How a Government-Sponsored Enterprise (GSE) Works.

A Government-Sponsored Enterprise (GSE) is a type of financial institution that is created by the government to promote a specific social or economic policy. The most well-known examples of GSEs are Fannie Mae and Freddie Mac, which were created to promote homeownership by providing financing to lenders who otherwise might not have access to the … Read more

What is a think tank?

In recent years it is increasingly common to hear about think tanks. These are interdisciplinary institutions, organizations, or expert groups that seek to study a particular topic (be it a political, economic, social, or scientific problem) and provide ideas or advice. Living up to its literal meaning in English ("thought tank"), think tanks have as … Read more