Fiscal Policy


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Policy Seminar with Anil Kashyap

Wednesday, November 6, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Ramin Toloui, Professor of the Practice of International Finance and the Tad and Dianne Taube Policy Fellow at the Stanford Institute for Economic Policy Research (SIEPR), and former Assistant Secretary for International Finance at the U.S. Treasury Department, discussed “How Did QE Really Work? A New Approach to Measuring the Federal Reserve’s Impact on Financial Markets during 2010-2018.”


Policy Seminar with Anil Kashyap

Thursday, October 24, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Anil Kashyap, the Stevens Distinguished Service Professor of Economics and Finance at the University of Chicago Booth School of Business, discussed “Financial Stability and Monetary Policy?” (with Caspar Siegert)


Nobel Winner Abhijit Banerjee And Former RBI Chief Raghuram Rajan On India’s Economic Challenges

by Abhijit Banerjee, Raghuram Rajanvia Quartz
Monday, October 14, 2019

In October 2018, thirteen of us, all economists, got together in the hope that, as the country gears up for elections, we could start a conversation by identifying a set of policy ideas that might help inform party manifestos and policy visions. While our views stretch across the spectrum from right to left, we found surprising agreement on the challenges India faces and reforms it needs now. Two of us sifted through the set of ideas, picking what we felt were the top challenges and proposals to address them.

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Tax Avengers: Endgame?

by Bill Whalenvia Hoover Digest
Wednesday, October 9, 2019

A recent schools tax measure failed—and failed badly. Californians may not be all that eager to weaken Proposition 13 after all.

Blueprint for AmericaFeatured

Blueprint For America: The Art And Practice Of Governance

by George P. Shultzvia PolicyEd
Tuesday, September 24, 2019

Managing governmental spending, guiding private enterprise, maintaining global alliances, and educating the next generation are America’s top priorities that have not changed over time. However, good governance is needed to sustain and realize these long-term goals.


The Unusual Suspects

by Daniel Heilvia Budget Matters, America Off Balance
Tuesday, September 3, 2019

It seems every month, the Congressional Budget Office (CBO) releases another report showing sharp increases in the federal debt. In June, CBO released its annual Long-Term Budget Outlook showing debt would pass 100% of GDP in 2034 and hit 144% in 2049. And, just last month, CBO’s updated 10-year budget forecasts showed even larger deficits than previously predicted.


John Cochrane On The Ricochet Podcast

interview with John H. Cochranevia Ricochet
Friday, August 23, 2019

Hoover Institution fellow John Cochrane discusses the possibility of a recession.

Economic PolicyFeatured

San Francisco’s Flawed “IPO Tax” Proposal Would Tax So Much More

by Lee Ohanianvia California on Your Mind
Tuesday, July 30, 2019

San Francisco supervisors thought they had designed a wealth tax that would hit only those benefiting from the initial public offerings (IPOs) of highly successful San Francisco technology businesses, such as Uber, Pinterest, and Airbnb, among others. Tech companies often compensate employees partially with stock, whose values can rise enormously in an IPO.

In the News

Aspen Institute Panel: Rosy Economic Picture Masks Potential Problems

quoting Kevin Warshvia Aspen Daily News
Monday, July 29, 2019

Though the U.S. economy is in excellent shape right now, problems could be lurking on the horizon, an Aspen Institute panel generally concluded on Sunday afternoon.


A FaceApp For The Federal Budget

by Daniel Heilvia Budget Matters, America Off Balance
Thursday, July 25, 2019

Over the last month, social media accounts have been filled with wrinkles and gray hair. With the help of the mobile app FaceApp, people are fast-forwarding the aging process to see what they might look like years from now.


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