Unbiased Analysis of Today's Healthcare Issues
In “Too Small to Fail, ” The Washington Monthly writes on the success of conservatively-managed small banks in the midst of the financial market collapse. Why are small banks succeeding? First, they are running their business more conservatively; in the tradition of, well, traditional bankers. Secondly, they develop personal relationships with customers giving them superior information about their…
Should the Treasury bail out Fannie and Freddie? A recent Economist article gives a level-headed solution: nationalize and then dismantle them. Most libertarians would say that Fannie and Freddie should fail. Having these two giant players collapse, however, add dynamite to an already explosive mortgage finance market. Thus, the short term solution must be to…
This blog has repeatedly reported on the success of microfinance organizations such as Nobel-prize-winner Muhammad Yunus’ Grameen Bank and ACCIÓN (see 26 Mar 07 and 26 May 06 posts). Up to this point, the organizations who have worked to make loans to the world’s poor have been nonprofit organizations. Now, however, The Economist reports (“Doing…