Economic Policy Working Group

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Analysis and Commentary

Dynamic Competition and Anti Trust Policy

by Gary S. Beckervia Becker-Posner Blog
Monday, September 2, 2013
In the News

Press Club Panel Looks at State of Economy

with John B. Taylorvia Money News
Thursday, August 29, 2013

On Aug. 21, the National Press Club hosted a panel of three experts to discuss the state of the U.S. economy, moderated by Jennifer Schonberger of The Wall Street Report.

Analysis and Commentary

A Crisis May Be Worst Time to Deviate from Rules

by John B. Taylorvia Economics One
Thursday, August 29, 2013

In the Money interview with me which Melissa Francis posted yesterday she delved into two of my First Principles—the importance of the rule of law and rules-based policy—pointing out that many peop...

Interviews

John Taylor on Closing Bell (3:08)

with John B. Taylorvia Closing Bell (CNBC)
Tuesday, August 27, 2013

CNBC's John Harwood reports Treasury Secretary Jack Lew said that President Obama will not be negotiating over the debt limit. Should investors be worried about another debt showdown in September? Maya MacGuineas, head of the campaign Fix the Debt, and John Taylor, former Treasury Undersecretary, weigh in.

Analysis and Commentary

Say No To Macro-Prudential Fine-Tuning

by John B. Taylorvia Economics One
Tuesday, August 27, 2013

In an article in the Wall Street Journal John Cochrane raises serious doubts about  recent “macro-prudential" policy proposals.   I hope the Fed listens. The Bank of England has already started in ...

Analysis and Commentary

Jackson Hole: Then and Now

by John B. Taylorvia Economics One
Sunday, August 25, 2013

Quite a few people expressed interest in my tweet on the very high ratio of men to women at the 1982 Jackson Hole conference: 23 to 1.  A CNN Money story and Justin  Wolfers tweet reported 6 to 1 t...

Analysis and Commentary

Information About Colleges and Student Loans

by Gary S. Beckervia Becker-Posner Blog
Sunday, August 25, 2013
In the News

Stanford’s Taylor Says ‘Sooner the Better’ for Fed to Unwind QE

with John B. Taylorvia Bloomberg Businessweek
Friday, August 23, 2013

Stanford University Professor John Taylor, creator of a rule for guiding monetary policy, said the Federal Reserve should begin as soon as possible to taper its purchases of securities.

Interviews

John Taylor on Money with Melissa Francis

with John B. Taylorvia Fox Business
Thursday, August 22, 2013

Stanford University Professor John Taylor on his five steps for boosting the economy.

Analysis and Commentary

Who and What is to Blame for the Global Turbulence

by John B. Taylorvia Economics One
Thursday, August 22, 2013

The recent large impact of U.S. monetary policy on the rest of the world--especially emerging markets--has understandably been attracting a lot of attention in financial markets with headlines like...

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
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

 


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.