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Hot Topics in Economics

Let Bulldozers Solve US Housing Mess

October 31, 2011

Kip Beckman Kip Beckman
Principal Research Associate,
Economic Services

The numbers are staggering. Three years after the housing crisis, 14.6 of the 51 million mortgages in the United States are underwater, meaning that mortgage debt is greater than the value of their homes. National home prices have tumbled by around 40 ...

Don’t Kid Yourself: Lower Taxes Usually Mean Reduced Services and Higher Debt

October 20, 2011

Glen Hodgson
Senior Vice-President and Chief Economist
Forecasting and Analysis

Virtually no one enjoys paying taxes, me included. We would all love to live in a state where taxes are kept low (or are paid by someone else), yet where we benefit from high-quality public services. But that’s not ...

Does Argentina’s 2002 Debt Default Provide an Option for Greece?

October 13, 2011

Kip Beckman
Principal Research Associate,
Economic Services

Does history offer Greece any help in determining the appropriate direction to take in terms of handling its massive debt, or does the decision simply boil down to a condemned man’s choice of being either shot or hung? Argentina’s experience with linking ...


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