Mark Thoma submits: Robert Reich says Fannie FNM and Freddie FRE are too big to be allowed to fail: Fannie, Freddie, and the Pending Taxpayer Bailout, by Robert Reich: Fannie Mae and Freddie Mac, the two giant quasi-public housing lenders that together own or guarantee about...
Last week Consumerist.com conducted a poll of its readers asking whether they thought of themselves first and foremost as consumers or citizens. It wasn't exactly scientific, but nearly 70% of people responded that they thought of themselves as citizens first. Our somewhat schizophrenic nature as American citizen/...
This paper provides a historical perspective to current debates whether large global firms are becoming "Stateless." Robert Reich among others suggested that historically the nationality of multinationals was clear, while for contemporary multinationals corporate nationality is both unclear and increasingly irrelevant. However the historical evidence shows that a great deal...
What Is a "Megaregion"?Megaregions and PovertyIt is true that a megaregion is concept useful for analyzing future needs, supply and demand, provide ideas for the changing patterns of urbanization and suburban developments. However, many of these megaregions have important clusters of poverty, New York, Los Angeles or Chicago have millions...
