Michael J. Boskin

Wohlford Family Senior Fellow
Biography: 

Michael J. Boskin is the Wohlford Family Senior Fellow at the Hoover Institution and the Tully M. Friedman Professor of Economics at Stanford.  He is also Research Associate, National Bureau of Economic Research.  In addition, he advises governments and businesses globally.

He served as Chairman of the President’s Council of Economic Advisers (CEA) from 1989 to 1993, when he helped resolve the Third World Debt and Saving and Loan financial crises, and place the first effective controls on government spending while protecting the defense budget.  His CEA was rated by the Council for Excellence in Government as one of the five most respected agencies in the federal government.  Earlier, on Presidential Candidate Reagan’s Tax Policy Task Force, he helped develop the policies that substantially lowered marginal tax rates, indexed tax brackets for inflation, accelerated depreciation, and created IRAs and 401ks, the economic rationale for which was predicated on his research on the effects of taxes on saving.  He later chaired the highly influential blue-ribbon Commission on the Consumer Price Index, whose report has transformed the way government statistical agencies around the world measure inflation, GDP and productivity. 

Boskin serves on several corporate and philanthropic boards of directors, including Exxon Mobil Corporation and Oracle Corporation.

In addition to Stanford and the University of California, Boskin has taught at Harvard and Yale. He is the author of more than one hundred and fifty books and articles. He is internationally recognized for his research on world economic growth, tax and budget theory and policy, US saving and consumption patterns, and the implications of changing technology and demography on capital, labor, and product markets. His op-eds appear regularly in the Wall Street Journal and other leading newspapers. He also writes a bimonthly column on global economics syndicated in 145 countries.

Boskin has received numerous professional awards and citations, including Stanford's Distinguished Teaching Award in 1988, the National Association of Business Economists' Abramson Award for outstanding research and its Distinguished Fellow Award, the Medal of the President of the Italian Republic in 1991 for his contributions to global economic understanding, and the 1998 Adam Smith Prize for outstanding contributions to economics.

Boskin received his BA with highest honors and the Chancellor's Award as outstanding undergraduate in 1967 from the University of California at Berkeley, where he also received his MA in 1968 and his PhD in 1971.

His research papers are available at the Hoover Institution Archives or his personal website.

Filter By:

Topic

Type

Recent Commentary

Analysis and CommentaryBlank Section (Placeholder)

Voters vs. the Welfare State

by Michael J. Boskinvia Project Syndicate
Tuesday, May 24, 2011

Only time will tell if recent elections in the UK, the US, and Canada, together with next year's presidential election in France, signal a retreat from the growth of the welfare state or just a temporary respite...

Hold the High Ground

by Michael J. Boskinvia Hoover Digest
Tuesday, March 29, 2011

In Washington, many are struggling to control spending and cut taxes. History is on their side. By Michael J. Boskin.

Analysis and CommentaryBlank Section (Placeholder)

The Time for Spending Cuts Is Now

by Michael J. Boskinvia Wall Street Journal
Friday, February 11, 2011

The White House argues that 'draconian' cuts will derail the economy. In fact, cuts are necessary to preserve tax rates that are compatible with economic growth...

Analysis and Commentary

A Tale of Two Currency Areas

by Michael J. Boskinvia Project Syndicate
Monday, January 24, 2011

They are also two single-currency areas: the dollar and, for much of Europe, the euro. The challenges facing both are monumental...

Fiscal Sanity illustration

An End to the Quick Fixes

by George P. Shultz, Michael J. Boskin, John F. Cogan, Allan H. Meltzer, John B. Taylorvia Hoover Digest
Wednesday, January 12, 2011

Our return to prosperity depends on permanent tax cuts, predictable policies, and sane deficits. By George P. Shultz, Michael J. Boskin, John F. Cogan, Allan Meltzer, and John B. Taylor.

Double Dips...or More

by Michael J. Boskinvia Hoover Digest
Wednesday, January 12, 2011

Economic recovery often means multiple ups and downs. Harmful short-term policies only make the ride worse. By Michael J. Boskin.

Analysis and CommentaryBlank Section (Placeholder)

Why the Spending Stimulus Failed

by Michael J. Boskinvia Wall Street Journal
Wednesday, December 1, 2010

New economic research shows why lower tax rates do far more to spur growth...

The Economic Consequences of America’s Elections

by Michael J. Boskinvia Advancing a Free Society
Thursday, November 18, 2010

November’s mid-term elections were a sharp rebuke to the vast expansion of government spending, deficits, and debt in the United States.

Analysis and Commentary

The Economic Consequences of America’s Elections

by Michael J. Boskinvia Project Syndicate
Tuesday, November 16, 2010

November’s mid-term elections were a sharp rebuke to the vast expansion of government spending, deficits, and debt in the United States...

Pages

Please note:

Michael Boskin has been the subject of recent attempted identity theft and hacking.  If you receive an email communication from him that seems unusual or unexpected, please verify the correspondence by contacting his office officeofmichaelboskin [at] gmail.com (subject: Hoover.org%20Boskin%20Profile%20Request) (here).