09 Dec 2008

Casey Mulligan: Don’t Impose New Tax on Homeowners!

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I am going to quibble with him in a forthcoming mises.org piece (concerning the Cato Unbound series on the financial crisis), but Chicago economist Casey Mulligan is on fire with his analysis of the horrible incentives in mortgage forgiveness plans that are tied to income. Here is his piece in the Chicago Tribune, but scroll through his awesome blog for more.

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