Economic Policy

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Everyone Should Have The Retirement Plan Federal Employees Enjoy
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by Teresa Ghilarducci, Kevin Hassettvia The Washington Post
All Eyes On Digital Payments
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by Raghuram Rajanvia Project Syndicate
Kevin Hassett On His Plan To Open Up The Retirement System
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interview with Kevin Hassettvia Yahoo
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Socialism and The Constitution
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by Michael McConnellvia Defining Ideas
The Essence Of Marxism
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by Niall Fergusonvia Defining Ideas
Portrait of Karl Marx
Liberal Democracy Vs. Communism
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by Peter Berkowitzvia Defining Ideas
How Socialist Is Bernie Sanders?
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by Paul R. Gregoryvia Defining Ideas
Federal Reserve building
A Cautionary Note On Price-Level Targeting
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by Charles I. Plosservia Defining Ideas
Furman, Summers And Taxes
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by David R. Hendersonvia Defining Ideas
The Bonds Of Colonialism
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by Terry Anderson, Wendy Purnellvia Defining Ideas

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The “Stimulus” And The Damage Yet To Come

by David R. Hendersonvia Defining Ideas
Thursday, March 18, 2021

The huge spending bill was worse than unnecessary: it revives dependence on government and erodes economic growth and freedom.

Articles
Policy BriefsAnalysis and Commentary

Terry Anderson On Environmentalism And Economic Prosperity

by Terry Andersonvia PolicyEd
Thursday, March 18, 2021

Terry Anderson debunks the idea that prosperity and environmentalism are at odds.

Videos
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John Cochrane: 21st Century Economy: Protecting The Financial System From Risks Associated With Climate Change

with John H. Cochranevia The Committee on Banking, Housing, and Urban Affairs, United States Senate
Thursday, March 18, 2021

(48:30) Hoover Institution senior fellow John Cochrane testifies before the United States Senate Committee on Banking, Housing, and Urban Affairs on “21st Century Economy: Protecting the Financial System from Risks Associated with Climate Change." 

Congressional Testimony
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The Need For A Monetary Strategy

by John B. Taylorvia Economics One
Wednesday, March 17, 2021

Today the Federal Open Market Committee described its upcoming plans for the federal funds rate through 2023. It is good, as I wrote last month on this blog that “Rules Are Back In The Fed’s Monetary Policy Report,” after a short absence, but it would more helpful if the Fed incorporated some of these rules or strategy ideas into its actual decisions.

Articles
Analysis and Commentary

Should AstraZeneca Vaccine Be Paused?

by David R. Hendersonvia EconLog
Tuesday, March 16, 2021

Millions of people in dozens of countries have received the AstraZeneca Covid vaccine with few reports of ill effects, and its prior testing in tens of thousands of people found it to be safe.

Articles
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Pacific Century: Eric Schmidt Talks About The Great Sino-US Tech War (And How to Win It)

interview with Eric Schmidtvia The Pacific Century
Wednesday, March 17, 2021

AI, 5G and more with Eric Schmidt, former Google CEO. To read the transcript of this conversation, click here.

Podcasts
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Policy Seminar With Jose Maria Barrero, Nicholas Bloom, And Steven Davis

Wednesday, March 17, 2021
Virtual Meeting

Jose Maria Barrero, Assistant Professor of Finance at the Instituto Tecnológico Autónomo de México (ITAM) Business School, Nicholas Bloom, the William D. Eberle Professor of Economics at Stanford University, and Steven Davis, senior fellow at the Hoover Institution and the William H. Abbott Distinguished Service Professor of International Business and Economics at the University of Chicago Booth School of Business, discussed their paper “Why Working from Home Will Stick.” John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow at the Hoover Institution, was the moderator.

Event
Analysis and Commentary

Back To The 60s.

by John H. Cochranevia The Grumpy Economist
Wednesday, March 17, 2021

Marginal revolution links to a great read on contemporary macroeconomics from J.W. Mason. It's mostly wrong, I think, but very thoughtfully puts together the wrong ideas behind contemporary policy macroeconomics.

Articles
Analysis and Commentary

Biden’s Crisis Response Lays The Groundwork For A Liberal Push

by David Davenportvia The Washington Examiner
Wednesday, March 17, 2021

President Biden is apparently a graduate of the Rahm Emanuel school of public policy. As former President Barack Obama’s chief of staff, Emanuel famously said, “You never want a serious crisis to go to waste. ... It is an opportunity to do things you think you could not do before.” With his flurry of executive actions and the passage of the $1.9 trillion American Rescue Plan, Biden has shown he learned that lesson well as his immediate COVID-19 relief plans lay the groundwork for a longer-term liberal push.

Articles
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Where There’s A Will….

interview with John H. Cochrane, Niall Ferguson, H. R. McMaster, Bill Whalen, George F. Willvia GoodFellows: Conversations From The Hoover Institution
Wednesday, March 17, 2021

Prolific author and Pulitzer Prize–winning columnist George Will joins Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane to discuss America’s drift away from the Founding Fathers’ intentions, the failure of its two-party system, the future of taxation and the US economy, challenges presented by a rising China—and his thoughts as he closes in on a landmark birthday (an early May celebration that will coincide with the release of Ferguson’s new book, Doom: The Politics of Catastrophe).

Podcast: GoodFellows: Where There’s A Will….
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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