"Sowell's latest book, The Housing Boom and Bust is an economic primer on the housing bubble, but more importantly, it is an examination of the ruling classes' inability to leave well enough alone."

American Spectator

"The Housing Boom and Bust is a withering attack on the popular notion that the housing market collapse was due to Wall Street greed and lax government regulation. Rather, it was constant political meddling— in regulations restricting land use and pressures on Fannie Mae and Freddie Mac to reduce loan standards— that Sowell contends created the crisis."

Investor's Business Daily

"Sowell explains how 'creative' financing of home mortgages, and the even more 'creative' marketing of financial securites based on American mortgages to countries around the world, built up a financial house of cards that was inevitably destined to fail."

Human Events