Over in the POL Columns section, Manhattan Institute Visiting Scholar Richard Epstein weighs in on a proposal to allow local governments to use their power of eminent domain to address the problem of underwater mortgages. Epstein describes the shortcomings of the proposal and why it should be resisted.
Richard Epstein: Eminent domain won't fix the mortgage crisis
- The Past, Present and Future of Fannie and Freddie: Government Intransigence on the Current Lawsuits Could Make It Impossible to Reprivatize the Residential Mortgage Market
- JPMorgan's Unsettling Settlement
- Richard Epstein: The Supreme Court's Mischievous Environmental Easement
- Richard Epstein: Takings Law, Without a Theory
- Richard Epstein: The Supreme Court's tortured takings jurisprudence
- "They want us to go back to the same old policies that got us into this mess in the first place"
- FHFA warns against using eminent domain to address mortgage crisis
- DOJ and state AGs encourage moral hazard
- CFPB paternalism
- A small victory against the EPA
- Richard Epstein comments on takings law and jurisprudence
- What media bias? Freddie Mac edition
- MetLife fires 4,300 citing uncertainty and overregulation
- Legitimacy of Cordray confirmation under the microscope