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James Ceaser is the Harry F. Byrd Professor of Politics at the University of Virginia, director of the Program for Constitutionalism and Democracy, and was a senior fellow at the Hoover Institution. He is the author of several books on American politics and American political thought, including...
Ed Dolan On ShadowStats
It is hard to think of a website so loved by its followers and so scorned by economists as John Williams' ShadowStats, a widely cited source of alternative economic data on inflation and other economic indicators.
Krugman's Insightful Analysis Of Libertarians
I was too busy on April 1 to post an April Fool's Day entry. This isn't one. But my use of the word "insightful" in the title is meant to be ironic.
Room to Soar
We can get this sluggish recovery off the ground.
Keynesians in Retreat
They’ve been too wrong for far too long.
Know the Score
The House’s new “dynamic scoring” rule puts some badly needed economic sense into lawmaking.
Dishonest Demands
The “inequality warriors” don’t really care about enhancing the nation’s prosperity. What they really want is power.
Medicare Disadvantage
For an older population, relying on government-run health care is a very bad idea.
Three Fixes for ObamaCare
Target specific problems, enable the program to be fiscally sound, and create bipartisan support.
Brown Should Go All-In
He’s popular and California is (temporarily) solvent. This is the moment for Jerry Brown to put California into the black.
Going with the Market Flow
Even when the drought ends, California and the West will continue to thirst for water. Only a market can direct the flow where it needs to go.
Abraham Lincoln's War On Inequality
Abraham Lincoln would be embarrassed about the polarization of U.S. politics today, 150 years after his assassination. Make no mistake, Lincoln was a polarizing president.
Phil Rosenzweig On Leadership, Decisions, And Behavioral Economics
Phil Rosenzweig, professor of strategy and international business at IMD in Switzerland and author of the book Left Brain, Right Stuff: How Leaders Make Winning Decisions talks with EconTalk host Russ Roberts about his book.
Policy Powerhouse
Both a scholar and a skillful practitioner of the art of practical politics, the late Hoover fellow Martin Anderson took transformative ideas and made them real.
Wanted: A New Handbook On Macroeconomics
Stanford economist John Taylor last week convened a meeting among some of the world’s most distinguished economists at the Hoover Institution to lay out the second volume of the Handbook of Macroeconomics.
Rethinking Macro Policy III
Hoover fellow John Taylor discusses the future of monetary policy today.
Blanchard On Countours Of Policy
Olivier Blanchard, (IMF research director) has a thoughtful blog post, Contours of Macroeconomic Policy in the Future. In part it's background for the IMF's upcoming conference with the charming title Rethinking Macro Policy III: Progress or Confusion?” (You can guess my choice.)
Did Edwin Cannan Think A 100 Percent Income Tax Rate Was Fair?
The earliest 20th-century reference I have been able to find to a Laffer curve effect is in a 1901 article by London School of Economics professor Edwin Cannan.
Analysts Were Looking For A Number.....
that was [higher, lower] than actual [earnings, jobs created, unemployment rate, trade deficit, last quarter's GDP growth, etc.].
A Monetary Policy For The Future
Yesterday I spoke at a panel on “Monetary Policy in the Future,” with Ben Bernanke and Gill Marcus at an IMF event Rethinking Macro Policy.