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In the News

Does The Deficit Matter? Congress Asks Four Top Economists

quoting John B. Taylorvia The Fiscal Times
Wednesday, November 20, 2019

Wednesday’s impeachment hearings will rightly dominate headlines given the bombshells in Ambassador Gordon Sondland’s testimony, but they weren’t the only hearings happening in Congress. The House Budget Committee hosted four noted economists for a discussion titled “Reexamining the Economic Costs of Debt.”

In the News

Has Unconventional Monetary Policy Run Its Course?

quoting Steven J. Davisvia Chicago Booth Review
Wednesday, November 20, 2019

Tharman Shanmugaratnam, Senior Minister and Coordinating Minister for Social Policies of Singapore, sat down with Chicago Booth’s Steven J. Davis at the Sixth Asian Monetary Policy Forum, an event organized by Chicago Booth, the National University of Singapore, and the Monetary Authority of Singapore. 

In the News

John B. Taylor Visits UNCW For BB&T Global Capitalism And Ethics Lecture Event

featuring John B. Taylorvia WilmingtonBiz
Wednesday, November 20, 2019

On October 21, 2019, Professor John B. Taylor, Mary and Robert Raymond Professor at Stanford University and George P. Schultz Fellow at the Hoover Institution, presented the BB&T Global Capitalism and Ethics lecture in the Burney Center. Professor Taylor is one of the leading macroeconomists in the world today, and noted best around the globe for his development of the “Taylor rule” for use in conducting monetary policy. 

FeaturedEconomy

The Economic Costs Of Rapidly Growing Federal Government Debt

by John B. Taylorvia U.S. House Committee on the Budget
Wednesday, November 20, 2019

Hoover Institution fellow John Taylor's testimony before the U.S. House of Representatives Committee on the Budget.

In the News

Powell’s Testimony Challenges Both The Fed And Congress

cited John B. Taylorvia Economics 21
Wednesday, November 20, 2019

In last week’s testimony before the Joint Economic Committee of Congress, Federal Reserve Chairman Jerome Powell applauded the U.S. economy’s continued strength. He also suggested that, after easing monetary policy three times this year, the Fed will hold interest rates at their present levels so long as the favorable outlook remains intact.

FeaturedPolitics

How Reviving An Old Idea Has Fueled Andrew Yang’s Presidential Campaign

by Jennifer Burnsvia The Washington Post
Wednesday, November 20, 2019

The Freedom Dividend actually builds on an idea — popular with the left and the right — from the 1960s.

Interviews

John Taylor: Reexamining The Economic Costs Of Debt

interview with John B. Taylorvia U.S. House Committee on the Budget
Wednesday, November 20, 2019

Hoover Institution fellow John Taylor testifies to the House Committee on the Budget concerning the economic costs of debt.

Analysis and Commentary

Really Awful Wall Street Journal Headline

by David R. Hendersonvia EconLog
Wednesday, November 20, 2019

Frackers to Pump Less Oil and Gas To Push Up Prices. This is the headline on the print version of a Wall Street Journal news story in the November 12 edition. Fortunately, in the electronic version, it is now a more-accurate “Frackers Prepare to Pull Back, Exacerbating a Slowdown in U.S. Oil Growth.”

Featured

Capital Market Freedom

by John H. Cochranevia Grumpy Economist
Wednesday, November 20, 2019

I gave a presentation on "capital markets" at the Hoover Centennial series on Tuesday. Caroline Hoxby gave a clear presentation on human capital, and George Shultz told some great stories from his time in government. Judging from the questions, Caroline was the star and I put them to sleep. Finance always does that.

Analysis and CommentaryHealth Care

Free Market Health Care

by John H. Cochrane quoting Russell Robertsvia Grumpy Economist
Tuesday, November 19, 2019

Russ Roberts has a great econtalk podcast, interviewing Keith Smith of the Surgery Center of Oklahoma Click on that link, roll over the areas of your body that hurt, and find out exactly how much it will cost to fix them.

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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