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Blank Section (Placeholder)Analysis and Commentary

The Libertarian: Britain After Brexit

interview with Richard A. Epsteinvia The Libertarian
Tuesday, September 3, 2019

How will the UK weather an exit from the European Union?

Analysis and Commentary

Labor Day Vignettes

by David R. Hendersonvia EconLog
Monday, September 2, 2019

I’ve spent from 7:30 this morning to 1:30 this afternoon working on my next article for the Hoover Institution’s on-line publication, Defining Ideas. I’m putting the labor back in Labor Day.

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The Libertarian: The Corporate Responsibility Canard

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 29, 2019

Serving your stockholders doesn’t mean exploiting everyone else.

Uncommon Knowledge new logo 1400 x 1400
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Why Here, Why Now? Why Did The United States Enjoy Dramatic Improvements In The Standard Of Living During The Last Century?

interview with Terry Anderson, John F. Cogan, Lee Ohanian, George P. Shultzvia Uncommon Knowledge
Monday, August 26, 2019

Hoover Institution economists John Cogan, Lee Ohanian, Terry Anderson, and George Shultz examine the causes for and the reasons behind so many improvements being made to the quality of life in the United States over the past century. They analyze the role that free markets, property rights, innovation, regulation, taxes, and national security played in these remarkable achievements.

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The Specter Of Recession

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 22, 2019

When does the prospect of an economic slowdown justify government intervention?

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Area 45: Michael Boskin Discusses The Left’s Agenda

interview with Michael J. Boskinvia Area 45
Wednesday, August 21, 2019

Are Democratic hopefuls offering sound ideas (Green New Deal, Universal Basic Income, Medicare-For-All) or economic illiteracy?

Analysis and Commentary

Keynes' Understated Criticism Of FDR's New Deal

by David R. Hendersonvia EconLog
Sunday, August 18, 2019

One main component of Franklin Roosevelt’s New Deal was the National Industrial Recovery Act (NIRA), which cartelized hundreds of American industries. If FDR’s goal was, as the name of the act implies, to help industries recovered from the depth of the what would later be known as the Great Depression, the NIRA never made sense. When you cartelize an industry, you cut output and raise prices. With output being so low, you make the situation worse, not better.

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Area 45: Ed Lazear Assesses The Trump Economy

interview with Edward Paul Lazearvia Area 45
Wednesday, August 14, 2019

What might happen with tariffs, trade, currency manipulation, interest rates, employment, immigration, and the economy over the next year.

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Pacific Century: Trump Versus China: John Pomfret Reacts

interview with Michael R. Auslin, John Yoo, John Pomfretvia The Pacific Century
Monday, July 29, 2019

The White House’s new China policy splits the US foreign policy community.

In the News

The New Enlightenment: A Call To Arms At Adam Smith’s Panmure House

mentioning Niall Fergusonvia Business Wire
Wednesday, June 26, 2019

Adam Smith is remembered for his disdain for beggar-thy-neighbor “mercantilist” trade policies and for the “invisible hand” theorem of how to use decentralized markets to organize an economy better than any centralized authority could. To many, he is closely associated with laissez-faire economics. But those who actually read his work know that he took a much more nuanced view of markets, businesses, and government, recognizing the moral and social aspects of how individuals behave and how prosperity ensues.

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