Business & Labor

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by Teresa Ghilarducci, Kevin Hassettvia The Washington Post
by Michael Spencevia Project Syndicate
by John H. Cochranevia Wall Street Journal
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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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Analysis and Commentary

David Deppner On Leadership, Confidence, And Humility

by Russ Robertsvia EconTalk
Monday, September 2, 2019

Can a great leader or manager be humble in public? Or is exuding confidence, even when it may not be merited, a key part of leadership? In this episode of EconTalk, host Russ Roberts talks with David Deppner, CEO of Psyberware, about an email David sent Russ wondering how Russ might reconcile his passion for humility and honesty with the demands put upon leaders to inspire followers with confidence in their vision.

Analysis and Commentary

Great Moments In The Labor Theory Of Value

by David R. Hendersonvia EconLog
Tuesday, August 27, 2019

American University has brought in an academic from the University of Washington-Tacoma with a curious mission for an academic institution: to teach academics not to grade on the writing ability of students as opposed to their “labor.” Professor Asao Inoue believes that writing ability should not be assessed to achieve “antiracist” objectives.

In the News

Trump And The Business Roundtable Create Unwanted Regime Uncertainty

cited Steven J. Davisvia Forbes
Monday, August 26, 2019

Last week, the Business Roundtable joined the ever-present Donald J. Trump in creating unwanted regime uncertainty. President Trump displayed his mercantilist machismo by threatening to go to the mat with China and America’s businesses. He promised more tariffs on China if Beijing did not comply with his demands. Then, the President turned his fury on America’s businesses; he ordered them to stop doing business with the Chinese. But, that wasn’t all. Trump also lashed out at the Chairman of the U.S. Federal Reserve Jerome Powell, labeling him an “enemy” and comparing him to Trump’s trade nemesis President Xi Jinping of China. Not surprisingly, the markets plunged. 

Featured

The End Of Shareholder Primacy?

by Michael Spencevia Project Syndicate
Monday, August 26, 2019

The recent decision by America's Business Roundtable to abandon its support for shareholder primacy was a long time coming, and reflects a broader shift toward socially conscious investment. Now that the multi-stakeholder model is receiving the attention it deserves, it will be incumbent on governments to create space for it to succeed.

Analysis and Commentary

Summers Tweet Stream On Secular Stagnation

by John H. Cochranevia Grumpy Economist
Friday, August 23, 2019

Larry Summers has an interesting tweet stream (HT Marginal Revolution) on the state of monetary policy. Much I agree with and find insightful: Can central banking as we know it be the primary tool of macroeconomic stabilization in the industrial world over the next decade?

Interviews

John Cochrane On The Ricochet Podcast

interview with John H. Cochranevia Ricochet
Friday, August 23, 2019

Hoover Institution fellow John Cochrane discusses the possibility of a recession.

Blank Section (Placeholder)Analysis and Commentary

The Specter Of Recession

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 22, 2019

When does the prospect of an economic slowdown justify government intervention?

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Area 45: Michael Boskin Discusses The Left’s Agenda

interview with Michael J. Boskinvia Matters of Policy & Politics
Wednesday, August 21, 2019

Are Democratic hopefuls offering sound ideas (Green New Deal, Universal Basic Income, Medicare-For-All) or economic illiteracy?

Featured

Milton Friedman On CEOs

featuring Milton Friedmanvia The Wall Street Journal
Tuesday, August 20, 2019

The late, great economist anticipated the Business Roundtable.

In the News

White House Insists ‘Fundamentals’ Of U.S. Economy Are Strong

quoting Lanhee J. Chenvia The Los Angeles Times
Monday, August 19, 2019

The “fundamentals” of the U.S. economy are solid, the White House asserted Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Trump’s reelection.

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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