Summary

Edward Glaeser and Dwight Jaffee argue that Freddie Mac and Fannie Mae are actively pursuing great risk at taxpayer expense and private profit: the cure is a tax on their $1.5 trillion in borrowing that could yield as much as $6 billion a year.

Recommended Citation

Glaeser, Edward L. and Jaffee, Dwight M. (2006) "What To Do about Fannie and Freddie?," The Economists' Voice: Vol. 3 : Iss. 7, Article 5.
DOI: 10.2202/1553-3832.1221
Available at: http://www.bepress.com/ev/vol3/iss7/art5