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Expert Commentary

Dec 05, 2012

At the end of this month, a federal deposit insurance program created during the crisis and extended by Dodd-Frank is scheduled to come to an end. Under the so-called TAG (transaction account guarantee) program, the Federal Deposit Insurance Corporation provides unlimited insurance for noninterest-bearing transaction accounts, such as business checking accounts. Fans of the program are asking for its renewal. Rather than allow TAG to become a lasting, troublesome feature of our already flawed deposit insurance regime, the program ought simply to expire as planned.
Aug 29, 2012

The sale of the securities in Maiden Lane III, which was just one small part of the AIG rescue, is not a cause for celebration to the taxpayers who subsidized it. The $6.6 billion gain from these sales looks less than impressive when the full cost to taxpayers considered.
By Todd Zywicki, James Sherk |
Jun 14, 2012

President Obama touts the bailout of General Motors and Chrysler as one of the signature successes of his administration. He argues that the estimated $23 billion the taxpayers lost was worth paying to avoid massive job losses. However, our research finds that the president could have both kept the auto makers running and avoided losing money.
May 22, 2012

As people fret about the need for more regulation to keep big banks from losing money, it is worth asking whether regulating banks into profitability is really the answer.
Feb 13, 2012

The big financial institutions that make up the Financial Services Roundtable demand returns commensurate with the risks they take with their money, so they ought to understand why taxpayers don’t believe they earned a reasonable rate of return on their TARP investments.
May 31, 2011

Podcasts

Russell Roberts | February 11, 2013
Cathy O'Neil, data scientist and blogger at mathbabe.org, talks with EconTalk host Russ Roberts about her journey from Wall Street to Occupy Wall Street. She talks about her experiences on Wall Street that ultimately led her to join the Occupy Wall Street movement. Along the way, the conversation includes a look at the reliability of financial modeling, the role financial models played in the crisis, and the potential for shame to limit dishonest behavior in the financial sector and elsewhere.

Media Clippings

Todd Zywicki | Aug 02, 2012
Todd Zywicki quoted discussing government subprime loans.
J. W. Verret | Jul 19, 2012
J.W. Verret quoted discussing the administration's involvement and propping of General Motors.
Matthew Mitchell | Jul 12, 2012
"The Pathology of Privilege: The Economic Consequences of Government Favoritism" by Matthew Mitchell is cited in Real Clear Markets.
Matthew Mitchell | Jul 09, 2012
Matt Mitchell's paper on cronyism, "The Pathology of Privilege: The Economic Consequences of Government Favoritism" was cited in Powerline.
Matthew Mitchell | Jul 08, 2012
Matt Mitchell's paper, "The Pathology of Privilege: The Economic Consequences of Government Favoritism" is cited it The Examiner.
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