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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...
The Minimum Wage And Monopsony
I promised a few weeks ago to "write a further note explaining a more-sophisticated way of understanding the harmful effects of the minimum wage." This isn't it.
On RRP Pro And Con
Thanks to a comment on the last post, I found The Fed working paper explaining Fed's thinking about overnight reverse repurchases, Overnight RRP Operations as a Monetary Policy Tool: Some Design Considerations by Josh Frost, Lorie Logan, Antoine Martin, Patrick McCabe, Fabio Natalucci, and Julie Remache.
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.
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.
Ed Lazear On CNBC
CNBC's Rick Santelli discusses jobs report, productivity gains, and trade promotion authority, with Ed Lazear, Hoover Institution senior fellow.
John Taylor On The John Batchelor Show (19:28)
John Taylor discusses inflation, monetary policy, Milton Firedman, and a rules based Federal Reserve so congress can audit the Fed.
In Republican Attacks On The Fed, Experts See A Shift
At a hearing in February, Representative Scott Garrett, a New Jersey Republican, complained that Congress and the Federal Reserve had traded places.
Spirit of '96
The states carry the Republican revolution forward
Teaching The Federalist
What happens when South Korean students take a close look at American democracy. By Peter Berkowitz.
What Would Hamilton Do?
Revisiting the founding father to whom a national debt, properly funded, represented “a national blessing.” By Michael W. McConnell.