Does outsourcing—whether it means the transfer of customer service and high-tech jobs to India or of manufacturing jobs to China—benefit the American economy or harm it? And if American workers are being harmed by outsourcing, what should be done about it? Do we need legislation to prevent corporations from sending jobs overseas? Or should we focus our attention on creating new opportunities for the American labor force through education and job training?
A series of devastating accounting scandals at Enron, WorldCom, and Tyco, to name a few, have shaken the public's trust in the ethics and business practices of America's large corporations. What are the underlying factors behind this recent wave of scandals? Is deregulation the culprit? If so, do we need more regulation or merely better enforcement of existing regulations? Does the confluence of corporate lobbying and campaign contributions encourage corporate malfeasance? If so, what political reforms are necessary?
In this episode of Uncommon Knowledge, guest Peter Thiel, one of Silicon Valley’s leading investors and thinkers, discusses his new book Zero to One.
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and a member of the Property Rights, Freedom, and Prosperity Task Force, notes that redistribution and stimulus will not create jobs but that a massive liberalization of labor markets will.
Richard Epstein the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, considers proposals for increasing the minimum wage, requiring paid sick leave and maternity leave for employees, and toughening anti-discrimination laws.
Calomiris points out that Joe Stiglitz, Jonathan Orszag, and Peter Orszag were hired by Fannie Mae to write a paper in 2002 defending the claim that the odds of Fannie Mae ever getting into financial trouble were extremely low. . . .
Richard Epstein the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, weighs in on the politics of the fiscal cliff and the fight over the debt ceiling. He considers the potential consequences of the nation's current debt crisis and wraps up with prescriptions to get the nation back on a sounder fiscal footing.
This week on Uncommon Knowledge columnist James Delingpole discusses, with Hoover research fellow Peter Robinson, the European Union, the Green movement, and socialized medicine. (47:41)
The huge impact of the COVID-19 virus on the US and world economies.
How well did our leaders handle the financial crisis? . . .
The President should take a page from Francois Mitterand. . . .
Hoover fellow and Stanford Business School professor Ed Lazear and BlackRock Investment Institute senior director Peter Fisher discuss the labor economy and immigration reform on Bloomberg TV's Market Makers.
Douglas Irwin, professor of economics at Dartmouth College, explains and defends free trade.
Staying competitive in a precarious industry.
Discussing today's jobs report and what the nation needs to do to get back to work, with CNBC's John Harwood & Steve Liesman; Robert Reich, former Labor Secretary; Stephen Moore, Wall Street Journal editorial board; Victor Davis Hanson, Hoover Institution and Peter Navarro, University of California-Irvine. . . .
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, reminisces about Margaret Thatcher, labor, unions, free trade, and markets. Epstein notes that Thatcher was fine with the European Union being a free trade society but did not want a European Union with centralized regulations. Epstein emphasizes that Thatcher was right concerning the European monetary policies. She was a titan of the twentieth century.
Stephen Haber, the Peter and Helen Bing Senior Fellow at the Hoover Institution, discussed the history of politics and banking in his talk entitled “Fragile by Design: The Political Origins of Banking Crises and Scarce Credit.
In this Uncommon Knowledge classic from February 10, 1999, Milton Friedman, recipient of the Nobel Prize in Economic Science in 1976 and a senior research fellow at the Hoover Institution from 1977 to 2006, discusses, with Hoover research fellow Peter Robinson, what defines a libertarian and how Friedman balances the libertarians' desire for a small, less intrusive government with environmental, public safety, food and drug administration, and other issues.
In this episode of Uncommon Knowledge, Peter Robinson interviews Hoover fellow and author Thomas Sowell on his 5th edition of Basic Economics: A Common Sense Guide to the Economy. In this interview, Sowell brings the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Sowell draws on lively examples from around the world and from centuries of history.