Filter By:




Research Team

Use comma-separated ID numbers for each author

The Federal Funds Target

by David R. Henderson
Sunday, November 29, 2015

When I posted last week about monetary economist Bill Poole's incorrect claim that the Fed Reserve sets the Federal Funds rate, a number of commenters objected that my claim was trivial. Most argued that Poole's usage was close enough to being correct because the Fed can so accurately hit its target.

Economics Abstract
Analysis and Commentary

A Wise Comment

by John H. Cochrane via Grumpy Economist
Saturday, November 28, 2015

Scott Sumner passes on a wise comment from his blog: ...the main problem in America is that the public, including its highly educated members, is social-scientifically ignorant.

Edward Paul Lazear
In the News

The West Makes Little Hoary Company

quoting Edward Paul Lazearvia Il Foglio
Saturday, November 28, 2015

From the Wall Street Journal: Stanford economist Edward Lazear discusses the demographic bomb and entrepreneurship.

Analysis and Commentary

Hounded Out Of Business II

by John H. Cochrane via Grumpy Economist
Saturday, November 28, 2015

Nathaniel Popper at the New York Times Dealbook, writes "Dream of New Kind of Credit Union Is Extinguished by Bureaucracy" It's a worthy addition to the series of anecdotes on how regulation, especially discretionary actions of regulators, are killing investment and businesses.


by David R. Henderson
Friday, November 27, 2015

In my Executive MBA economics class a little over a week ago, I presented the following definition of a negative externality: A cost borne by someone who is not party to the decision that caused the cost.


Maverick Economist

by Barry R. Weingastfeaturing Douglass C. Northvia Indian Express
Friday, November 27, 2015

Douglass North emphasized institutions at a time when markets were the focus.


Economic Policy Working Group

The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple