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.
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.
When I first took economics, I learned from my textbook (Samuelson) the fallacy of post hoc, ergo propter hoc...
Two centuries ago, when there were plans to create a huge fund of money to pay off Britain's national debt...
Alan Greenspan, that grandmaster of good timing, last week described the current financial crisis as “probably a once-in-a-century event”...
For an economist, these are the best of times and the worst of times. . . .
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 decent education doesn’t merely confer good grades. It confers the ability to understand complex social issues—the health care battle, for instance. By Chester E. Finn Jr.
When John McCain accepts the Republican nomination tonight, he will address a party that doubts itself...
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.
Debt-to-GDP ratios over 90% have significant impact on the pace of economic growth. . . .
People must abandon the mad idea that they can borrow their way back into solvency. By Niall Ferguson.
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.
Revisiting the founding father to whom a national debt, properly funded, represented “a national blessing.” By Michael W. McConnell.
Will China end its partnership with a weakened America and strut alone across the world stage? By Niall Ferguson.