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

Medicine For What Ails Europe

by Michael J. Boskinvia Hoover Digest
Friday, June 19, 2015

Five steps toward restoring economic sanity in the eurozone.

Analysis and Commentary

The Bloom Is Off The BRICS

by Michael J. Boskinvia Project Syndicate
Wednesday, June 17, 2015

A few years ago, pundits and policymakers were predicting that the BRICS countries – Brazil, Russia, India, China, and South Africa – would be the new engines of global growth. Naive extrapolation of rapid growth led many people to imagine an ever-brighter future for these economies – and, thanks to them, for the rest of the world as well.

Analysis and Commentary

Are The Good Times Over?

by Michael J. Boskinvia Project Syndicate
Monday, April 27, 2015

In the 25 years before the Great Recession of 2008-2009, the United States experienced two brief, mild recessions and two strong, long expansions. Globally, incomes grew briskly; inflation abated; and stock markets boomed.This time, however, the return to growth has been much more difficult.

Michael Boskin
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What Will Determine Our Economic Future?

by Michael J. Boskinvia Fellow Talks
Monday, April 20, 2015

Michael J. Boskin, a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University, discusses the big-picture items that will determine the United States’ economic future. 

Brown Should Go All-In

by Michael J. Boskinvia Hoover Digest
Monday, April 20, 2015

He’s popular and California is (temporarily) solvent. This is the moment for Jerry Brown to put California into the black.

Analysis and Commentary

A Five-Step Plan For European Prosperity

by Michael J. Boskinvia Project Syndicate
Wednesday, February 25, 2015
Though the Greek crisis has been placed on pause, the economic situation in Europe remains bleak. Eurozone growth is up slightly from its near-recession levels of a few months ago, but projections by the International Monetary Fund for 2015 and 2016 barely exceed 1%.
Analysis and Commentary

California Dreamin’ Of A Legacy

by Michael J. Boskinvia Wall Street Journal
Sunday, February 8, 2015

Jerry Brown’s popularity isn’t in doubt, but his fiscal record is. He still has time to put the state on solid footing.

Analysis and Commentary

The Next Trade Breakthroughs

by Michael J. Boskinvia Project Syndicate
Tuesday, November 18, 2014

STANFORD – Economic news is grim all around the world. This year’s output growth has been disappointing, and the International Monetary Fund expects only a slight improvement in 2015.

Analysis and Commentary

Avoiding the Global Slowdown Blues

by Michael J. Boskinvia Wall Street Journal
Monday, October 27, 2014

Despite jitters about where the U.S. is headed, there are specific steps we can take to ensure even stronger growth.

The Foundation Crumbles

by Michael J. Boskinvia Hoover Digest
Tuesday, October 21, 2014

Rising taxes and the unrestrained growth in entitlements are eating away at the very foundation of our economy: property rights.


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).