Solving the Financial Crisis: An Academic Viewpoint

“Necessity is the mother of invention” says one old proverb. What better time than right now to think and plan for new, innovative approaches to problems facing all of us?

Unlike the various candidates trying to garner votes, I am neither a politician nor on a “do good” pedestal.

I am a trained, retired . . . → Read More: Solving the Financial Crisis: An Academic Viewpoint

Outsourcing: How Much Is Too Much?

Tries to understand the long term economic consequences of outsourcing . . . → Read More: Outsourcing: How Much Is Too Much?

Why Federal Home Loan Banks May Survive the Credit Crisis

In 1932, Congress created the Federal Home Loan Banks to prop up thrift institutions during the Great Depression. Today, there are 12 regional Federal Home Loan Banks. Their main business is low cost loans to their more than 8000 owners, which include commercial banks, thrifts, credit unions, and insurance companies. Like Freddie Mac . . . → Read More: Why Federal Home Loan Banks May Survive the Credit Crisis