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

What About Capital?

by David R. Hendersonvia EconLog
Tuesday, April 10, 2018

In his post this morning, co-blogger Bryan Caplan attributes increased worker productivity to two factors:
1. Practice.
2. Management.

In the News

Are Soybean Tariffs Irrelevant?

quoting John H. Cochranevia Seeking Alpha
Tuesday, April 10, 2018

I've seen the argument that China's tariffs on soybeans will have no effect because the soybeans will be relabeled so that US soybeans go to Europe, and soybeans that previously went to Europe go to China, evading Chinese tariffs on US soybeans. John Cochrane makes this point

Interviews

Santelli Exchange: Ed Lazear On The Jobs Report

interview with Edward Paul Lazearvia CNBC
Friday, April 6, 2018

Hoover Institution fellow Ed Lazear discusses labor statistics and wages as well as whether the labor market is still in recovery mode.

Featured

How To Make Trade Peace With China

by Martin Feldsteinvia Wall Street Journal
Wednesday, April 4, 2018

A mutual promise to abide by the WTO’s intellectual property rules would solve much of the problem.

In the News

Want A Purpose-Driven Business? Know The Difference Between Mission And Purpose

quoting William Damonvia Fast Company
Monday, April 2, 2018

Young people want to work for purpose-driven businesses–but your purpose has to be something more than just rephrasing your business model.

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Area 45: Big Brother Facebook Is Watching You

interview with Niall Fergusonvia Area 45
Monday, April 2, 2018

Have Facebook and Mark  Zuckerberg fulfilled George Orwell’s vision of a society addicted to an all-knowing, all-watching telescreen? Niall Ferguson weighs in.

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Reasonable Disagreements: New Reforms for Misguided Financial Regulations

featuring Richard A. Epstein, Adam J. Whitevia Reasonable Disagreements
Friday, March 30, 2018

Introducing Reasonable Disagreements with Richard Epstein and Adam White—who discuss and analyze the top legal issues of the day, and debate points of disagreement between their libertarian and conservative perspectives.

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Senator Portman on Why the New Tax Bill Helps the Middle Class

interview with Robert Portman via Uncommon Knowledge
Thursday, March 29, 2018

AUDIO ONLY

The Positive Effects of the New Tax Bill Are Already Being Seen. 

John Taylor on a blue background with text Understanding the Unemployment Rate
Econ 1 w/ John TaylorFeatured

Understanding The Unemployment Rate

by John B. Taylorvia PolicyEd
Wednesday, March 28, 2018

The unemployment rate is the percentage of unemployed workers in the total labor force. The economic models utilize the unemployment rate to explain short-term fluctuations and long-term trends, such as job loss and recession. This makes the unemployment rate important as it determines the health of the economy when establishing economic policies.

Featured

A Debt Crisis Is On The Horizon

by Michael J. Boskin, John H. Cochrane, John F. Cogan, George P. Shultz, John B. Taylorvia The Washington Post
Tuesday, March 27, 2018

We live in a time of extraordinary promise. Breakthroughs in artificial intelligence, 3D manufacturing, medical science and other areas have the potential to dramatically raise living standards in coming decades. But a major obstacle stands squarely in the way of this promise: high and sharply rising government debt.

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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