Michael J. Boskin

Senior Fellow

Michael J. Boskin is a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University. He is also a research associate at the National Bureau of Economic Research. In addition, he advises governments and businesses globally.

Boskin served as chairman of the President's Council of Economic Advisers (CEA) from 1989 to 1993. The Independent Council for Excellence in Government rated his CEA as one of the five most respected agencies (out of one hundred) in the federal government. He chaired the highly influential blue-ribbon Commission on Consumer Price Index, whose report has transformed the way government statistical agencies around the world measure inflation, GDP, and productivity.

Boskin serves on several corporate and philanthropic boards of directors, including Exxon Mobil Corporation and Oracle Corporation.

In addition to Stanford and the University of California, Boskin has taught at Harvard and Yale. He is the author of more than one hundred and fifty books and articles. He is internationally recognized for his research on world economic growth, tax and budget theory and policy, US saving and consumption patterns, and the implications of changing technology and demography on capital, labor, and product markets. His op-eds appear regularly in the Wall Street Journal and other leading newspapers. He also writes a bimonthly column on global economics syndicated in 145 countries.

Boskin has received numerous professional awards and citations, including Stanford's Distinguished Teaching Award in 1988, the National Association of Business Economists' Abramson Award for outstanding research and its Distinguished Fellow Award, the Medal of the President of the Italian Republic in 1991 for his contributions to global economic understanding, and the 1998 Adam Smith Prize for outstanding contributions to economics.

Boskin received his BA with highest honors and the Chancellor's Award as outstanding undergraduate in 1967 from the University of California at Berkeley, where he also received his MA in 1968 and his PhD in 1971.

His research papers are available at the Hoover Institution Archives.

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Recent Commentary

Featured Commentary

A Five-Step Plan For European Prosperity

by Michael J. Boskinvia Project Syndicate
Wednesday, February 25, 2015
Though the Greek crisis has been placed on pause, the economic situation in Europe remains bleak. Eurozone growth is up slightly from its near-recession levels of a few months ago, but projections by the International Monetary Fund for 2015 and 2016 barely exceed 1%.
Featured Commentary

California Dreamin’ Of A Legacy

by Michael J. Boskinvia Wall Street Journal
Sunday, February 8, 2015

Jerry Brown’s popularity isn’t in doubt, but his fiscal record is. He still has time to put the state on solid footing.

Featured Commentary

The Next Trade Breakthroughs

by Michael J. Boskinvia Project Syndicate
Tuesday, November 18, 2014

STANFORD – Economic news is grim all around the world. This year’s output growth has been disappointing, and the International Monetary Fund expects only a slight improvement in 2015.

Featured Commentary

Avoiding the Global Slowdown Blues

by Michael J. Boskinvia Wall Street Journal
Monday, October 27, 2014

Despite jitters about where the U.S. is headed, there are specific steps we can take to ensure even stronger growth.

The Foundation Crumbles

by Michael J. Boskinvia Hoover Digest
Tuesday, October 21, 2014

Rising taxes and the unrestrained growth in entitlements are eating away at the very foundation of our economy: property rights.

The Berlin Wall
Featured Commentary

Policy “Crimes”

by Michael J. Boskinvia Project Syndicate
Wednesday, September 24, 2014

STANFORD – When the Berlin Wall fell a quarter-century ago this November, pundits led by Francis Fukuyama proclaimed the end of history – the triumph of democratic capitalism over all rival systems. America’s economic success and the collapse of communism fed the narrative. The long political, intellectual, and, at times, military confrontation that we knew as the Cold War was over.

Euro with a life saver
Featured Commentary

Europe’s Options

by Michael J. Boskinvia Project Syndicate
Tuesday, July 22, 2014

Many Europeans have come to believe that they have weathered the economic and financial storm. In the last two years, deficits and debt have stabilized. Yields on the sovereign debt of the eurozone periphery’s weak economies have fallen sharply. Portugal and Ireland have exited their bailout programs. Talk of Greece leaving the euro has subsided.

Featured Commentary

How Washington Whittles Away Property Rights

by Michael J. Boskinvia Wall Street Journal
Wednesday, July 16, 2014

Property rights and the rule of law are essential foundations for a vibrant economy. When they are threatened, or uncertain, the result is inefficiency, rent-seeking, a larger underground economy and capital flight.

The Courage of His Intuition

by Michael J. Boskinvia Hoover Digest
Wednesday, July 9, 2014

A scholar whose penetrating questions led economists and social scientists where many had feared to tread.


Special: Boskin, Lazear, and Roberts remember Gary Becker on the John Batchelor Show

by Edward Paul Lazear, Michael J. Boskin, Russell Robertsvia John Batchelor Show
Wednesday, May 7, 2014

In conjunction with a special live taping of the John Batchelor Show at the Hoover Spring Retreat, John Batchelor and Mary Kissel of the Wall Street Journal host Hoover senior fellows Michael Boskin and Edward Lazear, Hoover research fellow Russell Roberts, and CNBC’s Larry Kudlow in a special episode remembering Hoover senior fellow Gary Becker.