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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...
What Obama Isn't Saying
The apolitical politics of progressivism. . . .
From Hoover Press: The Road Ahead for the Fed, by George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, John Ciorciari
In this new book, The Road Ahead for the Fed (Hoover Press, 2009), coeditors John B. Taylor and John D. Ciorciari bring together twelve leading experts to examine and debate proposals for financial reform and exit strategies from the financial crisis...
Taylor's Ruling: Government Created Credit Crisis
James Freeman interviews Stanford professor John Taylor about how Washington created the credit meltdown...
Hamilton on Debt, Default, and Oil
James Hamilton of the University of California, San Diego, and blogger at EconBrowser talks with EconTalk host Russ Roberts about the rising levels of the national debt and the growing Federal budget deficit. . . .
A Feature Not A Bug In The Policy Rules Bill
In his opening line of questions for Janet Yellen at the Senate Banking Committee today, Senator Richard Shelby asked about the use of monetary policy rules and the Taylor Rule, apparently referring to the recent policy rules bill (Section 2 of HR 5018) that would require the Fed to report its strategy or rule for policy.
Janet Yellen’s Speech On Policy Rules
For many years, going back to the days before Google and Google Scholar helped us find and keep track of things, I created a monetary policy rule home page with links to papers, articles and speeches on policy rules, including a written version of a 1996 speech by Janet Yellen on the Taylor rule.
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.
GoodFellows: One Nation Under A Groove
In the final episode of the series for 2020, Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane reflect on lessons learned from the pandemic, Donald Trump’s future, the ruinous state of the Golden State, how society will differ in 2021, plus what gets them through their daily routines—a mixtape of UK punk, Philly-brand funk, and the soothing sounds of “Sweet Baby James” Taylor.
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
This Wasn’t in the Plan...
Where radical changes are unpopular, there is no such thing as a safe seat. By David W. Brady, Daniel P. Kessler, and Douglas Rivers.
Why the Republican Congress Hasn’t Cut Your Taxes
Republicans control both houses of Congress—yet taxes as a percentage of GDP remain at an all-time high. How can this be? Hoover media fellow Tom Bethell explains.
A Mad Scramble for Infrastructure Dollars
What Would Hamilton Do?
Revisiting the founding father to whom a national debt, properly funded, represented “a national blessing.” By Michael W. McConnell.
The Court that Couldn't Say "Stop!"
At a crucial moment, the Roberts court blinked, setting back both the Constitution and any dreams of limited federal power. By John Yoo.
Making Congress And America Work Again
Senator Rob Portman on passing legislation to get the economy going and the United States back on track.
Taxing Private Equity
Anomalies of a Byzantine tax code
Senator Portman On Why The New Tax Bill Helps The Middle Class
The Positive Effects of the New Tax Bill Are Already Being Seen.