Fannie Mae, Freddie Mac, Housing, Government Bailout, Reform

Earlier this month, the Department of the Treasury released its long-awaited housing finance reform plan, which focused mainly on the two government-sponsored enterprises, Fannie Mae and Freddie Mac. The feds took both GSEs over in 2008, when rising defaults jeopardized their viability. The blueprint’s release date was…

How should central bankers provide aid to struggling financial institutions during a panic? Ask 19th-century economic theorist Walter Bagehot. Or, if you can't do that, ask his biographer: acclaimed author, publisher, and monetary scholar James Grant. Join Grant and the Cato Institute's George Selgin on Wednesday, September…

real bills doctrine, the fed, gold, timberlake, humphries, cato, milton friedman

The Cato Institute's newest book, Gold, the Real Bills Doctrine, and the Fed: Sources of Monetary Disorder, 1922–1938 is out now — and it's already getting rave reviews for challenging conventional wisdom on the Great Depression. In Gold, the Real Bills Doctrine, and the Fed, preeminent monetary…