Economic Theory

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Fragile by Design Book Cover
Best Books Of 2014
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featuring Charles Calomiris, Stephen Habervia Financial Times
Robert Solow on Growth and the State of Economics
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by Russ Robertsvia EconTalk
The Economic Nuances of the Latest Nobel Laureate
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by David R. Hendersonvia Wall Street Journal
Economic Crisis
John Taylor's Reply to Alan Blinder
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by John B. Taylorvia Wall Street Journal
Economics Abstract
The Failure of Macroeconomics
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by John H. Cochrane mentioning John B. Taylor, Edward Paul Lazear, Robert E. Hallvia Wall Street Journal

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In the News

There's gold in them thar standards!

with Milton Friedmanvia Atlantic Monthly
Tuesday, September 4, 2007

Someone rather more partial to Ron Paul's arguments in favor of the gold standard than I am asks me to write a post outlining my objections to it...

Articles
In the News

The signs flash: government waste

with Milton Friedmanvia Orange County Register
Tuesday, September 4, 2007

Even small-scale squandering of taxpayer money betrays wrong priorities...

Articles
In the News

Regulators Urge Refinancing of Securitized Mortgages

with Milton Friedmanvia Bloomberg
Tuesday, September 4, 2007

U.S. bank regulators, facing the worst housing slump in 16 years, called on mortgage lenders to stave off foreclosures by cutting or postponing home payments for cash-strapped borrowers...

Articles
In the News

George Shultz on Economics, Human Rights and the Fall of the Soviet Union

by Russ Roberts with George P. Shultzvia EconTalk
Monday, September 3, 2007

George Shultz, the Thomas W. and Susan B. Ford Distinguished Fellow at Stanford's Hoover Institution and Secretary of State under Ronald Reagan, talks with EconTalk host Russ Roberts about the role of economics in his career, the tension between morality and pragmatism in foreign policy, and the role of personalities and economics in diplomacy, particularly in US/Soviet relations in the 1980s...

Articles
In the News

No equation for current volatility

with Milton Friedmanvia Contra Costa Times
Monday, September 3, 2007

For summer reading during my vacation in Maine, I picked up a copy of David Warsh's "Knowledge and the Wealth of Nations..."

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Analysis and Commentary

Real crises aren't fixed overnight

by Niall Fergusonvia Los Angeles Times
Monday, September 3, 2007

It is extremely hard to know how big a crisis is while it is actually unfolding...

Articles
In the News

Shultz on economics and foreign policy

by Russ Roberts with George P. Shultz, Milton Friedmanvia Cafe Hayek
Monday, September 3, 2007

This week's EconTalk is an interview with George Shultz...

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In the News

Two Heavyweights Weigh In on Greenspan’s Legacy

with John B. Taylorvia Wall Street Journal
Sunday, September 2, 2007

Provocative speeches by two of academia’s most prominent economists served as telling comments on the legacy of Alan Greenspan -– without naming him...

Articles
In the News

Few Expect a Panacea in a Rate Cut by the Fed

with John B. Taylorvia New York Times
Sunday, September 2, 2007

Would cheaper money relieve the anxiety in financial markets about shoddy mortgages and declining home prices?

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In the News

The public-private job licensure racket

with Milton Friedmanvia Pittsburgh Tribune-Review
Sunday, September 2, 2007

Want to become an accountant, architect, barber, chiropractor, cosmetologist, dental hygienist, dentist, paramedic, funeral director, hearing aid fitter, insurance agent, land surveyor, lawyer, nursing home administrator, nurse, occupational therapist, optometrist, pesticide applicator, pharmacist, physical therapist, physician assistant, physician, podiatrist, psychologist, public school teacher, real estate agent, real estate appraiser, school counselor, stock broker, social worker, truck driver, veterinarian or vet's assistant?

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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