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How the U.S. Government Collapsed the Economy, and How to Build It Back Much Better
The U.S. Government caused the 2020 economic collapse, the U.S. Government should build it back better.
March 1, 2021
Fred Foldvary, Ph.D.
Economist
The Pre-Existing Land Value Problem
A land-value tax (LVT) will decimate people’s property values, so property owners won’t want an LVT without an additional solution. Here’s another solution.
April 8, 2013
Fred Foldvary, Ph.D.
Economist
How Well Can One Know Another? Even Oneself?
One reason why government planning and control so often fail is that much of the economy is hidden from view.
January 3, 2010
Fred Foldvary, Ph.D.
Economist
Fannie & Freddie Get Bailed Out Again
The government subsidy of land values is not sustainable, as it has always created a boom followed by a bust.
December 28, 2009
Fred Foldvary, Ph.D.
Economist
A Song About the Mortgage Crisis
To the tune of ‘Minnie the Moocher’ by Cab Calloway
March 23, 2009
Fred Foldvary, Ph.D.
Economist
Are Tax Credits for Home Buying Good or Bad?
The Housing and Economic Recovery Act of 2008 (HERA) gives some house buyers an interest-free loan for buying a house.
February 9, 2009
Fred Foldvary, Ph.D.
Economist
The Depression of 2008-2009
The large decline in output, following three years of decelerating growth, has put the U.S. economy in a depression.
February 2, 2009
Fred Foldvary, Ph.D.
Economist
Ballad of the Housing Crunch
A song about the impending mortgage crisis
December 1, 2008
Fred Foldvary, Ph.D.
Economist
The Subprime Mortgage Freeze
Politicians only address symptoms when it's the system we need to fix
December 1, 2008
Fred Foldvary, Ph.D.
Economist
The GDP Illusion
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
August 1, 2008
Fred Foldvary, Ph.D.
Economist
Why Does Government Promote Home Ownership?
The real reason for favors to mortgage holders
July 1, 2008
Fred Foldvary, Ph.D.
Economist
By buying mortgages, the state subsidizes speculators
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
July 1, 2008
Fred Foldvary, Ph.D.
Economist
Regulation of the Financial Industry
Do lenders need more cops or less temptation?
April 1, 2008
Fred Foldvary, Ph.D.
Economist
The 2007 US Economic Slowdown
US economic growth slowed almost to zero in the last quarter of 2007, consistent with a coming recession.
January 1, 2008
Fred Foldvary, Ph.D.
Economist
Economic Forecast 2008
The 18-year real estate cycle continues to march on right on schedule.
January 1, 2008
Fred Foldvary, Ph.D.
Economist
Freddie's Big Loss
In the fall of 2007, Freddie Mac, the second largest housing finance company, was hit by a $2 billion quarterly loss
November 1, 2007
Fred Foldvary, Ph.D.
Economist
To Confront a Bubble
There is a way to stop the business-cycle boom bubble, but it requires radical changes in economic policy that no one seems willing to confront.
September 1, 2007
Fred Foldvary, Ph.D.
Economist
Spreading But Not Eliminating Risk
Subprime Loans, Subsidized Land, and Manipulated Money
August 1, 2007
Fred Foldvary, Ph.D.
Economist
Real Estate Cycle on Schedule as Manufacturing Falls
There are already recessions in two key industries, residential real estate and automobile manufacturing
December 1, 2006
Fred Foldvary, Ph.D.
Economist
Land-Value Commissions
Land-value commission have the same benefit as land-value public finance in saving interest payments, as the borrower pays the land-value charge rather than mortgage interest
August 1, 2006
Fred Foldvary, Ph.D.
Economist
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