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Analysis and CommentaryPolitics

The Filibuster And Partisanship

by John H. Cochranevia The Grumpy Economist
Monday, July 6, 2020

The Wall Street Journal reports that the movement among Senate Democrats to get rid of the filibuster entirely is gaining steam. I think this is a bad idea and will lead to more polarized politics.

Analysis and Commentary

Robert Lerman On Apprenticeships

by Russell Robertsvia EconTalk
Monday, July 6, 2020

Economist Robert Lerman of the Urban Institute talks about apprenticeships with EconTalk host Russ Roberts. Lerman argues that apprenticeships--a combination of work experience and classroom learning--have the potential to expand opportunities for young people who don't want to attend college.

Analysis and Commentary

Magical Monetary Theory Full Review

by John H. Cochranevia The Grumpy Economist
Sunday, July 5, 2020

I read Stephanie Kelton's book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy,” and wrote this review for the Wall Street Journal. Now that 30 days have passed I can post the whole thing. 

Analysis and Commentary

Henderson On Lockdowns And Deficits

by David R. Hendersonvia EconLog
Sunday, July 5, 2020

Gerry Baker of the Wall Street Journal interviewed me last week and it showed on the Fox Business channel on Friday.

Analysis and Commentary

The Fantastic Unemployment Numbers!

by David R. Hendersonvia EconLog
Friday, July 3, 2020

Possibly because of the long weekend and possibly because the unemployment numbers don’t make Donald Trump look bad, there hasn’t been as much commentary as I had expected on the June unemployment numbers.


Steven Davis: Research For Equity In Recovery I: How Job Training Matters

interview with Steven J. Davisvia Philadelphia Fed
Thursday, July 2, 2020

Hoover Institution fellow Steven Davis discusses how the COVID-19 pandemic is not only a health crisis but also a job reallocation shock. It could leave a mass of displaced workers with the wrong skills. Davis talks about the job training needed during the recovery and best practices in the field.

Analysis and Commentary

Economic Uncertainty Before And During The COVID-19 Pandemic

by David Altig, Scott R. Baker, Jose Maria Barrero, Nick Bloom, Phil Bunn, Scarlet Chen, Steven J. Davis, Brent Meyer, Emil Mihaylov, Paul Mizen, Nick Parker, Thomas Renault, Pawel Smietanka, Greg Thwaitesvia Becker Friedman Institute for Economics at the University of Chicago
Tuesday, June 30, 2020

Most indicators of economic uncertainty in the US and UK reached their highest values on record following the onset of the COVID-19 pandemic, with peaks varying among indicators and along differing timelines

Analysis and Commentary

All Fireworks Shows Cancelled In Bay Area

by John B. Taylorvia Economics One
Saturday, July 4, 2020

Yes. That’s the San Francisco Chronicle digital headline, and it’s true all over the United States of America, with some exceptions like Mount Rushmore last night and DC tonight.  Back in 2010, I started writing on each July 4th about the exploding fireworks and comparing them to the exploding long term projections of the federal debt by the Congressional Budget Office (CBO). 

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Top Economist Reveals Key To Post-Coronavirus Recovery

with David R. Henderson
Friday, July 3, 2020

A former member of President Ronald Reagan’s Council of Economic Advisers believes in order to really get the economy to recover from the coronavirus, Americans need to be encouraged to go back to work.

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The Costs Of Regulation And Centralization In Health Care

by Scott W. Atlasvia Defining Ideas
Thursday, July 2, 2020

What is the impact of the Affordable Care Act?


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