Insight & Thought Leadership on the Global Economy

When Mark Zandi talks, people listen. This fine book (Paying the Price) evaluates the policy responses to the financial crisis and the Great Recession in his usual authoritative and objective manner—a rare combination. You should read it. — Alan S. Blinder, Economics Professor, Princeton University, and former Vice Chairman of the Federal Reserve

A Road Map to the New Housing Finance System

Debate is heating up pver the future of the nation’s housing finance system. Much of the back and forth has focused on the system’s end state—whether housing finance should be privatized, retain some form of government backstop, or even remain effectively nationalized as it is today. No matter which goal is chosen, however, reform will not succeed without an effective transition. A clearly articulated plan for getting from here to there is vital; otherwise policymakers will be appropriately reluctant to move down the reform path.

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