Economic Policy Working Group

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Analysis and CommentaryBlank Section (Placeholder)

The Time for Spending Cuts Is Now

by Michael J. Boskinvia Wall Street Journal
Friday, February 11, 2011

The White House argues that 'draconian' cuts will derail the economy. In fact, cuts are necessary to preserve tax rates that are compatible with economic growth...

Towards an Exit Strategy: Discretion or Rules?

featuring John B. Taylorvia Analysis
Monday, February 7, 2011

Discorso Bruno Leoni 2011 
Palazzo Clerici, Milano 

Analysis and CommentaryBlank Section (Placeholder)

More on a Two-Track Plan to Restore Growth

by John B. Taylorvia Economics One
Monday, January 31, 2011

The Wall Street Journal’s choice of a headline for my op-ed last Friday “A Two-Track Plan to Restore Growth,” was a great way to pair the proposed fiscal reform with the proposed monetary reform...

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A Two-Track Plan to Restore Growth

by John B. Taylorvia Wall Street Journal
Friday, January 28, 2011

Our economic wounds are self-inflicted. Changing fiscal and monetary policies could make a difference fast...

Economic Growth and Job Creation: The Road Forward

featuring John B. Taylorvia Committee on Financial Services, U.S. House of Representatives
Wednesday, January 26, 2011
Testimony Before The Committee on Financial Services 
U.S. House of Representatives 
Analysis and Commentary

A Tale of Two Currency Areas

by Michael J. Boskinvia Project Syndicate
Monday, January 24, 2011

They are also two single-currency areas: the dollar and, for much of Europe, the euro. The challenges facing both are monumental...

Michael Boskin

Boskin discusses the economy on the John Batchelor Show

via John Batchelor Show
Tuesday, January 11, 2011

Michael Boskin, a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University, discusses the outlook for changes to US taxes on corporations and a potential overhaul of the broader US tax code with John Batchelor.

Blank Section (Placeholder)Analysis and Commentary

Historical Evidence on the Benefits of Rules-Based Economic Policies

featuring John B. Taylorvia Economics One
Friday, January 7, 2011

Address before the Joint Luncheon Session of the 
American Economics Association and the American Finance Association 

Michael Boskin

Boskin says US tax overhaul has bipartisan interest

via Bloomberg Television
Wednesday, January 5, 2011

Michael Boskin, a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University, discusses the outlook for changes to US taxes on multinational corporations and a potential overhaul of the broader US tax code with Margaret Brennan on Bloomberg Television's InBusiness.

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Where Did the Stimulus Go?

by John F. Cogan, John B. Taylorvia Commentary
Saturday, January 1, 2011

More than $1 trillion in federal-deficit spending did little or nothing to help the economy.  Why? Because it was used to pay down debts and reduce borrowing.

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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

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.