Filter By:




Research Team

Use comma-separated ID numbers for each author

Support the Hoover Institution

Join the Hoover Institution's community of supporters in advancing ideas defining a free society.

Support Hoover

In the News

Readers Write: Unintended Consequences Of Regulated Drug Prices

quoting Scott W. Atlasvia The Island Now
Tuesday, December 3, 2019

A 2018 report from the White’s House’s Council of Economic Advisors found that as of 2009, the price per dose of patented drugs was five times as high in the U.S. as in foreign markets.


Lanhee Chen: Trump Says China Trade Deal May Be Better After Election

interview with Lanhee J. Chenvia MSN
Tuesday, December 3, 2019

Hoover Institution fellow Lanhee Chen discusses President Trump's tough stance on China and Iran. Chen also discusses President Trump's suggestion that it might be better to wait until after the 2020 election for a trade deal with China.

In the News

Warren Mosler And The Great American Banking Myth

quoting Charles Calomirisvia Cato @ Liberty
Tuesday, December 3, 2019

Yesterday morning, a Modern Monetary Theorist tweeted part of a 2017 interview he did with Warren Mosler, one of that school's leading proponents and benefactors. As the clip was titled "Against Free Banking: The Liability Side Isn't The Place For Market Discipline," yours truly couldn't resist a look-see.


Only In California: Housing Deregulation Increases Housing Regulations

by Lee Ohanianvia California on Your Mind
Tuesday, December 3, 2019

This would be a head-scratcher anywhere but in California. Two years ago, state lawmakers passed legislation to expedite housing approval by exempting some projects from environmental lawsuits and zoning appeals. This legislation can cut the approval process by a decade or more and reduce costs enormously. So why is hardly anyone using it? 

In the News

Paytm Payments Bank Eyes Small Finance Model

mentioning Raghuram Rajanvia The Times of India
Monday, December 2, 2019

Paytm wants to convert its payments bank into a small finance bank as that will allow it to lend to its consumers and build a more profitable growth model, the firm’s founder and CEO Vijay Shekhar Sharma told TOI. This comes on the back of India Post Payments Bank waiting for the RBI approval to convert itself into a small finance bank, after finding the payments bank model unviable.

FeaturedNational Security

The New Cold War? It’s With China, And It Has Already Begun

by Niall Fergusonvia New York Times
Monday, December 2, 2019

Turning Point: The United States and China intensified their trade war in 2019, plunging global markets into uncertainty.

Analysis and Commentary

Nasty, Brutish, And Long

by David R. Hendersonvia EconLog
Monday, December 2, 2019

The picture above is of Bob Tollison. Steve Landsburg, true to form, has a provocative post in which he wonders if the increase in opioid deaths could be a good sign–a sign that people are celebrating their lives by using opioids. That’s not a hill I’m willing to die on–the argument or the opioids–but it’s an interesting point nevertheless.

In the News

Repo Fretting Shifts To Treasuries As Market Faces Next Test

quoting Darrell Duffievia Yahoo Finance
Monday, December 2, 2019

Flare-ups in the repo market could still cause worries across the global banking system, more than two months after chaos subsided in this vital corner of finance.


The AI Frontier Of Economic Theory

by Thomas J. Sargentvia Project Syndicate
Monday, December 2, 2019

Until recently, data sets were small and costly, and computers were slow and expensive. So it is natural that as gains in computing power have dramatically reduced these impediments, economists have rushed to use big data and artificial intelligence to help them spot patterns in all sorts of activities and outcomes.

Analysis and Commentary

Gerd Gigerenzer On Gut Feelings

by Russell Robertsvia EconTalk
Monday, December 2, 2019

Psychologist and author Gerd Gigerenzer of the Max Planck Institute for Human Development talks about his book Gut Feelings with EconTalk host Russ Roberts. Gigerenzer argues for the power of simple heuristics--rules of thumb--over more complex models when making real-world decisions. He argues that many results in behavioral economics that appear irrational can be understood as sensible ways of coping with complexity.


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