Economic Policy Working Group

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In the News

World Cybersecurity Leaders Call For Cooperation

with John Shovenvia NPR
Wednesday, November 6, 2013

John B. Taylor on the John Batchelor Show (:48)

with John B. Taylorvia John Batchelor Show
Tuesday, November 5, 2013

Guests: Larry Kudlow, Kudlow Report, CNBC; & Cumulus Media radio. John B. Taylor, Hoover. Randy Barnett, Georgetown Law. David Davenport, Hoover.  


John Taylor on Market Makers

with John B. Taylorvia Bloomberg Television
Monday, November 4, 2013

John Taylor, an economics professor at Stanford University and a senior fellow at the Hoover Institution, talks about impact of Federal Reserve policy on Washington politics and the economy. He speaks with Stephanie Ruhle and Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)


John Taylor on Markets Now

with John B. Taylorvia FOX Business
Monday, November 4, 2013

Stanford University economics professor John Taylor shares his thoughts on Janet Yellen as the next Fed chairman.

In the News

Government Response to Financial Crisis Hasn't Worked

with John B. Taylorvia Money News
Monday, November 4, 2013

The government's efforts to boost the economy since the 2008-09 financial crisis have failed, says John Taylor, a Stanford University economist and former Treasury Department official.

A Slow Recovery with Low Inflation

by Allan H. Meltzervia Economics Working Papers
Friday, November 1, 2013

Economics Working Paper WP13110

Analysis and Commentary

Extreme Policies Are a Big Problem, Despite Naysayer

by John B. Taylorvia Economics One (blog)
Thursday, October 31, 2013

In a recent post, Paul Krugman commented on my Wall Street Journal article published this week. He tries to go after two paragraphs in particular, but misses on both. In the next to last paragraph ...

Analysis and Commentary

Economic Failure Causes Political Polarization

by John B. Taylorvia Wall Street Journal
Monday, October 28, 2013

It is a common view that the shutdown, the debt-limit debacle and the repeated failure to enact entitlement and pro-growth tax reform reflect increased political polarization. I believe this gets the causality backward.

Analysis and Commentary

How 'Debt Ceilings' Increase Debt

by Gary S. Becker, Edward Paul Lazearvia Wall Street Journal
Wednesday, October 23, 2013

The recent wrangling in Washington over the debt ceiling, with both sides promising to return to battle early next year, never got around to considering this proposition: Maybe debt ceilings are a bad idea, because they may lead to increased spending.

Analysis and Commentary

Short Course on Policy Rules–Including Yellen’s Variant

by John B. Taylorvia Economics One
Tuesday, October 22, 2013

In a recent interesting article, "The Yellen Fed? Precise and Predictable," Catherine Rampell assesses Janet Yellen along the discretion/rules-based dimension rather than the hawk/dove dimension wh...



The Working Group on Economic Policy brings together experts on economic and financial policy at the Hoover Institution to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals. Read more...


Archive of Working Papers on Economic Policy

Speeches and Testimony

John B. Taylor



George P. Shultz Senior Fellow in Economics
Wohlford Family Senior Fellow
Rose-Marie and Jack Anderson Senior Fellow
Leonard and Shirley Ely Senior Fellow
Senior Fellow
Senior Research Fellow
Thomas W. and Susan B. Ford Distinguished Fellow

The Working Group on Economic Policy brings together experts on economic and financial policy at the Hoover Institution to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.


Working Group Meeting - March 9, 2018
Working Group Meeting - March 9, 2018

For twenty-five years starting in the early 1980s, the United States economy experienced an unprecedented economic boom. Economic expansions were stronger and longer than in the past. Recessions were shorter, shallower, and less frequent. GDP doubled and household net worth increased by 250 percent in real terms. Forty-seven million jobs were created.

This quarter-century boom strengthened as its length increased. Productivity growth surged by one full percentage point per year in the United States, creating an additional $9 trillion of goods and services that would never have existed. And the long boom went global with emerging market countries from Asia to Latin America to Africa experiencing the enormous improvements in both economic growth and economic stability.

Economic policies that place greater reliance on the principles of free markets, price stability, and flexibility have been the key to these successes. Recently, however, several powerful new economic forces have begun to change the economic landscape, and these principles are being challenged with far reaching implications for U.S. economic policy, both domestic and international. A financial crisis flared up in 2007 and turned into a severe panic in 2008 leading to the Great Recession. How we interpret and react to these forces—and in particular whether proven policy principles prevail going forward—will determine whether strong economic growth and stability returns and again continues to spread and improve more people’s lives or whether the economy stalls and stagnates.

Our Working Group organizes seminars and conferences, prepares policy papers and other publications, and serves as a resource for policymakers and interested members of the public.

Working Group Meeting - April 9, 2008
Working Group Meeting - April 9, 2008



For general questions about the Working Group, please contact John Taylor or his assistant Marie-Christine Slakey at (650) 723-9677. For media inquiries, please contact our office of public affairs.