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Analysis and Commentary

Less Listing

by John H. Cochranevia The Grumpy Economist
Wednesday, March 20, 2019

Torsten Slok at DB sent along this lovely graph. The underlying paper "Eclipse of the Public Corporation or Eclipse of the Public Markets?" by  Craig Doidge, Kathleen M. Kahle, G. Andrew Karolyi, and René M. Stulz,  has a lot more.

In the News

White House Report: U.S. Economy Beat Projections Again In 2018

quoting Casey B. Mulliganvia UPI
Tuesday, March 19, 2019

The U.S. economy has outpaced expectations for the second consecutive year and shaken off fears of a global recession, the White House Council of Economic Advisers said in a report Tuesday.

In the News

On Asbestos Blame, Supreme Court Is Still At Sea

quoting Richard A. Epsteinvia Cato Institute
Tuesday, March 19, 2019

With Justices Kavanaugh and Roberts crossing over to join the liberals, the Supreme Court ruled 6-3 today in Air & Liquid Systems v. DeVries that federal maritime law permits seafarers claiming asbestos-related ailments to sue manufacturers of ship components such as boilers and turbines that contained no asbestos, on the grounds that they knew that the mineral would be used in conjunction with their product later in such forms as insulation or connective gaskets.

Interviews

Eric Hanushek - Is America Winning The War On Poverty?

interview with Eric Hanushekvia Lars Larson National Podcast
Tuesday, March 19, 2019

Hoover Institution fellow Eric Hanushek discusses the study showing that the learning gap between rich and poor students hasn't changed in decades.

Blank Section (Placeholder)Featured

Turbulence At Boeing

by David R. Hendersonvia Defining Ideas
Tuesday, March 19, 2019

The 737 Max, Auto Seat-belts, and Unintended Consequences

Interviews

Santelli Exchange: John Taylor On The Fed

interview with John B. Taylorvia CNBC
Tuesday, March 19, 2019

Hoover Institution fellow John Taylor discusses the Fed’s balance sheet, inflation, and monetary policy.

EducationFeatured

College In Light Of The Bribery Scandal: The Economics Of Admission To An “Elite College”

by Lee Ohanianvia California on Your Mind
Tuesday, March 19, 2019

Last week, the world of colleges was rocked by a scandal in which some students were alleged to have gained admission to universities including Yale, Wake Forest, and Georgetown, as well as the California campuses of Stanford, USC, and UCLA through $25 million in bribes. This occurred through a complex process that often involved admitting students through athletic channels, in which admissions criteria may be considerably different.

In the News

Sorry, Sandy, Capitalism Needs No Redemption

quoting Thomas Sowellvia American Thinker
Tuesday, March 19, 2019

Addressing an audience at Austin’s South by Southwest conference, Rep. Alexandria Ocasio-Cortez called capitalism an “irredeemable system.” “Capitalism is the ideology of capital,” she says. “The most important thing is the concentration of capital and to seek and maximize profit.” 

Interviews

Paul Peterson: Over 50 Years, One Study Finds No Progress Has Been Made To Close Achievement Gap

interview with Paul E. Petersonvia WBUR
Monday, March 18, 2019

Hoover Institution fellow Paul Peterson discusses a new study which shows that the national achievement gap between low and high-income students has failed to close over the past 50 years.

In the News

Raghuram Rajan: The Central Banker Trying To Save Globalisation From Itself

featuring Raghuram Rajanvia City AM
Monday, March 18, 2019

Political and economic debate generally divides around two pillars: markets and state.

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