Walk Away (Large Print Edition): The Rise and Fall of the Home-Ownership Myth - Softcover

French, Douglas E.

 
9781479240098: Walk Away (Large Print Edition): The Rise and Fall of the Home-Ownership Myth

Synopsis

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Housing, a central priority for government policy for many decades, collapsed in 2008; even in 2011, millions of homes are under water. This poses many economic and ethical issues.This elegant and fact-filled book by former Mises Institute president Doug French examines the background to the case of "strategic default," or walking away from your home, and considers its implications from a variety of different perspectives. The thesis here is that there is nothing ominous or evil about this practice. It is an extension of economic rationality.

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About the Author

"Douglas E. French is Senior Editor at Laissez Faire Club. 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 a major supporter of the Mises Institute, and has served as its president (2009-2012). He is the sponsor of the Douglas E. French Prize for the student who emerges from the Mises University oral examinations with the best record, as chosen by the examining committee. He is the author of two books, Early Speculative Bubbles and Increases in the Supply of Money, the first major empirical study of the relationship between early bubbles and the money supply, and Walk Away, a monograph assessing the philosophy and morality of strategic default."-Ludwig von Mises Institute

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Other Popular Editions of the Same Title

9781610161022: Walk Away: The Rise and Fall of the Home-Ownership Myth

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ISBN 10:  1610161025 ISBN 13:  9781610161022
Softcover