Business & Labor

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

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China's Likely Afraid Of Trade War Escalation, Says Niall Ferguson

interview with Niall Fergusonvia CNBC
Thursday, February 7, 2019

Hoover Institution fellow Niall Ferguson discusses what to expect from President Trump's trade policy.

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: The New Progressive Agenda

interview with Richard A. Epsteinvia The Libertarian
Thursday, February 7, 2019

Examining a raft of left-wing policy proposals from 2020 presidential candidates.

Analysis and Commentary

Customs Officer Discovers Effects Of International Trade

by David R. Hendersonvia EconLog
Sunday, February 3, 2019

About a week after I was made a Commissioner of the Customs, upon looking over the list of prohibited goods, (which is hung up in every Customhouse and which is well worth your considering) and upon examining my own wearing apparel, I found, to my great astonishment, that I had scarce a stock, a cravat, a pair of ruffles, or a pocket handkerchief which was not prohibited to be worn or used in G. Britain. 

Analysis and Commentary

Good News On Employment

by David R. Hendersonvia EconLog
Friday, February 1, 2019

The latest data (for January) on employment and unemployment came out this morning and the news is good. The biggest news: The labor force participation rate, which has been the sick puppy this century, rose by 0.1 percentage point, from 63.1 percent to 63.2 percent. The employment to population ratio rose by 0.1 percentage point, from 60.6 percent to 60.7 percent.


Niall Ferguson: Doubt China's Xi Jinping Can Offer US Agreeable Deal

interview with Niall Fergusonvia CNBC
Thursday, January 24, 2019

Hoover Institution fellow Niall Ferguson discusses the impact of the trade war between the US and China.

Scott Adams
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How To Fail At Almost Everything With Scott Adams

interview with Scott Adamsvia Uncommon Knowledge
Thursday, September 14, 2017

Scott Adams on Life, Business, Talent Stacks, and Trump.

Thomas Sowell discusses Intellectuals and Society on Uncommon Knowledge.

Thomas Sowell discusses his essay “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich.’”

with Thomas Sowellvia Uncommon Knowledge
Monday, September 17, 2012

This week on Uncommon Knowledge, Hoover fellow and author Thomas Sowell discusses his essay “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich.’” (39:52)
“Now anyone who studied history knows that for the first 150 years of this country the federal government did not intervene when the economy turned down. And all that time the downturns all corrected themselves; one of the most classic examples was under Warren G. Harding when, during his first year in office, he found the unemployment rate at 11.7 percent. He did absolutely nothing; he did not spend more government money, he cut back on spending. The Federal Reserve had the interest rates up at 6 or 7 percent, not down at 1 percent, where they are now. The next year unemployment was at 6.7 percent; the year after that it was 2.4 percent. So the economy has recuperative powers. I mean employers have an incentive to hire people. Workers have an incentive to get jobs. Lenders have incentives to lend.”

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Better Pay for Better Teachers

by Lee Ohanianvia Hoover Digest
Friday, January 25, 2019

Who really stands in the way of higher pay for teachers? Teachers’ unions.

In the News

Brexit Flight, China Talks, Deutsche And Danske

quoting Michael Spencevia Fortune
Wednesday, January 23, 2019

The trade war between the U.S. and China has had dramatic affects on the global economy — that much is clear from conversations with executives here. U.S. companies have shifted supply chains out of China to avoid tariffs. And more dramatically, Chinese companies have reduced investment plans in the U.S. As I mentioned Monday, the percentage of Chinese executives who cite the U.S. as their top market for investment dropped precipitously in PWC’s annual CEO survey from 59% last year to 17% this year.

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There’s Room to Grow

by Edward Paul Lazearvia Hoover Digest
Friday, January 25, 2019

The economy appears to be approaching full employment—without approaching limits on its ability to keep expanding. We’re going well, in a word, but not overdoing it.


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