The Wages of Unemployment
Richard Vedder wrote the article below, which appeared in Wall Street Journal last Wednesday. Although it doesn’t directly affect mortgage buyers, or the ownership of real property notes it offers an interesting commentary on government handouts. Reprinted with permission. The American economy grew by 3.5% per year from the mid-17th century through the late 20th. Since then, this growth rate […]
The Wages of Unemployment Read More »