{"id":1409,"date":"2008-10-21T21:37:42","date_gmt":"2008-10-22T04:37:42","guid":{"rendered":"https:\/\/blogschapman.wpenginepowered.com\/law\/2008\/10\/21\/professor-smith-publishes-op-ed-on-housing-bubble\/"},"modified":"2008-10-21T21:37:42","modified_gmt":"2008-10-22T04:37:42","slug":"professor-smith-publishes-op-ed-on-housing-bubble","status":"publish","type":"post","link":"https:\/\/blogs.chapman.edu\/law\/2008\/10\/21\/professor-smith-publishes-op-ed-on-housing-bubble\/","title":{"rendered":"Professor Smith Publishes Op-Ed on Housing Bubble"},"content":{"rendered":"<p>Professor Vernon Smith authored an op-ed entitled, \u201cSurviving Until Next Time.\u201d\u00a0 In his article, Professor Smith discusses the current crash of the U.S. housing bubble and its causes.\u00a0 However, despite the current crisis, Professor Smith expresses optimism for the future with, \u201cOur brutalized economy will survive the crash \u2013 after a scare and some scars.\u201d\u00a0 He added, \u201cI believe this crash will end to the extent that the Treasury moves directly to recapitalize banking institutions\u2026The idea is to provide immediate cash infusions, ample scope for private funds to flow into recapitalization of banks, and at the same time allow the battered U.S. Treasury to recover a taxpayer return.\u201d\u00a0 <a href=\"http:\/\/www.forbes.com\/markets\/2008\/10\/21\/predicting-next-bubble-markets-bubbles08-cz_vs_1021smith.html\">Read article\u2026<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Professor Vernon Smith authored an op-ed entitled, \u201cSurviving Until Next Time.\u201d\u00a0 In his article, Professor Smith discusses the current crash [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":14757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"custom_author_name":"","chapman_pin_hero_slider":"","footnotes":""},"categories":[3],"tags":[68,70,36],"class_list":["post-1409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faculty","tag-foreclosure","tag-recession","tag-smith"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - 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