Economic Theory

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Featured

How To Repair ObamaCare’s Fiscal Damage

by Charles Blahousvia Wall Street Journal
Thursday, March 16, 2017

Repealing the Affordable Care Act could reduce the federal deficit as much as $1 trillion over a decade.

Policy Seminar with Jonathan Meer

Wednesday, February 22, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Jonathan Meer, Associate Professor of Economics at Texas A&M University, discussed the topic “Recent Research on the Minimum Wage.” Classical models of labor markets suggest that the minimum wage should reduce employment. 

Event

Policy Seminar with Lawrence Summers

Monday, March 6, 2017
Annenberg Conference Room, Lou Henry Hoover Building

Lawrence Summers, President Emeritus and Charles W. Eliot University Professor at Harvard University, and former U.S. treasury secretary, talked about “Responsible Nationalism.” 

Event
Interviews

Ed Lazear: Wage Growth Signals Good Things For Economic Recovery

interview with Edward Paul Lazearvia CNBC
Friday, March 10, 2017

Hoover Institution fellow Ed Lazear says that upticks in labor participation and wage growth and a decline in workers taking part-time jobs for involuntary reasons show that the economy is steadily recovering.

Senator Tom Cotton, Immigration Reform, and the RAISE Act
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Senator Tom Cotton, Immigration Reform, And The RAISE Act

interview with Thomas Cottonvia Uncommon Knowledge
Thursday, March 9, 2017

Reforming current legal immigration and refugee legislation.

Uncommon Knowledge
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Senator Tom Cotton, Immigration Reform, And The RAISE Act

interview with Thomas Cottonvia Uncommon Knowledge
Thursday, March 9, 2017

AUDIO ONLY
Reforming current legal immigration and refugee legislation.

Analysis and Commentary

Target The Spread

by John H. Cochranevia Grumpy Economist
Tuesday, March 7, 2017

What should the Federal Reserve do, to control inflation, given that nominal interest rate = real interest rate + expected inflation, and that real interest rates vary over time in ways that the Fed cannot directly observe?

Featured

Ed Lazear: Tax Cuts May Stimulate Economy And GDP Growth

interview with Edward Paul Lazearvia Fox Business
Thursday, March 2, 2017

Hoover Institution fellow Ed Lazear discusses how tax cuts could push the economy towards 3% GDP growth. Lazear said we need to stimulate growth and tax cuts on capital/investments will help the economy grow.

Featured

What Do Economists Know?

by Russ Robertsvia Medium
Thursday, March 2, 2017

A journalist once asked me how many jobs NAFTA had created or destroyed. I told him I had no reliable idea. Certainly jobs had been lost when factories closed and moved to Mexico but other jobs had been gained because Americans now had more resources and increased their demand for products that would not be easy to identify.

Analysis and Commentary

Policy Is The Problem

by John B. Taylorvia International Monetary Fund
Thursday, March 2, 2017

Productivity growth is depressingly low now—actually negative—but there is nothing secular about this.

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