My final two installments in my Los Angeles Times debate are available. On Thursday, I explained why Fannie Mae and Freddie Mac should be shut down. On Friday, I broadened the argument to explain that eliminating government housing programs is the best way to protect against future bubbles.
I also provided some commentary to NPR on the issue of moral hazard. If you like the article, feel free to click “recommended” at the top of the screen so the bureaucrats at the government-financed radio network have an incentive to allow more free market analysis. Perhaps one day they’ll allow someone from Cato to explain why taxpayers subsidizing radio is not a legitimate function of the federal government.