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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...
Lee Ohanian On The John Batchelor Show (32:47)
Lee Ohanian discusses his thoughts about the fare share of the tax bill.
Serfdom And Russian Economic Development
Serfdom was one of key institutions in Russian history. This column argues that relatively late abolition of serfdom was an important factor of divergence in economic development between Russia and Western Europe.
Audit The Fed? That's A Terrible Idea
In a week when Federal Reserve Chair Janet Yellen got grilled pretty hard on Capitol Hill, and Fed Vice Chair Stanley Fischer, said the central bank was likely to start raising interest rates this year, there were a couple items that stood out as important with respect to future policy decisions.
Fed Struggled In 2009 Over How To Boost Economy, Papers Show
As the Great Recession inflicted worsening damage on the U.S. economy, the Federal Reserve struggled during 2009 to determine the best corrective steps to pursue.
Charles Blahous On The John Batchelor Show (9:35)
Charles Blahous talks about the Congressional Budget Office and the influence on elections.
Fringe Benefits And Stagnating Wages
Former co-blogger Arnold Kling has an excellent post this morning on measurement of worker compensation. He quotes a question from one of his readers. I'll let you read it for yourself.
Will Social Security Be There When You Need It?
Many people believe that Social Security will be bankrupt by the time they retire. In fact, a recent survey conducted by Bankrate found that nearly a quarter of Americans expect to receive no benefits from Social Security..
John Taylor On CNBC
John Taylor, Hoover Institution, discusses whether the Federal Reserve should take on a more rules-based approach to monetary policy.
John Taylor On The Bloomberg Advantage
Hoover fellow John Taylor discusses how the Fed could use the Taylor Rule to get back to a rules-based strategy for monetary policy, which would lead to better economic stability.
Central Banks Without Rules Are Like Doctors Without Checklists
Recent proposals for policy rules legislation have led to a fascinating replay of issues that have long been at the heart of the rules versus discretion debate.
Borio, Erdem, Filardo And Hofmann On The Costs Of Deflation
Claudio Borio, Magdalena Erdem, Andrew Filardo and Boris Hofmann have a nice paper, "The costs of deflations: a historical perspective"
Kevin Warsh On CNBC
Hoover fellow Kevin Warsh says the markets have been "absolutely spoiled by the Federal Reserve" and its accommodative monetary policy since the depths of the 2008 financial crisis. The inflation excuse for not rushing into rate hikes is not sound, he said. "The reality is inflation is not a problem;" it's not too low.
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.
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.
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.
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.
Just How Leaky Is the Fed? More Than You May Realize
The Federal Reserve is once again confronting uncomfortable questions about possible leaks. So far little has come to light about who might have passed details of a 2012 Federal Open Market Committee meeting to a newsletter that caters to hedge funds.

