Fiscal Policy


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Entitlements: What We Must Do

by John F. Coganvia Hoover Digest
Monday, October 29, 2018

For some seven decades, entitlement programs have grown almost continuously—and yet, even now, it may not be too late to bring them under control. Adapted from Hoover fellow John F. Cogan’s Hayek Prize lecture.

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How the World Recovered: The 2008 Financial Crisis Ten Years Later

interview with George Osborne, Kevin Warshvia Uncommon Knowledge
Wednesday, October 17, 2018


Analyzing the Global Financial Crisis and Its Aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.

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How The World Recovered: The 2008 Financial Crisis Ten Years Later

interview with Kevin Warsh, George Osbornevia Uncommon Knowledge
Wednesday, October 17, 2018

Analyzing the global financial crisis and its aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.

Federal Reserve
In the News

Trump, Inflation, And The Fed

quoting Edward Paul Lazearvia The Weekly Standard
Saturday, October 13, 2018

Donald Trump wants fewer and later. Jay Powell, chairman of the Fed, more and sooner. He is confident that his plan is what the booming economy needs: raise the Fed’s benchmark interest rate from its current range of 2 percent to 2.25 percent by a quarter of a point in December, and by similar amounts three times during 2019. Those increases would bring the Fed Funds rate to about 3.00 percent, which the Fed considers the neutral rate that would keep the economy growing at a non-inflationary rate.


Renewing Indigenous Economies

featuring Terry Andersonvia Indian Country Today
Friday, October 5, 2018

In 1879, after Chief Joseph and his band were sent to live in Oklahoma, far from their ancestral land in the Northwest, he said, “Let me be a free man, free to travel, free to stop, free to work, free to trade where I choose, free to choose my own teachers, free to follow the religion of my fathers, free to talk, think and act for myself.”

In the News

Investors Feel Banks’ Lending Pinch

featuring Darrell Duffievia Top 1000 Funds
Friday, October 5, 2018

Regulation of liquidity in over-the-counter markets in fixed income, commodities and currencies is having a profound impact on funding costs. Professor Darrell Duffie explained to delegates at the Fiduciary Investors Symposium at Stanford University how OTC markets are dominated by a small number of dealers affiliated with large banks.


Stanford Scholar, Jennifer Burns, Explores Pros, Cons Of ‘Basic Income’

interview with Jennifer Burnsvia Stanford News
Wednesday, August 8, 2018

Hoover Institution fellow Jennifer Burns discusses universal basic income and notes that universal basic income could help protect workers who hit rock bottom in an age of technological disruption.

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Lifting All Boats

by David R. Hendersonvia Hoover Digest
Monday, July 9, 2018

The growth of “inequality” is the wrong metric to use in assessing our progress. The correct one? The retreat of poverty.

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Toxic Tariffs

by John H. Cochrane via Hoover Digest
Monday, July 9, 2018

Tariffs impede trade and help only the privileged few, while raising prices for everybody else. What’s not to like?

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The Taming of the Debt

by Martin Feldsteinvia Hoover Digest
Monday, July 9, 2018

How to contain the growth of Medicare and Social Security without cutting benefits.


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