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Analysis and Commentary

Free The Jesuit Slaves!

by David R. Hendersonvia EconLog
Tuesday, January 30, 2018

Much of the confusion prevailing in the historical study of liberalism can be traced to John Stuart Mill, who occupies a vastly inflated position in the conception of liberalism entertained by English-speaking peoples.

Featured

Meet The Man Poised To Take Over The World Economy

by Niall Fergusonvia Boston Globe
Monday, January 29, 2018

The most interesting man at this year’s World Economic Forum was a rather scrawny 53-year-old former English teacher from Hangzhou in eastern China whose business is poised to take over the world economy: Jack Ma, the founder and chairman of Alibaba.

Interviews

Niall Ferguson On Amanpour On PBS

interview with Niall Fergusonvia PBS
Monday, January 29, 2018

Hoover Institution fellow Niall Ferguson discusses President Trump's economic record.

Interviews

John Taylor: Annual Economic Forecast At The Commonwealth Club

interview with John B. Taylorvia Commonwealth Club
Friday, January 26, 2018

Hoover Institution fellow John Taylor discusses changes to taxes on the horizon, health care in flux, housing prices continuing to rise, continued governmental gridlock as well as external threats to the US from North Korea and terrorism, and what it all means for your business, your investments, and the greater economy for 2018.

In the News

What's The PBOC's Optimal Monetary Policy In Response To The Fed Interest Rate Hikes?

mentioning John B. Taylorvia Capital Watch
Sunday, January 28, 2018

With the world's two largest economies so closely involved, how should China’s central bank respond to the Federal Reserve's move toward long-term rate hikes?

Analysis and Commentary

The Economics Of Canada's Coming Marijuana Legalization

by David R. Hendersonvia EconLog
Saturday, January 27, 2018

Bill Bewick, whose bio identifies him as "an Edmonton-based political consultant and public policy analyst who served as the Wildrose Official Opposition Director of Policy from 2010-2017," has written an excellent analysis of the coming legalization of marijuana on or about July 1, Canada Day, which is as close as Canada has to July 4. Cannabis Day?

Analysis and Commentary

Henderson On Monopsony Power In Labor Markets

by David R. Hendersonvia EconLog
Saturday, January 27, 2018

David R. Henderson, an economist at the conservative Hoover Institution, said the existence of additional options outside a worker's current occupation or city made him skeptical that concentration was having an effect on wages. Skilled workers, he said, can seek out opportunities in other cities. Less-skilled workers can change occupations relatively easily.

Analysis and Commentary

Burger King Has It Its Way

by David R. Hendersonvia EconLog
Friday, January 26, 2018

Clemson University economist, and expert on the FCC and net neutrality, Thomas W. Hazlett, wrote the following on Facebook yesterday (he gave me permission to quote) about Burger King's now-famous (infamous) exposition of net neutrality.

Featured

News Comments

by John H. Cochrane via Grumpy Economist
Friday, January 26, 2018

The tariff and the wall were the big news this week, with some lessons for looming infrastructure.

In the News

Financial Regulators Too Often Think “This Time Is Different”

quoting Charles Calomiris, Stephen Habervia The Economist
Saturday, January 27, 2018

For a phenomenon with such predictably bad outcomes, a financial boom is strangely seductive. Not a decade after the most serious financial crisis since the Depression, the world watches soaring markets with a mixture of serenity and glee. Natural impulses make finance a neck-snappingly volatile affair. Governments, though, deserve heaps of blame for policies that amplify both boom and bust. As regulators begin picking apart reforms only just enacted, it is worth asking why that is so.

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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