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by John H. Cochrane via Wall Street Journal
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interview with Stephen Habervia Wall Street Journal Live
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by John B. Taylorvia Wall Street Journal

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How the World Recovered: The 2008 Financial Crisis Ten Years Later

interview with George Osborne, Kevin Warshvia Uncommon Knowledge
Wednesday, October 17, 2018

AUDIO ONLY

Analyzing the Global Financial Crisis and Its Aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.

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How The World Recovered: The 2008 Financial Crisis Ten Years Later

interview with Kevin Warsh, George Osbornevia Uncommon Knowledge
Wednesday, October 17, 2018

Analyzing the global financial crisis and its aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.

Featured CommentaryEurekaAnalysis and Commentary

The Argument For Proposition 6: Ease Families’ Tax Burden, Start A Political Earthquake

by Carl DeMaiovia Eureka
Wednesday, October 17, 2018

California’s Proposition 6, if approved by voters, will repeal the recently imposed gas and car tax hikes.

Featured

The Market For Regulation In The Internet Of Things

via Hoover IP2
Tuesday, July 17, 2018

As the 4th Industrial Revolution progresses, the Hoover Institution Working Group on Intellectual Property, Innovation, and Prosperity (Hoover IP²) is looking towards a new horizon of patent policy that is tied to a crucial component of this technological revolution: the Internet of Things (IoT). The IoT will be the focus of Hoover IP²’s upcoming conference, the “Market for Regulation in the Internet of Things,” to take place January 10–11, 2019.

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Fixing Social Media’s Grand Bargain

by Jack M. Balkinvia Aegis Paper Series
Monday, October 15, 2018

To regulate social media, we should focus on its political economy: the nature of digital capitalism and how we pay for the digital public sphere. This political economy creates perverse incentives for social media companies—encouraging them to surveil, addict, and manipulate their end users and strike deals with third parties who will further manipulate them. Treating social media companies as public forums or public utilities is not the proper cure, but social media companies, whether they like it or not, do have public obligations. This essay focuses on one approach to dealing with the problems of social media: new fiduciary obligations that protect end user privacy and counteract social media companies’ bad incentives.

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The Danger Of Regulatory Capture

by John B. Taylorvia PolicyEd
Thursday, October 11, 2018

Regulatory capture occurs when regulatory agencies become dominated by the very industries they were charged with regulating, prompting regulators to advance the goals and interests of those industries. While regulation is necessary and can be done well, it must always be balanced against the potential for unintended consequences that harm the consumers it is intended to protect.

Analysis and Commentary

Henderson On Romer And Nordhaus In WSJ

by David R. Hendersonvia EconLog
Wednesday, October 10, 2018

Robert P. Murphy, an economist at Texas Tech, used Mr. Nordhaus’s work to show that setting too high a carbon tax can be worse than setting no carbon tax at all.

Featured

America’s Economy Isn’t Overheating

by Edward Paul Lazearvia The Wall Street Journal
Tuesday, October 9, 2018

[Subscription Required] The U.S. unemployment rate declined to 3.7%, a rate unseen in almost half a century, the Bureau of Labor Statistics reported Friday. Given the booming labor market, the Federal Reserve has reason to worry that the economy may be overheating.

Featured

Renewing Indigenous Economies

featuring Terry Andersonvia Indian Country Today
Friday, October 5, 2018

In 1879, after Chief Joseph and his band were sent to live in Oklahoma, far from their ancestral land in the Northwest, he said, “Let me be a free man, free to travel, free to stop, free to work, free to trade where I choose, free to choose my own teachers, free to follow the religion of my fathers, free to talk, think and act for myself.”

In the News

India's Demonetisation 'Created More Problems' Says Former RBI Governor

quoting Raghuram Rajanvia Arabian Business
Wednesday, October 3, 2018

Former RBI governor Raghuram Rajan said he would not recommend other countries to take a similar move after India's failure to clamp down on illicit cash.

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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