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Blog: ThinkMarkets
by Jerry O’Driscoll Fed Chairman Jerome Powell testified to the Senate Committee on Banking, Housing, and Urban Affairs. It was the semi-annual testimony mandated by the Humphrey–Hawkins Act. Powell's testimony was anodyne. He repeated and reiterated the Fed's planned policy moves with respect to interest rates, and added suitable caveats on economic growth, inflation, and … Continue reading Fed Policy
Blog: Coordination Problem
|Peter Boettke| Nicholas Bloom, on a recent episode of Hidden Brain discusses the issue of workplace productivity during the pandemic. It turns out that enterprises saved on rent and other expenses, and worker productivity actually increased 13% by staying at...
Blog: Coordination Problem
Blog: Coordination Problem
|Peter Boettke| Earlier this year I published my book, The Struggle for a Better World which consists of various published versions of public lectures I have given over roughly between 2000-2020 mainly at learned societies and associations. They have also...
Blog: Coordination Problem
|Peter Boettke| I recently did this podcast with the Austrian Economics Institut in Vienna. I would like to draw attention to my discussion of the pivotal role that a 5 tool player (in this instance I highlight Ben Powell, see...
Blog: Coordination Problem
|Peter Boettke| This week the Institut Ostrom Catalunya hosted an online conference to honor Lin Ostrom and the Bloomington School, in which I participated in a dialogue with Deirdre McCloskey. I greatly enjoy these opportunities to discuss ideas and explore...
Blog: Social Mobility Memos
"Big data" is particularly useful for demonstrating variation across large groups. Using administrative tax data, for example, Stanford economist Raj Chetty and his colleagues have shown big differences in upward mobility rates by geography, by the economic background of students at different colleges, by the earnings of students taught by different teachers, and so on.…
Blog: Not Another Politics Podcast
How is it that in a Democracy with massive inequality, where the poor have just as much voting power as the rich, do the wealthy continue to get what they want politically? It's a question that's troubled political thinkers for a long time.
Political scientists Jacob Hacker and Paul Pierson have an answer in their new book "Let Them Eat Tweets: How The Right Rules In An Age of Extreme Inequality". On this episode, we tackle that question and their answer.
Blog: Not Another Politics Podcast
After almost every election, you'll hear experts and pundits lamenting the lack of voter turnout. But does the research have anything to say about what policies would increase representation?
Our very own Anthony Fowler explains a new report that he co-authored in Brookings that argues we will get better representation but instituting compulsory voting in the U.S. But in a country where we can't even get everyone to wear a mask, what are the odds that compulsory voting would work here?
Blog: Not Another Politics Podcast
The dramatic rise of populism in America, embodied in President Trump, presents a real threat to democracy. Our very own professor William Howell argues that the root of the problem lies with ineffective government and that the solution may be to give the President agenda setting power.
We delve into his new book "Presidents, Populism, and the Crisis of Democracy" and explore how giving president's agenda setting power could break government gridlock and lead us to a more effective government.
Blog: Not Another Politics Podcast
One of the most anticipated developments of the 2020 election is who Democratic Presidential nominee, Joe Biden, will pick to be his running mate. One thing is certain, whoever he picks will be a women.
Does the political science scholarship tell us anything about how a woman executive may govern differently? One intriguing paper, "Queens", from Oeindrila Dube at The University of Chicago sheds some revelatory light on this question.
Blog: Ben Bernanke's Blog
Low nominal interest rates, low inflation, and slow economic growth pose challenges to central bankers. In particular, with estimates of the long-run equilibrium level of the real interest rate quite low, the next recession may occur at a time when the Fed has little room to cut short-term rates. As I have written previously and…
Blog: UCL Uncovering Politics
This week we're looking at education policy. Should there be faith schools? Should there be private schools? And how should we decide such issues?
Blog: Capitalisn't
On this episode, you're going to hear how the sausage gets made in economic research as Kate and Luigi personally investigate whether private equity is to blame for the retail apocalypse.
Blog: UCL Political Science Events
Last summer, Lord Nick Herbert launched the Commission for Smart Government to tackle the systemic problems of government in the UK.