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Featured

Trump’s Trade Policy Uncertainty Deters Investment

by Steven J. Davisvia Econbrowser
Monday, August 13, 2018

Donald Trump has upended U.S. trade policy. The particulars include a U.S. pullout from the Trans-Pacific Partnership (TPP), threats to jettison the North American Free Trade Agreement, a refusal to affirm new WTO judges, tariff hikes on steel and other goods, frequent rhetorical attacks on major trading partners, and a wrong-headed obsession with bilateral trade deficits.

Analysis and Commentary

David Meltzer On The Doctor-Patient Relationship

by Russell Robertsvia EconTalk
Monday, August 13, 2018

Physician David Meltzer of the University of Chicago talks about the power of the doctor-patient relationship with EconTalk host Russ Roberts. Meltzer, who also has a Ph.D. in economics, discusses a controlled experiment he has been running to measure the importance of maintaining the continuity of doctor-patient relationships. Meltzer argues that the increasing use of hospitalists--specialists who take over a patient from the patient's regular doctor once the patient is hospitalized--has raised costs and hurt patients. 

In the News

How Jeff Bezos Hires Great People

quoting Michael Spencevia Forbes
Sunday, August 12, 2018

Amazon’s hiring practices recently had a spotlight moment after a partner at the startup incubator, Y Combinator, tweeted about it. Their guiding principles for hiring are pulled from Amazon’s 1998 shareholder letter, in which Bezos argues that “setting the bar high in our approach to hiring has been, and will continue to be, the single most important element of Amazon.com’s success.”

Featured

Go Ahead And The Change The Electoral College, But There's Still A Trump Presidency

by Bill Whalenvia Forbes
Sunday, August 12, 2018

There are those Russophobes who’ll forever be convinced that the American election system was compromised and the outcome altered in 2016 – and still others who believe the system is broken and in need of repair.

In the News

Nobel Laureates Favor Free Trade And Collaboration

quoting Thomas J. Sargentvia CGTN America
Sunday, August 12, 2018

Several Nobel Prize laureates in economics and basic sciences gathered in Beijing to share their views on escalating trade tensions and scientific and technological improvement.

In the News

Veterans Column: Janet Jones Experiences War First Hand

quoting Elizabeth Cobbsvia Newark Advocate
Saturday, August 11, 2018

No other letters from Janet Jones exist about her service once she arrived in France. However, by looking at her service record and using information from author Elizabeth Cobbs’ book “The Hello Girls, America’s First Woman Soldiers” an accurate picture of what they did can be seen.

Analysis and Commentary

Does Valuing All Of A Firm's Stock At The Market Price Badly Understate The Firm's Market Value?

by David R. Hendersonvia EconLog
Saturday, August 11, 2018

No, according to economist Jeffrey Rogers Hummel. In a recent email discussion one economist claimed that we should be wary of measuring a firm’s value by multiplying the number of the firm’s shares by the price per share.

In the News

Seminars At Steamboat Concludes With Debate Moderated By NPR's Ron Elving

featuring Morris P. Fiorinavia Steamboat Pilot and Today (CO)
Friday, August 10, 2018

The Seminars at Steamboat season concludes Monday with a policy debate between Elaine Kamarck, of the Brookings Institution, and Morris Fiorina, of the Hoover Institution.

Analysis and Commentary

The Clancy Smith Ludwig Erhard Cigar Story

by David R. Hendersonvia EconLog
Friday, August 10, 2018

One of the advantages of having been involved with free-market ideas for half a century (yikes—I’m getting old!) is that I’ve also become friends with people who were involved even longer, some famous, such as Milton Friedman, and some not famous, such as my mentor at the University of Winnipeg, Clancy Smith.

Interviews

Ayaan Hirsi Ali On The Firing Line

interview with Ayaan Hirsi Alivia The Firing Line
Friday, August 10, 2018

Hoover Institution fellow Ayaan Hirsi Ali discusses her foundation and how they help women, children, and the most vulnerable members of society.

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