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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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Policy BriefsFeatured

John Cogan Tells Us How To Think About Entitlements

by John F. Coganvia PolicyEd
Wednesday, November 28, 2018

Entitlement programs fulfill the normal human desire to help those who cannot help themselves. But we must always remember that they also impose a penalty on work, because benefits have to be phased out as income rises. It is important to balance benefits granted and costs imposed.

Analysis and Commentary

Trump's Shocking Trade Preferences

by David R. Hendersonvia EconLog
Monday, November 26, 2018

I knew that Donald Trump has long been suspicious of international trade and has worn his uninformed anti-trade preferences as a badge of honor. I’ve argued with pro-Trump friends that his proposed replacement for NAFTA is good only because it isn’t as bad on trade as I feared it would be: it will, if passed, reduce gains from trade for both sides, but not as much as I had feared.

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Thomas Sowell on the Myths of Economic Inequality

interview with Thomas Sowellvia Uncommon Knowledge
Monday, November 26, 2018


What are the myths of economic inequality, and why is socialism often posed as the solution?

In the News

Struggling Multiemployer Plans See Help Ahead At Expense Of Healthy Funds

quoting Charles Blahousvia Pensions & Investments
Tuesday, November 20, 2018

With less than a week to produce a solution to a massive multiemployer pension underfunding problem, expectations of a special congressional committee are shifting from dramatic new ideas to some tough choices for plan sponsors.

In the News

World Trade Deal – An Exceedingly Good Option

quoting Niall Fergusonvia The Conservative Woman
Monday, November 19, 2018

There is much written about Brexit manoeuvres at the moment. Will the Protestants defeat the Romans in the long run (if you follow Niall Ferguson’s analogy)? Or has Sir Humphrey Appleby (aka Olly Robbins), on whom the Prime Minister so closely depends, outsmarted the ill-organised and ill-prepared dinosaurs, aka the Brexiteers (according to Adam Boulton’s thesis?


Trump’s Trade-Policy Uncertainty Deters Investment

by Steven J. Davisvia Chicago Booth Review
Wednesday, November 14, 2018

President Donald Trump has upended US trade policy: the particulars include a US pullout from the Trans-Pacific Partnership (TPP), threats to jettison the North American Free Trade Agreement, a refusal to affirm new World Trade Organization judges, tariff hikes on steel and other goods, frequent rhetorical attacks on major trading partners, and a wrong-headed obsession with bilateral trade deficits.

In the News

Job Openings Outnumbered Unemployed Americans By More Than One Million In September

quoting Steven J. Davisvia The Wall Street Journal
Tuesday, November 6, 2018

[Subscription Required] Difficulty filling high-skilled jobs is causing some businesses to adjust their strategies.

In the News

Quotation Of The Day

quoting Thomas Sowellvia AEI
Saturday, November 3, 2018

Quotation of the day on Trump’s trade war is from Thomas Sowell, being interviewed for the 50th anniversary issue of Reason.

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You Could Google It

by Richard Sousa, Nicolas Petitvia Hoover Digest
Monday, October 29, 2018
Economic analysis makes it clear: the efforts to break up big tech companies just don’t compute.
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Pension Reform: Economic Policy Challenges Facing California’s Next Governor

by Joshua D. Rauhvia Hoover Institution
Monday, October 29, 2018

Pension liabilities are one of the most important, and most poorly understood, fiscal challenges facing California. Unfunded pension liabilities are a large and growing fiscal burden for the state government and for local governments as well. For the state government, the share of pension contributions in the budget has increased by 350 percent since 2002. 


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