Economic Policy Working Group

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Monetary Policy and the State of the Economy

by John B. Taylorvia Economics Working Papers
Tuesday, February 11, 2014

Economics Working Paper WP14107

Analysis and Commentary

Are Government Bureaucracies Too Big?

by Gary S. Beckervia Becker-Posner Blog
Sunday, February 9, 2014
Analysis and Commentary

Generational Mobility in the United States

by Gary S. Beckervia Becker-Posner Blog
Sunday, February 2, 2014
Analysis and Commentary

First Principles Versus Secular Stagnation

by John B. Taylorvia Economics One
Friday, January 31, 2014

With real GDP and employment data now in for all of 2013, the recovery still looks about as weak as ever. Sure, it’s good news that growth picked up again in the 3rd and 4th quarter, but  the three...

Analysis and Commentary

Neighborhood Gerrymandering

by Gary S. Beckervia Becker-Posner Blog
Sunday, January 26, 2014
Analysis and Commentary

The Great Global Unwinding

by John B. Taylorvia Economics One
Saturday, January 25, 2014

If there is a common factor in the recent global market turbulence it is the inevitable unwinding of unconventional US monetary policy.  Evidence for this connection appeared last May and June when...

Analysis and Commentary

Cash for Kidneys: The Case for a Market for Organs

by Gary S. Beckervia Wall Street Journal
Tuesday, January 21, 2014

In 2012, 95,000 American men, women and children were on the waiting list for new kidneys, the most commonly transplanted organ. Yet only about 16,500 kidney transplant operations were performed that year.

Analysis and Commentary

Is the US in For Secular Stagnation: Déjà Vu All Over Again

by Gary S. Beckervia Becker-Posner Blog
Monday, January 20, 2014

Pages

About

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...

Events

Archive of Working Papers on Economic Policy

Speeches and Testimony

John B. Taylor

Books

Media

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

Policy Seminar on Reconsidering the Basic Tenets of Macroeconomics in the Light of the Past Two Years

Tuesday, July 13, 2010

Guest Speaker: Robert Hall (Hoover Institution Senior Fellow and Professor of Economics)

Event

Policy Seminar on a Financial Reform Proposal: Equity Liability Carrier

Wednesday, June 30, 2010

Guest Speakers: Anat Admati (Professor of Finance and Economics, Stanford GSB) and Paul Pfleiderer (Professor of Finance, Stanford GSB)

Event

Meeting of the Resolution Project

Saturday, May 22, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

The Resolution Project met to discuss in more detail the group’s Chapter 14 proposal.

Event

Policy Seminar on Can Government Entitlements Be Controlled: Lessons from History

Friday, May 21, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

Guest Speaker: John Cogan (Hoover Institution Senior Fellow and Professor of Public Policy).

Event

Policy Seminar on Ending the World’s Financial Plague With Limited Purpose Banking

Monday, May 10, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

Guest Speaker: Lawrence Kotlikoff (professor at Boston University and author of Jimmy Stewart is Dead).

Event

Meeting of the Resolution Project

Saturday, May 8, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

The Resolution Project met to work out in more detail the group’s Chapter 11F proposal. 

Event

Policy Seminar on the Post-Crisis Role of Brazil and the Other BRICS

Wednesday, May 5, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

Guest Speaker: Arminio Fraga (former governor of the Central Bank of Brazil).

Event

Policy Seminar on Financial Regulatory Reform...Getting It Right

Wednesday, March 10, 2010
George Shultz Conference Room, Herbert Hoover Memorial Building

Guest Speaker: Duncan Niederauer (CEO of the New York Stock Exchange).

Event

Policy Seminar on the Role of Government in Financial Markets Following the Crisis

Monday, February 1, 2010

Guest Speaker: Mohamed El-Erian (CEO and Co-Chief Investment Officer of PIMCO, former investment manager of the Harvard Management Company).

Event

Pages

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

 


Contacts

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.