Timothy Kane

Research Fellow
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Biography: 

Tim Kane is an economist and research fellow at the Hoover Institution at Stanford University. Previously, he was the chief economist at the Hudson Institute in Washington, DC. In addition to senior research roles at the Kauffman Foundation and the Heritage Foundation, Kane has served twice as a senior economist at the Joint Economic Committee of the US Congress.

Kane has published scholarly research on diverse topics, including job creation by start-ups, economic growth, US politics, foreign affairs, and national security. Dozens of media outlets have cited his research, including the Wall Street Journal, the Washington Post, and the New York Times. He has provided commentary for ABC, CBS, CNN, C-SPAN, FOX News, National Public Radio, WSJ Opinion Journal, and Bloomberg TV.

From 1995 to 2001, Kane cofounded multiple software firms in San Diego. His start-up enonymous.com received venture funding and was awarded “software start-up of the year” in 1999. Kane remains an active entrepreneur, investor, and mentor.

From 1990 to 1995, Kane served as an air force officer with two tours of duty overseas. He was stationed in Seoul, South Korea, and in Tokyo, Japan, and worked closely with allied forces in both countries.

In 2012, Kane authored Bleeding Talent (Palgrave MacMillan), about leadership in the US military that has been favorably reviewed by the New York Times, Joint Forces Quarterly, and National Review. He is working on a research project to expound on the idea of a total volunteer force for the US military.

Kane’s most recent book is Balance: The Economics of Great Powers from Ancient Rome to Modern America (Simon and Schuster), coauthored with Glenn Hubbard. Kane and Hubbard blog at http://www.balanceofeconomics.com.

Kane earned a PhD in economics from UC San Diego. He is also a graduate of the US Air Force Academy. He currently lives in Palo Alto, California, with his wife, Hiromi, and their children.

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Recent Commentary

Analysis and Commentary

No, Mr. Trump, NAFTA Was Not A ‘Bad Deal’

by Timothy Kanevia National Review
Thursday, May 5, 2016

History will note that on the eve of his victory as the presumptive presidential nominee of the Republican party, Donald Trump said something crazy. You might think it was his surprising and repeated assertion that his main rival’s father “was with Lee Harvey Oswald prior to” assassinating JFK. 

Analysis and Commentary

Piketty’s Crumbs

by Timothy Kanevia Commentary
Thursday, April 14, 2016

Inequality economists know the price of everything but understand the value of nothing.

Analysis and Commentary

Five Ways To Destroy The U.S. Economy

by R. Glenn Hubbard, Timothy Kanevia The Weekly Standard
Friday, April 8, 2016

Is a slow-growth future inevitable for America? More than ever, that’s the conclusion of economists, and it's a recurring theme of some presidential candidates. The irony is that the U.S. economy has been leading the world for a century in terms of total GDP, income per capita, and entrepreneurial innovation.

Analysis and Commentary

Why Valuation Economics Are Messing Up The Internet, Inequality, And Productivity Debates

by Timothy Kanevia Balance of Economics
Wednesday, March 23, 2016

How much is the Internet worth? How bad is income inequality in advanced economies? What is causing the productivity slowdown?

Featured

How A Trump Presidency Would Hurt American Incomes

by Timothy Kanevia The Federalist
Wednesday, March 2, 2016

Under President Trump, things you buy will get a lot more expensive, your paycheck will shrink, health care will decline, and jobs will be even harder to find.

Analysis and Commentary

It’s Time To End The Federal Minimum Wage

by Timothy Kanevia National Review
Thursday, February 18, 2016

Sweden has no minimum wage. Nor does Denmark. Nor Finland. Nor Italy. Nor Austria. Does its absence affect the unemployment rate? Yes, the average unemployment rate is about four percentage points lower in countries with no minimum-wage laws than in neighboring countries, according to data collected by professor Stephen Hanke of Johns Hopkins University.  

Analysis and Commentary

The Paradox Of Value

by Timothy Kanevia Balance of Economics
Thursday, February 11, 2016

After two centuries of development, economics still lacks a good understanding of how to value things. To be honest, I never realized the gaping hole in the field until recently, despite earning a Ph.D. in economics and teaching Econ 101 to hundreds of students over the years. Adam Smith mentions the “paradox of value” in the Wealth of Nations, but the idea was not original to him.

Analysis and Commentary

Ash Carter’s Speech: A Beginning, Not A Defeat, Of The Personnel Revolution.

by Timothy Kanevia Foreign Policy
Monday, November 23, 2015

[Subscription required] The reforms unveiled in the “Force of the Future” speech given by Secretary of Defense Ash Carter on November 18th fell short of what many reformers hoped. 

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