Bad History, Worse Policy: How a False Narrative About the by Peter J. Wallison

By Peter J. Wallison

This well timed examine specializes in how the government-constructed narratives surrounding the cave in of Fannie Mae and Freddie Mac and the 2008 monetary concern formed the policymaking that ended in the Dodd-Frank Act. The e-book indicates that each significant provision of the act will be traced on to that narrative, which overlooked the government’s personal position and centred fullyyt at the mistakes of the personal zone. within the subsequent Congress, even if the Republicans are in command of the home and Senate, there'll be a concerted attempt to make adjustments in—or even repeal—the Dodd-Frank Act. The essays during this booklet, initially released via AEI as monetary prone Outlooks, and the accompanying observation offer an intensive backgrounder for an individual drawn to monetary coverage.

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