As part of his continuing series Making Sense of financial news, Paul Solman has a unique look at the legacy of economist John Maynard Keynes, who first introduced the concept of government intervention in the economy, and his countertenor Friedrich Hayek. . . .
Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
If one had to pinpoint the birth of globalization, a good bet would be Aug. 15, 1971, when President Richard Nixon dropped the U.S. dollar's convertibility to gold...
The raw footage of my conversation with Robert Skidelsky is now up at the NewsHour. . . .
This week's EconTalk is with my Nobel-prize winning colleague, Vernon Smith...
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.
A number of folks have asked me (Sam Grove in the comments to this post, for example) for my impression of how the piece on the NewsHour came out relative to the actual interview, its fairness, etc. . . .
A crude attempt to “realign” China’s currency would do more harm than good. By Charles Wolf Jr.
Short-term gimmicks and uncertainty continue to keep long-term growth out of reach. By Edward P. Lazear.
For an economist, these are the best of times and the worst of times. . . .
Timothy Garton Ash discusses Europe, China And The World After COVID-19.
A return to first principles: economic freedom leads to economic success. By John B. Taylor.
The quarter-century of economic expansion that began in the 1980s demonstrated the virtues of limited government. How quickly our politicians forget. By John B. Taylor.
A recession is a terrible time to make major changes in the economic rules of the game. . . .
Analyzing the global financial crisis and its aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.
Although under intense political pressure, the Federal Reserve needs to return to its apolitical core mission: monetary stability. By John B. Taylor and Paul D. Ryan.
Sunny, simplistic views of taxes, imports, and wages—welcome to “do it yourself” economics. By Mark Harrison.
Revisiting the founding father to whom a national debt, properly funded, represented “a national blessing.” By Michael W. McConnell.
Making sense of the trade deficit