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David Henderson On Why A Trade War Is A Bad Idea

interview with David R. Hendersonvia
Sunday, June 3, 2018
Hoover Institution fellow David Henderson discusses President Trump's tariffs and the possibility of a trade war and why trade wars are bad for consumers and workers.
In the News

India’s Inflation Not Yet Viral

quoting Raghuram Rajanvia Financial Express (India)
Saturday, June 2, 2018

Pronouncing the rebirth, or even a significant acceleration in Indian inflation, maybe a trifle premature.

In the News

Thinking About Retirement? Consider Working A Little Longer: Study

quoting John Shovenvia Business Times (Singapore)
Saturday, June 2, 2018

Saving and investing for retirement are important. But at a certain stage for most people, another strategy is far more powerful: working a little longer. That is the message of an academic study stuffed with provocative nuggets.

In the News

Draft Housing Strategy Plan Will Reduce Quality Of Life In Edmonds

quoting Thomas Sowellvia MyEdmondNews
Saturday, June 2, 2018

The City of Edmonds released its Edmonds Housing Strategy /Discussion Draft Report, dated 5/16/2018. It was produced by a task force appointed by the mayor of Edmonds to make recommendations focusing on: “increasing the city’s affordable housing and meeting diverse needs.”

In the News

How The Bond Market Reliably Signals Recessions

quoting John H. Cochrane via Forbes
Friday, June 1, 2018

The bond market is about double the size of the stock market, with a far greater trading volume, and can have some predictive power for stocks. This is because government bonds are typically in tune with the broader economy and interest rates. Currently, the bond market is sending some negative signals about the prospects for the economy and the markets, but is this just noise or something you should pay attention to?


Why Trump’s Protectionism Is Futile

by Tunku Varadarajanvia The Wall Street Journal
Friday, June 1, 2018

[Subscription Required] The president is wrong to attribute industrial decline to foreign competition, and the rising dollar is likely to cause the trade deficit to rise.

Henderson On BBC On Trade War

by David R. Henderson
Sunday, June 3, 2018

I got a text from BBC late Saturday afternoon asking me if they could interview me for an early Sunday morning (London time) segment on Trump's tariffs and the possibility of a trade war. They recorded it and, I believe, used about 75% of what I said.

Analysis and Commentary

Warriors Moneyball

by David R. Hendersonvia EconLog
Saturday, June 2, 2018

The 15 minutes between the end of the second quarter and start of the third are a carefully choreographed production, featuring clips of game footage, wardrobe changes and managerial strategies straight out of business school. Coach Steve Kerr, based on interviews with players and coaches, has worked to create an environment of inclusion. 

In the News

The Trump Jobs Machine Is Roaring

quoting Edward Paul Lazearvia The Weekly Standard
Saturday, June 2, 2018

The great American job-creating machine, already in high gear, picked up in May, when the economy added 223,000 jobs—over 50,000 more than experts had predicted.


Santelli Exchange: Ed Lazear On The Jobs Report

interview with Edward Paul Lazearvia CNBC
Friday, June 1, 2018

Hoover Institution fellow Ed Lazear discusses wages, the employment-population ratio, the labor force participation rate, and the economy.


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