: One Billion Served -- A Sleeping Giant -- The Blizzard Was Coming -- Flesh and Blood -- Unchecked Power -- The Death Curve -- Last Month's Tuna Roll -- Lawyers, Meds, and Money -- Toothless -- "A Legal Fiction" -- The Breaking Point.

I document that the opioid epidemic causes mortgage defaults to rise in the United States, exploiting a plausibly exogenous adverse shock to the supply of prescription opioids (through abuse-deterrent reformulation of OxyContin). I present evidence that depressed local house prices, resulting...