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


Stiglitz, Summers, Secular Stagnation, And The Supply Side

by John B. Taylor mentioning John F. Coganvia Economics One
Sunday, September 16, 2018

Joe Stiglitz recently published an attack, “The Myth of Secular Stagnation,” on Larry Summers’ hypothesis of secular stagnation, a revival of a term used by Alvin Hansen decades ago. Larry first presented his secular stagnation hypothesis at a conference jointly hosted by the Brookings Institution and the Hoover Institution on October 1, 2013, during the fifth anniversary of the financial crisis. It has gone viral since then.

In the News

Lehman Brothers Crash 2008: Explaining The Crash That Changed The World As You Know It

quoting Niall Fergusonvia GQ
Saturday, September 15, 2018

On September 15, 2008, the United States investment banking giant Lehman Brothers Holdings Inc filed for bankruptcy. The crisis and panic it triggered not only resulted in loss of thousands of jobs but also resulted in a global financial crisis with many parts of the world plunged into recession.

Analysis and Commentary

Henderson On Krueger On Terrorism

by David R. Hendersonvia EconLog
Saturday, September 15, 2018

How serious a problem is terrorism? Krueger’s table of relative risks shows that the answer is “not very.” An American’s lifetime risk of being killed by a terrorist, calculates Krueger, is 1:69,000. Compare that to the 1:88 chance of being killed in a motor vehicle accident and the even more serious 1:7 risk of dying from cancer and 1:4 risk of dying from heart disease.

In the News

The Tricks Retirees Play On Themselves — That Can Cripple Their Investments

quoting Steven J. Davisvia Market Watch
Saturday, September 15, 2018

It’s human nature to believe that the economic and geopolitical uncertainties we face today are greater than ever before. But it’s also human nature to forget that it has been forever thus.

In the News

Rupee's Early Warning System Has Good News For You And Modi Government

quoting Raghuram Rajanvia The Economic Times
Friday, September 14, 2018

After witnessing three currency crises in a decade, India is watching the rupee’s zigzag show, wondering if it is headed for a fourth. India last witnessed currency crises in 2013, 2011, 2008 and 1997. 

In the News

'Next Global Financial Crisis Could Trigger A 50% Plunge In Emerging Market Stocks'

quoting Raghuram Rajanvia International Business Times
Friday, September 14, 2018

Ten years after the fall of Lehmann Brothers triggered the great crisis of 2008, the world is edging closer to another bout of financial turmoil, according to researchers at JPMorgan.

In the News

What They're Saying: Consequences Of The Financial Crisis

quoting Kevin Warshvia Axios
Saturday, September 15, 2018

Kevin Warsh, former Federal Reserve governor: "Too many Americans lost trust in our system of governance, lost belief in the market economy, and lost confidence in the American Dream; that faith must be revived, restored, and reaffirmed before the next economic downturn."

When Raghuram Rajan Proved Giant Alan Greenspan Wrong

featuring Raghuram Rajan
Saturday, September 15, 2018

Ten years ago, on this day, Lehman Brothers filed for bankruptcy and triggered a global financial crisis that destroyed thousands of jobs and brought down several big financial institutions. So strong was the belief in the infallibility of the market that few could see the crisis coming. One of those few was Raghuram Rajan, who later became the RBI governor. Three years before the crisis, Rajan had warned one of the men held responsible for the financial crisis, Alan Greenspan.

In the News

Lehman Brothers Collapse: Lessons For India On Rising NPA Problem

quoting Raghuram Rajanvia Financial Express
Friday, September 14, 2018

It’s going to be ten years since Lehman Brothers collapse hit the US on September 15, 2008, triggering a financial crisis all across the world. Even though India’s GDP growth posted record numbers in April-June quarter, the macros are exerting pressure. The rupee is in a free-fall, and crude oil prices are surging

In the News

Panelists At A&M’s Bush School Talk China's Political, Economic Shift Under President Xi Jinping

quoting Elizabeth Economyvia The Eagle
Wednesday, September 12, 2018
Three experts on U.S.-Chinese relations shared concerns and ideas about Chinese president Xi Jinping's leadership on Tuesday at a panel discussion hosted by Texas A&M's Bush School of Government and the Scowcroft Institute.


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