Economic Theory

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Interviews

Tim Kane: Eight Tries And Still No Robust Job Recovery

interview with Timothy Kanevia CNBC
Friday, September 2, 2016

Hoover Institution fellow Tim Kane discusses the latest jobs report and the millions of people who have dropped out of the labor force.

Interviews

John Taylor: Why The Taylor Rule Still Applies To The Federal Reserve

interview with John B. Taylorvia Bloomberg
Friday, September 2, 2016

Hoover Institution fellow John Taylor explains why the Taylor Rule still applies to the Federal Reserve as well as what he believes the normal interest rate should be.

Interviews

John Taylor: Market Can Benefit From Rate Normalization

interview with John B. Taylorvia Bloomberg
Friday, September 2, 2016

Hoover Institution fellow John Taylor discusses the August jobs report miss and what it may mean to the Federal Reserve's potential rate hike. Taylor believes the Fed can benefit from a gradual normalization.

Analysis and Commentary

No, Ben Bernanke, He Wasn't

by David R. Hendersonvia EconLog
Friday, September 2, 2016

Hamilton was without doubt the best and most foresighted economic policymaker in U.S. history. So writes former Fed chairman Ben Bernanke.

Featured

Clintonomics vs. Trumponomics

by Michael J. Boskinvia Project Syndicate
Friday, September 2, 2016

Little more than two months from America’s presidential election, Hillary Clinton leads Donald Trump by five points in opinion polls, nationally and in several important swing states. 

Featured

Settlement Skulduggery

by John H. Cochranevia Grumpy Economist
Thursday, September 1, 2016

Andy Koenig had a WSJ oped on a subject getting far too little attention. When the government goes after big companies such as banks, and obtains huge out of court settlements, just where does the money go?

Analysis and Commentary

Paid Parental Leave Is Not A Free Lunch

by David R. Hendersonvia Forbes
Friday, August 26, 2016

On her website, Democratic presidential candidate Hillary Clinton calls for “up to 12 weeks of paid family leave and medical leave” for an employee to “care for a new child or a seriously-ill family member.” She claimed, in her acceptance speech for the Democratic presidential nomination, that this would benefit women with children.

Analysis and Commentary

The Economics Of Paid Parental Leave

by David R. Hendersonvia EconLog
Wednesday, August 31, 2016

On her website, Democratic presidential candidate Hillary Clinton calls for "up to 12 weeks of paid family leave and medical leave" for an employee to "care for a new child or a seriously-ill family member."

Reduce Inequality? Not If It Affects My Livelihood!

by Alvin Rabushka
Wednesday, August 31, 2016

Most leading American universities have established “Centers for the Study of Inequality.” Reducing inequality is one leg of the holy academic triad of diversity, sustainability, and reducing inequality. 

In the News

Bill Gross: Janet Yellen Has ‘Mastered The Art Of Market Manipulation’

quoting Kevin Warshvia The Wall Street Journal
Wednesday, August 31, 2016

Bond investor Bill Gross loves to criticize central banks. The general gist, expressed many times by the Janus Capital money manager in recent years (see: here, here, here, here, here, etc.), is that central banks are reaching the limits of their effectiveness by keeping short-term interest rates near zero or in negative territory.

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