We just reached a big anniversary: “Economic Policy Working Group Reaches 15-Year Milestone in Providing Rigorous Policy Analysis and Solutions for American Prosperity,” as the Hoover Daily Report headlined in a just-published article. Here is the article https://www.hoover.org/news/economic-policy-working-group-reaches-15-year-milestone. It provides a beautiful summary of the people, seminars, working papers, and, of course, the books. And the “Rigorous Policy Analysis” and the “Solutions for American Prosperity” are key, and we have always emphasized the international benefits to the world. Here is the list of books, starting with the latest:
How Monetary Policy Got Behind the Curve–And How to Get Back, 2023
Choose Economic Freedom: Enduring Policy Lessons from the 1970s and 1980s, 2021
Strategies for Monetary Policy, 2020
Currencies, Capital, and Central Bank Balances, 2019
Structural Foundations for Monetary Policy, 2018
Rules for International Monetary Stability, 2017
Central Bank Governance and Oversight Reform, 2016
Making Failure Feasible: How Bankruptcy Reform Can End “Too Big To Fail,” 2015
Frameworks for Central Banking in the Next Century, JEDC, 2014
Across the Great Divide: New Perspectives on the Financial Crisis, 2014
Government Policies and the Delayed Economic Recovery, 2012,
Bankruptcy Not Bailout: A Special Chapter 14, 2012
Ending Government Bailouts as We Know Them, 2010
The Road Ahead for the Fed, 2009
And we are just getting started: Last Wednesday at the Economic Policy Working Group (EPWG), Peter Henry talked about “The Global Infrastructure Gap: Potential, Perils, and a Framework for Distinction,” and next Wednesday Michael Bordo will speak about “Muddling Through or Tunneling Through: UK Monetary and Fiscal Exceptionalism During the Great Inflation,” and then on February 15, 2023 Ellen McGrattan will speak about “On the Nature of Entrepreneurship,” and the following Wednesday Erik Hurst will talk about “The Distributional Impact of the Minimum Wage in the Short and Long Run”
The Working Group’s meetings are now on a virtual platform. As the article states: “the level of participation from policy makers and scholars across the nation and the world has grown substantially.” And we will have another big conference on May 12, 2023. It is so important to keep up the work.