2009 June Finance, Insurance & Real Estate News: Bailouts Mean Economic Malaise

2009 June Finance, Insurance & Real Estate News: Bailouts Mean Economic Malaise
June 1, 2009

Steve Stanek

Steve Stanek (sstanek@heartland.org) is a research fellow at The Heartland Institute and managing... (read full bio)

The June 2009 issue of Finance, Insurance & Real Estate News, a new insert in each monthly issue of Budget & Tax News, offers an analysis by economists Robert B. Ekelund Jr. and Mark Thornton, who warn the recent federal government bailouts "have created investment uncertainty, uncertain future tax burdens, and moral hazard that will result in economic stagnation, sluggish growth, and further crises.

Also in this issue:

  • Former Federal Reserve Chairman Alan Greenspan bristles at being blamed for the housing bubble, but an analysis says the blame is well-placed.
  • For the second straight year, a study of property-casualty insurance markets puts Vermont at the top of the list of states most receptive to insurance competition.

Steve Stanek

Steve Stanek (sstanek@heartland.org) is a research fellow at The Heartland Institute and managing... (read full bio)