Economic Theory

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Blank Section (Placeholder)Analysis and Commentary

Reasonable Disagreements: In Defense Of Classical Liberalism (Among Other Things)

interview with Richard A. Epstein, Adam J. Whitevia Reasonable Disagreements
Wednesday, June 19, 2019

Who are the critics of classical liberalism—namely, modern-day advocates for socialism.

Featured

Why Are The Western Middle Classes So Angry?

by Victor Davis Hansonvia Bozeman Daily Chronicle (MT)
Wednesday, June 12, 2019

What is going on with the unending Brexit drama, the aftershocks of Donald Trump’s election and the “yellow vests” protests in France? What drives the growing estrangement of southern and eastern Europe from the European Union establishment? What fuels the anti-EU themes of recent European elections and the stunning recent Australian re-election of conservatives?

Interviews

Raghuram Rajan: CEO Initiative 2019: A Conversation About Capitalism

interview with Raghuram Rajanvia Fortune
Tuesday, June 11, 2019

Hoover Institution fellow Raghuram Rajan argues that capitalism needs both top-down reforms and bottom-up policies to maintain trust in a market economy.

Policy Seminar with Emily Kapur

Tuesday, June 11, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Emily Kapur, trial attorney at Quinn Emanuel Urquhart & Sullivan and member of the Hoover Working Group on Economic Policy Resolution Project Committee, discussed “Stablecoins: the Promise and Perils.”

Event

Policy Seminar with Charles Calomiris

Friday, May 31, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Charles Calomiris, Distinguished Visiting Fellow at Hoover, Henry Kaufman Professor of Financial Institutions at Columbia Business School, Director of the Business School’s Program for Financial Studies and its Initiative on Finance and Growth in Emerging Markets, and Professor at Columbia’s School of International and Public Affairs, discussed “Monetary Policy and Exchange Rate Returns: Time-Varying Risk Regimes.”

Event
Interviews

Michael Spence: Can Economics Help The Fight Against Climate Change?

interview with Michael Spencevia Monocle
Sunday, June 9, 2019

Hoover Institution fellow Michael Spence discusses how economics can help fight climate change.

Green Energy
In the News

Revisiting The Old New Deal

quoting Lee Ohanianvia Washington Examiner
Wednesday, June 5, 2019

When Alexandria Ocasio-Cortez and her allies proposed a new stimulus package to take on climate change and income inequality, they called it the Green New Deal. Their reasoning for the economic program’s name is obvious. It pays homage to the New Deal, a bundle of transformative economic reforms captained by President Franklin D. Roosevelt during the Great Depression. Like the original New Deal, the Green New Deal includes massive government intervention in the American economy through more spending, regulation, and taxes.

In the News

Fed's Dot Plot, QE, Average Inflation: Fed Conference Takeaways

quoting John B. Taylorvia Bloomberg
Wednesday, June 5, 2019

The Federal Reserve wound up its two-day framework conference on Wednesday with little consensus on what can be done to better prepare for the next big recession.

In the News

Three Cheers For A Two-Eyed Economist

featuring Raghuram Rajanvia The Washington Times
Tuesday, June 4, 2019

Harry Truman famously remarked that he wished he could find a one-armed economist since all the ones he had to deal with were constantly weasel-wording their advice with “on the one hand” and “on the other hand.” As one who routinely had to read and try to squeeze meaning out of the verbiage of White House economic advisors as a speechwriter for presidents Nixon, Ford and Reagan, I know exactly how Truman felt.

Interviews

David Mulford On India, China, And Economic Trends

interview with David C. Mulfordvia The Federalist
Monday, June 3, 2019

Hoover Institution fellow David Mulford weighs in on populism in Indian elections, major concerns over relations with China, Brexit, and his time as US Ambassador to India as it emerged as an economic power.

Pages

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