Hoover Senior Fellow John F. Cogan’s book, The High Cost of Good Intentions: A History of U.S. Federal Entitlement Programs, won the 2018 Hayek Book Prize.
The personal papers of George Koether, now available for research, offer insights to the economic and political thought in the United States during the mid-twentieth century, as well reflecting Koether’s relationships with fellow economists such as Henry Hazlitt, Murray Rothbard, and Friedrich Hayek.
Some of the last remaining papers of the economist and Nobel laureate Friedrich von Hayek (1899–1992) arrived at the Hoover Institution Archives in May.
One of the country’s leading economists, Hoover Institution senior fellow John B. Taylor, has been named this year’s recipient of the prestigious Hayek Prize for his book First Principles: Five Keys to Restoring America’s Prosperity (W.W. Norton 2012). The $50,000 Hayek Prize—one of the major book prizes in the country—is awarded by the Manhattan Institute in New York to honor the book that best reflects economist and Nobel laureate Friedrich Hayek’s vision of economic and individual liberty. Taylor will accept the prize and deliver the Hayek Lecture on May 31 in New York City.
As part of the inaugural Hoover Institution Library and Archives’ Workshop on Political Economy, Professor Angus Burgin of Johns Hopkins University gave the keynote lecture titled "Hayek, Friedman, and the Return of Laissez-Faire."
In the new book Reflections on Allan H. Meltzer’s Contributions to Monetary Economics and Public Policy, Meltzer is memorialized and celebrated by prominent economists in eleven essays. The authors remember the man and reexamine his legacy, including his many contributions to monetary economics and public policy.
The Hoover Institution hosted its Board of Overseer’s winter meeting in Washington, DC, from February 26, 2012, to February 28, 2012. The event began on Sunday evening with six presenters. Fouad Ajami, senior fellow at the Hoover Institution and the cochair of the Herbert and Jane Dwight Working Group on Islamism and the International Order, and Charles Hill, research fellow at the Hoover Institution, gave a talk titled “A Year of Living Dangerously: The Arab Awakening, the American Retreat, and the Dangers for World Order Beyond.”
Now in its fourth year, the Hoover Institution Library & Archives’ Workshop on Political Economy brings together scholars from across the globe to study the history of economic thought using the archives of such notable thinkers as Karl Popper, Milton Friedman, and F.A. Hayek. This year the workshop welcomed Leah Wright Rigueur, Assistant Professor of Public Policy at Harvard University and author of The Loneliness of the Black Republican: Pragmatic Politics and the Pursuit of Power (2015), who presented a keynote address on June 28th.
Final Report by Commission on the Twenty-first-Century EconomyHoover Fellows Michael Boskin and John Cogan Commission Members
California’s Commission on the Twenty-first-Century Economy released its final report on Tuesday, September 29.
Hoover Fellows Boskin and Cogan among Appointments by Gov. Schwarzenegger and Legislative Leaders to Bipartisan Commission on the 21st-Century Economy
SACRAMENTO -- Governor Arnold Schwarzenegger and legislative leaders on Wednesday announced that two Hoover Institution fellows are among those appointed to the Commission on the 21st-Century Economy.
Four Fed presidents, distinguished economists, and a large media presence signaled the first day of the Conference on Frameworks for Central Banking in the Next Century, organized by Hoover senior fellow John B. Taylor.
On October 15, the second episode of Hoover’s chartcast series The Numbers Game was released. Hoover fellows John Taylor and Russell Roberts discuss possible explanations for the sluggish recovery from the current recession, which began in 2007. By historical standards, the current recovery has been disappointing. Is it the ongoing slump in construction employment, the effect of housing prices on saving and spending decisions by households, or the aftereffects of the financial crisis? Taylor rejects this reasoning and argues instead that the sluggish recovery can be explained by poor economic policy decisions made by the Bush and the Obama administrations.
The current release builds on the first episode, which also addresses the recalcitrant economic recovery. Taylor explains that GDP has not returned to trend, that the percent of the population that is working is flat rather than rising, and that growth rates are below their usual levels after such a deep slump.
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Hoover welcomes the participants of the 2017 Workshop on Political Economy.
The Hoover Institution hosted the Board of Overseers’ Summer Meeting on July 12–14, 2011.
On Tuesday evening, Hoover fellows discussed topics relating to defense, global issues, entitlements, and the state of the economy. Victor Davis Hanson and Bruce Thornton’s speech was titled “America Abroad: Appeasement or Deterrence?” David Brady and John Cogan’s presentation was titled “Entitlements, Debt and Electoral Politics: How Did We Get Where We Are–and Where Do We Go from Here?” In their speech titled “The Road Ahead for the Fed: Two Years Later,” John Taylor and Kevin Warsh discussed the state of the economy today.
The Manhattan Institute hosted a banquet in New York City in honor of John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, who has been named this year’s recipient of the prestigious Hayek Prize for his book First Principles: Five Keys to Restoring America’s Prosperity (W.W. Norton 2012). “The Hayek Prize, which carries an award of $50,000, is one of the country's most significant book awards. It was established by the Manhattan Institute to recognize a work published within the previous two years that best reflects F.A. Hayek's vision of personal liberty and economic freedom,” stated James Piereson, a senior fellow at the Manhattan Institute, chairman of the Hayek Prize Committee and president of the William E. Simon Foundation.
When Hoover historian Jennifer Burns approached the challenge of organizing a new workshop several years ago, the thinking was big picture and collaborative: embrace scholarly interest on the wide-ranging subject of political economy.
More than fifty audiotapes in the records of the Mont Pèlerin Society, an international organization of laissez-faire economists, have been digitized for preservation and access by Hoover's audio lab. Many of the tapes contain proceedings of four of the society's meetings, held from 1956 to 1960. The 1958 meeting, in Princeton, New Jersey, featured Friedrich A. von Hayek, Milton Friedman, Ludwig von Mises, William H. Hutt, and other economists discussing the welfare state, agricultural economics, inflation, and monetary policy.
Nearly one hundred and fifty audiotapes of lectures delivered at the Institute for Humane Studies have been digitized for preservation and access by Hoover’s audio lab. The institute is a US nonprofit organization that promotes laissez-faire economics. The tapes include lectures on economics and political theory by Milton Friedman, Friedrich von Hayek, John Jewkes, Arthur Kemp, Felix Morley, Bruno Leoni, Jacques Rueff, and others.