Arnold Kling is an economist, author, and blogger known for his writing on financial markets, housing policy, and government regulation. A former economist at Freddie Mac and the Federal Reserve, he contributed pieces to The Weekly Standard on state governance and the future of government-sponsored mortgage enterprises.
On February 11, the day that Hosni Mubarak resigned as president of Egypt, the Obama administration released its report to Congress on reforming America’s housing finance market. The report most notably proposes phasing out Fannie Mae and Freddie Mac, the two large government-sponsored enterprises…
MASSACHUSETTS IS CONSIDERING HEALTH INSURANCE reform to address the problems of the uninsured. The federal government is pressuring the state to do something or lose several hundred million dollars in Medicaid funding. Two competing ideas are single-payer health care, favored by some on the left,…