Business & Labor

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by Michael Spencevia Project Syndicate
by John H. Cochranevia Wall Street Journal
Bank of America
interview with Stephen Habervia Wall Street Journal Live
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by Lee Ohanian, Edward Prescottvia Wall Street Journal

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In the News

Battle Over “Progressive” Solutions Leaves Independent Contractors On Edge

quoting Thomas Sowellvia The Orange County Register
Wednesday, September 11, 2019

As the final week of the legislative session was winding down, the Senate and Assembly in party-line votes approved Assembly Bill 5, which will codify the state Supreme Court’s Dynamex ruling, leaving as many as 2 million freelance workers with an unsure future.

Analysis and Commentary

Daron Acemoglu On Shared Prosperity And Good Jobs

by Russell Robertsvia EconTalk
Monday, September 9, 2019

Economist and author Daron Acemoglu of MIT discusses with EconTalk host Russ Roberts the challenge of shared prosperity and the policies that could bring about a more inclusive economy. Acemoglu argues for the importance of good jobs over redistribution and makes the case for the policies that could lead to jobs and opportunities across skill levels.

Analysis and Commentary

Author On British Inheritance Misses Two Important Points

by David R. Hendersonvia EconLog
Saturday, September 7, 2019

In a recent article titled “Is property inheritance widening the wealth gap?” author James Gordon points out that people in Britain who own houses will often leave them to their adult children and, thus, adult children of Brits with no houses will see a large gap between their wealth and those of their housing-endowed peers.

Blank Section (Placeholder)Analysis and Commentary

Area 45: Tim Kane’s Economic “Beauty Contest”

interview with Timothy Kanevia Area 45
Wednesday, September 4, 2019

The importance of valuation with regard to America’s  economy.

Analysis and Commentary

Tim Kane: How Do You Measure Value? And Other Great Questions For Labor Day

by Timothy Kanevia Fox News
Monday, September 2, 2019

As Americans celebrate Labor Day 2019, robots are stealing their jobs, as are immigrants, as are cheap imports from China. The first puzzle is: if all of these nefarious forces of free markets are stealing jobs, how is it that there are more Americans employed than ever before?

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.

Young Adults
In the News

Can They Ever Catch Up?

quoting Lee Ohanianvia Stanford Magazine
Sunday, September 1, 2019

The Great Recession set millennials back. A decade later, they haven’t recovered. Here’s what’s going on.

Analysis and Commentary

David Deppner On Leadership, Confidence, And Humility

by Russell Robertsvia EconTalk
Monday, September 2, 2019

Can a great leader or manager be humble in public? Or is exuding confidence, even when it may not be merited, a key part of leadership? In this episode of EconTalk, host Russ Roberts talks with David Deppner, CEO of Psyberware, about an email David sent Russ wondering how Russ might reconcile his passion for humility and honesty with the demands put upon leaders to inspire followers with confidence in their vision.

Analysis and Commentary

Great Moments In The Labor Theory Of Value

by David R. Hendersonvia EconLog
Tuesday, August 27, 2019

American University has brought in an academic from the University of Washington-Tacoma with a curious mission for an academic institution: to teach academics not to grade on the writing ability of students as opposed to their “labor.” Professor Asao Inoue believes that writing ability should not be assessed to achieve “antiracist” objectives.

In the News

Trump And The Business Roundtable Create Unwanted Regime Uncertainty

cited Steven J. Davisvia Forbes
Monday, August 26, 2019

Last week, the Business Roundtable joined the ever-present Donald J. Trump in creating unwanted regime uncertainty. President Trump displayed his mercantilist machismo by threatening to go to the mat with China and America’s businesses. He promised more tariffs on China if Beijing did not comply with his demands. Then, the President turned his fury on America’s businesses; he ordered them to stop doing business with the Chinese. But, that wasn’t all. Trump also lashed out at the Chairman of the U.S. Federal Reserve Jerome Powell, labeling him an “enemy” and comparing him to Trump’s trade nemesis President Xi Jinping of China. Not surprisingly, the markets plunged. 

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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