Fiscal Policy


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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. Cochranevia 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.

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How to Fend Off Collapse

by Michael J. Boskin, John H. Cochrane, John F. Cogan, George P. Shultz, John B. Taylorvia Hoover Digest
Monday, July 9, 2018

The federal budget’s chilling forecast: annual deficits of a trillion dollars or more.


The Social Security Trust Fund Goes Bust

by Charles Blahousvia The Wall Street Journal
Thursday, June 7, 2018

[Subscription Required] The downward spirals have begun. The combined Social Security trust funds—one for disability, one for retirement—as well as Medicare's hospital-insurance trust fund, will begin eating into their reserves this year, according to reports released this week by the programs' trustees.

In the News

Why Stocks Can’t Wait For The Midterms To Be Over

quoting Steven J. Davisvia The Wall Street Journal
Sunday, May 6, 2018

[Subscription Required] The stock market is likely to struggle between now and the Nov. 6 midterm elections.

Policy Seminar with Luigi Zingales

Thursday, April 26, 2018
George Shultz Conference Room

Luigi Zingales, the Robert C. McCormack Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business, gave a talk on “the Financial Crisis Ten Years On.”


Policy Seminar with Michael Bordo

Wednesday, April 25, 2018
Annenberg Conference Room
Michael Bordo, Board of Governors Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, New Brunswick, New Jersey, gave a talk on “An Historical Perspective on the Quest for Financial Stability and the Monetary Policy Regime.”


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