Working Papers
The Anatomy of Capital Returns over the Very Long Run: Germany, 1465–2025
Economics Working Paper 26128
November 6, 2026
The question on everyone’s mind: when will society revert to its pre-coronavirus existence, and is such a restoration remotely possible? Hoover senior fellows John Cochrane, Niall Ferguson, and H. R. McMaster reflect on the various factors—economic policies, governments restoring civil liberties, nations working in tandem, the search for a COVID-19 vaccine—that will lead to the “new normal.”
Recorded April 14, 2020 2PM PT
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Money and Power: Historical Lessons for Stablecoins and U.S Dollar Dominance
The Hoover Institution Economic Policy Working Group hosted “Money and Power: Historical Lessons for Stablecoins and U.S Dollar Dominance” with Michael D. Bordo, the Duncan Stewart Distinguished Visiting Fellow at the Hoover Institution.
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