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Criminal Law

: Crime & Federalism

Mercatus Center "Experts" on the Subprime Crisis

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If you read the Mercatus Center website, you'll be greeted with an interesting claim: "For over 25 years, the Mercatus Center at George Mason University has been the world?s premier university source for market-oriented ideas?bridging the gap between academic ideas and real world problems." The Mercatus Center has even formed a Financial Markets Working Group. "The Financial Markets Working Group is a collection of seventeen university-based scholars with expertise across a wide range of economic issues relevant to the recent economic crisis." Oh really? Here are what three leading Mercatus Center "scholars" wrote about subprime lending: There has been much criticism lately about so-called 'exotic mortgages' that are creating a 'housing bubble'...continue to full post

Full post as published by Crime & Federalism on November 23, 2010 (boomark / email).

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