by Jeremy Webster | May 25, 2018 | Mercatus Center Publications
In my opinion, quantitative, not qualitative, analysis should underpin nearly all the endeavors of the Office of Research. The Academic Research Council has not fulfilled its original purpose. I base my opinion on a preliminary analysis of the published output of the...
by Jeremy Webster | Mar 19, 2018 | Mercatus Center Publications
Are credit cards going away in five years in favor of new payment technologies or new ways to transfer funds? Not likely. For most Americans, plastic credit cards are an example of “low tech, good tech.” Read more at Mercatus.org
by Jeremy Webster | Nov 20, 2017 | Mercatus Center Publications
After discussing the history of consumer credit in the United States, the current state of regulatory affairs surrounding consumer credit, and the future of consumer credit products with all of the participants, I began to wonder how this information might apply to...
by Jeremy Webster | Oct 23, 2017 | Mercatus Center Publications
The Consumer Financial Protection Bureau (CFPB) released a new rule focusing on alleged “debt traps” caused by payday loans. It is hard to know exactly what is in this 1,590-page rule, but it includes a “Full Payment Test” requiring lenders to “determine whether the...
by Jeremy Webster | Oct 12, 2017 | Mercatus Center Publications
Many Americans today live paycheck to paycheck and use credit to pay unexpected bills or to cover normal bills in the event of an unplanned income disruption. The availability of consumer credit is limited and shaped through ongoing legislative and regulatory action....
