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In the News

Oroville Dam Is Just Part Of California's Crumbling Infrastructure

quoting Victor Davis Hansonvia Los Angeles Times
Saturday, February 18, 2017

Dams don’t just deteriorate overnight, so how did we get here? Victor Davis Hanson, a scholar at the Hoover Institution, blames unfocused political leaders who diverted their attention from maintaining the critical network of dams and aqueducts built by a previous generation of Californians, and instead focused on dubious progressive causes...

Tax cuts and reforms
Analysis and Commentary

Why Tyler Cowen's Pessimism Fails To Persuade Me

by David R. Hendersonvia EconLog
Friday, February 17, 2017

In his excellent post on taxes and the incidence of taxes, co-blogger Scott Sumner does not mention another important issue in taxation: deadweight loss. The deadweight loss from a tax is the part of the loss to those who bear the tax that does not go to the government. Thus the term "deadweight." (Scott's graph shows a small deadweight loss, but he does not elaborate on this.)

John Cochrane explains how America should focus on growth, not economic redistribution
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What's Wrong With The American Economy?

interview with John H. Cochrane via Uncommon Knowledge
Tuesday, January 24, 2017

John Cochrane explains how America should focus on growth, not economic redistribution.

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Putting Words into Action

by Lee Ohanianvia Hoover Digest
Friday, January 27, 2017

The new administration’s economic policies range from good to not so good. The time is short to straighten them out. 

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The Infrastructure Myth

by Paul R. Gregoryvia Hoover Digest
Friday, January 27, 2017

Politicians always demand more infrastructure—and the spending that goes with it. Yet the United States already spends vast sums on such things, much of it wasted. 

In the News

Better Ways Than Jawboning For Trump To Grow US Jobs

quoting John H. Cochrane via Chicago Tribune
Friday, December 9, 2016

Donald Trump ran on a promise to bring back manufacturing jobs that have been shipped overseas, partly by using import tariffs to punish U.S. companies that move their operations abroad. He took the first step toward keeping that promise when Indiana manufacturer Carrier Corp., offered a package of state tax incentives (and possibly fearful of its corporate parent losing Pentagon contracts), agreed to retain 800 workers it had planned to lay off.

In the News

Should We Get Ready For A Rate Hike In December?

quoting John B. Taylorvia Market Realist
Friday, November 18, 2016

The possibility of a 25-basis-point rate hike in December is quite high since Donald Trump was elected president of the United States. That’s not to say that a rate hike would have been unlikely had Hillary Clinton been elected.

Interviews

Ed Lazear: Wall St. Model Good For Treasury Secretary

interview with Edward Paul Lazearvia CNBC
Friday, November 18, 2016

Hoover Institution fellow Ed Lazear talks about President-elect Trump's transition team's ideas for Treasury secretary as well as Lazear's ideas on keeping the Federal Reserve independent and whether the Fed should raise interest rates.

Policy Seminar with Darrell Duffie

Thursday, November 10, 2016
Annenberg Conference Room, Lou Henry Hoover Building
Darrell Duffie, Dean Witter Distinguished Professor of Finance at the Stanford Graduate School of Business, and professor by courtesy at the Department of Economics, discussed his work on “Financial Regulatory Reform After the Crisis: An Assessment.”
Event

Policy Seminar with Arthur Brooks

Tuesday, November 1, 2016
Annenberg Conference Room, Lou Henry Hoover Building

Arthur Brooks, president of the American Enterprise Institute (AEI), gave a talk on “Bringing America Back Together.” He started by arguing that the degree of polarization in America has reached unprecedented proportions. He suggested that institutions such as Hoover and AEI have an intellectual and moral responsibility to advocate the ideas on which they were formed. He believed that if such ideas were applied, the broad-based economic growth that would follow would take America away from the polarized situation it finds itself in right now. 

Event

Pages

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