Archive for

Part 2 on Occupy Wall Street’s Targets

Another crucial part of Rajan’s hypothesis about inequality and the financial crisis is the GSEs (government sponsored enterprises like Fannie Mae and Freddie Mack) were driving some of the lower lending standards. In turn, lenders at banks lowered their standards. What followed was the financial crisis. He is not the only one to make this … Continue reading

Are there specific books that a store should carry?

So, I was at Barnes and Noble hanging out this weekend and I planned on picking up a birthday present for my friends. This friend likes Virginia Woolf, so I figured I’d send get her something by Elizabeth Bowen. When the modern library compiled their list of the best novels of the 20th century, Bowen … Continue reading