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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...
Barro, Galbraith debate US economic policy on Bloomberg
Robert Barro, a senior fellow at the Hoover Institution, the Paul M. Warburg Professor of Economics at Harvard University, and a research associate of the National Bureau of Economic Research, debates, with James Galbraith, a professor at the University of Texas in Austin, what is wrong with the US economy, the effectiveness of fiscal austerity versus stimulus, and ways to spur growth.
Daron Acemoglu on Inequality, Institutions, and Piketty
Daron Acemoglu, the Elizabeth and James Killian Professor at the Massachusetts Institute of Technology, talks with EconTalk host Russ Roberts about his new paper co-authored with James Robinson, "The Rise and Fall of General Laws of Capitalism," a critique of Thomas Piketty, Karl Marx, and other thinkers who have tried to explain patterns of data as inevitable "laws" without regard to institutions. Acemoglu and Roberts also discuss labor unions, labor markets, and inequality.
Global Scorecard for the Economic Slowdown
Former World Bank chief James D. Wolfensohn and historian Niall Ferguson gave a gloomy assessment of the world economy and said that while the outlook for the U.S. is dim, that for Europe is far worse...
The Minimum Wage Harm That Few Are Talking About
Ball State University economists Philip R.P. Coelho and James E. McClure wrote a short piece recently that makes an obvious and telling point. But even though it's obvious, few people who discuss the minimum wage are talking about it. And that's tragic.
Tax Code Should Be ‘Tossed Out,’ Expert Tells Senators
Tax experts agreed Tuesday that comprehensive tax reform will help boost economic growth, with one expert suggesting the best way to achieve this is to "toss out" the current tax code and start again.
Why Does The Federal Reserve Fear A Real Audit?
What is Janet Yellen afraid of? That question will be percolating in Congress next week when the Senate Banking Committee starts considering proposals for reforming the Federal Reserve that she chairs.
Mankiw On Dynamic Scoring
The issue: When the congressional budget office "scores" legislation, figuring out how much it will raise or lower tax revenue and spending, it has been using "static" scoring.
Krugman Versus Krugman On Labor Versus Butter
"But labor economists have long questioned this view. Soylent Green -- I mean, the labor force -- is people. And because workers are people, wages are not, in fact, like the price of butter, and how much workers are paid depends as much on social forces and political power as it does on simple supply and demand."
Ed Lazear On CNBC
CNBC's Rick Santelli discusses jobs report, productivity gains, and trade promotion authority, with Ed Lazear, Hoover Institution senior fellow.
Charles Blahous On The John Batchelor Show (9:35)
Charles Blahous talks about the Congressional Budget Office and the influence on elections.
Rubio-Lee Isn't Great
Co-blogger Scott Sumner, over at his TheMoneyIllusion blog, has a post titled "Rubio-Lee is great, so why not make it even greater?"
Republican Senators Lee And Rubio Timidly Talk Tax Reform
In their Wall Street Journal article of March 3, 2015, Republican Senators Mike Lee and Marco Rubio throw their tax reform hat into the ring.
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.
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.
Taking On Robert Reich And The Myth Of The 'Non-Working Rich'
In his Huffington Post essay The Rise of the Working Poor and the Non-Working Rich, Robert Reich complains that: “America’s legendary ‘self-made’ men and women are being fast replaced by wealthy heirs…” Reich’s proposed remedy: raising taxes on the rich, especially inheritance taxes.
Scott Sumner On Interest Rates
Scott Sumner, of Bentley University talks with EconTalk host Russ Roberts about interest rates. Sumner suggests that professional economists sometimes confuse cause and effect with respect to prices and quantities.
Calif. Ballot Battle Over Big Oil May Be Costliest in U.S. History
Call it the battle of Big Oil vs. Silicon Valley with a whole lot of Hollywood funding thrown in…