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Blank Section (Placeholder)Analysis and Commentary

The Libertarian Podcast: It’s Not Our Default: Massive Spending And The National Debt

interview with Richard A. Epsteinvia The Libertarian
Friday, October 1, 2021

As Congress debates spending bills that total trillions of dollars, the debt ceiling looms in just a few weeks.

Capitalism Vs. Socialism

by Daniel Heil featuring the work of Edward Paul Lazear, Lee Ohanian, Joshua D. Rauh, John F. Cogan, Terry Anderson, Scott W. Atlas, Russell A. Bermanvia Policy Insights | A Succinct Guide to Important Policy Questions
Wednesday, April 21, 2021

Over the last century countries have experimented with variations on both capitalism and socialsm. So how do socialism, capitalism, and their many variants compare?

Matters of Policy & Politics
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Matters Of Policy & Politics: Home Depot?

interview with Lee Ohanian, Bill Whalenvia Matters of Policy & Politics
Thursday, September 30, 2021

The Golden State’s housing conundrum.

Blank Section (Placeholder)Analysis and Commentary

Pacific Century: Japan's New Leader And New Role In The Pacific With Senator Bill Hagerty

interview with Bill Hagerty, Michael R. Auslinvia The Pacific Century
Thursday, September 30, 2021

Senator Bill Hagerty explains who Japan’s new leader is and why Japan remains critical to US strategy.

The Federal Reserve
Analysis and Commentary

What Quantity Of Reserves Is Sufficient?

by Darrell Duffie, Adam Copeland, Yilin (David) Yangvia Liberty Street Economics
Thursday, September 30, 2021

A concern of the Federal Reserve is how to manage its balance sheet and whether, over the long run, the balance sheet should be small or large. In this post, we highlight results from a recent paper in which we show how, even during a period of “ample” reserves, the Fed’s management of its balance sheet had material impacts on funding markets and especially the repo market. 

EconomyAnalysis and Commentary

How Does A Single State Agency Lose $31 Billion? No Accountability

by Lee Ohanianvia California on Your Mind
Thursday, September 30, 2021

Bungled. BlunderBlasted. This is how some of the news media has described the management by California’s Employment and Development Department (EDD) of the enormous unemployment benefit fraud that began last year, and which was harshly criticized by the state auditor. And this was when the amount of fraud was reported to be in the $2 billion to $6 billion range.

Featured

The Debt Limit Can Save Us

by Kevin Hassettvia National Review
Wednesday, September 29, 2021

How congressional Republicans can use the debt-limit vote to push meaningful reform

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Dynamic Labor Reallocation with Heterogeneous Skills and Uninsured Idiosyncratic Risk

by Ester Faia, Marianna Kudlyak, Ekaterina Shabalinavia Economics Working Papers
Wednesday, July 7, 2021

Economics Working Paper 21119

State Budget Woes

by Daniel Heil featuring the work of Joshua D. Rauh, Lee Ohanian, Michael J. Boskin, John H. Cochrane, Richard A. Epsteinvia Policy Insights | A Succinct Guide to Important Policy Questions
Wednesday, June 30, 2021

State and local officials continue to face significant budget challenges that predate the pandemic. What are these budget challenges and what can state lawmakers do to address them?

Featured

Michael J. Boskin: Assessing The Federal Government’s COVID-19 Relief And Response Efforts And Its Impact – Part II

with Michael J. Boskinvia Hoover Daily Report
Thursday, September 30, 2021

Hoover Institution fellow Michael Boskin testifies on “Assessing the Federal Government’s COVID-19 Relief and Response Efforts and its Impact – Part II” before the U.S. House of Representatives’ Committee on Transportation and Infrastructure.

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