Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "A Pox On Retroactive Taxes."

On June 8, AEI’s Desmond Lachman and the R Street Institute’s Alex J. Pollock hosted an event examining the possibilities of resurging inflation in the global economy. Kevin Warsh of the Hoover Institution juxtaposed the strongest economic growth in 40 years with the loosest mix of fiscal and monetary policy in history. He emphasized that the Federal Reserve’s new “wait and see” approach could be problematic should the Fed be unable to set policy effectively.

After a cyberattack linked to Russian hacker group REvil forced the world’s largest meat supplier JBS to shut down all of its systems, including plants in North America and Australia, the Brazil-based company has returned to full global operations. An expert said on Tuesday that attacked companies won’t tell whether they paid ransom.

Hoover Institution fellow Raghuram Rajan talks about risks to financial stability that lay ahead and how the dramatic shift in favor of fiscal activism is affecting advanced economies. Rajan also discusses whether Big Tech is helping or hindering innovation as well as the place of social institutions in the economy.