Fiscal Policy

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Analysis and Commentary

Two Oaklands Could Have Deciding Role In Trump-Clinton Race

by Bill Whalenvia Sacramento Bee
Wednesday, March 9, 2016

After Tuesday’s returns from Michigan – a big win for Donald Trump, a frustrating upset loss for Hillary Clinton – it’s time to think of the fall election and a tale of two Oaklands. 

In the News

Three Numbers: ECB Likely To Take Fresh Stimulus Steps

quoting Kevin Warshvia The Saxo Bank Group
Wednesday, March 9, 2016

Monetary policy for the Eurozone is the main event for Thursday, starting with the European Central Bank’s policy announcement and followed by the central bank’s press conference. Later, two weekly numbers will bring new perspective on the state of macro in the US: initial jobless claims and Bloomberg’s Consumer Comfort Index.

The state of pensions
In the News

US Public Pension Deficits Squeeze City And State Budgets

quoting Joshua D. Rauhvia Financial Times
Sunday, March 6, 2016

The health of the US public pensions system is deteriorating. The latest figures reveal that retirement plans have less than three-quarters of the assets they need to pay current and future retirees.

Analysis and Commentary

Solving Uncle Sam’s Overspending Problem

by Charles Blahousvia e21, Economic Policies for the 21st Century
Monday, March 7, 2016

At a time when the presidential campaigns seem to be about everything other than the federal budget, the latest projections from the Congressional Budget Office (CBO) serve as a stark reminder that Americans will suffer grave economic consequences if the federal government does not repair its broken fiscal practices.

Analysis and Commentary

Will Davies On The Economics, Economists, And The Limits Of Neoliberalism

by Russell Robertsvia EconTalk
Monday, March 7, 2016

Will Davies of Goldsmith's, University of London and author of The Limits of Neoliberalism talks with EconTalk host Russ Roberts about the ideas in his book. Davies argues that the free-market vision of economists like Milton Friedman and Friedrich Hayek has de-romanticized politics and ensconced competition at the heart of our economy and culture.

In the News

Why 'Erratic' Central Bankers Need Better Rules To Guide The World

featuring John B. Taylorvia The Telegraph
Sunday, March 6, 2016

Central banks have destroyed their credibility by reacting to the worst financial crisis in history with inconsistent policy responses, a leading economist has warned.

Analysis and Commentary

Banning The Benjamin Would Reduce Freedom

by David R. Hendersonvia EconLog
Friday, March 4, 2016

Larry Summers is a bootlegger and a Baptist.

In the News

City Upon A Hill: Bond Referendum Funds State

quoting Thomas J. Sargentvia The Technician
Wednesday, March 2, 2016

In Monday’s Technician, Mr. Chase McLamb’s piece titled “Vote against the bond” encouraged North Carolina residents to vote down the bond referendum that could bring $2 billion of funds to the state. Part of the raised money will go into public schools, including NC State.

The Flat Tax by Hoover fellows Robert Hall and Alvin Rabushka
Analysis and Commentary

Promoting The 15% Flat Tax In Italy

by Alvin Rabushkavia Flat Tax
Wednesday, March 2, 2016

Armando Siri discusses the 15% flat tax in Italy.

Analysis and Commentary

Why Minimum Wages Can Take Time To Destroy Jobs

by David R. Hendersonvia EconLog
Sunday, February 28, 2016

Jonathan Meer and Jeremy West have found that increases in the minimum wage destroy jobs, not so much by destroying current jobs as by reducing the growth rate of new jobs.

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Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple