Monthly Archives: September 2010

Will It Work and How Will We Know? The Future of Financial Reform Conference.

Next Monday, October 4th, I’ll be holding a conference for the Roosevelt Institute titled “Will It Work and How Will We Know? The Future of Financial Reform Conference.” Here at the Roosevelt Institute we’ve fought for financial reform over the … Continue reading

Posted in Uncategorized | 2 Comments

Chamber of Commerce Issues First Lawsuit over Dodd-Frank FinReg

Shots fired! From Dealbook, what I believe is the first lawsuit related to Dodd-Frank specifically has been issued by the Chamber of Commerce and Business Roundtable: The United States Chamber of Commerce and the Business Roundtable on Wednesday sued the … Continue reading

Posted in Uncategorized | 1 Comment

Charles Calomiris on High LTV, Then and Now

Charles Calomiris has an editorial in the FT calling for lower loan-to-value (LTV), Time to introduce minimum downpayments for mortgages: Without high leverage the subprime boom and bust could not have happened. Risky no-docs borrowers would have been unwilling to … Continue reading

Posted in Uncategorized | 2 Comments

More on the Florida Foreclosure Nightmare

We just discussed the nightmare situation in Florida, which is likely to spin out nationally. Before I tell you more about what I think about the Florida situation, I’ll tell you I was raised by a family in law enforcement, … Continue reading

Posted in Uncategorized | 6 Comments

Pew Economic Mobility Project: Incarceration’s Effects on Economic Mobility

I think the gigantic increase in the United States’ prison population and sentencing norms over the past 30 years is one of the largest drivers of inequality and stagnating wages that doesn’t get discussed in the generic inequality story. So it … Continue reading

Posted in Uncategorized | 6 Comments

Florida’s Foreclosures Nightmare

Given that the IMF and others believe a large part of the “structural unemployment” in our country is related to the struggling housing market and underwater and barely-hanging on homeowners, what is to be done? One option is to allow … Continue reading

Posted in Uncategorized | 18 Comments

Clinton on Structural Unemployment

I saw Bill Clinton on Letterman explaining that for the “first time new job postings are opening up twice as fast as job hires….because of skills mismatch….[unemployment would drop] 9.6 to 6.9″ last Monday, the night the Labor Market paper … Continue reading

Posted in Uncategorized | 1 Comment