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Détente Redux

by Niall Fergusonvia Hoover Digest
Monday, April 26, 2021

A new cold war, this time with China, calls for a new look at a doctrine that embraced both competition and cooperation.

Bankers’ Green Temptation

by John H. Cochranevia Hoover Digest
Monday, April 26, 2021

It’s reckless for central banks to try to enforce vague environmental policies. It also threatens their hard-won independence from politicians.

College Isn’t Free—Nor Should It Be

by Richard A. Epsteinvia Hoover Digest
Monday, April 26, 2021
Wiping out student debt would involve staggering costs and unfair taxation. Worse, loan forgiveness would violate the principle of making degrees pay for themselves.

Debt Reckoning

by John H. Cochranevia Hoover Digest
Monday, April 26, 2021

Debt can’t grow forever. It will take skill—and spine—to prepare for the day when the bills come due.

Many Bridges to Cross

by Robert L. Straussvia Hoover Digest
Monday, April 26, 2021

The life and times of the “Secretary of Everything.”

“Trying to Make a Difference”

by James Goodbyvia Hoover Digest
Monday, April 26, 2021

The retired statesman reflected on his most celebrated role: adviser and guide to America’s most powerful citizen.

In His Own Words

by Peter M. Robinsonvia Hoover Digest
Monday, April 26, 2021

“We just have to have some way of talking with Putin. I know it’s hard, but we’ve got to figure out how to do it.”

Analysis and Commentary

Why Working From Home Will Stick

by Jose Maria Barrero, Nicholas Bloom, Steven J. Davisvia Becker Friedman Institute for Economics at the University of Chicago
Thursday, April 22, 2021

Surveys reveal that 20 percent of full workdays will be supplied from home after the pandemic ends, compared with just 5 percent before.

Analysis and Commentary

Introduction To The Asian Monetary Policy Forum: Insights For Central Bankers

by Steven J. Davis, Edward S. Robinson, Bernard Yeungvia Becker Friedman Institute for Economics at the University of Chicago
Wednesday, April 21, 2021

Financial globalization brings benefits and new sources of economic risk and financial volatility. In response, central bankers have extended their focus beyond price and exchange rate stability to give more attention to the stability and efficiency of the financial system. This expanded domain of concern for central bankers has brought new, often complex, policy challenges. 

Featured

Summers At FT

by John H. Cochranevia The Grumpy Economist
Friday, April 23, 2021

Martin Wolf's FT interview with Larry Summers is a great read. It would be a great read for its articulate numeracy if Larry were a Republican, stepping down from the Trump CEA or Treasury. That he is on the the other team makes it ever more poignant. 

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