Michael Boskin, Senior Fellow at the Hoover Institution and T. M. Friedman Professor of Economics at Stanford University, discussed “Why Is Social Security So Hard to Reform and What Can Be Done About It?”
Peter Thiel spoke about the basic principles that underlie innovative products and startup firms, using examples from his own experience starting up firms such as Paypal and Palantir. He emphasized the importance of creating a firm or product with characteristics of monopoly, and contrasted that idea with the distinction between monopoly and competition taught in economics.
Anil Kashyap, the Stevens Distinguished Service Professor of Economics and Finance at the University of Chicago Booth School of Business, discussed “Financial Stability and Monetary Policy?” (with Caspar Siegert)
Steve Davis, the William H. Abbott Professor of International Business and Economics at the University of Chicago’s Booth School of Business, discussed “The Social Impact of Private Equity over the Economic Cycle” with John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda.
Kevin Hassett, Distinguished Visiting Fellow at Hoover and former Chairman of the Council of Economic Advisers, discussed “An Evaluation of the Economics Effects of the Tax Cuts and Jobs Act of 2017.”
Stephen Haber, Peter and Helen Bing Senior Fellow at the Hoover Institution and the A.A. and Jeanne Welch Milligan Professor in the School of Humanities and Sciences at Stanford University, discussed “The Ecological Origins of Economic and Political Systems.”
Casey Mulligan, Professor of Economics at the University of Chicago, discussed “The Employer Penalty, Voluntary Compliance, and the Size Distribution of Firms: Evidence from a Survey of Small Businesses.”
Does the US patent system as currently constituted hold up or push forward the commercialization of technological innovations? Does the US patent system frustrate or facilitate the inventive activities and entrepreneurial processes central to economic growth? The US patent system is a solution to a delicate balancing act where the complete absence of intellectual property rights or the overly broad specification of those rights can thwart innovation. Inventors require the means to earn a return on the years spent perfecting an invention
Lawrence Summers, President Emeritus and Charles W. Eliot University Professor at Harvard University, and former U.S. treasury secretary, talked about “Responsible Nationalism.”