The housing crash of 2008, leading into the Great Recession, was one of the worst economic crises in the last hundred years. As governments around the world locked down their economies during the COVID-19 pandemic, the stage was set for a similar collapse in the real estate market, yet for the most part, it didn’t happen. Mark Calabria, author of “Shelter from the Storm”, talks with Matt Kibbe about the ways in which some policymakers were able to avoid making the mistakes of their predecessors, and avoid making a bad situation even worse. This points to the importance of having libertarians and those skeptical of big government in positions of authority within the very bureaucracies they would like to eliminate altogether.
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