Fiscal Policy

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Featured

A Debt Crisis Is On The Horizon

by Michael J. Boskin, John H. Cochrane , John F. Cogan, George P. Shultz, John B. Taylorvia The Washington Post
Tuesday, March 27, 2018

We live in a time of extraordinary promise. Breakthroughs in artificial intelligence, 3D manufacturing, medical science and other areas have the potential to dramatically raise living standards in coming decades. But a major obstacle stands squarely in the way of this promise: high and sharply rising government debt.

Interviews

Bill Whalen: Can America Grow Without Inflation? (4:20)

interview with Bill Whalenvia The John Batchelor Show
Tuesday, March 13, 2018

Hoover Institution fellow Bill Whalen discusses whether there is a second phase of taxes to be cut by the Trump Administration.

Analysis and Commentary

Arnold Kling On Economics For The 21st Century

by Russell Robertsvia EconTalk
Monday, March 12, 2018

Economist, blogger, and author Arnold Kling talks with EconTalk host Russ Roberts about the state of economics in the 21st century. Kling argues that economics would be more useful if it took account of intangibles like culture, incorporated the role of financial intermediation in the economy, and modeled some of the the subtleties of the labor market--how wages are set and the role of team production.

In the News

What's Really Causing America's Fiscal Problems?

quoting John F. Coganvia CNSNews
Wednesday, March 7, 2018
Writing about federal spending last week, I shared five charts illustrating how the process works and what’s causing America’s fiscal problems.
Interviews

Santelli Exchange: Ed Lazear On Markets And Wages

interview with Edward Paul Lazearvia CNBC
Tuesday, February 6, 2018

Hoover Institution fellow Ed Lazear discusses the global market rout, average workweek hours, and inflation.

In the News

Partisans”R”Us

quoting John H. Cochrane via CATO Institute
Thursday, January 25, 2018

The success of the corporate tax cut should ultimately be judged by corporate investment levels and wage growth, not share buybacks or one-off bonuses.

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Let's End Tax Anarchy

by John H. Cochrane via Hoover Digest
Friday, January 26, 2018

The tax code doesn’t need revision. It needs revolution. 

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Aye, Robot

by David R. Hendersonvia Hoover Digest
Friday, January 26, 2018

Yes, the robots are coming, but not for our jobs. Automation will bring new kinds of work, and new chances to create wealth. 

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The High Cost of Good Intentions

by Tunku Varadarajan interview with John F. Coganvia Hoover Digest
Friday, January 26, 2018

Must all government programs keep growing—and deepening the national debt? Hoover fellow John Cogan sees hope in the rare exceptions. 

In the News

Financial Sinkhole States In The Trump Tax Era

quoting Joshua D. Rauhvia Forbes
Tuesday, January 16, 2018

These are places where the population dependent on the state — for employment, welfare or a pension — is larger than the population feeding it. That excess of takers over makers is recipe enough for trouble when the next recession hits. But now some of the sinkholes have a new worry.

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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