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John Taylor On The John Batchelor Show (19:28)

interview with John B. Taylorvia John Batchelor Show
Tuesday, March 10, 2015

John Taylor discusses inflation, monetary policy, Milton Firedman, and a rules based Federal Reserve so congress can audit the Fed.


Ed Lazear On CNBC

interview with Edward Paul Lazearvia CNBC
Friday, March 6, 2015

CNBC's Rick Santelli discusses jobs report, productivity gains, and trade promotion authority, with Ed Lazear, Hoover Institution senior fellow.

In the News

Fed Struggled In 2009 Over How To Boost Economy, Papers Show

quoting Kevin Warshvia The New York Times
Wednesday, March 4, 2015

As the Great Recession inflicted worsening damage on the U.S. economy, the Federal Reserve struggled during 2009 to determine the best corrective steps to pursue.


Henry Miller On The John Batchelor Show (30:04)

interview with Henry I. Millervia John Batchelor Show
Friday, February 27, 2015

Hoover fellow Henry Miller discusses the FDA leadership on the John Batchelor Show.

In the News

Why Does The Federal Reserve Fear A Real Audit?

mentioning John B. Taylorvia New York Post
Thursday, February 26, 2015

What is Janet Yellen afraid of? That question will be percolating in Congress next week when the Senate Banking Committee starts considering proposals for reforming the Federal Reserve that she chairs.

Tax cuts and reforms
In the News

Tax Code Should Be ‘Tossed Out,’ Expert Tells Senators

quoting Michael J. Boskinvia Think Advisor
Wednesday, February 25, 2015

Tax experts agreed Tuesday that comprehensive tax reform will help boost economic growth, with one expert suggesting the best way to achieve this is to "toss out" the current tax code and start again.

Analysis and Commentary

On RRP Pro And Con

by John H. Cochrane via Grumpy Economist
Wednesday, February 25, 2015

Thanks to a comment on the last post, I found The Fed working paper explaining Fed's thinking about overnight reverse repurchases, Overnight RRP Operations as a Monetary Policy Tool: Some Design Considerations by Josh Frost, Lorie Logan, Antoine Martin, Patrick McCabe, Fabio Natalucci, and Julie Remache.

Classroom students
Analysis and Commentary

The Conservative Case For HR 5

by Chester E. Finn Jr.via Education Next
Wednesday, February 25, 2015

The Club for Growth is right about a bunch of issues, but they’re wrong about the pending House bill to replace No Child Left Behind with something far better. HR 5 (the “Student Success Act”), slated for floor action a few days hence, would, if enacted, be the most conservative federal education move in a quarter century.

Analysis and Commentary

Desperately Seeking A Leader For The FDA

by Henry I. Millervia Forbes
Wednesday, February 25, 2015

The hunt is on for a new head of the FDA. The incumbent should be an experienced manager, familiar with the agency’s functions, independent and distanced from politics, and committed to regulatory reform. I’m betting that President Obama’s nominee falls short.

Analysis and Commentary

The Minimum Wage And Monopsony

by David R. Hendersonvia EconLog
Tuesday, February 24, 2015

I promised a few weeks ago to "write a further note explaining a more-sophisticated way of understanding the harmful effects of the minimum wage." This isn't it.