The Open Market Blog

• By: Lene Johansen
• 10/17/2007

A world where there’s not enough electricity. This story I found in the Philadelphia Inquirer this weekend is a view into where life will…

• By: Hans Bader
• 10/16/2007

As I explain below, federal meddling will merely delay the mortgage meltdown and make the ultimate implosion of the mortgage industry all the worse.

• By: Hans Bader
• 10/16/2007

Mortgage-backed securities have collapsed in value, and aren't worth as much as once thought. That's becoming clear as increasing numbers of homeowners default on their…

• By: Hans Bader
• 10/16/2007

Volunteer fire departments would be endangered by a union-backed bill that has overwhelmingly passed the House of Representatives and now is pending in the…

• By: Doug Bandow
• 10/16/2007

Government finances are suffering, spending on the Iraq war continues to escalate while Social Security and Medicare continue to head over the financial cliff. Yet…

• By: Eli Lehrer
• 10/15/2007

Wayne told me about an NPR story about credit unions getting into the payday loan alternative business. My only comment is: Why didn’t they…