you are formally -- you are now with the hoover institution, you are with the cato institute.initely not paul krugman. how do you feel about the position republicans are taken about rules-based monetary policy? john: saying that we are not -- we are in a position where everybody is hanging on every word that mrs. yellen utters and it is producing extra volatility. we are paying too much attention to monetary policy. inflation is low and things are good as far as what monopole -- what monetary policy can do. the other things it does -- buying assets, regulating banks, all that stuff. erik: why isn't the message getting through to the politicians, who in some respects carry water for economists like yourself when it comes to these debates with janet yellen? they are talking about monetary policy, not about these other issues, which are very real. john: it is hard for me to explain why the whole world is not always listen to me. matt: what do you think about asset prices. janet yellen has been trying to fight that doubles in some way. people think she may have overstepped her bou

tim kaine from the hoover institute is here. and a democratic strategist is here. tim, there is a lot of reasons for that. during the reagan years there were a lot of pro-growth policies that enabled our economy to really rebound after some dark days. we don't have it now. >> yeah. that's right, trish. there were major tax cuts early in the reagan administration, with a democratic congress. so democrats get credit. cutting taxes seems to do something about boosting growth rates and helping companies create a lot of jobs. we just haven't seen that. in fact during the first five, six years of the obama presidency, there has been a constant call to increase and not just call. there has been legislation that increases tax rates. that is just on the surface. the regulatory environment has got a lot tighter for companies. it makes them very reticent to hire employees. trish: you know, craig, the flipside of that as the administration, i mentioned this, the administration pointed out we've been adding jobs. i don't think they're very good jobs. so i'm not too excited abou

a david and jones -- senior fellow at the hoover institute at stanford university. he is a world-renowned expert in a number of areas but especially technician having served on tax for spirit he has a bachelor's degree from washington university in st. louis and a phd from washington university. please join me in welcoming dr. alan bush cut. [applause] alan and i will engage in a little bit of a discussion here and then open it up for questions. first of all i would like to welcome david to our tax reform talk show. we don't have a live band but if you want to play some games then i'm open. so let's get this thing kicked off. and your seminal book you wrote that economists and politicians of all persuasions agree on three main points. the federal income tax is not simple. to come the federal income tax is not costly in the federal income tax is not there. can you elaborate this points for us? >> share. for those of you who may be interested or haven't seen any other we've done for this largely self-explanatory which means a minimum of regulation and 60, 70, 80,000 p

before i went into this meeting i had talked to brad bauer, who is the archivist at hoover institutiones where i have -- was archiving oral histories, oral development of intelligence professional. and he said, well, maybe this will be a significant event maybe not, but it is a good thing to just collect everything while you are there. you know, this would be good archival practice. so in fact, i did collect everything just as a matter of good form. i had no clue that there was anything suspicious going on in the beginning. it would be as if summoned he called the task force, we're going to talk about school bullying or something, so i had no clue that there was any sabotage a foot. but it is normal for me to take notes and to collect everything, so i happened to have all of those things. but i did not at all go at this suspiciously. amy: you told us on democracy now! years ago, you talked about the unbalanced nature of this task force. he said six of the 10 members were highly placed in the department of defense as contractors and military officers, for example, one with the commander

matt: from the booth school and senior fellow from the hoover institution over at stanford study madeg on his log, he has his blog the grumpy economist and also has his book called "the grumpy economist." he said look, the minute the greek banks open, there will be a instant run because everyone will take all of their money out that they wish they had already, and the assets in the greek banks are just debts, loans that are not being repaid, so if you are a greek citizen who has to pay a loan back, why would you if you know it is going out of business anyway? brendan: from the history of capital controls, we know it is much easier to put them in place than it is to gradually lift them. iceland is trying to figure and how to slowly back off of them without causing exactly what you are talking about. when the banks open on monday there will be that 60-euro limit grade matt: maybe i will ask both, david lipton and john cochrane, how would you do this? alexis tsipras has called that success. is that too small to be an example? he is working very closely on ukraine. i probably will not hav

we had governor huckabee out at the hoover institution three weeks ago and bob hall and i tried to budge him off of it a little bit in favor of the flat tax and didn't get anywhere. but i wrote a piece once called "a friendly case against the fair tax why it's not as good for america but great for me." i just want to give you a couple of features of that. in the 1960s there were 12 european countries with a national retail sales tax. by 1980 there were zero. all had transformed themselves into a value-added tax. and the reason is a value-added tax is more of self enforcing up the chain and you can collect it whereas a retail sales tax is prone to cheating. i will tell you my early personal story in 1981. i was having dinner at a restaurant in rome. on the way out the cashier said now, listen we're not charging you value-added tax but sometimes police are outside the restaurant checking receipts. so if we see someone coming up to you, go ahead and show them the receipt because one of us is going to run out the door, right there as fast as we could, i'm sorry, sir, we gave you the wrong re

national task force on the presidency and public opinion and is a former visiting fellow at the hoover institution at stanford university. i'd like to introduce you to wynton hall. [applause] >> thank you very much for that gracious introduction and thank you all for being here for this very special event. i want to thank the leadership of ron robinson who has made this possible and all the hard work that kirby wilbur, pat coyle and many others have put into what i think is going to be a very memorable event for all of us. as we know with what every day that passes, we have less access to those holocaust survivors who are the keepers of so much history. and it was one of the great, humbling privileges of my career as a ghost writer is and collaborator to get to help share with the world mr. greenfield's story. and i want to share a little bit about what that life means and what it was to get to be a part of this and to introduce him. you may have seen cmn and many, many, many other places, abc news have done specials on mr. greenfield. and what's really interesting is that they focus on not just t

john taylor is an economics professor at stanford university and a senior fellow at the hoover institutione risk of the metaphor gets old, john but heroin addicts have drug dealers that enable them. i equate complaining about austerity to complaining about what happens with withdrawal. yeah, it's tough. but to blame the withdrawal on causing the situation in the first place is ridiculous. but there were a lot of enablers. >> back in 2010 the imf, they had some pretty good procedures about not lending to countries with unsustainable debt. they did it anyway. the results have not been so great. it's why not go back and fix those procedures? that framework. so you prevent this bailout from happening again. >> this has been a pretty good case study in avoiding moral hazard. the ecb, the eu has held the line so it doesn't cause other countries in the same position. it doesn't cause them or give them hope they should do the same thing. do you admire the resolve of merkel and the troika? >> well we'll see what happens with the new deal. it sounds like they're going to do some debt profiling. we'l

that was put out by a fellow at the hoover institute.ct, you know allegation. this is what's been going on. amassing information on everybody to be used as a permanent network of discrimination databases. so they're looking at the disparity between between black neighborhoods caucasian neighborhoods, health systems where there are disparities. and then these are going to be loaded into a database and used for future cause use the for civil rights lawsuit to help in cases what they call disparate impact. that's the name of cases where people are not getting treated fairly whether it comes to your scoring banks, for instance they're going to collect data on banks. who gets loans, who doesn't >> so they're collecting all of this data >> yeah. >> going to get it on every american >> every american out there. grades -- >> everything about you. education level and everything >> and then turn all of that detailed information >> yeah. >> over to lawyers >> yeah. >> who will be able to access it based on the information collected on those databas

. >> also in washington director of domestic policy studies and research fellow at the hoover institution, lan hi chen. so bill tweeted yesterday joe, about donald trump. this is going to be our must read for today. we are past peak trump. sell by date approaching. plan exit strategy before iowa. adios amigo. art #artofthewithdrawal. >> i was trying to copy his style on twitter. i thought i would do my best. lame. >> do you think it's over? >> i think we're past peak trump. when you spent 20 minutes talking for him, it's like whatever becomes bullish on the stock market, advisors you hear a peak, i think we're at the peak. i think the mccain comments were about people that serve in the military in general when you think about it will do him in over the next couple of months. he'll stay in the debates. he'll be a showman. he'll get out before iowa because he doesn't want to go to the ballot and run third or fourth or fifth. yeah, i think you know, you have not been this excited about anyone since john huntsman. but that is always a sign that the candidate is about to peak. >> really sfwh?

senior fellow at the hoover institute.d expert in a number of areas having served on president reagan's task force. the washington university st. louis. please join me in welcoming. [applause] thanks. we have -- going to engage in a little bit of a discussion and then open up for questions. first of all, i would like to welcome david tour tax reform talkshow. we don't have a live band but if you want to place games, i'm open. so let's get this thing kicked off. you wrote that economists and politicians of all persuasions agree on three main points. the federal income tax is not simple the federal income tax is not policy and the federal income tax is not fair. can you elaborate? >> sure. for those of you who may be interested have not seen the versions we managed to convince the flat tax and the four pages largely self-explanatory. but 60 70 80,000 pages. i forget how many. anyone who thinks that simple is missing the. some of the stories over the years are complicated. seven different tax offices and get seven different r