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In the News

A Rothschild Flew The Nest And Still Became Fabulously Rich

quoting Niall Fergusonvia Bloomberg
Friday, May 10, 2019

Four decades ago, Jacob Rothschild did something crazy. After a family falling out, he turned his back on the riches of Europe’s biggest banking dynasty to pursue his own interests.

Policy Seminar with Ellen McGrattan

Wednesday, April 17, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Ellen McGrattan, visiting fellow at the Hoover Institution, professor of economics at the University of Minnesota, director of the Heller-Hurwicz Economics Institute, and consultant at the Federal Reserve Bank of Minneapolis, discussed “Intangible Capital and Measured Productivity.”

Event

Policy Seminar with Steve Davis

Monday, March 18, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Steve Davis, the William H. Abbott Professor of International Business and Economics at the University of Chicago’s Booth School of Business, discussed “The Social Impact of Private Equity over the Economic Cycle” with John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda.

Event
Analysis and Commentary

Update Of Carl Menger Bio

by David R. Hendersonvia EconLog
Tuesday, April 30, 2019

A reader of The Concise Encyclopedia of Economics contacted me recently to point out the following.

In the News

What Is Taylor Rule?

featuring John B. Taylorvia Banking School
Tuesday, April 16, 2019

The Taylor rule was first proposed by economist John B. Taylor in 1993 to provide guidance to the U.S. Federal Reserve* and other central banks for setting short-term interest rates based on economic conditions. 

Featured

An Equation To Ensure America Survives The Age Of AI

by Elizabeth Cobbsvia Financial Times
Thursday, April 11, 2019

Tech investors celebrate a future of self-driving taxis and low labour costs as gig economy platform companies such as Lyft and Uber go public. But workers spy disaster. In more and more industries, the low-skilled suffer declining pay and hours. McKinsey estimates that 60 per cent of occupations are at risk of partial or total automation.

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The Libertarian: The Reparations Debate

interview with Richard A. Epsteinvia The Libertarian
Wednesday, April 10, 2019

Is there a case for compensating those touched by slavery’s legacy?

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The Libertarian: The Mueller Report

interview with Richard A. Epsteinvia The Libertarian
Wednesday, March 27, 2019

Reckoning with the implications of the long-awaited special counsel’s investigation.

Centennial SecretsFeatured

The Timeless Ideas Of Milton Friedman

featuring Milton Friedmanvia The Hoover Centennial
Friday, March 22, 2019

Milton Friedman’s work continues to inform and inspire researchers and policymakers.

The Future of Fed’s Balance Sheet: A Policy Workshop

Thursday, March 7, 2019
Annenberg Conference Room, Lou Henry Hoover Building

The Federal Open Market Committee announced on January 30 that it “intends to continue to implement monetary policy in a regime in which an ample supply of reserves ensures that control over the level of the federal funds rate and other short-term interest rates is exercised primarily through the setting of the Federal Reserve's administered rates, and in which active management of the supply of reserves is not required.” Statement Regarding Monetary Policy Implementation and Balance Sheet Normalization. 

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