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Spirit Airlines shows mergers may prevent bankruptcies and bailouts
In 2024, Spirit Airlines, financially troubled since the COVID-19 pandemic and lockdowns, sought a lifeline through a merger with JetBlue Airways. Although neither Spirit nor…
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When solar tax incentives overheated, the residential solar market became scorched
Residential solar has long been sold as a win-win for consumers and the environment. It was marketed as an affordable way for homeowners to reduce…
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Obamacare’s subsidy cliff: How many enrollees are actually affected?
Democrats in Congress have put Obamacare front and center in their opposition to the Republicans’ temporary budget. One provision of the American Rescue Plan…
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News Release
Court Strikes Down Dodd-Frank Proxy Rule
The Competitive Enterprise Institute hails today’s decision of the D.C. Circuit Court of Appeals striking down the Securities and Exchange Commission’s (SEC) proxy…
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Consumer Financial Protection Bureau Nominee Richard Cordray Supports Price Controls and Borrower Bailouts
Last Thursday, before the House Oversight and Government Reform Committee, Consumer Financial Protection Bureau architect Elizabeth Warren insisted that her priority was not to ban certain…
Op-Eds
Let’s Not Repeat Mortgage Mistakes
You write that the Obama administration decided last year to let “the market sort things out” regarding America’s housing woes in lieu of government intervention.
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Fannie Mae Played a Bigger Role in the Financial Crisis than Previously Thought
In the Wall Street Journal, Peter Wallison, who prophetically warned against the risky practices of mortgage giant Fannie Mae, describes the key role…
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The Few, The Proud, The Greek Liberals (It’s Lonely Being a Libertarian in Greece)
As the crisis in the eurozone continues to spiral out of control, I’ve sometimes thought about what must be going through the heads of…
Blog
Voodoo Economics Behind Government Demand for Mortgage Write-Downs by Big Banks
In 2010, Obama administration allies proposed a trillion-dollar bailout for those lucky mortgage borrowers whose loans were owned by the government-backed mortgage giants Fannie…