Index

A | B | C | D | E
F | G | H | I | J
K | L | M | N | O
P | R | S | T | U
V | W | Z

13 Bankers,51

60 Minutes,1

A

Acorn, 33

Advances In Behavioral Economics,69

American Individualism,20

Architect’s Small House Service Bureau, 20

Are Home Prices The Next Bubble,36

Ariely, Dan, 72

Aristotle, 46

Assets and the Poor,32

Atlantic, The,50

Austrian Business Cycle Theory, 66

Austrian Economics: An Anthology,6

B

Babcock, Fredrick, 26

George Babbitt,26

Bank of America, 11, 16, 17, 49, 56

Barnes, Alyson, 8

Barron’s,42

Bernanke, Ben, 36, 39

Better Homes in America Movement, 20

Beyond Greed and Fear,71

Blackstone Group, 8

Bloomberg News,8

Bourgeois Utopias, 298

Building for Babbitt,20

Building Suburbia, 11

Building the Dream,21

Bureaucracy,75

Bush, George W., 36

C

Caldwell, Phyllis, 50

Carmon, Ziv, 72

Casey, Doug, 60

CBS, 1

Cisneros, Henry, 33

CNBC, 3, 16

congressional loan conduit, 31 chart

Conquer the Crash,60

Courson, John, 10

Cutaia, Susan and Anthony, 39, 41

D

De Coster, Karen, 5

Discriminating Risk,31, 54

Duebel, Achim, 22

E

Edelman, Ric, 42

Einhorn, David, 56

Elliott Wave Theorist,60

Empowerment Network, The, 32

Ethics of liberty, The,46, 54

Ethics of Money Production, The,61

Exotic Preferences,70

Expanding the Opportunities,32

Equity Office Properties, 8

F

Fannie Mae

Bank of America, 16–17

CEO James Johnson, 37

conventional mortgages, 31

expanded government role, 52

FDR created, 28

HUD, 30

industry centralization, 34

locking out borrowers, 59

loosened loan criteria, 33

losses, 13

no incentive to negotiate, 49

Rothbard view, 48

underwater houses, 76–77

Fair Housing Act, 30

FDIC, 35, 39, 48

Federal Home Loan Banking System, 22

Federal Housing Administration, 22, 23, 29

Federal Reserve, 4, 5, 35, 36, 39, 42

Financial Times,53

FIREA, 32

First American Core Logic, 3

Fishman, Robert, 28, 29

For a New Liberty,54

Freddie Mac

bond losses, 17

congressional authorization, 31

entrepreneurial risk, 56

expanded government role, 52

industry centralization, 34

loosened loan criteria, 33

Mortgage Electronic Registration System, 13

mortgages back to tenders, 16

Rothbard view, 48

G

Geithner, Tim, 53, 57

Genesove, David, 69

Ginnie Mae, 30–31

Goodman, Laurie, 49

Goodman, Peter S., 36, 37, 39

Government National Mortgage Asssociation, 3, 52

Grant’s Interest Rate Observer,46

Great Depression, 4, 26, 52

Greenspan, Alan, 35

Gross, Bill, 52

Guiso, Luigi, 45

H

Hagerty, James R., 49

Hayden, Dolores, 22, 28

history of home values, 2 chart

Home Depot, 5

Home Modernization Bureau, 20

Hoover, Herbert, 4, 20, 21, 36

HOPE, 32

Housing Advisory Council, 26

Hudson, Kris, 9

Hülsmann, Jörg Guido, 61, 62

Hutchinson, Janet, 20, 27–28

I

Indiviglio, Daniel, 50

J

Johnson, James, 37

Johnston, Joseph F., 8

journal, Association for Financial Counseling,41

journal of Financial Planning,41, 42

journal of Markets & Morality,8

K

Kemp, Jack, 32–33

Kudlow, Larry, 16

Kwak, James, 52

L

La Valle, Nye, 14

Langone, Ken, 5

Las Vegas, 3, 49, 50, 57, 71, 79

Las Vegas Review journal,50

Legal Studies Discussion Paper,1

Levitin, Adam, 12

Levitt, William, 20

Lewis, Sinclair, 26

LewRockwell.com, 5

Lira, Gonzalo, 12–14

Lowenstein, George, 70

Lowenstein, Roger, 11, 62

Luth, Don, 62

M

Macerich Co., 9

Market For Liberty, The,56

Marketing and Financing Home Ownership,19

Mauldin, John, 14

Mayer, Christopher, 69

McCarthy, Jonathan, 36

Miami Beach, 3

Mind of the Market, The,71

Mises, Ludwig von, 6, 75

Moffett, James, 26

Morgan Stanley, 8, 9

Morgenson, Gretchen, 16

MSNBC, 16

Murin, Joseph, 3, 5

Murphy, Larry, 50

N

Naked Capitalism,14

National Association of Real Estate Boards, 20

National Association of Realtors, 31

National Homeownership Strategy,33–34

Natural law and the fiduciary duties,8

New Deal, 23

New York Times,iv, 16, 51

O

Obama, Barack Hussein, 14

OFHEO, 32

Otis, James, iii

Own Your Own Home,4, 19, 20

P

Past Due,36

Paulson Jr., Henry M., 10

Peach, Richard W., 36

Phoenix, 3, 51

PIMCO, 52, 53

Pines, Michael, 16

Pinto, Edward, 33

Powell, Michael, 51

Power and Market,57

Prechter, Robert, 60

Predictably Irrational,72

Prelec, Dražen, 70

private property, iii, 24–25, 27–28, 47

Pruitt, A. D., 9

R

Ranieri, Lewis, 49

Ratigan, Dylan, 16

Reagan, Ronald, 31

Reynolds, Anna and Charlie, 48

Rise of the Community Builders, The,20

Rothbard, Murray, 46–48, 54–55, 57, 60

S

Sanders, Anthony, 37

San Francisco, 8, 9

Sapienza, Paola, 45

Savings & Loan crisis, 32

Schakett, Jack, 50

Sennholz, Hans, 61

Sharga, Rick, 50

Shefrin, Hersh, 71

Shermer, Michael, 71

Sherraden, Michael, 32

Shiller, Robert J., 2

Simon Property Group, 9

Slater, Robert, 39

Smith, Alfred E., 21

Smith, Yves, 14

Snow, Marian, 40, 41

strategic default

default moralists, 58

defined, 1

divided opinion, 5

Emotional Drivers,69

Moral and Social Constraints, 45

Morgan Stanley, 8

what is the downside, v

Stop Sitting on Your Assets,40

Stuart, Guy, 31, 34, 54

Sugrue, Thomas J., 19, 23

T

Tannehill, Linda and Morris, 56

Task, Aaron, 11

Taubman, Robert, 9

Thaler, Richard, 71

Thompson, Diane E., 51

Tilson, Whitney, 49, 63

U

Underwriting Manual,24–26

under water, 3, 4, 10

University of Chicago, 1, 45

Untapped Riches,39

V

VA loan program, 29–30

Vornado Realty Trust, 9

W

Wall Street Journal,iv, 9–11, 33, 49

Weiss, Marc, 19, 20

Whalen, Chris, 16, 56

White, Brent T., 1, 2, 7, 46, 75

Wikipedia, 31

Wright, Gwendolyn, 21, 27

Z

Zell, Sam, 8

Zingales, Luigi, 1, 45

About the Author

Douglas E. French is president of the Ludwig von Mises Institute. He received his master’s degree under the direction of Murray N. Rothbard at the University of Nevada, Las Vegas, after many years in the business of banking. He is the author of Early Speculative Bubbles (Mises Institute, 2009), the first major empirical study of the relationship between early bubbles and the money supply.

Contact: french@mises.org