They keep trying and trying with ever-worse results. There is no middle way to solve the housing crisis. The real help for underwater homeowners will only arrive when Fannie, Freddie, and the rest are allowed to fail.

Many have misdirected their anger toward illegal immigrants or the businesses that hire them. This outrage should be aimed at the state.

What if, instead of Marxist or quasi-Marxist paradigms, literary critics adopted the theories of free-market economics?

The elimination of the state will not lead to lawless chaos. Not only will market law be more efficient; it will also be more equitable than the government alternative.