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Nobel Prize-winning economist Milton Friedman
Analysis and Commentary

Friedman 1968 At 50

by John H. Cochrane featuring Milton Friedmanvia Grumpy Economist
Tuesday, March 27, 2018

This month marks the 50th anniversary of Milton Friedman's The Role of Monetary Policy, one of the most influential essays in economics ever.  To this day, economics students are well advised to go read this classic article, and carefully. 

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The Libertarian: The Public Pension Crisis

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Friday, March 23, 2018

How excessive promises to public employees may wreck state and local finances.

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Area 45: National Security And Trade - China, North Korea, And The United States

interview with Michael R. Auslinvia Area 45
Friday, March 9, 2018

How is President Trump changing the dynamics of the United States’ relationship with China, North Korea, and Asia, and making the world safer?

In the News

Reader’s Comment: FDR – So Wrong For So Long

quoting Thomas Sowellvia The Conservative Woman
Thursday, February 22, 2018

In response to Laura Perrins: Thursday’s reading list: God’s kingdom, expanding the economy and women in science, Owen Morgan wrote: A lot more people should be reading Amity Shlaes. Continued belief in the effectiveness of the New Deal must be in defiance of a mountain of evidence against it, just as Roosevelt himself turned (as Shlaes demonstrates) to policies only recently proved to have failed. Roosevelt’s failure in the Thirties created the Great Depression. Certainly, there was a depression already and Herbert Hoover had made a string of wrong decisions, but Roosevelt took the worst of Hoover’s ideas and made them worse still.

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The Libertarian: The Nunes Memo And The Mueller Investigation

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Thursday, February 8, 2018

Is the GOP's intelligence memo a bombshell, a dud, or something in between?

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Area 45: President Trump, From A Libertarian Perspective

interview with Richard A. Epsteinvia Area 45
Tuesday, February 6, 2018

Lower taxes and reduced regulations…is President Trump using the Libertarian playbook?

In the News

A Look At Our Rust Belt History & How We Got Here

quoting Lee Ohanianvia Richland Source
Monday, February 5, 2018

Richland County wasn’t always this way. The abandoned, multi-story eyesores in Mansfield were once bustling factories that provided thousands of jobs, and contrary to today, the area's dwindling population was on the rise.

In the News

Videos Of The Day From Russ Roberts On The Middle Class: Disappearing And Stagnating? Or Prospering? It’s Complicated.

featuring Russell Robertsvia AEI
Thursday, February 1, 2018

Economist Russ Roberts and Hoover Institution research fellow has released two new videos where he addresses some important issues and questions including whether America’s middle class is either stagnating economically or disappearing, how the American economy has been treating the middle class over the last 40 years, how wages and income should best be adjusted over time for the effects of inflation, how the increase in the number of retired Americans and changes in family structure have affected middle-income earnings, and whether all of the gains from economic growth have gone to the rich. Enjoy!

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Aye, Robot

by David R. Hendersonvia Hoover Digest
Friday, January 26, 2018

Yes, the robots are coming, but not for our jobs. Automation will bring new kinds of work, and new chances to create wealth. 

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The High Cost of Good Intentions

by Tunku Varadarajan interview with John F. Coganvia Hoover Digest
Friday, January 26, 2018

Must all government programs keep growing—and deepening the national debt? Hoover fellow John Cogan sees hope in the rare exceptions.