Relevant and even prescient commentary on news, politics and the economy.

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More on the Mortgage Mess

…origination mess. The plan, Reforming America’s Housing Finance Market: A Report to Congress (Treasury and Housing and Urban Development, Feb. 2011), claims that it will “reform America’s housing finance market…

More on the Middle East

…the base of the regime. However, over time with urbanization and slow growth and the rise of corruption since Mubarak took over, that base has eroded. Nasser also gained credibility…

Opportunities in Detroit?

…is urban farming, but that assumes people will not move into Detroit any time soon. So does the 50 square miles provide us with an opportunity? New neighborhoods? New types…

Tax cuts and deficit commissions

…look at this Tax Policy Center (Urban Institute/Brookings Institution) analysis of the impact of the expiration of the 2001-2003 Tax Cuts. Extending the cuts would result in an average effective…

Coming Boomer pension cuts

…study, by researchers at the Social Security Administration and the Urban Institute, modeled the consequences over the next 22 years of eliminating many defined benefit pensions. The report projected what…

Two BRICs: India vs. Brazil

…jobs will continue to fall far short of burgeoning supply (the “demographic dividend”), condemning many millions to insecure and ill-paid, informal urban employment (or even unemployment) and mounting underemployment and…