Government Regulation

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Solving The Puzzle Of Stagnant Wages
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by Edward Paul Lazearvia Wall Street Journal
An Autopsy for the Keynesians
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by John H. Cochranevia Wall Street Journal
The Federal Reserve
The Federal Reserve's Too Cozy Relations With Banks
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by Stephen Haber, Ross Levinevia Wall Street Journal
Bank of America
Steve Haber on Opinion Journal
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interview with Stephen Habervia Wall Street Journal Live
Economic Crisis
John Taylor's Reply to Alan Blinder
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by John B. Taylorvia Wall Street Journal
How Washington Whittles Away Property Rights
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by Michael J. Boskinvia Wall Street Journal

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TORT AND RETORT: Tort Reform

with David Davenport, Alan Morrisonvia Uncommon Knowledge
Friday, February 25, 2005

During the 2004 presidential campaign, one principal plank of George W. Bush's domestic platform was reforming tort law, which includes class action lawsuits, asbestos liability, and medical malpractice liability. President Bush believes that tort law as it now stands permits trial lawyers to take advantage of good companies, driving up the costs of doing business for everyone. Others believe that existing tort law allows consumers to protect themselves against bad companies. Which is it? And should President Bush be given the tort reforms he wants? Peter Robinson speaks with David Davenport and Alan Morrison.

Videos
Analysis and Commentary

China's Economic Policy is Systemic

by Michael S. Bernstam, Alvin Rabushkavia russianeconomy.org
Thursday, February 24, 2005

A terse announcement in China Daily on February 24, 2005, deserves a brief note.

Articles
Analysis and Commentary

Avoiding Breadlines for Flu Vaccines

by David R. Hendersonvia Hoover Daily Report
Wednesday, November 3, 2004

One result of price control programs and liability laws has been that the number of vaccine producers has fallen in thirty years from twenty-five down to five.

Articles
Analysis and Commentary

Beijing Consensus for Russia?

by Michael S. Bernstam, Alvin Rabushkavia russianeconomy.org
Wednesday, June 2, 2004

Hong Kong's economic writers believe that Russia is beginning to adopt the Beijing consensus, China's pragmatic approach to economic policy.

Articles
Analysis and Commentary

The Flat Tax in Iraq: Much Ado About Nothing—So Far

by Alvin Rabushkavia russianeconomy.org
Thursday, May 6, 2004

Supporters and opponents of the flat tax have spilled considerable ink debating the merits of a 15% flat tax on personal income in Iraq that was implemented on January 1, 2004.

Articles

TRADING PLACES: Is Outsourcing Good for America?

with Stephen Haber, Kenneth L. Judd, Harley Shaikenvia Uncommon Knowledge
Friday, March 26, 2004

Does outsourcing—whether it means the transfer of customer service and high-tech jobs to India or of manufacturing jobs to China—benefit the American economy or harm it? And if American workers are being harmed by outsourcing, what should be done about it? Do we need legislation to prevent corporations from sending jobs overseas? Or should we focus our attention on creating new opportunities for the American labor force through education and job training?

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Analysis and Commentary

When Jobs Are Illegal, Only Illegals Will Have Jobs

by Jennifer Roback Morsevia Hoover Daily Report
Monday, March 15, 2004

Mandated benefits make the young, the low-skilled, and the poorly educated legally unemployable.

Articles
Analysis and Commentary

A Better Environment for Endangered Species

by Henry I. Millervia Hoover Daily Report
Monday, February 16, 2004

Environmental groups have filed a spate of nuisance lawsuits that attempt to prevent the Environmental Protection Agency (EPA) from registering or reregistering pesticides.

Articles
Analysis and Commentary

Shorting Russia's Banks

by Alvin Rabushka, Michael S. Bernstamvia russianeconomy.org
Thursday, January 22, 2004

Like all business decisions, the wisdom or miscalculation of the purchase of Bank One by J.P. Morgan Chase will be evaluated by future returns and share prices. How does this story compare with Russia?

Articles

HIGH WIRE ACT: Reforming the Electricity Industry

with Ralph Cavanagh, Vernon Smithvia Uncommon Knowledge
Monday, November 24, 2003

Building America's electricity system was one of the great achievements of the twentieth century, providing inexpensive energy to homes and businesses throughout the country. But in the twenty-first century, two crises occurred. In 2001, California experienced massive electricity shortages, leading to rolling blackouts and skyrocketing electrical bills. And in 2003, a blackout swept across eight states in the Midwest and Northeast, leaving tens of millions in the dark. Why did these problems arise now, after a century of progress? Were they the result of ill-advised attempts to deregulate the utility industry? Or is more deregulation actually the solution?

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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