Economic Theory


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Analysis and Commentary

Whose Tariff Rates Are Higher?

by David R. Hendersonvia EconLog
Tuesday, June 19, 2018

I’ve been having discussions with a number of pro-Trump friends who favor Trump’s raising of tariffs as a way to induce other countries’ governments to reduce their tariffs. They think my fear of a trade war is overstated.


John Taylor: Trump's Relationship With G-7 Members 'Worrisome,' Says Expert

interview with John B. Taylorvia CNBC
Monday, June 11, 2018

Hoover Institution fellow John Taylor weighs in on President Trump's agenda on the economy and trade.


The Social Security Trust Fund Goes Bust

by Charles Blahousvia The Wall Street Journal
Thursday, June 7, 2018

[Subscription Required] The downward spirals have begun. The combined Social Security trust funds—one for disability, one for retirement—as well as Medicare's hospital-insurance trust fund, will begin eating into their reserves this year, according to reports released this week by the programs' trustees.

Analysis and Commentary

Compassionate Diversified Capitalist

by David R. Hendersonvia EconLog
Thursday, June 7, 2018

Early Tuesday morning, a car crashed into a local McDonald's restaurant in Seaside, California, about 5 miles from where I live. The McDonald's caught on fire and collapsed. Fortunately all the employees were able to get out safely.

Analysis and Commentary

Lessons Of The ELB

by John H. Cochrane via Grumpy Economist
Tuesday, May 29, 2018

I gave a short presentation on monetary policy at the Nobel Symposium run by the Swedish House of Finance.


Raghuram Rajan Sees Possible "Magic Moment" On Inflation

interview with Raghuram Rajanvia Bloomberg
Friday, May 11, 2018

Hoover Institution fellow Raghuram Rajan explains why he is concerned about spillover effects on emerging markets from the policies of central banks in industrialized nations, adding that it’s appropriate for the Federal Reserve to be raising interest rates now as a precautionary move against the possibility of a "magic moment" when tighter labor markets around the world starts pushing up wages and causes inflation to accelerate.

In the News

JPMorgan CEO Jamie Dimon: Odds For The Next Recession Are 100 Percent

quoting Niall Fergusonvia Observer
Tuesday, May 8, 2018

Jamie Dimon’s outlook for the next economic recession is like a fortune teller predicting your death: It will eventually come, but it’s hard to say when.

New Talks by Hoover Fellows Recorded at the 2018 Spring Retreat

Tuesday, May 8, 2018

New Talks by Hoover Fellows Recorded at the 2018 Spring Retreat.

Michael Auslin 2018
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Spying, Stealing, and Subordination: Dealing with the New China Rules

featuring Michael R. Auslinvia Fellow Talks
Tuesday, May 8, 2018

Michael Auslin, Williams-Griffis Fellow in Contemporary Asia, gives a talk titled "Spying, Stealing, and Subordination: Dealing with the New China Rules."

Office HoursFeatured

Office Hours: Terry Anderson On Free Market Environmentalism

by Terry Andersonvia PolicyEd
Tuesday, May 8, 2018

Hoover Institution fellow Terry Anderson responds to your questions on free market environmentalism.


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