John Barrdear at the Bank of England just posted an interesting paper, Towards a New Keynesian theory of the price level. Like Garcia Schmidt and Woodford, it changes the information structure of the standard model to avoid the standard model's problems.
This blog entry is a response to “Boosting Educational Attainment and Adult Earnings,” by C. Kirabo Jackson, Rucker C. Johnson and Claudia Persico, which was published in the Fall 2015 issue of Education Next.
Many of my libertarian and conservative allies have attacked Donald Trump viciously. Some comment on his hair style, others comment on the self-promotion aspect of his speaking style.
A few months ago, I wrote a post about a drone that can fire a paintball gun with great accuracy. I concluded, "If this is what's doable by hobbyists today, think about what will be possible five, ten, or 20 years from now."
The purpose of this article is to explore several fundamental propositions that underlie my recent book manuscript, A World History of Genocide, which I hope will appear before the end of the year with Oxford University Press.
Michael Walzer’s name is associated with the summons to undertake social criticism that is engaged: that is, rooted in actual circumstances; cognizant of real people’s wants, needs, and desires; and respectful of the diversity of beliefs, practices, and forms of association by which groups of men and women organize their moral, political, and spiritual lives.
This is part two of my analysis of instruction and Common Core’s implementation. I dubbed the three-part examination of instruction “The Good, The Bad, and the Ugly.”
The Hoover Institution’s Conte Initiative on Immigration Reform conducts a quarterly survey of leading thinkers. Survey Respondents were asked what they would tweet when placed 'at the intersection of immigration policy and national security, what is the one policy or law that you recommend doing (or undoing)?'
Governor Jeb Bush, the 43rd Governor of Florida, joined Hoover fellows and other economists for an economic roundtable at the Hoover Institution on Thursday, July 16. The Governor outlined his economic vision, which was followed by a thoughtful exchange discussing ideas and policies to achieve strong job and economic growth in the United States.
Hoover Institution fellow John Cochrane examines what we learned from this week's Capitol Hill testimony from Federal Reserve Chair Janet Yellen. He speaks on "Market Makers."
China’s stock market has crashed. A Greek default is certain. The euro looks shaky. U.S. economic data is weak. Inflation is below target. So why on Earth is the Federal Reserve on course to raise interest rates, a move usually designed to slow an overheating economy?
Congressional staffers will travel to Silicon Valley to study cyber risks during the August recess in a cybersecurity "boot camp" at Stanford University – a relatively new program that organizers hope to expand in future years to include judges, reporters and administration officials.
Senate-passed legislation intended to improve the Pentagon’s troubled acquisition system may end up having the opposite effect, according to a growing number of experts.
A Chinese company’s reported interest in buying U.S. chip maker Micron Technology Inc. for $23 billion could face the same opposition that derailed a Chinese takeover of an American oil company a decade ago.
