Soak the rich? You can’t. A vital observation, first noted by former Hoover board chairman W. Kurt Hauser, banished this bit of wishful thinking. By David Ranson.
How Hoover senior fellow John B. Taylor condensed a mass of complicated theory about monetary policy into a single lucid equation. By Prakash Loungani.
Is it so outlandish to suggest that we sell the right to live in the United States? Outlandish or not, such a policy would benefit legal and illegal immigrants alike. By Gary S. Becker.
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.