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Interviews

Terry Anderson On The John Batchelor Show (Part 2)

interview with Terry Andersonvia The John Batchelor Show
Monday, February 4, 2019

 Hoover Institution fellow Terry Anderson discusses his Defining Ideas article "Restoring Tribal Economies."

In the News

Global Uncertainty Gauge Enters 2019 At Record High Level

quoting Steven J. Davisvia Bloomberg
Monday, February 4, 2019

Chatter surrounding the 2020 presidential election, the government shutdown and tax policies are making Americans nervous. And the rest of the world feels uneasy too.

Analysis and Commentary

Ask What Changed

by David R. Hendersonvia EconLog
Monday, February 4, 2019

When you try to understand change, whether in economics or in the rest of life, one good rule is to ask what other factor or factors changed. To explain a change in one variable, we have to point to another variable that changed, not to one that stayed the same.

FeaturedAmerica Off Balance

The One Topic That Won't Be Discussed At The State Of The Union

by Daniel Heilvia Budget Matters, America Off Balance
Monday, February 4, 2019

President Trump is set to deliver his second State of the Union Address. Pundits are already guessing what will happen. Will the hour-long speech focus entirely on the nation’s southern border? Will the president extend an olive branch to the new Congress? How many audience members will fall asleep?

In the News

Economists Say The EFF's Election Manifesto Is Impractical And Populist

quoting Thomas Sowellvia Briefly
Monday, February 4, 2019

Several economists have shared their thoughts on the EFF's election manifesto, with many calling it populist and unrealistic. The manifesto, unveiled this weekend, included major increases in the minimum wages of several professions. Mineworkers, for example, would have a minimum salary of R12 500.

Analysis and Commentary

Customs Officer Discovers Effects Of International Trade

by David R. Hendersonvia EconLog
Sunday, February 3, 2019

About a week after I was made a Commissioner of the Customs, upon looking over the list of prohibited goods, (which is hung up in every Customhouse and which is well worth your considering) and upon examining my own wearing apparel, I found, to my great astonishment, that I had scarce a stock, a cravat, a pair of ruffles, or a pocket handkerchief which was not prohibited to be worn or used in G. Britain. 

Analysis and Commentary

Good News On Employment

by David R. Hendersonvia EconLog
Friday, February 1, 2019

The latest data (for January) on employment and unemployment came out this morning and the news is good. The biggest news: The labor force participation rate, which has been the sick puppy this century, rose by 0.1 percentage point, from 63.1 percent to 63.2 percent. The employment to population ratio rose by 0.1 percentage point, from 60.6 percent to 60.7 percent.

In the News

Chart Of The Day: The Inverse Relationship Between The Top Marginal Income Tax Rate And The Tax Burden On ‘The Rich’

quoting Thomas Sowellvia AEI
Friday, February 1, 2019

Now that Rep. Ocasio-Cortez wants to raise the top personal income tax rate to 70% and Rep. Ilhan Omar thinks 90% would be even better, it might be a good time to review the history over time from 1960 to 2013 of: a) the top marginal tax rate in every year and b) the share of total income taxes collected from the top one-half percent of taxpayers.

Featured

New Hoover Institution Digital Products Highlight Fiscal Challenges And The Need To Fix America’s Chronic Debt Problem

featuring John F. Cogan, John Raisian, Hoover Institutionvia AP News
Thursday, January 31, 2019

Scholars at the Hoover Institution have created a new web platform, America Off Balance, that hosts digital products highlighting the looming fiscal disaster that the country will face—unless tough choices are made, and made soon.

In the News

Symposium: Government Agencies Shouldn’t Get To Put A Thumb On The Scales

quoting Richard A. Epstein, Michael McConnellvia SCOTUS Blog
Thursday, January 31, 2019

All James Kisor may want is for the Department of Veterans Affairs to alter the effective date of his veteran disability benefits, but his legal challenge to the VA’s denial of his claims has given the Supreme Court an opportunity to revisit one of the more problematic doctrines in administrative law: Auer deference, under which federal courts are obligated to defer to permissible agency interpretations of their own regulations.

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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