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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...
Fed fix needed on debit swipe fees
Merchants simply won’t miss an opportunity to compete on price to draw traffic into their stores...
Why More Infrastructure Spending Is Unlikely to Create Jobs and Stimulate the Economy
Liquidity and IOR
Re: the big balance sheet and how it improves financial stability.
Rodney Garratt, Antoine Martin, and James McAndrews at the New York Fed have a very nice post, Turnover in Fedwire Funds Has Dropped Considerably since the Crisis, but It’s Okay.
Central Banks As Central Planners
Two news items cropped up this week on the general topic of central banks as emergent central planers.: a nice WSJ editorial by James Mackintosh on QE extended to buying corporate debt, and the Fed's proposed rule governing "Macroprudential" countercyclical capital buffers.
All That Glitters Is Not Gold
I wrote a Wall Street Journal Oped on the gold standard, partly in response to last week's Oped by James Grant (whose "PhD standard" is a great quip) and Greg Yp's excellent column on Judy Shelton and gold.
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...
Economists' Statement on John McCain's Jobs for America Economic Plan
U.S. Senator John McCain's presidential campaign today released a statement signed by over 300 professional economists in support of John McCain's Jobs for America economic plan...
Chuck Blahous on the John Batchelor Show (20:06)
Hoover Institution fellow Edward Lazear named to president's tax reform panel
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.
Porkbusters
The congressional addiction to pork—and how the president can force the Hill to kick the habit. A primer by James C. Miller III.
CONGRESS BEGINS NEW SESSION WITH OLD QUESTIONS: $792B Tax Cut, Campaign Finance Reform Revisited
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.
2014’s Real Economic Challenge
That Rarest of Opportunities
Opportunities for true tax reform come along rarely, but the time is at hand. A report from two members of the President’s Advisory Panel on Federal Tax Reform, Edward P. Lazear and James M. Poterba.
Governor Schwarzenegger Establishes Council of Economic Advisers
Nine Hoover Institution fellows were named by California governor Arnold Schwarzenegger on September 17 to his new Council of Economic Advisers.
Governor Schwarzenegger Speaks at Hoover Board of Overseers Meeting
'I see a great future for the state of California,' said Governor Arnold Schwarzenegger on July 14 when he spoke to the Hoover Institution's Board of Overseers and guests during a gala dinner on the Stanford Quad.
Battle Brewing Over Tax Cuts, Surplus: Congress and White House differ on course of action
Inequality and Economic Policy
Drawing from a 2014 Hoover Institution conference on inequality in honor of Gary Becker, a group of distinguished contributors explore various measures of inequality in America and address the issue of why it is increasing. Does the United States have an inequality problem?
How Green Is My Folly
European lawmakers want to protect their favorite regulations—effective or not, now and forever. By James Huffman.