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In the News

American Economic Association Announces Award Recipients For 2019

mentioning Edward Paul Lazearvia American Economic Association
Wednesday, May 1, 2019

The American Economic Association (AEA) announces recipients of the John Bates Clark Medal, Distinguished Fellows, Foreign Honorary Members, and the "Best Paper Awards" of the American Economic Journals. These outstanding achievements will be honored at the AEA Annual Meeting, January 3-5, 2020, in San Diego, California. 

In the News

Top Three Academic Institutions That Are Involved In Crypto

featuring Hoover Institution, Niall Fergusonvia Block Tribune
Wednesday, May 1, 2019

Cryptocurrency is fast becoming the industry its founders always envisioned it could be – a way to speed international payments, a vehicle for everyday transactions, and a transformative means of funding and fueling new businesses and innovative ideas.

Blank Section (Placeholder)Featured

Eureka Issue 1902: Can You Dig It?

via Eureka
Wednesday, May 1, 2019

In this edition of Eureka, we look at the future of California infrastructure from three perspectives: what do with funds earmarked for high-speed rail; how to develop more sensible, integrated surface-transportation systems; and how one state lawmaker has proposed improvements to the dreaded drive up and down California’s Interstate 5, from the “Grapevine” to Sacramento.


Firms Must Value Workers Like Shareholders, Says Raghuram Rajan

by Raghuram Rajanvia NDTV
Wednesday, May 1, 2019

Once again, we're debating the purpose of corporations. On one side, progressives such as Sen. Elizabeth Warren argue that companies - given broad rights in court decisions such as Citizens United v. Federal Election Commission - must also accept broad social responsibilities such as paying attractive wages and protecting the environment.

Blank Section (Placeholder)Analysis and Commentary

Furman, Summers And Taxes

by David R. Hendersonvia Defining Ideas
Wednesday, May 1, 2019

Our goal should be a less intrusive, less oppressive government.

In the News

Trump Steps Up Pressure On Fed To Cut Interest Rates, But Economists Say It’s A Bad Idea

quoting Lee Ohanianvia The Los Angeles Times
Tuesday, April 30, 2019

President Trump is heaping nonstop pressure on the Federal Reserve to lower interest rates and provide further support to speed up growth, even though the economy is expanding at a healthy pace and economists widely agree that this is not the time to be taking such actions.

In the News

Expert: Doubling All Income Taxes Still Wouldn’t Pay For Medicare For All

quoting Charles Blahousvia NTK Network
Tuesday, April 30, 2019

Senior Research Strategist at the Mercatus Center at George Mason University, Charles Blahous, told the House Rules Committee on Tuesday that “doubling all currently projected federal individual and corporate income tax would be insufficient to finance” Medicare for All.

In the News

Apple’s Plan To Buy $75 Billion Of Its Stock Fuels Spending Debate

quoting Laurie Simon Hodrickvia The New York Times
Tuesday, April 30, 2019

Shortly after Apple used a new tax law last year to bring back most of the $252 billion it had held abroad, the company said it would buy back $100 billion of its stock.

In the News

Trump Fed Pick Stephen Moore’s Worry About Declining ‘Male Earnings’ Criticized As ‘Chauvinistic, Retrograde View’

quoting David R. Hendersonvia Newsweek
Tuesday, April 30, 2019

President Donald Trump’s pick for the Federal Reserve Board said that the largest problem for the U.S. economy is the decline in “male earnings.”

Analysis and Commentary

Update Of Carl Menger Bio

by David R. Hendersonvia EconLog
Tuesday, April 30, 2019

A reader of The Concise Encyclopedia of Economics contacted me recently to point out the following.


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