Fiscal Policy

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Let's End Tax Anarchy

by John H. Cochranevia 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.

Featured

The World Economy In 2018

by Michael J. Boskinvia Project Syndicate
Thursday, December 21, 2017

In the tenth year since the start of the global financial crisis, the US economy reached a new high-water mark, and the global economy exceeded expectations. But whether these positive trends continue in 2018 will depend on a variety of factors, from fiscal and monetary policymaking to domestic politics and regional stability.

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The Libertarian: How Housing Got So Expensive

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Wednesday, December 20, 2017

The hidden forces behind the affordable housing crisis in some of America's largest cities.

The Numbers GameFeatured

The Numbers Game: How Is The Middle Class Doing?

by Russell Robertsvia PolicyEd
Wednesday, December 6, 2017

Is it true that the wages for those in the middle class have been stagnant since the 1970s? Watch the 1st video in the new animated series The Numbers Game, in which Hoover Research Fellow Russ Roberts discusses the challenges of accurately measuring and understanding the economy and economic policy.

Blueprint for AmericaFeatured

Effective Financial Reform

by John H. Cochranevia PolicyEd.org
Wednesday, November 29, 2017

Financial crises come from bank runs. An innovative way to prevent bank runs is to use equity-financed banking. Equity-financed banks would replace debt with equity as their method of financing and back up all deposits with liquid assets like Treasury bonds. Since it would not hold any debt, bank runs would become a thing of the past.

In the News

A Tale Of Two Directors

quoting Adam J. Whitevia The Washington Free Beacon
Wednesday, November 29, 2017

Employees of the Consumer Financial Protection Bureau (CFPB) reported to work on Monday unclear as to who, exactly, was directing their agency.

Interviews

Adam White: The Trouble With The Consumer Finance Protection Bureau

interview with Adam J. Whitevia The Federalist
Tuesday, November 28, 2017

Hoover Institution fellow Adam White discusses the Consumer Financial Protection Bureau, its controversial history, and former CFPB Director Richard Cordray.

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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