Broad masses …more readily fall victims to the big lie than the small lie… they would not believe that others could have the impudence to distort the truth so infamously. ….For the grossly impudent lie always leaves traces behind it, even after it has been nailed down, a fact which is known to all expert liars in this world and to all who conspire together in the art of lying.

Blair Fix at _Economics from the Top Down_ also wrote two very good papers on the converion of housing into…