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Announcing the 2018 Winners of the Hoover Institution Summer Policy Boot Camp Director’s Award

Monday, October 8, 2018
Hoover Institution, Stanford, CA

Capping off an intensive week-long study and discussion of the core principles and tools of public policy, students were invited to apply their knowledge by researching and developing a policy proposal. Following the principles of Hoover scholarship, the proposals emphasize a specific recommendation using facts, data, and well-constructed arguments. The papers summarize the significance of the new policy and the expected result.


Bjorn Lomborg On The Costs And Benefits Of Attacking Climate Change

by Russell Roberts interview with Bjorn Lomborgvia EconTalk
Monday, June 10, 2019

Bjorn Lomborg, President of the Copenhagen Consensus Center, talks about the costs and benefits of attacking climate change with EconTalk host Russ Roberts. Lomborg argues that we should always be aware of tradeoffs and effectiveness when assessing policies to reduce global warming. He advocates for realistic solutions that consider the potential to improve human life in other ways. He is skeptical of the potential to move away from fossil fuels and argues that geo-engineering and adaptation may be the most effective ways to cope with climate change.


Michael Spence: Can Economics Help The Fight Against Climate Change?

interview with Michael Spencevia Monocle
Sunday, June 9, 2019

Hoover Institution fellow Michael Spence discusses how economics can help fight climate change.

In the News

Author Takes On Race, Economic Platitudes In 'Discrimination'

featuring Thomas Sowellvia The Mercury
Sunday, June 9, 2019

Noted professor, columnist and author Thomas Sowell is 87 years old and has added another book to his impressive output: “Discrimination and Disparities.” His writings have spanned decades, and there is little in this book that he has not written about before.

Analysis and Commentary

AER's Efficiency Problem

by David R. Hendersonvia EconLog
Friday, June 7, 2019

Economics has an efficiency problem. The length of papers published in top tier journals has tripled in the past 40 years, expanding to such a degree that readers often struggle to finish them.

In the News

The China Challenge

featuring Elizabeth Economyvia City-Journal
Friday, June 7, 2019
Elizabeth Economy offers a penetrating look at Xi Jinping’s aggressively antidemocratic regime.

Surveying Business Uncertainty

by David Altig, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Brent Meyer, Nicholas Parkervia Economics Working Papers
Monday, May 27, 2019

Economics Working Paper 19107

In the News

Governed By Imbeciles

quoting John H. Cochrane via Marianas Variety
Monday, June 10, 2019

If there was any doubt before now, there can be no doubt going forward: we Americans are today governed by imbeciles. Really. Literally. No hyperbole here. There is simply no way to explain the contents of this May 2019 U.S. Treasury report other than to recognize that it is the product of people completely untethered to economic reality and utterly ignorant of the economics of trade.

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In the News

John Cochrane On Currency Manipulation In Germany And Italy

quoting John H. Cochrane via Econlib
Sunday, June 9, 2019

Several people directed me to a John Cochrane post that has an amusing critique of the US government’s recent attempt to label Germany and Italy as “currency manipulators”. The most obvious objection raised by Cochrane is that neither Germany nor Italy has a national currency to manipulate—both use the euro.

In the News

Happy Anniversary, Economy! (Maybe. Sort Of. On Second Thought … )

quoting Robert E. Hallvia The New York Times
Saturday, June 8, 2019

Imagine that you’re about to celebrate a big anniversary, but start running into unnerving problems. First, you don’t know exactly when you should celebrate. Or, really, whether you should celebrate at all — and you won’t have a reliable answer for months, maybe years.


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