While the political parties duke it out over divisive social issues, the majority of Americans remain steadfastly in the middle. . . .

Congressional leaders quickly recognized that enacting an expensive plan to steady the financial industry shortly before an election depended upon convincing voters it was needed to save the economy rather than bail out Wall Street high-fliers...

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insights into what the election results mean for the economic recovery.

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insight into the deficit, the debt burdens of all taxpayers, and whether more taxes or reduced spending will get us back on track.

Lawrence Summers, President Emeritus and Charles W. Eliot University Professor at Harvard University, and former U.S. treasury secretary, talked about “Responsible Nationalism.” 

Edward Lazear, the Morris Arnold Cox Senior Fellow at the Hoover Institution and former chairman of the President's Council of Economic Advisers, offers insights into the current economic recovery, noting that we are a long way from where we need to be. In assessing Mitt Romney’s plan for the economy, Lazear says that the US economy is not seeing the recovery we need because the focus has been on short-term growth that gives a quick bump to the economy but does not really change anything. The United States, Lazear avers, needs long-term structural changes, such as broadening the tax base, lowering the tax rates, and improving trade, for the economy to recover.

Hoover Institution Senior Fellow Edward P. Lazear was sworn in as chairman of the President's Council of Economic Advisers on Monday, March 6 in Washington, D.C.