Substack

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Latest work in Substack

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s QE—and the Claim of a Technical Adjustment | FinRegRag (Substack)

By
- Thomas Hoenig
December 15, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Europe Is Not Misunderstood. It Is Underperforming | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 15, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

John Carey: the Common Reader’s Professor | The Common Reader (Substack)

By
- Henry Oliver
December 15, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

Is 3% Inflation the New 2%? | Macroeconomic Policy Nexus (Substack)

By
- David Beckworth
December 14, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Why we love Jane Austen more than ever after 250 years | The Common Reader (Substack)

By
- Henry Oliver
December 13, 2025

| Expert Commentary Expert Commentary

Working Definition episode 6: Liberalism, with Michael Ignatieff | the ends don’t justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let's argue about tastes (2): values edition | Seeing like Chicago (Substack)

By
- Erwin Dekker
December 12, 2025

| Expert Commentary Expert Commentary

five top things i’ve been reading (fifty-second edition!) | the ends don't justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Ending Interest on Reserves Won’t End Bank Welfare—But It Will Boost Inflation | The Unseen and The Unsaid (Substack)

By
- Joshua Rowley
December 11, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Seamus Heaney: a jobber among shadows. | The Common Reader (Substack)

By
- Henry Oliver
December 11, 2025

| Expert Commentary Expert Commentary

Holiday inflation, silver, and rate cuts | The Econ Nerds (Substack)

By
- Ariel Slonim
December 11, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

The Federal Reserve’s Actions May Now Be Fueling Inflation | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 10, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

A Friendly Response to Alex and Tyler's Discussion About the Debt | The Unseen and The Unsaid (Substack)

By
- Veronique de Rugy
- Jack Salmon
December 9, 2025

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s Ample Reserves Framework and the Rising Risk of Fiscal Dominance | FinRegRag

By
- Thomas Hoenig
December 8, 2025

| Technology and Innovation Technology and Innovation
| Expert Commentary Expert Commentary

Should We Legislate AI Watermarks? | Machine Culture

By
- Ryan Hauser
December 8, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

The Fed’s Losses, Atlanta’s Lesson, and the Case for Balance-Sheet Reform | Macroeconomic Policy Nexus

By
- David Beckworth
December 8, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let’s argue about taste! | Seeing Like Chicago

By
- Erwin Dekker
December 5, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Jane Austen’s First Biographer | The Common Reader

By
- Henry Oliver
December 4, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

We Don’t Need Larger Housing Subsidies | The Unseen and The Unsaid

By
- Joshua Rowley
December 4, 2025

| Expert Commentary Expert Commentary

five top things i’ve been reading (forty-ninth edition) | The Ends Don't Justify the Means

By
- Rebecca Lowe
December 3, 2025

All

Latest work in Substack

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s QE—and the Claim of a Technical Adjustment | FinRegRag (Substack)

By
- Thomas Hoenig
December 15, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Europe Is Not Misunderstood. It Is Underperforming | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 15, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

John Carey: the Common Reader’s Professor | The Common Reader (Substack)

By
- Henry Oliver
December 15, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

Is 3% Inflation the New 2%? | Macroeconomic Policy Nexus (Substack)

By
- David Beckworth
December 14, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Why we love Jane Austen more than ever after 250 years | The Common Reader (Substack)

By
- Henry Oliver
December 13, 2025

| Expert Commentary Expert Commentary

Working Definition episode 6: Liberalism, with Michael Ignatieff | the ends don’t justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let's argue about tastes (2): values edition | Seeing like Chicago (Substack)

By
- Erwin Dekker
December 12, 2025

| Expert Commentary Expert Commentary

five top things i’ve been reading (fifty-second edition!) | the ends don't justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Ending Interest on Reserves Won’t End Bank Welfare—But It Will Boost Inflation | The Unseen and The Unsaid (Substack)

By
- Joshua Rowley
December 11, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Seamus Heaney: a jobber among shadows. | The Common Reader (Substack)

By
- Henry Oliver
December 11, 2025

| Expert Commentary Expert Commentary

Holiday inflation, silver, and rate cuts | The Econ Nerds (Substack)

By
- Ariel Slonim
December 11, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

The Federal Reserve’s Actions May Now Be Fueling Inflation | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 10, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

A Friendly Response to Alex and Tyler's Discussion About the Debt | The Unseen and The Unsaid (Substack)

By
- Veronique de Rugy
- Jack Salmon
December 9, 2025

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s Ample Reserves Framework and the Rising Risk of Fiscal Dominance | FinRegRag

By
- Thomas Hoenig
December 8, 2025

| Technology and Innovation Technology and Innovation
| Expert Commentary Expert Commentary

Should We Legislate AI Watermarks? | Machine Culture

By
- Ryan Hauser
December 8, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

The Fed’s Losses, Atlanta’s Lesson, and the Case for Balance-Sheet Reform | Macroeconomic Policy Nexus

By
- David Beckworth
December 8, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let’s argue about taste! | Seeing Like Chicago

By
- Erwin Dekker
December 5, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Jane Austen’s First Biographer | The Common Reader

By
- Henry Oliver
December 4, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

We Don’t Need Larger Housing Subsidies | The Unseen and The Unsaid

By
- Joshua Rowley
December 4, 2025

| Expert Commentary Expert Commentary

five top things i’ve been reading (forty-ninth edition) | The Ends Don't Justify the Means

By
- Rebecca Lowe
December 3, 2025

Research

Latest work in Substack

Essays

Latest work in Substack

Policy Briefs

Latest work in Substack

Policy Spotlights

Latest work in Substack

Media Appearances

Latest work in Substack

| Podcast Appearance Podcast Appearance

Freedom, with Tyler Cowen | The Ends Don’t Justify the Means (Substack)

By
- Rebecca Lowe
August 29, 2025

| Podcast Appearance Podcast Appearance

Lisa Cook's Research and Firing, Intel stake, and Korean Holograms | The Econ Nerds (Substack)

By
- Matt Hill
August 29, 2025

| Podcast Appearance Podcast Appearance

Democracy as a Civic Bargain | Pluralist Points

By
- Benjamin Klutsey
June 28, 2024

Testimony & Public Comments

Latest work in Substack

Commentary

Latest work in Substack

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Europe Is Not Misunderstood. It Is Underperforming | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 15, 2025

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s QE—and the Claim of a Technical Adjustment | FinRegRag (Substack)

By
- Thomas Hoenig
December 15, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

John Carey: the Common Reader’s Professor | The Common Reader (Substack)

By
- Henry Oliver
December 15, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

Is 3% Inflation the New 2%? | Macroeconomic Policy Nexus (Substack)

By
- David Beckworth
December 14, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Why we love Jane Austen more than ever after 250 years | The Common Reader (Substack)

By
- Henry Oliver
December 13, 2025

| Expert Commentary Expert Commentary

Working Definition episode 6: Liberalism, with Michael Ignatieff | the ends don’t justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| Expert Commentary Expert Commentary

five top things i’ve been reading (fifty-second edition!) | the ends don't justify the means (Substack)

By
- Rebecca Lowe
December 12, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let's argue about tastes (2): values edition | Seeing like Chicago (Substack)

By
- Erwin Dekker
December 12, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

Ending Interest on Reserves Won’t End Bank Welfare—But It Will Boost Inflation | The Unseen and The Unsaid (Substack)

By
- Joshua Rowley
December 11, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Seamus Heaney: a jobber among shadows. | The Common Reader (Substack)

By
- Henry Oliver
December 11, 2025

| Expert Commentary Expert Commentary

Holiday inflation, silver, and rate cuts | The Econ Nerds (Substack)

By
- Ariel Slonim
December 11, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

The Federal Reserve’s Actions May Now Be Fueling Inflation | The Unseen and The Unsaid (Substack)

By
- Jack Salmon
December 10, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

A Friendly Response to Alex and Tyler's Discussion About the Debt | The Unseen and The Unsaid (Substack)

By
- Veronique de Rugy
- Jack Salmon
December 9, 2025

| Financial Markets Financial Markets
| Expert Commentary Expert Commentary

The Fed’s Ample Reserves Framework and the Rising Risk of Fiscal Dominance | FinRegRag

By
- Thomas Hoenig
December 8, 2025

| Monetary Policy Monetary Policy
| Expert Commentary Expert Commentary

The Fed’s Losses, Atlanta’s Lesson, and the Case for Balance-Sheet Reform | Macroeconomic Policy Nexus

By
- David Beckworth
December 8, 2025

| Technology and Innovation Technology and Innovation
| Expert Commentary Expert Commentary

Should We Legislate AI Watermarks? | Machine Culture

By
- Ryan Hauser
December 8, 2025

| F. A. Hayek Program F. A. Hayek Program
| Expert Commentary Expert Commentary

Let’s argue about taste! | Seeing Like Chicago

By
- Erwin Dekker
December 5, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Jane Austen’s First Biographer | The Common Reader

By
- Henry Oliver
December 4, 2025

| Government Spending Government Spending
| Expert Commentary Expert Commentary

We Don’t Need Larger Housing Subsidies | The Unseen and The Unsaid

By
- Joshua Rowley
December 4, 2025

| Emerging Scholars Program Emerging Scholars Program
| Expert Commentary Expert Commentary

Stoppard and chemotherapy | The Common Reader

By
- Henry Oliver
December 3, 2025