Several presidential candidates have made exploding wealth inequality a central issue in their campaigns and advocated various policy prescriptions to address it, ranging from introducing a wealth tax to expanding capital gains taxes. Until recently, there has been widespread agreement that wealth inequality is rising in America. This thesis ...

With the U.S. Treasury’s recently released plan to revamp Fannie Mae and Freddie Mac, an important piece of government-sponsored enterprise (GSE) reform is falling into place. Over a decade has passed since the 2008 subprime mortgage meltdown and the bailout of Fannie and Freddie, so you may be asking: What took so long? The answer is that ...