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In the News

Economic Forecast Luncheon

featuring John H. Cochrane via Grumpy Economist
Wednesday, November 28, 2018

On Wed Nov 28 I will be giving a talk at the ASU Forecast Luncheon in Phoenix. Blog readers will likely be bored, as I'm going to unapologetically recycle blog material, emphasizing strategies for long run growth. But you may find it amusing, and do say hi if you're one of my dozens of readers.


California Budget Realities And The Coming Backlash Against The Democratic Party

by Lee Ohanianvia California on Your Mind
Tuesday, November 27, 2018

Since the midterm elections, California political discussions have been focused on the implosion of the California Republican party and the increased dominance of the Democratic party. Despite these trends, there are several reasons why I expect to see enormous pressure on the California Democratic party to significantly change their future economic priorities and policies. And this may happen sooner rather than later, just as there was a strong and unexpected national reaction against the Democratic party in 2010 and in 2016.

Analysis and Commentary

Trump's Shocking Trade Preferences

by David R. Hendersonvia EconLog
Monday, November 26, 2018

I knew that Donald Trump has long been suspicious of international trade and has worn his uninformed anti-trade preferences as a badge of honor. I’ve argued with pro-Trump friends that his proposed replacement for NAFTA is good only because it isn’t as bad on trade as I feared it would be: it will, if passed, reduce gains from trade for both sides, but not as much as I had feared.

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Thomas Sowell on the Myths of Economic Inequality

interview with Thomas Sowellvia Uncommon Knowledge
Monday, November 26, 2018


What are the myths of economic inequality, and why is socialism often posed as the solution?

Analysis and Commentary

Anat Admati On The Financial Crisis Of 2008

by Russell Robertsvia EconTalk
Monday, November 26, 2018

Anat Admati of Stanford's Graduate School of Business talks with EconTalk host Russ Roberts about the financial crisis of 2008, the lessons she has learned, and how it has changed her view of economics, finance, and her career.

In the News

Giving Thanks For A Cup Of Coffee And The Invisible Hands That Make It Possible

quoting Thomas Sowellvia AEI
Sunday, November 25, 2018

In the video above from today’s CBS Sunday Morning program, A.J. Jacobs discovers his “inner Adam Smith” to express his gratitude for the thousands of invisible hands that are part of the “radical global interconnectedness ” that brings him his morning cup of coffee.

Analysis and Commentary

The Wrong Lesson

by David R. Hendersonvia EconLog
Sunday, November 25, 2018

My state senator, who is also majority leader of the California Senate, is Bill Monning. We’ve generally gotten along well, having been on a panel on the Iraq war at our daughters’ school in the spring of 2003 and having both spoken at an antiwar rally last decade. We were on the same side on both issues.

In the News

Kamala Harris, Cory Booker’s New ‘Free Money’ For All Plan Kills Work Incentive, Self-Reliance

quoting Thomas Sowellvia BizPac Review
Sunday, November 25, 2018

A taxpayer-funded gravy train promoted by Democrats Kamala Harris and Cory Booker that would provide “free money” to low-income and middle-class Americans would add trillions to the US debt and result in higher unemployment. That’s the assessment of several public-policy think tanks.

In the News

Bring On The Powell Put

quoting Martin Feldsteinvia Seeking Alpha
Thursday, November 22, 2018

It has certainly been a wild ride in the markets in the last two months, and the jury is out on whether this is just a garden variety market correction or the beginning of a bear market.

Analysis and Commentary

AARP Opens The Window On Social Security Reform

by David R. Hendersonvia EconLog
Wednesday, November 21, 2018

A few years ago, I succumbed and joined the AARP. My economic interest overcame my ideology: by joining, I would save more on one optometrist appointment than the annual fee.


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