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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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.


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.


Corporations Will Do Less For Society If They Are Mandated To Do More

by Lee Ohanianvia The Hill
Wednesday, September 25, 2019

Treasury Secretary Steve Mnuchin recently criticized 181 CEOs of leading corporations, including Apple, Amazon and Walmart, who signed a statement redefining the purpose of a corporation.

In the News

The Minimum Wage Lie

quoting Thomas Sowellvia The Daily Campus
Wednesday, September 25, 2019

With the minimum wage set to increase beginning next week in the state of Connecticut, we are once again reminded that our political leaders believe themselves to be more competent than the free market and the individual actors who operate within it. Though the narrative is routinely given precedence, here is the fact of the matter: Wage floors only help the politicians who promise them.

In the News

The Life-Changing Magic Of Working A Bit Longer

quoting John Shovenvia Southeast Missourian
Monday, September 23, 2019

Retirement experts frequently recommend working longer if you haven't saved enough. But you may not realize just how powerful a little extra work can be. Researchers who compared the relative returns of working longer versus saving more last year reached some startling findings.

Analysis and Commentary

Dani Rodrik On Neoliberalism

by Russell Robertsvia EconTalk
Monday, September 23, 2019

Dani Rodrik of Harvard University talks about neoliberalism with EconTalk host Russ Roberts. Rodrik argues that a dogmatic embrace of markets has increased inequality and limited who benefits from economic growth. He argues for a more interventionist approach to the economy with the goal of better-paying jobs and more widely shared prosperity.

In the News

Don’t Give Up On The Tax Cuts And Jobs Act Just Yet

mentioning Kevin Hassettvia American Enterprise Institute
Monday, September 16, 2019

Corporate tax reform — specifically, the federal corporate rate cut to 21 percent — was a centerpiece of the December 2017 Tax Cuts and Jobs Act (TCJA). For decades, while other countries cut rates, the US did not change its corporate tax rate, resulting in the US having the highest statutory corporate tax rate in the developed world in 2017. Even when comparing effective tax rates, the US rate was well above that of the Organisation for Economic Co-operation and Development countries.


The Economic Blowback If California’s Independent Contractors Are Eliminated

by Lee Ohanianvia California on Your Mind
Tuesday, September 17, 2019

Last week, the California Senate passed a new bill that will cause somewhere between one million to two million workers, perhaps even more, to lose their status as independent contractors. If California governor Gavin Newsom signs the bill, an independent contractor will have to satisfy the following legally binding criteria:

1. Be free from the “control and direction” of their employer
2. Be performing work that is “outside the course” of the company’s usual business
3. Have their own independently established trade, occupation, or business


Transcript: Condoleezza Rice On "Face The Nation," September 15, 2019

interview with Condoleezza Ricevia Face the Nation (CBS)
Sunday, September 15, 2019

Hoover Institution fellow Condoleezza Rice discusses John Bolton, foreign policy, Russia, employment, automation, trade, education, and much more.

In the News

Battle Over “Progressive” Solutions Leaves Independent Contractors On Edge

quoting Thomas Sowellvia The Orange County Register
Wednesday, September 11, 2019

As the final week of the legislative session was winding down, the Senate and Assembly in party-line votes approved Assembly Bill 5, which will codify the state Supreme Court’s Dynamex ruling, leaving as many as 2 million freelance workers with an unsure future.


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