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John Taylor: Trump's Relationship With G-7 Members 'Worrisome,' Says Expert

interview with John B. Taylorvia CNBC
Monday, June 11, 2018

Hoover Institution fellow John Taylor weighs in on President Trump's agenda on the economy and trade.

In the News

‘Bad Bank’ Idea Is Back! What It Is That Modi Government Mulling To Resolve Bad Loans

quoting Raghuram Rajanvia Financial Express (India)
Saturday, June 9, 2018

Finance Minister Piyush Goyal on Friday said that a committee will come out with its recommendations on setting up an asset reconstruction or an asset management company for faster resolution of bad loans -- a concept that's similar to the idea of bad bank.

In the News

Banks To Set Up Dedicated Mechanism To Address Stress Assets

quoting Raghuram Rajanvia The Economic Times
Friday, June 8, 2018

The government of India has set up a committee under Punjab National Bank non-executive chairman Sunil Mehta to consider the establishment of an asset reconstruction company in yet another push to help resolve the bad loan burden that afflicts the banking industry, said acting finance minister Piyush Goyal.


Social Security, Medicare Ships’ Hulls Now Taking On Water – And Far Sooner Than Projected

by Charles Blahousvia CNSNews
Friday, June 8, 2018

The 2018 Social Security and Medicare trustees’ reports have been released. For the first time in several years they contain some big (in addition to their usual bad) news: the combined Social Security trust funds and the Medicare Hospital Insurance (HI) trust fund will begin drawing down their reserves this year, on their respective ways to eventual depletion.

Federal Reserve
In the News

Lessons Learned From 10 Years Of Quantitative Easing

quoting Kevin Warshvia AEI
Thursday, June 7, 2018

On Thursday, AEI’s Desmond Lachman and Brookings Institution’s Ben Bernanke discussed whether quantitative easing (QE) programs have successfully stimulated the US economy in the 10 years since the Federal Reserve launched its first program. Mr. Bernanke argued that QE has blurred the distinction between monetary and fiscal policy tools.

Analysis and Commentary

Chronology Of Past Jobs I Have Had, Part 2

by David R. Hendersonvia EconLog
Sunday, June 10, 2018

Occasionally our family didn't spend the whole summer at our cottage and so I had to come up with ways of making money other than hunting golf balls.

Analysis and Commentary

Chronology Of Past Jobs I Have Had, Part 1

by David R. Hendersonvia EconLog
Saturday, June 9, 2018

On Facebook in the last few months, various friends have listed jobs they had chronologically. I've gotten quite a lot of enjoyment from reading them, but in many cases I wanted to know more: (1) how old were you when you had it? (2) what did you do in that job? (3) what did you learn from that job?

Social Security
In the News

Should You Be Worried About Social Security And Medicare?

quoting Charles Blahousvia WTOP
Saturday, June 9, 2018

An unexpected weakening in the finances of Social Security and Medicare has raised concern about the bedrock programs for the middle class. The problems may only keep getting worse in a time of political tension and deep partisan divisions. Here are some questions and answers on an issue that ultimately will affect every American family and isn’t going away: what's new?

In the News

Trade War A ‘Lose-Lose‘ Situation: Raghuram Rajan

quoting Raghuram Rajanvia Kaplan Herald
Friday, June 8, 2018
Former RBI governor on Tuesday expressed concern over escalation of between the US and China saying it would be a "lose-lose" situation if the two major economies carry out their threats. Rajan also cautioned that the situation can get "out of control very quickly" hampering global growth.

Victor Davis Hanson: Nukes Are Not Forever, Europe Doesn't Work, And Growth Is The Best Policy

interview with Victor Davis Hansonvia The John Batchelor Show
Thursday, June 7, 2018

Hoover Institution fellow Victor Davis Hanson discusses his Defining Ideas article "Ten Paradoxes Of Our Age."


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