Kevin Erdmann

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Senior Affiliated Scholar
Kevin Erdmann is a senior affiliated scholar at the Mercatus Center at George Mason University. He is currently engaged in two book projects with Mercatus on housing finance, land use restrictions, and monetary policy. His first book, Shut Out (Rowman & Littlefield, 2019), offers a contrarian theory on the causes of the housing boom and bust. Reviews of Shut Out have appeared in the Economic Record, Regulation, and the Washington Examiner.
Erdmann’s work has appeared in the Wall Street Journal, the National Review, and Politico, and it has been featured on C-SPAN. Erdmann also blogs at Idiosyncratic Whisk, where he published many of his original discoveries about the housing boom and the financial crisis as he began to investigate them. Eventually that evidence accumulated to form a comprehensive new paradigm through which to view the economy and financial markets, and Erdmann now develops and communicates the lessons of this new framework for policymakers, investors, and firms.
Erdmann was a small business owner for 17 years. He holds a master’s degree in finance from the University of Arizona.
Latest Work
- | Expert Commentary Expert Commentary
How to keep low-income families in Los Angeles
- | Housing Housing
- | Policy Briefs Policy Briefs
The Link Between Local Zoning Policy and Housing Affordability in America’s Cities
- | Housing Housing
- | Mercatus Original Podcasts Mercatus Original Podcasts
Making the Housing Market More Resilient for Homeowners, Neighborhoods, and the Economy

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Was the Financial Crisis Actually Caused by a Housing Shortage?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Rich Cities Created the Housing Shortage
- | Monetary Policy Monetary Policy
- | Books Books
Shut Out

- | Housing Housing
- | Expert Commentary Expert Commentary
Amazon HQ2 Decision Shines Light on Urban Housing Issues

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Kevin Erdmann on Housing Shortages and a New Understanding of the Great Recession

- | Monetary Policy Monetary Policy
- | Public Interest Comments Public Interest Comments
Response to the Federal Housing Finance Agency Request for Comment on How Its Regulations May Be Made More Effective and Less Burdensome
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Was Housing Undersupplied During the Housing Bubble?

Latest Work
- | Expert Commentary Expert Commentary
How to keep low-income families in Los Angeles
- | Housing Housing
- | Policy Briefs Policy Briefs
The Link Between Local Zoning Policy and Housing Affordability in America’s Cities
- | Housing Housing
- | Mercatus Original Podcasts Mercatus Original Podcasts
Making the Housing Market More Resilient for Homeowners, Neighborhoods, and the Economy

- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Was the Financial Crisis Actually Caused by a Housing Shortage?

- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Rich Cities Created the Housing Shortage
- | Monetary Policy Monetary Policy
- | Books Books
Shut Out

- | Housing Housing
- | Expert Commentary Expert Commentary
Amazon HQ2 Decision Shines Light on Urban Housing Issues

- | Monetary Policy Monetary Policy
- | Mercatus Original Podcasts Mercatus Original Podcasts
- | Macro Musings Macro Musings
Kevin Erdmann on Housing Shortages and a New Understanding of the Great Recession

- | Monetary Policy Monetary Policy
- | Public Interest Comments Public Interest Comments
Response to the Federal Housing Finance Agency Request for Comment on How Its Regulations May Be Made More Effective and Less Burdensome
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Was Housing Undersupplied During the Housing Bubble?
