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Rebecca Diamond: The Evidence Against Rent Control

interview with Rebecca Diamondvia NPR
Friday, March 29, 2019

Hoover Institution fellow Rebecca Diamond discusses rent control as it returns to some communities. But evidence suggests there are better ways to keep low-income people housed.


Thomas Sowell On The Ricochet Podcast: Sweet Sowell Music (7:48)

interview with Thomas Sowellvia Ricochet
Friday, March 29, 2019

Hoover Institution fellow Thomas Sowell discusses the reissue of his classic book Discrimination and Disparities  as well as the rise of socialism, reparations, and more. 

Analysis and Commentary

The Federal Minimum Wage Increase Hurt Many Low-Skilled Workers

by David R. Hendersonvia EconLog
Friday, March 29, 2019

We find that increases in the minimum wage significantly reduced the employment of low-skilled workers. By the second year following the $7.25 minimum wage’s implementation, we estimate that targeted individuals’ employment rates had fallen by 6.6 percentage points (9%) more in bound states than in unbound states. The implied elasticity of our target group’s employment with respect to the minimum wage is −1, which is large within the context of the existing literature.

Policy InsightsFeatured

Economic Growth

by John B. Taylor, John H. Cochrane , Michael J. Boskin, John F. Coganvia PolicyEd
Monday, July 23, 2018

America’s economy may seem stable at first glance but that doesn’t necessarily mean it’s doing well. While many believe that our economy is at its best under the circumstances, history shows a different picture.

In the News

The Commonality Of The 21st Century: Record Debt, Hyperinflation & Bitcoin

quoting Thomas Sowellvia Bitcoin Exchange Guide
Sunday, March 31, 2019

The grand total of US debt has reached $222 trillion dollar, 300% of the GDP which is rising at the rate f $1 trillion every year. But nobody seems to care with ‘printing’ available as a solution. But with this money creation out of thin air has already turned the currencies into dust with hyperinflation, will Bitcoin emerge as the salvation.


Operating Procedures

by John H. Cochrane via Grumpy Economist
Friday, March 29, 2019

The Fed sets interests rates. But how does the Fed set interest rates? The Fed is undergoing a big review of this question. We had a little workshop at Hoover, in preparation for the larger May 3 Strategies for Monetary Policy conference, which provokes the following thoughts.


John Yoo: National Review Institute Ideas Summit, Part 1

interview with John Yoovia C-SPAN
Friday, March 29, 2019
Hoover Institution fellow John Yoo joins a panel discussion at the Ideas Summit in Washington, DC.
In the News

Pre-Existing Conditions: Risk Mitigation

quoting John H. Cochrane via Advantage News
Friday, March 29, 2019

John Cochrane, a senior fellow at the Hoover Institute, has called the problem of pre-existing medical conditions “the central defect of American health insurance.” No health care reform plan will be successful without solving this problem.


Raghuram Rajan On Why Minimum Income Works, And The RSS' 'Threat To India'

interview with Raghuram Rajanvia Money Control
Thursday, March 28, 2019

Hoover Institution fellow Raghuram Rajan talks about why the economic system looks broken and how to fix it.


Raghuram Rajan On Jet Bailout: Not Necessary For Every Company To Go Through IBC

interview with Raghuram Rajanvia The Economic Times
Thursday, March 28, 2019
Hoover Institution fellow Raghuram Rajan says that the bankruptcy code should act as a shadow and should be the last resort for resolution of stressed assets.


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