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In the News

Wrong

by Russ Robertsvia Cafe Hayek
Friday, June 12, 2009

Over at Freakonomics (HT: Planet Money), Justin Wolfers cites this graph as proof that the rich have gotten most of the income gains in the last 35 years:...

In the News

The Einstein of compensation

by Russ Robertsvia Cafe Hayek
Thursday, June 11, 2009

Congress is thinking of "reining in" executive pay (HT: Drudge Report)...

In the News

Permanent Tax Cuts: The Best Stimulus

with John B. Taylorvia National Center for Policy Analysis
Thursday, June 11, 2009

When it comes to stimulating the economy, what works?...

In the News

Trust remains the key variable

with Victor Davis Hansonvia Gulf News (Dubai)
Wednesday, June 10, 2009

Victor Davis Hanson, a historian at the Hoover Institution, Stanford University, writes: "After the junk bond meltdown, the S&L [savings-and-loan] debacle, and now the financial panic, in just a few years the financial community destroyed the ancient wisdom: deal in personal trust; your word is your bond; avoid extremes; treat the money you invest for others as something sacred; don't take any more perks than you would wish others to take; don't borrow what you couldn't suddenly pay back; imagine the worse case financial scenario and expect it may well happen; the wealthier you become the more humble you should act."...

In the News

Can this man put Chrysler back on the road?

with Richard A. Epstein, Todd Zywickivia Financial Post (Canada)
Wednesday, June 10, 2009

Italian automaker Fiat SpA has finalized its government-brokered rescue of Chrysler LLC in a whirwind bankruptcy case legal scholars warn could destabilize investment markets while creating a new auto alliance with no guarantee of success...

In the News

Cultural Literacy in Retreat

with Diane Ravitchvia Chronicle of Higher Education
Tuesday, June 9, 2009

Anybody who has sat in on curriculum meetings and projects in the humanities has experienced those awkward moments when it comes down to selecting certain contents and materials as essential and required...

Analysis and Commentary

Why The Taylor Act Must Go

by Richard A. Epsteinvia Forbes
Tuesday, June 9, 2009

On previous occasions, I have lamented about the manifest dangers of public unions...

In the News

GOP seeks to trim stimulus, cut deficit

with John F. Coganvia Washington Times
Monday, June 8, 2009

With the economy showing signs of recovery, fiscally conservative economists and Republican lawmakers are suggesting that the large unspent portion of the nearly $800 billion stimulus fund should be redirected to slash this year's nearly $2 trillion annual deficit...

In the News

Still probably right but for the wrong reasons

by Russ Robertsvia Cafe Hayek
Sunday, June 7, 2009

Innocent Bystanders has updated the graph (HT: Zev Fredman) using the May numbers:...

In the News

Cash in on the war between inflation and deflation

with Niall Fergusonvia Times (UK)
Sunday, June 7, 2009

Some of the world’s highest-profile economists and investors are warning that inflation may be on its way back and could hit double figures in the next five years...

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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