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Analysis and Commentary

Hassett's Numbers Are Plausible

by David R. Hendersonvia EconLog
Thursday, October 19, 2017

"In the long run, all of the factor owners' loss from a capital income tax is a loss to labor. Therefore, in the long run, capital-income tax revenue is a LOWER BOUND on labor's loss. Furman and Summers have it backwards." This is from Casey Mulligan, "Furman and Summers revoke Summers' academic work on investment," October 18, 2017.

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The Libertarian: Trump's Health Care Triumph

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Thursday, October 19, 2017

The president's executive order points to a productive way forward on health policy.

Federal Reserve

The Fed Chief America Needs

by George P. Shultz, John F. Coganvia Wall Street Journal
Wednesday, October 18, 2017

The president should pick someone who understands that the economy can grow more than 2% a year.

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Area 45: Of Patents, Trump, And Trolls Featuring Stephen Haber

interview with Stephen Habervia Area 45
Tuesday, October 17, 2017

How the Trump administration can shield and spur American innovation.

Tax cuts and reforms

How To Make A Good Tax-Reform Plan Even Better

by Edward Paul Lazearvia Wall Street Journal
Monday, October 16, 2017
The GOP framework would boost growth and help the middle class—even more with one simple tweak.

Policy Seminar with Robert Kaplan

Tuesday, October 10, 2017
George Shultz Conference Room, Herbert Hoover Memorial Building

Robert Kaplan, President and CEO of the Federal Reserve Bank of Dallas, discussed “Current Economic Conditions and the Impacts of Monetary Policy.” 


Nafta Needs An Update, Not Repeal

by George P. Shultz, Pedro Aspevia The New York Times
Sunday, October 15, 2017

Canada, Mexico and the United States belong to a North American neighborhood, and all three countries benefit from being strong and prosperous.

In the News

The Barriers Stopping Poor People From Moving To Better Jobs

quoting Lee Ohanianvia The Atlantic
Thursday, October 12, 2017

Highly educated people still relocate for work, but exorbitant housing costs in the best-paying cities make it difficult for anyone else to do so.

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The Libertarian: The Trump Tax Plan

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Wednesday, October 11, 2017

Analyzing the pros and cons of the White House's efforts to kickstart economic growth.

US Economy
Analysis and Commentary

This Year’s Nobel Economist Makes Sense Of Irrationality

by David R. Hendersonvia Wall Street Journal
Monday, October 9, 2017

Richard Thaler has challenged the standard assumption that people act in their best interests.


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