Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, presents the impact of government spending (Keysenian theory) versus a free market solution (Hayek theory) on the economy using a rap video.
In this podcast Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, discusses, with John Papola of Emergent Order, their collaboration on creating rap videos based on the ideas of John Maynard Keynes and F. A. Hayek.
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. . . .
In this podcast Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, discusses, with Angus Burgin of Johns Hopkins University and the author of the Great Persuasion, the idea in his book—the return of free market economics in the aftermath of the Great Depression.
Hoover fellow Russell Roberts is using rap music to make the dismal science far less dismal. By Charles Lindsey.
We’re building a website that will be the home for the Keynes/Hayek rap video along with interviews with leading macroeconomists and other good stuff. . . .
As of late 2016, the adult work rate in America was still at its lowest level in more than 30 years. To put things another way: If our nation’s work rate today were back up to its start-of-the-century highs, well over 10 million more Americans would currently have paying jobs.
The main unifying theme of the conference is that successful policy requires that central bankers’ decisions be based on clearly-understood rules—including legal limits, institutional structures, mandates, traditions, procedures, or formulas—and not solely on discretion.
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...
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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John Papola and Russ Roberts just put their Hayek versus Keynes rap video on youtube. . . .
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.
In a recent comment, TopCat asks:...
In this podcast Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, discusses, with Lawrence H. White of George Mason University and author of the Clash of Economic Ideas, economists and ideas of the past one hundred years. They discuss Keynes and Hayek, monetary policy, the Great Depression, Germany after the Second World War, the economy of India, and the future of monetary policy.
The history of economic thought in the twentieth century is a bit like the history of Christianity in the sixteenth century...
I am having trouble verifying how the rules regarding capital requirements changed between 2002 and 2004 for financial institutions. . . .
Soerson writes in the comments to an earlier post: Such an effort is hardly new...
I recently finished Krugman's The Return of Depression Economics and the Crisis of 2008...
I am scheduled to interview Riccardo Rebonato tomorrow for EconTalk...
In this post, I speculated that many (most) Americans were skeptical of the stimulus package...