Washington Post is running a poll for the worst idea of the Aughts. It's a close race between the vaccine phobia (my vote if worst is defined by stupidity and idiocy), torture memos, housing bubble, prosperity gospel, and in first with 21%, compassionate conservatism.
Housing prices always rise Plenty of mistakes and delusions brought on our financial crisis, writes Greg Ip of the Economist, but none so much as the belief that housing prices can only go up.
[Hat tip: Mun!]