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In the News

Fed Should Avoid Undermining Itself, Plosser Tells Shadow Committee

featuring Charles I. Plosservia The Bond Buyer
Monday, September 30, 2019

Not all of the threats and challenges to the Federal Reserve’s independence and credibility are external, according to former Federal Reserve Bank of Philadelphia President Charles Plosser.

In the News

What Impeachment Could Mean For The Economy

quoting Kevin Hassettvia Politico
Monday, September 30, 2019

How impeachment could impact the economy — I write here this morning about ways in which a long and ugly impeachment battle could hamper an economy that is already in a bit of a slow patch. Risks include a stalled USMCA and hits to consumer and business confidence. During the Clinton impeachment in 1998, growth surged close to 5 percent, offering a political buffer.

Policy Seminar with Jesús Fernández-Villaverde

Tuesday, September 24, 2019
Annenberg Conference Room, Lou Henry Hoover Building

Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, discussed his future book with Lee Ohanian: Capitalism and Freedom in the 21st Century.

Event
In the News

Monetary Policy In The 21st Century: An Allan Meltzer Perspective

mentioning John B. Taylorvia AEI
Thursday, October 10, 2019

The world’s central banks face unprecedented challenges in the 21st century. With balances sheets expanded by more than US$10 trillion and seemingly stuck in a low interest rate quagmire, central banks are increasingly strained in dealing with low inflation and economic uncertainty. This event will discuss what Allan Meltzer, the late renowned monetary theorist and historian, might have made of current monetary policy developments.

In the News

University Of Ottawa Speech On Thursday

mentioning David R. Hendersonvia EconLog
Sunday, September 29, 2019

On Thursday, October 3, I’ll be giving a speech at the University of Ottawa in Ottawa, Ontario. The topic is "An Economist’s Case for a Non-Interventionist Foreign Policy."

Interviews

Tim Kane: Looking Beyond The Term 'Income Inequality'

interview with Timothy Kanevia Yahoo Finance
Friday, September 27, 2019

Hoover Institution fellow Tim Kane discusses the news that the number of US households living in poverty is down.

Analysis and Commentary

Banking Strategy

by Raghuram Rajanvia Economic Times (India)
Friday, September 27, 2019

Is privatisation of public sector banks the answer? Much of the discussion on privatisation seems to make assumptions based on ideological positions.

In the News

Do Cash Transfers Work?

cited Elena Pastorinovia Federal Reserve Bank of Minneapolis
Tuesday, September 10, 2019

Nations around the world have addressed problems of poverty—malnutrition, poor health care, inadequate education—with “conditional cash transfer” programs (CCTs). These programs provide small cash stipends to participants who engage in specified behaviors—like buying healthy foods, attending maternal health clinics, or sending children to school. They’ve been widely adopted, from Brazil to Indonesia. Even New York City has a CCT.

Analysis and Commentary

Real Recession Worry Should Involve Progressive Economic Policies

by Richard A. Epsteinvia Las Vegas Review Journal
Saturday, September 28, 2019

Conventional wisdom holds that the outcome of presidential elections turns on the state of the economy. Thus far, notwithstanding some conspicuous ups and downs, the Trump administration should reap the benefits of a positive economic performance. Nonetheless, a faction of observers thinks a major recession is in the wings. Its expected arrival date is next year, just in time to wreak havoc in the 2020 election. 

InterviewsEconomy

Lanhee Chen: Policy Expert: China Believes They Can 'Wait Out' Trump On Trade Talks

interview with Lanhee J. Chenvia Yahoo Finance
Friday, September 27, 2019

Hoover Institution fellow Lanhee Chen discusses trade tensions between the US and China.

Pages

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