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Wealth Effect

Why Should We Care About Housing?

Tom Silva | Posted 05.25.2011 | Politics
Tom Silva

The Obama administration - fresh on the heels of its financial regulation reform legislative victory - has now set its sights on the housing market. P...

Why Home Prices Are Less Important Than You Think

WSJ | Guest Contributor | Posted 05.25.2011 | Business

Much commentary in the financial press over the last several months has been concerned with the impact of falling house prices on consumer spending. W...

The Urgent Case for a Big Stimulus

Jeff Madrick | Posted 05.25.2011 | Business
Jeff Madrick

If we don't stimulate the economy, tax revenues will fall far faster and deficits rise, anyway. But they won't be the deficits of constructive investment. They will be the deficits caused by unnecessarily lost wealth.