Hoover Interviews from the Economic Policy Working Group

Here is a collection of interviews featuring fellows from the Economic Policy Working Group.

Edward Nelson On Milton Friedman’s Economic Debates In The United States

On February 10, 2021, Edward Nelson, an economist for the US Federal Reserve Board, discusses his new two-volume work, Milton Friedman and Economic Debate in the United States, 1932–1972. In it, Nelson describes the evolution of the late senior fellow Milton Friedman’s beliefs about the role of monetary policy in the US economy. Friedman advocated for its role in supporting income growth and preventing high rates of inflation, especially in arguments against contemporaries who favored government regulation and controls on prices and wages as a means of stabilizing the economy. In addition, Nelson explains the history of Friedman’s relationship with the late distinguished fellow George P. Shultz, particularly when the latter worked in the Nixon administration in a series of economic posts. The two would work together on establishing flexible exchange rates following the collapse of the Bretton Woods system in 1971.


John B. Taylor And John H. Cochrane On Strategies For Monetary Policy

In this interview, John B. Taylor and John H. Cochrane discuss Strategies for Monetary Policy, a compilation of essays drawn from the 2019 Monetary Policy Conference at the Hoover Institution. The two senior Hoover economists also talk about current monetary policy in the context of the COVID-19 crisis, and the tools the central bank should use in order to help stimulate and stabilize the American economy.


George P. Shultz And John B. Taylor On Economic Policy Lessons For Now And The Future

In this interview, Distinguished Fellow George P. Shultz and Senior Fellow John B. Taylor, discuss their newly released book from Hoover Institution Press, Choose Economic Freedom: Enduring Policy Lessons from the 1970s and 1980s. The two Hoover economists discussed the economic choices facing policy makers today based on their experiences at the highest levels of policy making in the White House; the reasons behind the Nixon administration’s decision to impose national limits on wages and prices in the 1970s; and how the Reagan administration changed course and adopted free-market-oriented policies in the 1980s.


Great Decisions: America in the World: Session 3: Tsars, Trade, and T-Cells

On, December 10, 2020, the Hoover Institution hosted Great Decisions: America in the World on November 16, November 18, and December 10, 2020. The focus of the discussion was "Tsars, Trade, and T-Cells." The session featured Michael McFaul, Lucy Shapiro and John B. Taylor with Michael Auslin as moderator.

About the Hoover Institution 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.