John Cochrane, Niall Ferguson & H.R. McMaster: The GoodFellows on the Genius of the Constitution

The latest episode of GoodFellows is a special one, as it was recorded in front of a live public audience for the first time in the show’s six-year run! Senior Fellows John Cochrane, H.R. McMaster, and Niall Ferguson, as well as moderator and Distinguished Policy Fellow Bill Whalen, convened on the stage of Hoover’s Hauck Auditorium before a full house of GoodFellows fans. 

Click HERE to watch the video or listen to the audio.

Patrick McLaughlin: Capturing the Administrative State, Word by Word

Congress can tell you, to the dollar, what a new program will cost over ten years. It’s much harder to answer a simpler question: how much regulation are we adding—or subtracting—when we change the rules of the game?

We treat fiscal policy like a ledger. We treat regulation like a weather report: lots of feelings, few numbers.

David Neumark: The Minimum Wage Is a Dead End

Policymakers and voters care about reducing inequality and poverty, although they have historically disagreed about how to do this. In recent years, though, higher minimum wages having emerged as one of the most—if not the most—politically popular approaches to supporting low-wage workers and low-income families.

David R. Henderson: Why Economic Freedom Matters

A global status report on the elements of broad well-being.

Each year the Economic Freedom of the World report does something important: it measures whether ordinary people are allowed to make economic choices—work, save, start a business, trade, invest, and keep what they earn—without being pushed around by the government. The newest edition, published in 2025 by the Fraser Institute’s global network, compiles data through 2023 and ranks 165 jurisdictions.