by John H. Cochrane via Wall Street Journal
Bank of America
interview with Stephen Habervia Wall Street Journal Live
Euro with a life saver
by Michael J. Boskinvia Project Syndicate
Economic Crisis
by John B. Taylorvia Wall Street Journal
Tax cuts and reforms
interview with Edward Paul Lazearvia Bloomberg Television
Marriner S. Eccles Federal Reserve Board Building
by John B. Taylorvia Economics One

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Fellows

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2014’s Most and Least Educated Cities

featuring Lee Ohanianvia wallethub.com
Wednesday, September 17, 2014

Call them what you will: the cream of the crop, the best and brightest, the intellectual elite. But it’s official; the college-educated third of Americans are society’s new upper crust. Research has shown that skilled workers who are also degree holders tend to pump the most money into their local economies over time.

Retirement
Blogs

Vanguard's Strange Assumption

by David R. Hendersonvia EconLog
Tuesday, September 16, 2014

I'm a big fan of Vanguard. All of my IRA-type assets are in Vanguard funds. And when I mistakenly claimed in a Wall Street Journal that John (Jack) Bogle, who started Vanguard, had learned from work by Eugene Fama, Bogle was very nice in the way he corrected me and then, when I acknowledged my mistake, wrote the following nice letter to me:

Interviews

Stephen Haber on the John Batchelor Show (20:08)

interview with Stephen Habervia John Batchelor Show
Tuesday, September 16, 2014

Senior Fellow Stephen Haber discusses the close relationship between the Federal Reserve, US Treasury, and the banks on the John Batchelor Show.

taxes
Blogs

How to Live in High-Tax Sweden Almost Tax-Free

by Alvin Rabushkavia Thoughtful Ideas
Monday, September 15, 2014

This post is directed largely at American men aged 50-65 who were enthralled with NBC’s summer 2014 hit mini-series “Welcome to Sweden.”

Blogs

My 1983 CEA Memo on the Ban on Alaskan Oil Exports

by David R. Hendersonvia EconLog
Monday, September 15, 2014

Last week, I posted here and here about Larry Summers's excellent talk in which he advocated removing the ban on U.S. oil exports. I then remembered that when I was the Senior Economist for Energy Policy with President Reagan's Council of Economic Advisers, I had written a memo on the issue of relaxing the constraint on exporting Alaskan oil.

Featured Commentary

Cash for Clunkers Clunked

by David Davenportvia townhall.com
Monday, September 15, 2014

You may recall the famous Cash for Clunkers program in 2009 that attempted to stimulate the economy by giving government rebates to people who bought used cars.  The program cost taxpayers $3 billion and was widely criticized for merely accelerating decisions to buy cars, rather than producing additional sales.

Interviews

Hoover fellow Kevin Warsh discusses strategy for economic growth

interview with Kevin M. Warshvia Sunday Morning Futures (Fox News)
Sunday, September 14, 2014

Former Federal Reserve Board of Governors member lays out plan for economic growth.

taxes
Blogs

Swedes Vote for Higher Taxes, More Government Spending

by Alvin Rabushkavia Thoughtful Ideas
Sunday, September 14, 2014

On September 14, 2014, Swedes voted to replace their center-right government led by Prime Minister Fredrik Reinfeldt with a center-left government led by union leader Stefan Loefven.

Federal Reserve
Other Media

The Outlook: Fed Sizes Up Alternate Rate-Hike Paths

quoting Robert E. Hallvia Wall Street Journal
Sunday, September 14, 2014

While investors wager on when the Federal Reserve will start raising short-term interest rates, a more complicated debate is taking place inside the central bank about the path of future rate increases.

Crowd at New York's American Union Bank during a bank run early in the Great Depression.
Other Media

Stanford, UC Berkeley Professors: Fed Is Too Tight With Banks it Regulates

quoting Stephen Habervia NewsMax
Friday, September 12, 2014

Political independence represented an important principle in the 1914 founding of the Federal Reserve. 

"The problem [now] is that while the Fed is largely independent of politicians, it is intimately connected, and even answerable, to the financial institutions that it is supposed to regulate," Stephen Haber, a political science professor at Stanford, and Ross Levine, a business professor at the University of California, Berkeley, write in The Wall Street Journal

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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

Policy Seminar on the economic situation in Europe