Arnold Kling

Senior Affiliated Scholar

Arnold Kling is a Senior Affiliated Scholar at the Mercatus Center at George Mason University. He specializes in housing-finance policy, financial institutions, macroeconomics, and the inside workings of America’s federal financial institutions. He also is an adjunct scholar at the Cato Institute in Washington, DC.

Kling has testified before Congress on the collapse of Fannie Mae and Freddie Mac and has authored five books, including Crisis of Abundance: Rethinking How We Pay for Health Care and Invisible Wealth. He has published articles in the Economist, the Wall Street Journal, the New York Times, the Atlantic, and Forbes, among others, and he blogs at

Previously, Kling served as a senior economist at Freddie Mac and a staff economist on the Board of Governors of the Federal Reserve System. He started Homefair, one of the first commercial websites on the Internet. He also has taught economics and statistics at Berman Hebrew Academy in Rockville, MD, and the Economics for the Citizen course at George Mason University. 

Kling received his PhD in economics from the Massachusetts Institute of Technology.

Marginal cost > marginal benefit; no content produced in this category.