Michael J. Boskin

Senior Fellow
Biography: 

Michael J. Boskin is a senior fellow at the Hoover Institution and the T. M. Friedman Professor of Economics at Stanford University. He is also a research associate at the National Bureau of Economic Research. In addition, he advises governments and businesses globally.

Boskin served as chairman of the President's Council of Economic Advisers (CEA) from 1989 to 1993. The Independent Council for Excellence in Government rated his CEA as one of the five most respected agencies (out of one hundred) in the federal government. He chaired the highly influential blue-ribbon Commission on Consumer Price Index, whose report has transformed the way government statistical agencies around the world measure inflation, GDP, and productivity.

Boskin serves on several corporate and philanthropic boards of directors, including Exxon Mobil Corporation and Oracle Corporation.

In addition to Stanford and the University of California, Boskin has taught at Harvard and Yale. He is the author of more than one hundred and fifty books and articles. He is internationally recognized for his research on world economic growth, tax and budget theory and policy, US saving and consumption patterns, and the implications of changing technology and demography on capital, labor, and product markets. His op-eds appear regularly in the Wall Street Journal and other leading newspapers. He also writes a bimonthly column on global economics syndicated in 145 countries.

Boskin has received numerous professional awards and citations, including Stanford's Distinguished Teaching Award in 1988, the National Association of Business Economists' Abramson Award for outstanding research and its Distinguished Fellow Award, the Medal of the President of the Italian Republic in 1991 for his contributions to global economic understanding, and the 1998 Adam Smith Prize for outstanding contributions to economics.

Boskin received his BA with highest honors and the Chancellor's Award as outstanding undergraduate in 1967 from the University of California at Berkeley, where he also received his MA in 1968 and his PhD in 1971.

His research papers are available at the Hoover Institution Archives.

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Recent Commentary

CNBC interview about Operation Twist

by Michael J. Boskinvia Advancing a Free Society
Friday, September 23, 2011

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Europe’s Triple Threat

by Michael J. Boskinvia Project Syndicate
Thursday, September 22, 2011

Europeans, both debtors and creditors, must address the banking problem forthrightly, and simultaneously with the euro, sovereign-debt, and fiscal-adjustment issues...

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The Obama Presidency by the Numbers

by Michael J. Boskinvia Wall Street Journal
Thursday, September 8, 2011

The president constantly reminds us that he was dealt a difficult hand. But the evidence is overwhelming that he played it poorly...

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The Euro-American Debt Dilemma

by Michael J. Boskinvia Project Syndicate
Friday, July 29, 2011

Wealthy Europe and America, crown jewels of mixed capitalist democracies, are drowning in deficits and debt, owing to bloated welfare states that are now in place (Europe) or in the making (the United States)...

Analysis and Commentary

Get Ready for a 70% Marginal Tax Rate

by Michael J. Boskinvia Wall Street Journal
Monday, July 18, 2011

Some argue the U.S. economy can bear higher pre-Reagan tax rates. But those rates applied to a much smaller fraction of taxpayers than what we're headed for without spending cuts...

Get Ready for a 70% Marginal Tax Rate

by Michael J. Boskinvia Advancing a Free Society
Monday, July 18, 2011

President Obama has been using the debt-ceiling debate and bipartisan calls for deficit reduction to demand higher taxes. With unemployment stuck at 9.2% and a vigorous economic "recovery" appearing more and more elusive, his timing couldn't be worse.

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Five Lessons for Deficit Busters

by Michael J. Boskinvia Wall Street Journal
Monday, June 20, 2011

A recent study of successful deficit reductions found they averaged more than $5 in spending cuts for every $1 in tax hikes...

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Voters vs. the Welfare State

by Michael J. Boskinvia Project Syndicate
Tuesday, May 24, 2011

Only time will tell if recent elections in the UK, the US, and Canada, together with next year's presidential election in France, signal a retreat from the growth of the welfare state or just a temporary respite...

Hold the High Ground

by Michael J. Boskinvia Hoover Digest
Tuesday, March 29, 2011

In Washington, many are struggling to control spending and cut taxes. History is on their side. By Michael J. Boskin.

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The Time for Spending Cuts Is Now

by Michael J. Boskinvia Wall Street Journal
Friday, February 11, 2011

The White House argues that 'draconian' cuts will derail the economy. In fact, cuts are necessary to preserve tax rates that are compatible with economic growth...

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