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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 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.
Charles Blahous On The John Batchelor Show (9:35)
Charles Blahous talks about the Congressional Budget Office and the influence on elections.
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.
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.
A Gap In Public Choice?
Sometimes Politicians' Own Thoughts and Interests Matter for Understanding Policy
A Tale Of Four Droughts
California is not suffering one drought, but four. Each is a metaphor of what California has become.
Ruinous 'Compassion'
It is fascinating to see brilliant people belatedly discover the obvious — and to see an even larger number of brilliant people never discover the obvious.
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"
A Partial Defense Of David Friedman
Scott Alexander, about whom both David Friedman and co-blogger Bryan Caplan have raved, has a lengthy book review of David's The Machinery of Freedom. As I write this, there are 479 comments on his post and I looked only at about the first 100 or so to see if anyone was making the point I want to make. I didn't find it, so I'll make it here.
The Small Bank Slide
In a competitive market with free entry, bank size doesn't really matter, but regulations can distort firm size.
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.
Timothy Kane On Fox Business
Hoover fellow Tim Kane discusses the March jobs report and its potential impact on the Federal Reserve's decision concerning a rate hike.
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.
Will California Delay Its Tax Freedom Day In 2015?
April: the month that bureaucrats laud and taxpayers lament. In California - the second worst state to be a taxpayer - April 15th is more burdensome than most.
Krugman's Insightful Analysis Of Libertarians
I was too busy on April 1 to post an April Fool's Day entry. This isn't one. But my use of the word "insightful" in the title is meant to be ironic.
Dishonest Demands
The “inequality warriors” don’t really care about enhancing the nation’s prosperity. What they really want is power.
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.

