Financial Web - The Independent Financial Portal Know what you're getting! Are you looking to consolidate your debt or need advice on reverse mortgages? We can help with debt settlement and more.
About
Articles
Monographs
Working Papers
Reviews
Archive
Contact
 
 

The Political Economy of RMBS Intervention

I have an op-ed in today’s Age on the politics behind the government’s intervention in the market for residential mortgage-backed securities.

It was pleasing to see the Australian Financial Review take a strong editorial stance against the intervention (‘Swan Banks on a Very Bad Idea,’ AFR, 29 September 2008, p. 62).  The AFR attributed the very transparent politics behind the intervention ‘to the Hollowmen school of policymaking.’

posted on 29 September 2008 by skirchner in Economics, Financial Markets

(1) Comments | (0) Trackbacks | Permalink | Main

Comments

Nice article, Stephen. Also impressive that The Age published an op-ed not only from the CIS but that demands a greater level of comprehension than would be expected of a 12-year old.

Posted by  on  10/01  at  06:44 AM


Post a Comment

Commenting is not available in this weblog entry.