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The Stimulus Didn’t Work, Again

by John B. Taylor mentioning John F. Coganvia Project Syndicate
Wednesday, June 2, 2021

Since the onset of the pandemic in March 2020, the US government has provided tens of millions of households with direct injections of cash. But insofar as these policies are intended to stimulate the overall economy, there is no evidence to suggest that they actually work.

Matters of Policy & Politics
Blank Section (Placeholder)Featured

Matters Of Policy & Politics: Sweet Home Alabama

interview with Stephen Haber, Bill Whalenvia Matters of Policy & Politics
Wednesday, June 2, 2021

The building blocks for a futuristic American state.

Caravan Notebook Podcast
Blank Section (Placeholder)Analysis and Commentary

The Caravan: Israel's Grand Strategy

interview with Assaf Orion, Russell A. Bermanvia The Caravan Notebook
Wednesday, June 2, 2021

A discussion with Brigadier General (ret) Assaf Orion of the Israeli Defense Forces.

Analysis and Commentary

How The Profit Motive Makes Discrimination Less Than Otherwise

by David R. Hendersonvia EconLog
Tuesday, June 1, 2021

Because I have a cottage at Minaki, Ontario and am originally from Manitoba, I’m on a newly formed members-only Facebook group of Manitobans with cottages in northwestern Ontario. (I confessed to the organizer that I’m now a Californian and he said that was alright.)

Hoover fellow Richard Epstein on income inequality.
Analysis and Commentary

Failure To Launch And UBI

by David R. Hendersonvia EconLog
Friday, May 28, 2021

A tough problem that many young people have in their late teens and early- to mid-twenties is “failure to launch.” They have trouble stepping out on their own and taking responsibility, whether it’s about money, jobs, studying, or a few other things. I was talking about that with a friend recently; he has a friend in his late twenties who, in his estimate, is “failing to launch.”

Analysis and Commentary

Bruce Meyer On Poverty

by Russ Robertsvia EconTalk
Monday, May 31, 2021

Economist Bruce Meyer of the University of Chicago talks about poverty with EconTalk host Russ Roberts. In recent years, a number of scholars have claimed that millions of Americans live in extreme poverty, akin to the standard of living in the poorest countries around the world. Meyer argues that these studies are based on flawed surveys or particular assumptions that may not be justified. The conversation also addresses broader challenges around measuring mobility and the American Dream.

Analysis and Commentary

Brazilian Inflation

by John H. Cochranevia The Grumpy Economist
Sunday, May 30, 2021

This marvelous plot comes from an interesting article, The Monetary and Fiscal History of Brazil, 1960-2016 by Joao Ayres, Marcio Garcia, Diogo A. Guillén, and Patrick J. Kehoe. The article is part of the Becker-Friedman Institute Project, complete with a big and now easily available data collection effort, and forthcoming book.

Analysis and Commentary

NBER Monetary Economics Is Up To Date

by John H. Cochranevia Grumpy Economist
Friday, May 28, 2021

I just got the program for the upcoming NBER summer institute monetary economics conference program.  Who says academics aren't up to the minute on policy issues? This will be interesting.  

Henderson Versus Manning On The $15 Minimum Wage

by David R. Henderson
Thursday, May 27, 2021

The video of my debate on the $15 minimum wage, with Professor Alan Manning of the London School of Economics, is out.

Jerry Nadler's Radical Tax Reform

by David R. Henderson
Wednesday, May 26, 2021

Out of the mouths of Congressmen sometimes come gems. No one should ever be taxed twice on the same income. It’s not fair and it’s not just. So tweeted Jerry Nadler back in April. Nadler is a Democratic member of the U.S. House of Representatives.


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