Benjamin Powell

Benjamin Powell, Ph.D., is a senior fellow at the Independent Institute, Oakland, Calif., the executive director of the Free Market Institute, and professor of economics at Texas Tech University’s Rawls College of Business.  

Benjamin Powell, Ph.D., is a senior fellow at the Independent Institute, Oakland, Calif., the executive director of the Free Market Institute, and professor of economics at Texas Tech University’s Rawls College of Business.  

Deutsche Bank’s Forecast: All Wet?

Deutsche Bank forecasts that by early 2011, 48 percent of all U.S. homeowners with mortgages will be “underwater” – that is, they will owe more on their mortgage than their home ...