News/Op-Eds
GENERAL
General economics, philosophical debates, politics
IMF Finance and Development March 2024, also at Cato. Inflation teaches us that supply, not demand, constrains our economies, and government borrowing is limited.
Wall Street Journal Oped 2/3/2024. Why people support Trump. They want their country back.
The Liz Truss Tragedy. Project Syndicate Oct 25 2022 with Jon Hartley. Blog post version (undated)
The Wall Street Journal
Chicago Booth Review
The Wall Street Journal
The Wall Street Journal
Wall Street Journal, with J. J. Plecs.
In Thomas W. Gilligan, Ed., American Exceptionalism in a New Era, Hoover Institution Press, p. 57-70. Exceptionalism interpreted as the rule of law guaranteeing economic freedom. In peril, as always.
Wall Street Journal with David R. Henderson. Local Copy.
Wall Street Journal. More on growth, a reaction to many voices that say growth is impossible, just give up. Local pdf
An uncompromising defense of free trade and immigration. For George P. Shultz, ed., Blueprint for America Hoover Institution Press, p. 109-125.
Testimony to House Budget Committee, Sept 14 2016. Economic growth is the big problem; bi-partisan policies to fix it rather than keep yelling the same talking points louder. On debt, the small probability of a debt crisis is the big problem, and how to avoid it. Oral remarks much shorter, sweeter (I get 5 minutes) but less documented.
Wall Street Journal. Comments on the Hillary Clinton economic plan. See also the related blog post.
WSJ oped. I try to quantify how much growth we could get out of better policy by regressing GDP per capita on the World bank's ease of doing business measure. The answer: a lot. Local pdf
In Inequality and Economic Policy: Essays in Memory of Gary Becker, Tom Church, John B. Taylor, and Christopher Miller Eds., Stanford, CA: Hoover Press.
Essay. An overview of what a growth-oriented policy program might look like. Regulation, finance, health, energy and environment, taxes, debt social security and medicare, social programs, labor law, immigration, education, and more. Written for the Focusing the presidential debates initiative. Published in John Norton Moore, ed., The Presidential Debates Carolina Academic Press 2016. p. 65-90.
An essay for the Hoover Institution Magna Carta conference. The regulatory agencies are now the threat to rule of law and your freedom to dissent and support unpopular candidates and causes. Excerpt published as The New Tyranny: How the Regulatory State Threatens Your Freedom in The Insider Fall 2015 pp. 5-13. (local copy.)
Wall Street Journal Op-Ed. A bit of a response to all the opeds and bloggers claiming that ISLM explains everything and is taking over in the tide of ideas.
Wall Street Journal. A review of the arguments for punitive 1% taxes.
Wall Street Journal. Local copy. Limit Government and Restore the Rule of Law.
Wall Street Journal. local copy. A review of alternative theories of slow growth.
Wall Street Journal. Congress wants every person in the country to get the Federal Government's approval before he or she can get a job. They must be kidding. See chapter 1 of Capitalism and Freedom
Bloomberg.com "Business class" OpEd. local copy ; blog post. A review of the CBO's forecast that the "fiscal cliff" will cause a recession. It's Keynesian, ignoring all incentive effects, and thus right but for the wrong reasons. Policy models should be much more transparent quantiative parables, showing the logic of their foreasts and not pretent to be authoritative black boxes.
“Understanding the Left.” What’s going on with the Great Awakening? Understand it as that, a quasi-religious political movement. Click title for more info.
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