Business & Labor


Filter By:



Research Team

Use comma-separated ID numbers for each author

Support the Hoover Institution

Join the Hoover Institution's community of supporters in advancing ideas defining a free society.

Support Hoover


Hoover Institution Event: Will Protection Make America Great? Trump And US Trade Policy With Doug Irwin

Monday, May 21, 2018
Hauck Auditorium, David and Joan Traitel Building at the Hoover Institution

The Hoover Institution hosts "Will Protection Make America Great? Trump and US Trade Policy with Doug Irwin" on Monday, May 21, 2018 from 2:15pm - 3:45pm PST.

In the News

Tom Saler: Trade Imbalance Isn't As Simple As One Country’s Gain Being Another’s Loss

quoting Martin Feldsteinvia Journal Sentinel
Friday, May 18, 2018

In less than two weeks, the Trump administration is set to fire the opening salvo in a trade war with the European Union, an economic bloc whose purchases of U.S. goods and services support an estimated 2.6 million American jobs. But when a president rails against a supposed problem, you might expect him to at least be able to understand its component parts.

Analysis and Commentary

Workers Affect Worker Safety Too

by David R. Hendersonvia EconLog
Friday, May 18, 2018

When I taught a cost/benefit analysis course, one of the topics I covered was worker safety. Using W. Kip Viscusi's excellent entry "Job Safety" in The Concise Encyclopedia of Economics, I showed that there is an implicit market for safety in the workplace and that workers do a pretty good job of judging relative risks.

In the News

US Allies Fret About Losing Iran Business

quoting Jamil Jaffervia The Hill
Wednesday, May 16, 2018

President Trump’s decision to pull out of the Iran nuclear deal could create a financial quagmire for U.S. allies who are suddenly at risk of being caught in economic sanctions.

In the News

Labor Department Seeks To Prevent Managers From Playing Politics With Pension Funds

quoting David R. Hendersonvia National Legal and Policy Center
Tuesday, May 15, 2018

By law, managers of employer-sponsored pension plans must act in the best interests of investors. Unfortunately, many such fiduciaries are applying an unusually broad definition. That’s why the U.S. Department of Labor has clarified the issue.

In the News

Maybe Trump And Xi Both Benefit From A Trade War

quoting Niall Fergusonvia Fortune
Saturday, May 12, 2018

China’s top economic adviser Liu He lands in Washington on Tuesday for another round of trade negotiations with counterparts in the Trump administration. His mission: to find an eleventh-hour compromise that will dissuade Trump from imposing sanctions on Chinese imports, avert retaliation in kind from Beijing, and thereby save the world’s two largest economies from stumbling into a senseless and mutually destructive trade war.

In the News

America Will Win The Trade War With China

quoting Niall Fergusonvia The Weekly Standard
Saturday, May 12, 2018

For over a decade there has been a trade war between China and America, with America playing the role of passive victim. China has required American firms investing in its country to take on a Chinese partner and turn over their technology, which it agreed not to do when it joined the World Trade Organization. It has stolen American intellectual property, imposed heavy duties on imported vehicles, subsidized its exports, and manipulated its currency.

Analysis and Commentary

80 Years Before Card And Krueger

by David R. Hendersonvia EconLog
Sunday, May 13, 2018

A labor economist friend who studies the minimum wage writes: I found a 103 year old BLS report on a minimum wage increase in Oregon that had a stronger grasp on credible research design than Card & Krueger. Also, one of the authors is named "Bertha von der Nienburg" and she was 24 when the report was written. If I was the sort of person who did that sort of thing, I'd blog about this.

Analysis and Commentary

Another Thought About Why U.S. Wages Haven't Risen Much

by David R. Hendersonvia EconLog
Wednesday, May 9, 2018

Regular reader Ryan P. Long, in response to my post a few days ago, "Krugman on a Wage Puzzle," writes: I've quite enjoyed your recent blog posts. The one on Paul Krugman's idea about wage stagnation was particularly interesting to me. Both his post and yours had me thinking about a hypothesis I've had since the big recession hit, and I want to ask your thoughts.

New Talks by Hoover Fellows Recorded at the 2018 Spring Retreat

Tuesday, May 8, 2018

New Talks by Hoover Fellows Recorded at the 2018 Spring Retreat.


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