Business & Labor

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by Michael Spencevia Project Syndicate
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interview with Stephen Habervia Wall Street Journal Live
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by Lee Ohanian, Edward Prescottvia Wall Street Journal

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Blank Section (Placeholder)Analysis and Commentary

The Libertarian: California’s Diversity Quota

interview with Richard A. Epsteinvia The Libertarian
Tuesday, October 2, 2018

The Golden State mandates women on corporate boards.

The StateFeatured

How The California Supreme Court Is Eliminating Many Of The State’s Independent Contractors

by Lee Ohanianvia California on Your Mind
Tuesday, September 25, 2018

Earlier this year, the California Supreme Court reclassified what it means to be an independent contractor in the state.

Analysis and Commentary

Wages Have Grown More Than Many Of Us Thought

by David R. Hendersonvia EconLog
Friday, September 21, 2018

Standard wage data show that between the spring of 2017 and the spring of 2018, real wages in the U.S. increased only 0.1%. But there are three major problems with these data. First, they don’t account for fringe benefits, which are an increasing proportion of employee pay. Second, standard wage data use an index that overstates the inflation rate. Third, each year the composition of the workforce changes, as older, higher-paid workers retire and young, lower-paid workers enter the workforce.

Analysis and Commentary

Rogge's Effect On Trade

by David R. Hendersonvia EconLog
Thursday, September 20, 2018

To the direct success we have achieved—the sinking of fifteen ships of more than 100,000 tons aggregate, often with most valuable cargo—should be added the indirect effect on the trade war, such the tying-down of warships and the diversion of merchant ships near the coast, which must have resulted in a higher consumption of fuel and a slower turn-round of the ships.

In the News

Ohio Can Save The American Dream, Repel Robot Revolution With Better Job Skills, Mayors Are Told

quoting Eric Hanushekvia Cleveland.com
Wednesday, September 12, 2018

Ohio faces high stakes as it tries to close its so-called skills gap, experts told mayors from across the state Monday. Try billions of dollars in earnings, the future of the American dream and the odds of surviving the coming robot revolution.

Featured

Elizabeth Warren’s Corporate Illogic

by Richard A. Epsteinvia The Wall Street Journal
Tuesday, September 11, 2018

American corporate law provides that boards of directors are chosen solely by shareholders, to whom the directors owe an exclusive fiduciary duty to maximize shareholder value. That simple proposition has generated benefits not only for shareholders but also for workers, suppliers, customers, bondholders and communities.

Interviews

Lanhee Chen: 'Does Not Get Any Better Than This' For Labor Force Participation (6:13)

interview with Lanhee J. Chenvia CNBC
Friday, September 7, 2018

Hoover Institution fellow Lanhee Chen discusses the jobs report.

BusinessFeatured

Will Corporate California Go The Way Of Quotas?

by Bill Whalenvia California on Your Mind
Thursday, September 6, 2018

To the adage “let’s keep politics out of the bedroom,” what about California’s government intervening in the boardroom?

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: Elizabeth Warren’s Surreptitious Socialism

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 30, 2018

A new bill from the Massachusetts senator would upend American business.

In the News

Why Doesn't A Candidate Get The Job?

quoting Steven J. Davisvia Petoskeynews.com
Tuesday, August 28, 2018

Being ready for the career or job you want is the most important aspect of obtaining the position. It remains true that your appearance, your desire to work, your ability to communicate, and your positive attitude are most important. I often hear from business people that if a person shows up for an interview with these soft skills, the company would hire them and train the specific skills needed to perform the job.

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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