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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...
Krugman And Netanyahu
Reading Paul Krugman's latest post on Greece motivated me to go back and reread an earlier post by Tyler Cowen at Marginal Revolution. And that got me thinking about Bibi Netanyahu's recent speech to Congress and an analytic piece by Steve Chapman on that speech. The bottom line: Krugman's thinking on Greece is a lot like Netanyahu's thinking on Iran.
MMM Partner Named to Stanford Institute for Economic Policy Research (SIEPR)
The Stanford Institute for Economic Policy and Research (SIEPR) at Stanford University has named John F. Sandy Smith to its Advisory Board...
Economists weigh Prop. 87 arguments: Those on both sides of oil-tax measure stretching to make case about effects on production, revenue
If there's one thing economists hate, it's a political ad making questionable claims about finance…
Economics 101: Demand is the demon behind high gas prices
The nation's journey to $3 per gallon gas has been more like a drag race than a meandering road trip…
Fed fix needed on debit swipe fees
Merchants simply won’t miss an opportunity to compete on price to draw traffic into their stores...
No Shortage Of Talent At Space Foundations' Space Technology And Investment Forum
Investing in space to build our future is the subject at hand ... Satnews' Publisher, Silvano Payne attended today's Space Technology and Investment Forum.
What To Do About London Housing
James Jirtle, a long-time reader of Marginal Revolution, recently wrote Tyler Cowen and asked his views about what to do about high housing prices in London. Mr. Jirtle listed 11 proposed responses and asked which Tyler thinks "are likely to be effective."
Annus horribilis: Two futuristic looks at the crash of 2009
In 2005's fictional "Countdown to a Meltdown," The Atlantic magazine's James Fallows describes America's coming economic crisis by looking back from the election of 2016 -- when the 46th president of the United States will be the first since before the Civil War to be neither Democrat nor Republican...
Acemoglu on why nations fail
In this podcast Russell Roberts, a research fellow at the Hoover Institution and EconTalk host, discusses, with Daron Acemoglu of MIT and author (with James Robinson) of Why Nations Fail, the ideas in the book: why some nations fail and others succeed, why some nations grow over time and sustain that growth and others grow and then stagnate. Acemoglu draws on an exceptionally rich set of examples over space and time to argue that differences in institutions—political governance and the inclusiveness of the political and economic system—explain the differences in economic success across nations and over time.
Pacific Century: Suing China?
Can the US Hold China Responsible for the Pandemic?
Oil Economics
I had been meaning to write a post about oil prices and the economy. Now this article in the New Yorker by James Surowiecki has beat me to it--and done it well. It's not that long and so I recommend reading it. I'll hit one highlight and then add a couple of my own thoughts.
Think Again And Again About The Natural Rate Of Interest
In a recent Wall Street Journal piece, “Think You Know the Natural Rate of Interest? Think Again,” James Mackintosh warns about the high level of uncertainty in recent estimates of the equilibrium interest rate—commonly called r* or the natural rate—that are being factored into monetary policy decisions by the Fed.
Evaluating America's Energy Policies One Year into the Obama Administration
Participants
Members of the Shultz–Stephenson Task Force on Energy Policy and distinguished invited experts in energy–related fields.
We expect to publish a record of discussions in consultation with participants
Purpose
To discuss seven critical energy issues that could be favorably influenced by effective public policies at the state, local, and fedral level. Where do these key energy issues stand in light of the past year's executive branch and congressional efforts and international developments? What is going right, what needs correcting, where are the gaps, what must be done to optimize policies?
Policy Seminar with Niall Ferguson
Niall Ferguson, the Milbank Family Senior Fellow at the Hoover Institution, focused on a global history of several pandemics and discussed “1918, 1957, 2020: Big Pandemics and their Economic Consequences."
GoodFellows: One Nation Under A Groove
In the final episode of the series for 2020, Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane reflect on lessons learned from the pandemic, Donald Trump’s future, the ruinous state of the Golden State, how society will differ in 2021, plus what gets them through their daily routines—a mixtape of UK punk, Philly-brand funk, and the soothing sounds of “Sweet Baby James” Taylor.
Policy Seminar with Mickey Levy and Peter Ireland
Policy Seminar with Mickey Levy, Chief Economist, Americas and Asia at Berenberg Capital Markets, and Peter Ireland, the Murray and Monti Professor in the Economics Department at the Morrissey College of Arts & Science at Boston College.
Fix the U.S. Budget! Urgings of an "Abominable No-Man"
Fix the U.S. Budget! is a firsthand account of the crucial and extraordinary events surrounding the federal budget during the 1980s. Miller's memoir is an original contribution to our understanding of the evolution and significance of events, and he provides firm and persuasive recommendations for fixing the U.S. budget.
Manhattan Institute honors Hoover fellow John Taylor
The Manhattan Institute hosted a banquet in New York City in honor of John Taylor, the George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University, who has been named this year’s recipient of the prestigious Hayek Prize for his book First Principles: Five Keys to Restoring America’s Prosperity (W.W. Norton 2012). “The Hayek Prize, which carries an award of $50,000, is one of the country's most significant book awards. It was established by the Manhattan Institute to recognize a work published within the previous two years that best reflects F.A. Hayek's vision of personal liberty and economic freedom,” stated James Piereson, a senior fellow at the Manhattan Institute, chairman of the Hayek Prize Committee and president of the William E. Simon Foundation.
Q&A: Edward Lazear
The chairman of the president’s Council of Economic Advisers explains why he’s so optimistic about the nation’s prospects. By James Pethokoukis.