Free banking provides a stable and flexible supply of money, and allows the natural rate of interest to do its job of keeping out economy stable

The social cost of the tax that pays for the subsidy is greater than the gain to the buyers, because the extra buyers are able to to buy it at less than the market price.

Government policy can be either market enhancing, such as by penalizing theft, or market hampering, such as by taxing human action.

Creating money not based on gold, manipulation and inflation rather than the natural interest rate, and land-value subsidies, all skew and distort prices and profits.

As long as we punish labor with taxes and restrictions, and reward land speculators with subsidies, we will always have periodic economic booms and crashes

Unfortunately, Krugman has used his forum to promote the status-quo big-government welfare-state programs that have been the problem rather than the solution.

Government is not allowing prices and profits to do their economic jobs, and further interventions will just make the problem that much worse in the long run.

Any plan that bails out banks and mortgages is going to leave out those who have been dutifully paying their mortgage payments, or fully own their homes

We’ve “been there and done that” so many times before. Yet, the endogenous cycle keeps returning, as soon as we find peace, and economic life returns to its even tenors.

California is broke but won’t go bankrupt

What can happen when we borrow trillions to pay interest

A list of the winners and losers from the world of economic theory

The government's propping-up of the economy with borrowed money will cost us all later, as it increases the federal debt and delays the economic adjustments needed for the recovery

The real reason for favors to mortgage holders

Comparing economic approaches by three major cities

Somehow, Fannie Mae and Freddie Mac did not understand the real estate cycle and that their own institutions would make the recession that much more severe

Transit systems depend on taxation to pay for costs. These extra sales taxes have an excess burden, reducing production and economic growth

Why pay more at the pump? There are solutions!

Restrictions and taxes prevent workers from being employed, and the remedy is to remove them.

Even economists can separate out the value of buildings