Description:
Housing, a central priority for government policy for many decades, collapsed in 2008; even in 2011, millions of homes are under water. This poses many economic and ethical issues. This elegant and fact-filled book by former Mises Institute president Doug French examines the background to the case of “strategic default,” or walking away from your home, and considers its implications from a variety of different perspectives. The thesis here is that there is nothing ominous or evil about this practice. It is an extension of economic rationality.
Other Books From - Liberty.me Books
How They Succeeded 
The Voluntaryist Creed 
The Shadow Riders 
War Is the Health of the State 
Young Pioneers 
Never Ask the End 
Theories of the Trade Cycle 
Our Enemy, the State 
Banking and the Business Cycle 
The Economic Basis of Class Conflict Other Books By - Doug French
The Failure of Common Knowledge 
Peer-to-Peer Lending 
Early Speculative Bubbles and Increases in the Supply of Money Back