John F. Cogan

Leonard and Shirley Ely Senior Fellow
Awards and Honors:
Biography: 

John F. Cogan is the Leonard and Shirley Ely Senior Fellow at the Hoover Institution and a faculty member in the Public Policy Program at Stanford University.

John Cogan’s research is focused on U.S. budget and fiscal policy, federal entitlement programs, and health care.  He has published widely in professional journals in both economics and political science.  His latest book, The High Cost of Good Intentions (2017) is the recipient of the 2018 Hayek Prize.  The book traces the history of U.S. federal entitlement programs from the Revolutionary War to modern times.  His previous books include Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System, coauthored with Glenn Hubbard and Daniel Kessler, and The Budget Puzzle, (with Timothy Muris and Allen Schick).

At Stanford, he has served on faculty advisory boards for the Stanford-in-Washington campus and the Stanford Institute for Economic Policy Research. He is a recipient of the Stanford-in-Government's Distinguished Service Award.

Cogan has devoted a considerable part of his career to public service. He served under President Ronald Reagan as assistant secretary for policy in the U.S. Department of Labor from 1981 to 1983, as associate director in the U.S. Office of Management and Budget (OMB) from 1983 to 1985, and as Deputy (OMB) Director in 1988-89.  His responsibilities included developing and reviewing Reagan Administration policies in the areas of health care, Social Security, disability, welfare, and employment training.

Cogan has served on numerous congressional, presidential, and California state advisory commissions. At the federal level, he has served on President George W. Bush's Commission to Strengthen Social Security, the U.S. Bipartisan Commission on Health Care (the Pepper Commission), the Social Security Notch Commission, and the National Academy of Sciences' Panel on Poverty and Family Assistance. He has also served on the California State Commission on the 21st Century Economy and the California Public Employee Post-Employment Benefits Commission.  

Cogan is a member of the Board of Directors of Gilead Sciences where he is the Lead Independent Director and a member of the board of trustees of the Charles Schwab Family of Funds where he is Chairman of the Governance Committee.

Cogan received his A.B. in 1969 and his Ph.D. in 1976 from the University of California at Los Angeles, both in economics.  He received his M.A. in Economics from California State University at Long Beach in 1970.  He was an associate economist at the RAND Corporation from 1975 to 1980. In 1979, Cogan was appointed a national fellow at the Hoover Institution; in 1980 he was appointed a senior research fellow; and in 1984 he became a senior fellow.

Filter By:

Topic

Type

Recent Commentary

Blank Section (Placeholder)

How to Fend Off Collapse

by Michael J. Boskin, John H. Cochrane , John F. Cogan, George P. Shultz, John B. Taylorvia Hoover Digest
Monday, July 9, 2018

The federal budget’s chilling forecast: annual deficits of a trillion dollars or more.

IntellectionsFeatured

Keeping Health Insurance Affordable

by John F. Coganvia PolicyEd
Thursday, April 26, 2018

Preventing insurers from pricing premiums based on risk unintentionally increases costs for everyone else in the marketplace. When healthy people refuse to purchase health insurance due to higher costs, it causes insurers to raise prices even further, further disrupting those who are left in the market.

IntellectionsFeatured

Falling Short: Social Security, Medicare, And Payroll Taxes

by John F. Coganvia PolicyEd
Tuesday, April 10, 2018

Many people believe Social Security and Medicare are fully funded by payroll taxes. In reality, both programs are increasingly relying on regular tax revenue and ultimately more federal debt to stay afloat. Unless both programs are put on sustainable fiscal path, their ongoing expansion will crowd out all other government spending.

Featured

A Debt Crisis Is On The Horizon

by Michael J. Boskin, John H. Cochrane , John F. Cogan, George P. Shultz, John B. Taylorvia The Washington Post
Tuesday, March 27, 2018

We live in a time of extraordinary promise. Breakthroughs in artificial intelligence, 3D manufacturing, medical science and other areas have the potential to dramatically raise living standards in coming decades. But a major obstacle stands squarely in the way of this promise: high and sharply rising government debt.

Law, Healthcare, and Finance
Featured

Why America Is Going Broke

by John F. Coganvia Wall Street Journal
Wednesday, February 21, 2018

Entitlements are driving deficits and debt. Absent reform, the problem will soon become a crisis.

Featured

How Tax Reform Will Lift The Economy

by Michael J. Boskin, John F. Cogan, George P. Shultz, John B. Taylorvia The Wall Street Journal
Sunday, November 26, 2017

 [Subscription required] We believe the Republican bills could boost GDP 3% to 4% long term by reducing the cost of capital.

Uncommon Knowledge new logo 1400 x 1400
Blank Section (Placeholder)

The High Cost of Good Intentions Featuring John Cogan

interview with John F. Coganvia Uncommon Knowledge
Thursday, November 16, 2017

AUDIO ONLY

The Need for Entitlement Reform.

Blank Section (Placeholder)Featured

The High Cost Of Good Intentions Featuring John Cogan

interview with John F. Coganvia Uncommon Knowledge
Thursday, November 16, 2017

The Need for Entitlement Reform

Blank Section (Placeholder)

Time to Get Growing

by John F. Cogan, R. Glenn Hubbard, John B. Taylor, Kevin Warshvia Hoover Digest
Monday, October 23, 2017

Weak economic performance is not inevitable. 

Federal Reserve
Featured

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.

Pages