Fiscal Policy

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by Michael J. Boskinvia Wall Street Journal
by Michael Spencevia Project Syndicate
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by John B. Taylorvia Wall Street Journal
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by Lee Ohanian, Edward Prescottvia Wall Street Journal

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Analysis and Commentary

Obamanomics Is a Recipe for Recession

by Michael J. Boskinvia Wall Street Journal
Tuesday, July 29, 2008

What if I told you that a prominent global political figure in recent months has proposed: abrogating key features of his government's contracts with energy companies; unilaterally renegotiating his country's international economic treaties; dramatically raising marginal tax rates on the "rich" to levels not seen in his country in three decades (which would make them among the highest in the world); and changing his country's social insurance system into explicit welfare by severing the link between taxes and benefits?...

In the News

Running Up Treasury's Tab

with George P. Shultzvia Forbes
Monday, July 28, 2008

Bazooka Hank means to bail out Fannie Mae and Freddie Mac just as sidekick Ben Bernanke risked the Fed's $29 billion to get Bear Stearns absorbed by JP Morgan...

In the News

A Summer of War and Politics

by Victor Davis Hansonvia Works and Days
Monday, July 28, 2008

Why Do Europeans Love Obama?...

In the News

OPINION IN BRIEF

with Thomas Sowellvia Patriot Post
Monday, July 28, 2008

“We don’t look to arsonists to help put out fires but we do look to politicians to help solve financial crises that they played a major role in creating...

In the News

McCain in SF for fundraiser

with Bill Whalenvia ABC 7 News (CA)
Monday, July 28, 2008

Sen. John McCain was in San Francisco Monday, attending a party fundraiser...

In the News

Staggering Deficits—The Law of Large Numbers

by Alvin Rabushkavia Thoughtful Ideas
Monday, July 28, 2008

On July 28, 2008, the White House estimated that the budget deficit for the current fiscal year, FY 2007-08 (October 1, 2007 - September 30, 2008), will amount to $389 billion, and that the deficit for FY 2008-09 will be a record $490 billion...

In the News

Is Government Intervention in the Fast Food Industry Justified?

by Gary S. Beckervia Becker-Posner Blog
Sunday, July 27, 2008

New York City's ban on the use of trans fats in restaurants is the first of many efforts to restrict not only trans fats, but also the whole fast food industry...

In the News

Stage set for testy school funding trial

with Eric Hanushekvia Sioux Falls Argus Leader (SD)
Sunday, July 27, 2008

A new character soon will take center stage in South Dakota's school funding debate...

In the News

George Schultz: Government Should Just Say No

with George P. Shultzvia Wall Street Journal
Friday, July 25, 2008

Speaking at a conference at Stanford University’s Hoover Institution on the Federal Reserve’s recent extraordinary actions, George Schultz – who served Republican administrations as secretary of Treasury, State and Labor — says the government needs to re-learn the habit of saying no to private interests who seek taxpayer rescues when their bets prove to be losers...

In the News

CHI to Host Conversation with George Shultz and Biomedical Industry to Address Healthcare Reform and Income Security

with George P. Shultz, John Shovenvia Business Wire
Wednesday, July 23, 2008

George Shultz, Distinguished Fellow, Hoover Institution, and John Shoven, Director, Stanford Institute for Economic Policy Research, co-authors of Putting Our House in Order: A Guide to Social Security & Health Care Reform, and Hank Nordhoff, Chairman and Chief Executive Officer, Gen-Probe Incorporated, as moderator...

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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