The past century has witnessed dramatic improvements in the standard of living in the United States. Panelists will discuss the role that free markets, property rights, innovation, regulation, and national security have played in this remarkable advancement in human well-being.
This session will discuss the historical sources of prosperity in the United States and will look at the drivers of prosperity over the next century. Panelists will also address the ongoing debate about the impact of artificial intelligence and robotics on standards of living and the relevant facts and data to consider.
Guest Speaker: Andrew Crockett (President JP Morgan Chase International, former President of the BIS)
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.
Hoover Institution economists have generated many ideas on tax reform and monetary reform over the years, from the Friedman Rule and government spending limits to the Hall-Rabushka Flat Tax and the Taylor Rule. Panelists will discuss the origination of such ideas, how they have been applied in practice in the United States and other countries, and the future of such reform-oriented policy.
Nowhere are good economic ideas more important for growth and stability than in labor and capital markets. Enormous technological, political, and demographic shifts in the past one hundred years have changed what is feasible and what works in practice. Panelists will discuss how ideas about the roles of government and private enterprise have changed, how good ideas stressing economic freedom can be advanced into action, and the influence of globalization on the ability of governments to apply good ideas to capital flows and immigration.
Jesús Fernández-Villaverde, Professor of Economics at the University of Pennsylvania, discussed his future book with Lee Ohanian: Capitalism and Freedom in the 21st Century.
Chairman Hebert Dwight convened the meeting of the Hoover Institution Board of Overseers at the Willard InterContinental hotel in Washington, DC, on Sunday, February 24, 2013.
Policy Seminar on the Evolution of U.S. Foreign-Exchange-Market Intervention: Thesis, Theory, and Institutions
Guest Speakers: Michael Bordo (Hoover Institution National Fellow and Professor of Economics and Director of the Center for Monetary and Financial History at Rutgers University, New Brunswick, NJ), and Owen Humpage (Senior Economic Advisor at the Federal Reserve Bank of Cleveland)
Douglas Irwin, the John Sloan Dickey Third Century Professor in the Social Sciences at Dartmouth College, discussed “Lessons from U.S. Trade Policy History.”
The Europe of the early 21st century is rapidly changing, as European institutions evolve, populations age, and new political forces emerge. The panelists review how internet and communications technologies, new means of production, and rapid flows of people are affecting governance across the continent.
The Hoover Institution hosted a public panel discussion "Europe in an Emerging World" on Monday, February 4, 2019 from 4:00pm - 5:15pm PST. The event was Livestreamed and can be viewed here.
This conference aims to consider central bank reforms relating to governance, oversight, and effectiveness. Since the Hoover conference “Frameworks for Central Banking in the Next Century,” held in May 2014, debates about central bank policy have intensified. This second conference will be in a round-table format, with short opening presentations, a lead discussant, and general discussion.
Guest Speaker: Leszek Balcerowicz (former Finance Minister and Central Bank Governor of Poland)
Renewing Indigenous Economics Forum talk by James A. Robinson Professor, University of Chicago, on Why Indian Nations Fail on Monday, September 24, 2018 at Stauffer Auditorium, Hoover Institution, Stanford University.
The world economy has recently been experiencing highly volatile foreign exchange and capital markets, a spread of unusual monetary policy actions, and disappointing growth and stability. These developments have led to a host of policy proposals ranging from reforms of the international monetary system built on rules-based monetary policy in each country to more interventions in the form of capital controls, exchange market actions, and macro-prudential regulations. The aim of the conference is to examine these recent developments and consider policy options.
Thomas Hazlett, former chief economist with the US Federal Communications Commission, presented his book The Political Spectrum: The Tumultuous Liberation of Wireless Technology on the history of spectrum regulation. In the moment that “net neutrality” is revoked, essentially deciding not to apply the utility regulation regime that telephones, radio, and TV worked under for most of the last century, the subject is certainly topical.
Ken Judd, the Paul H. Bauer Senior Fellow at the Hoover Institution, discussed his work on “Optimal Carbon Policy with Business Cycle and Climate Risks” and presented his paper, “The Social Cost of Carbon with Economic and Climate Risks,” joint with joint with Yongyang Cai (Hoover Institution) and Thomas Lontzek (University of Zurich).
Guest Speakers: Michael Bordo, Allan Meltzer, George Shultz, and John Taylor