Videos
Can Central Banks Rescue Us From High Interest Rates And Rising Debt?
Raghuram Rajan joins Steve Davis at Jackson Hole to offer his take on Kevin Warsh’s speech and Scott Bessent’s recent bond market interventions.
September 9, 2026
John Cochrane is the Rose-Marie and Jack Anderson Senior Fellow in Economics at the Hoover Institution and the author of a new book, The Fiscal Theory of the Price Level. In this wide-ranging conversation, Cochrane discusses the root causes of inflation, what we can (and can’t) do about it, the economists who influenced his thinking, and how his father inspired him to become an academic.
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Darrell Duffie Optimistic On Integration Of Tokenized Finance Into Mainstream Financial Markets
Hoover Institution fellow Darrell Duffie talks about the integration of tokenized finance into mainstream financial markets and notes that key tokenized innovation lies in the ability to make payments around clock, a feature that traditional banking systems do not do.
September 4, 2026
Articles
More On Lower Rates
This follows up my last post on lowering rates to lower inflation. As before, suppose you accept the neutral and stable long run of new Keynesian economics, so lower rates will eventually bring down inflation (fiscal policy held constant!), but there is a contrary movement in the short run.
September 4, 2026