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Interviews

China's Likely Afraid Of Trade War Escalation, Says Niall Ferguson

interview with Niall Fergusonvia CNBC
Thursday, February 7, 2019

Hoover Institution fellow Niall Ferguson discusses what to expect from President Trump's trade policy.

Blank Section (Placeholder)Analysis and Commentary

The Libertarian: The New Progressive Agenda

interview with Richard A. Epsteinvia The Libertarian
Thursday, February 7, 2019

Examining a raft of left-wing policy proposals from 2020 presidential candidates.

Analysis and Commentary

Cuomo Admits Tax Burden On "The Rich"

by David R. Hendersonvia EconLog
Thursday, February 7, 2019

Finally, a major Democratic politician admits it. "Governor Andrew Cuomo said the super-wealthy in New York – accounting for 1 percent of tax filers – end up paying 46 percent of the personal income taxes the state collects each year."

In the News

AOC Wants To Soak The Rich. Here's Why That's A Bad Idea.

quoting John H. Cochrane via Chicago Tribune
Wednesday, February 6, 2019

Every so often, a rising young Democratic star comes along with an idea that boldly challenges the status quo. Today, it’s Rep. Alexandria Ocasio-Cortez of New York, who wants to raise the top income tax rate. In 1982 it was Sen. Bill Bradley of New Jersey, who proposed an overhaul of income taxes that “seemed revolutionary and impossible,” The Washington Post said in 1986.

In the News

U.S. Consumption Tax of 5% Could Raise $3 Trillion Over A Decade

quoting Charles Blahousvia Bloomberg
Wednesday, February 6, 2019

Many countries, including members of the Organization for Economic Cooperation and Development, raise revenue with a consumption tax levied on incremental increases in the value of goods and services as they move through the supply chain. These value-added taxes -- VAT for short -- generate considerable income and are relatively efficient to administer.

Analysis and Commentary

Henderson On AOC And Allowing Billionaires

by David R. Hendersonvia EconLog
Wednesday, February 6, 2019

In a recent interview, author Ta-Nehisi Coates asked newly elected Democratic Congresswoman Alexandria Ocasio-Cortez whether we “live in a moral world that allows for billionaires.”

Blank Section (Placeholder)Featured

Reasonable Disagreements: The Rule Of Law And Other People’s Money

interview with Richard A. Epstein, Adam J. Whitevia Reasonable Disagreements
Wednesday, February 6, 2019

An unconstitutional wealth grab?

In the News

Raghuram Rajan: How Markets And The State Leave The Community Behind

featuring Raghuram Rajanvia Brookings Institution
Wednesday, February 6, 2019

As markets are embedded in a web of human relations, values and norms, they are impacted by human events. Indeed, throughout history, technological advancements have displaced the market from its traditional webs, precipitating sometimes violent backlashes and periods of surging populism. Currently, the strain of globalization and technological shift is both reflecting and exacerbating the polarizing political tensions so evident around the world today.

Featured

Raghuram G. Rajan Says Capitalism’s Future Lies In Stronger Communities

by Raghuram Rajanvia Chicago Booth Review
Tuesday, February 5, 2019

What is the third pillar?

Blank Section (Placeholder)Featured

AOC Versus Adam Smith

by David R. Hendersonvia Defining Ideas
Tuesday, February 5, 2019

Let us debate what billionaires do for America.

Pages

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