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

Guaranteed Monthly Income: Boon Or Bane?

quoting Thomas Sowellvia American Thinker
Monday, October 14, 2019

"Tell us how you would spend $1,000 a month. Then if you win, you'll get the [contest] money and you'll get a whole lot of social media followers." —Andrew Yang, announcing his competition-based dry run for a guaranteed minimum income.

In the News

Private-Equity Deals Depress Worker Wages, Study Finds

quoting Steven J. Davisvia Market Watch
Monday, October 14, 2019

Private-equity deals result in worse pay for workers, and, depending on whether the buyout target was public or not, fewer jobs, according to a newly published study. The study of some 6,000 private-equity deals between 1980 and 2013 finds that the average pay per worker falls 1.7% after buyouts.

In the News

Trade Uncertainty Clouds Global Growth Prospects

quoting Steven J. Davisvia The Wall Street Journal
Sunday, October 13, 2019

[Subscription Required] Small steps toward a trade truce between China and the U.S. last week likely aren’t enough to diminish uncertainties that are holding back global economic growth. Negotiators agreed to put off a round of U.S. tariff increases set for this week but left undecided what will come of an additional round of tariffs scheduled for December or the tariffs on about $360 billion of imported Chinese goods already in place. 

In the News

Trading Silence For Access: The Cost of Doing Business In China

quoting Elizabeth Economyvia US News
Friday, October 11, 2019

Corporate stewardship is easy to execute when the stakes are low. It's easy when there isn't a loser, when the platitudes handed down from the C-suite are feel-good and vague, when foreign officials who control one of the most commercially significant markets on the planet aren't demanding some sort of action or apology, despite their regime's documented history of human rights abuses and trepidation for free speech.

Policy Seminar with Marco Di Maggio and Policy Seminar with Josh Rauh

Tuesday, October 8, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Marco Di Maggio, Ogunlesi Family Associate Professor of Business Administration at the Harvard Business School, discussed “Second Chance: Life without Student Debt,” (with Ankit Kalda, and Vincent W. Yao).

Josh Rauh, senior fellow and Director of Research at the Hoover Institution and the Ormond Family Professor of Finance at Stanford’s Graduate School of Business, discussed “Behavioral Responses to State Income Taxation of High Earners: Evidence from California,” (with Ryan J. Shyu).

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Brave New Automated World

by Michael Spencevia Hoover Digest
Wednesday, October 9, 2019

The digital revolution holds great promise for human well-being—if that revolution can be managed.

In the News

The Economy Is Dragging. End The Trade War.

quoting Steven J. Davisvia The Week
Friday, October 4, 2019

Economic expansions don't have a predetermined shelf life. They don't come with expiration dates or time limits. They don't die of old age. Australia hasn't experienced a recession — defined as two or more consecutive quarters of negative growth — since 1991. So the mere fact that the current U.S. expansion is the longest on record shouldn't necessarily be concerning.

Featured

Santelli Exchange: Ed Lazear On The Labor Market

interview with Edward Paul Lazearvia CNBC
Friday, October 4, 2019

Hoover Institution fellow Ed Lazear discusses the jobs report and productivity.

Policy Seminar with Jesús Fernández-Villaverde

Tuesday, September 24, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, discussed his future book with Lee Ohanian: Capitalism and Freedom in the 21st Century.

Event
Interviews

Tim Kane: Looking Beyond The Term 'Income Inequality'

interview with Timothy Kanevia Yahoo Finance
Friday, September 27, 2019

Hoover Institution fellow Tim Kane discusses the news that the number of US households living in poverty is down.

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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