Michael J. Boskin

Wohlford Family Senior Fellow

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.

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Recent Commentary


The Problem With Politicians As Historians

by Michael J. Boskinvia Project Syndicate
Monday, June 20, 2016

“History doesn’t repeat itself, but it does rhyme,” quipped Mark Twain. For generations, political leaders have been lending credence to that observation, as they have attempted to shape their legacies, taking credit for what worked and blaming predecessors or political opponents for what failed.


Democratic Dissonance On The Economy

by Michael J. Boskinvia Wall Street Journal
Thursday, June 2, 2016

Obama claims credit for an economy that Clinton and, even more stridently, Sanders are blasting.


Should Britain Leave The EU?

by Michael J. Boskinvia Project Syndicate
Thursday, April 21, 2016

In this, the 400th year since William Shakespeare’s death, the United Kingdom faces an existential question: To be or not to be “European.” When Britons vote in June on whether to remain in the European Union, making the right choice will require them to cut through the hyperbole on both sides of the debate and consider carefully what so-called “Brexit” would really mean for their country.

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A World of Fresh Starts

by Michael J. Boskinvia Hoover Digest
Monday, April 18, 2016

How to foster growth and opportunity around the globe.


The US Election And The Global Economy

by Michael J. Boskinvia Project Syndicate
Thursday, February 25, 2016

Big changes are underway in the US, as the country gears up to elect a new president, one-third of the Senate, and the entire House of Representatives this November. The outcome will have profound consequences for US economic policy, and thus for the global economy.

Micheal J. Boskin
Analysis and Commentary

The Council Of Economic Advisers: 70 Years Of Advising The President

by Michael J. Boskinvia Brookings Institution
Thursday, February 11, 2016

Michael Boskin discusses the economy and economic theory at Brookings's “The Council of Economic Advisers: 70 years of advising the president."

Rice on America leading again

New Year’s Resolutions For The Global Economy

by Michael J. Boskinvia Project Syndicate
Monday, December 28, 2015

Over the past year, global growth has been anemic – and the forecast for the coming year is only slightly better. Clearly, world leaders need to take strong action to boost incomes and expand opportunities for their people.


The Case For The TPP

by Michael J. Boskinvia Project Syndicate
Thursday, October 29, 2015

Following the conclusion of the Trans-Pacific Partnership by 12 Pacific Rim countries, debates about the costs and benefits of trade liberalization are intensifying. The early leaders in the United States’ presidential campaign, both the Republican Donald Trump and the Democrat Hillary Clinton, have expressed opposition to the TPP, though as Secretary of State, Clinton called it the “the gold standard of trade deals.”

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Are the Good Times Over?

by Michael J. Boskinvia Hoover Digest
Friday, October 16, 2015

Don’t settle for a “new normal” of sluggish growth—not when information technology is just beginning to bloom.


What Should China Do?

by Michael J. Boskinvia Project Syndicate
Wednesday, August 26, 2015

The Chinese government’s heavy-handed efforts to contain recent stock-market volatility – the latest move prohibits short selling and sales by major shareholders – have seriously damaged its credibility. But China’s policy failures should come as no surprise. Policymakers there are far from the first to mismanage financial markets, currencies, and trade.


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).