FROM Antoinette Schoar
Rethinking the Housing Bubble The President didn’t use the words “recession” or “housing bubble” in his budget speech this morning. But what happened to the U.S. economy only a few years back is certainly on the minds of lawmakers as they lay out our financial future. A new study sheds fresh light on the housing bubble and the great recession, challenging some of our most common assumptions about the causes. We hear from one of its authors.
Why did Jared Kushner want a back channel with Russians? News broke Friday that President Trump’s son-in-law and senior advisor, Jared Kushner, tried setting up a back channel between the Trump transition team and the Russian government. What are the consequences for Kushner, President Trump, and the investigation into Russian meddling?
Farewell LA freeways, Peter Shire is back Angelenos don't want more freeways but we seem not to want mass transit either. Metro has killed the 710 freeway extension, and bus and train ridership is down across the region. What's the future of getting around in LA? And, Peter Shire is having a comeback. What attracts a new generation to his playful ceramics and furniture?