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New Issue Of Eureka: Issue 1903

via Eureka
Thursday, August 22, 2019

New Issue of Eureka, Issue 1903, is available online.

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: 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?

Analysis and Commentary

Inflation, And History

by John H. Cochranevia The Grumpy Economist
Thursday, August 22, 2019

Phil Gramm and John Early have an excellent WSJ oped on inflation measurement. 


Victor Davis Hanson: What Could Sink Trump’s Chances In 2020?

by Victor Davis Hansonvia Fox News
Thursday, August 22, 2019

What factors usually reelect or throw out incumbent presidents? The economy counts most. Recessions, or at least chronic economic pessimism, sink incumbents. Presidents Jimmy Carter and George H.W. Bush were tagged with sluggish growth, high unemployment and a sense of perceived stagnation — and were easily defeated.

In the News

The Global Economy Has Become More Likely To Fail

quoting Michael R. Auslinvia The Hill
Wednesday, August 21, 2019

The number of political and economic germs that are flitting around the world has increased and there are mounting fears that these are becoming resistant to the fiscal and monetary pills, powders and injections. The recession word is popping up with increasing frequency. Global trade is in the doldrums, industrial production is hit hard, debts have reached record highs and growth is slowing in most places.


Milton Friedman On What Drives Economic Progress

featuring Milton Friedmanvia Wall Street Journal
Wednesday, August 21, 2019

In this animation from a “Friedman Fundamentals” video series by PolicyEd and the Hoover Institution, Milton Friedman demonstrates how the great achievements from civilization have come from individuals pursuing their separate interests, not government.

In the News

India's Plan To Float Foreign-Currency Bonds Stalls

quoting Raghuram Rajanvia Nikkei Asian Review
Wednesday, August 21, 2019

NEW DELHI -- The Indian government's plans for its first foreign-currency bonds appear to have run aground in the face of criticism from economists and a lack of clarity about how much borrowing will take place.


John Taylor On "Rules-Based Fed Policy"

interview with John B. Taylorvia CNBC
Wednesday, August 21, 2019

Hoover Institution fellow John Taylor discusses the importance of an independent, accountable central bank.


Casey Mulligan: We Exaggerate The Impact Of Tariffs, No Recession

interview with Casey B. Mulliganvia WGN Radio
Tuesday, August 20, 2019

Hoover Institution fellow Casey Mulligan notes that in spite of recent reports, the United States isn’t expecting another recession. He shares the advice he would give the president concerning trade.

In the News

The ‘Stakeholder’ CEOs

mentioning Milton Friedman, Hoover Institutionvia Wall Street Journal
Monday, August 19, 2019

Today’s corporate CEO is a politician as much as business leader, and for proof look no further than the statement Monday from the Business Roundtable ostentatiously redefining its mission to serve “stakeholders” in addition to the shareholders who own the company. A close reading shows there’s less substance here than meets the media spin, but it’s still notable that the CEOs for America’s biggest companies feel the need to distance themselves from their owners.


Economic Policy Working Group

The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple