Chidem Kurdas
Chidem Kurdas's Latest Articles | 54
Emerging Hope in Greece
The Greek economy continues to shrink. With the wider European debt crisis and slump hampering Greek recovery, the recession may persist through 2013. Amid the... Read »
Fannie, Dodd-Frank and Barney Frank
Barney Frank won’t run for Congress after his present term expires. This May there were news stories about his ex-lover getting a high-paying job at mortgage... Read »
Energy Policy vs. Market
No matter how thoroughly public policy fails, there is no end to efforts in the same area. Energy is a case in point. Reviewing the history of US energy policy... Read »
Politics of Healthcare Rationing
The Obama administration’s remake of the US healthcare system stands on three legs. It makes the purchase of insurance compulsory. It doles out new entitlements... Read »
Revolution on Wall Street?
Protestors have “occupied” a square near Wall Street for weeks. Hundreds of them were arrested, some 700 while blocking the Brooklyn Bridge. The movement may... Read »
Fannie Freddie Lawsuit and Risk Arbitrage
Last week the Federal Housing Finance Agency filed suits against 17 major banks and mortgage businesses for misleading Fannie Mae and Freddie Mac regarding the risks... Read »
Spending Cuts and Politics of Bureaucracy
I just read The Politics of Bureaucracy by Gordon Tullock, one of the best books written on the behavior of bureaucrats. Although originally published in 1965,... Read »
Policy Makers and Irrational Exuberance
Robert Shiller says the speculative bubble in real estate was driven by “a contagion of optimism” that pushed up prices and expectations in a feed-back loop.... Read »
Why Dodd-Frank is Dud-Blarney
It is a shame that Christopher Dodd did not become a lobbyist earlier, before he teamed up with Barney Frank to sponsor the Dodd-Frank Act. Mr. Dodd first helped... Read »
Are Swiss Banks Socially Useless?
That’s a daft question, but it is suggested by what became conventional political wisdom in the aftermath of the financial crisis. Finance was vilified and financial... Read »







