Andy Atkeson, Lee Ohanian and Bill Simon recently published a nicely-reasoned article about why the US economy can acheive 4% growth. They argue that with the right policies there is “far more room for the economy to rebound today than after previous recessions” because the recovery from the 2007-2009 recession has been so slow (“virtually non-existent”).
Several people (including Senator Cruz, Eugene Kontorovich, Mike Pompeo and David Rivkin, and a majority of the members of the House of Representatives) have argued that the Iran Review Act bars the President from lifting U.S. sanctions against Iran. This argument is stronger than I first thought.
I ran across a little gem by Tom Sargent, "The Evolution of Monetary Policy Rules." Alas, it's gated in the JEDC so you'll need a university IP address to read it, and I haven't found a free copy. It's a transcript of a talk, so doesn't have Tom's usual prose polish, but insightful nonetheless.
Ever wonder what goes on behind the scenes at a Broadway show? This week's EconTalk lifts the curtain on the magical world of Broadway: Mitch Weiss, co-author of The Business of Broadway, talks with EconTalk host Russ Roberts about his book and what it's like to manage the production of a blockbuster musical in New York City.
by Joshua D. Rauh, Xavier Giroudvia National Burea of Economic Research
Monday, September 14, 2015
In a sample of over 27 million establishments of U.S. firms with activities in more than one state, we estimate the impact of state business taxation on business activity. Only firms organized as subchapter C corporations are subject to the corporate tax code, whereas the income of partnerships, sole-proprietorships, and S corporations is passed through annually to the firm's owners and taxed at individual rates.
Presidential campaigns can be hesitant to put out policy proposals because these ideas are easily caricatured and attacked by political opponents. So, it takes some real courage to put plans in front of the electorate.
From September 1972 to March 1973 – the same time Hillary Clinton was attending Yale Law and the only servers she knew were the ones ladling out grub at the school cafeteria – CBS ran a situation comedy called Bridget Loves Bernie.
One argument made by many opponents of substantially increasing immigration--and it is one of the few that I have found somewhat persuasive--is that immigrants do not understand the value of economic freedom and will vote away the economic system that made this country such an attractive place to move to.
One of the biggest debates raging in education policy today is whether schools of choice are serving their fair share of the hardest-to-educate students or abandoning them to traditional public schools.
"Americans Swore They Would 'Never Forget 9-11.' But College Students Asked Why It Happened Have No Idea." So reads the caption on a YouTube video put out by the Young America's Foundation. The interviewer questioned students on the campus of George Mason University.
Donald Trump reveals that he doesn’t know the names of the heads of the world’s biggest terrorist organizations. Shane asks whether that disqualifies him to be commander-in-chief. Turns out killing Anwar Al-Alawki was an “easy” decision for President Obama.
On 30 July, the Central Committee announced that General Guo Boxiong, who served as vice-chairman of the Central Military Commission between 2002 and 2012, was expelled from the Chinese Communist Party and handed over to prosecutors for accepting bribes.
Last Friday, I posted the first video in a series of five called "Love Gov." Today I watched the second and it's as good as, if not better than, the first.
I spent a day and half this week at the Pentagon at a remarkable symposium on so-called "hybrid conflicts" organized by the office of the legal adviser to the Joint Chiefs of Staff.
Hoover Institution fellow Victor Davis Hanson discusses his National Review Online piece, “Is the West Dead Yet?,” on Secure Freedom Radio with Frank Gaffney.
Professor Russell A. Berman told a packed Student Center auditorium Wednesday night that there is an overlap between the hostility Americans and Jews face in Europe.
Kristina Schake had built a solid reputation among political operatives for driving the shift in voter opinion on gay marriage, foiling Big Tobacco forces and helping Michelle Obama transcend the traditional role of first lady -- but the State Department was not her wheelhouse.
Due to trade protectionism for relatively inefficient domestic sugar producers, American consumers and domestic sugar-using industries have been forced to pay twice the world price of sugar for many generations.
Back in April, when President Obama agreed to allow Congress to vote on the then-still-under negotiation nuclear accord with Iran, it was widely covered as a surrender by the White House. In retrospect, it was a great move by the White House.
Surging presidential candidate Donald Trump is often described as having “tapped into” something that the angry American voter now desires. What he has tapped into is something deeper and far more atavistic than is commonly suspected: people want a heroic leader, one in an ancient mold. Donald Trump, in this view, is the last gasp of the honor culture.
Carly Fiorina graduates to the main stage for Wednesday’s GOP presidential debate at the Reagan Presidential Library in Simi Valley, but even as she seeks to expand her appeal to voters, the former Hewlett-Packard CEO’s history may come back to haunt her.
On September 4, Andris Rāzans, the Latvian ambassador to the United States, and Dace Melbarde, the Latvian minister of culture, visited the Hoover Institution Library & Archives and viewed items from the archives’ Latvian collections, including treasures that are shown to such visitors. Later that day, Pēteris Kārlis Elferts, ambassador at large for the Latvian diaspora, spoke at Hoover on “Protest and Civil Disobedience: The Struggle for Baltic Independence.”
From September 28 through October 2, Stanford will host the international conference “Poetry and Politics in the Twentieth Century: Boris Pasternak, His Family, and His Novel Doctor Zhivago,” the largest ever dedicated to this Nobel Prize–winning twentieth-century Russian writer. An exhibition of Doctor Zhivago rare first editions from Hoover and Stanford as well as the private collection of Paolo Mancosu will be displayed in the Hoover Tower during the conference.
