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In the News

Inflation And Stocks Are Both Up, And That’s Stirring Some Worries

quoting Martin Feldsteinvia The New York Times
Thursday, February 15, 2018

Two weeks ago, fears of higher-than-expected inflation and interest rates sent stocks into a historic and nerve-rattling plunge. This week, those fears were borne out: Consumer prices rose more than expected in January, and interest rates jumped.

Featured

The Machines Ate My Homework

by Niall Fergusonvia Boston Globe
Monday, February 12, 2018

Are we living through the re-mystification of the world?

In the News

Hidden Information, Hidden Action And The Stock Market

mentioning Michael Spencevia Manila Times (Phlippines)
Monday, February 12, 2018

In 2001, George Akerlof, Michael Spence and Joseph Stiglitz were awarded the Nobel Prize in Economics for their work on asymmetric (or hidden) information and markets.

Featured

A War On The Rich Won’t Help The Poor

by David R. Hendersonvia Wall Street Journal
Thursday, February 8, 2018

Oxfam notes that poverty has declined sharply, then ignores the quickest way to reduce it even more.

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

Reagan And Bush Economic Adviser Says Stocks Are Due To Fall

quoting Martin Feldsteinvia CNN Money
Wednesday, January 17, 2018

Martin Feldstein, one of the most influential Republican economists of the last 40 years, is warning that the stock market is poised to plunge.

Blank Section (Placeholder)Featured

The Libertarian: The Trump Economy

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Friday, January 12, 2018

Judging the president's record on regulation, taxes, and trade.

Featured

In Praise Of Hierarchy

by Niall Fergusonvia Wall Street Journal
Friday, January 5, 2018

Established, traditional order is under assault from freewheeling, networked disrupters as never before. But society craves centralized leadership, too.

Analysis and Commentary

For India, ‘Our Time Has Come’

by Tunku Varadarajanvia Wall Street Journal
Wednesday, January 3, 2018

In the not-too-distant future, India could have a $10 trillion economy, the world’s third largest military and the world’s largest middle class. Tunku Varadarajan reviews ‘Our Time Has Come’ by Alyssa Ayres.

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.

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