“There is clear evidence that bank deregulation can improve financial stability while also shrinking inequality. By lowering the costs of doing business, strong but simple regulations improve job opportunities for low-skilled and minority workers.” ~ Thomas L. Hogan & Amelia Janaskie
“U.S. financial regulators approved the NSFR despite the fact that their own evidence showed the costs of the rule exceed its benefits. That’s Not Smart Financial Regulation.” ~ Thomas L. Hogan
“Adjusting for oil and auto prices puts the rate of inflation below the Fed’s 2 percent average target rate. Still, high rates of NGDP growth and mounting bank reserves should cause Fed officials to be leery of high inflation going forward.” ~ Thomas L. Hogan
“In the Fed’s current floor system, the rate of IOR is the key tool of monetary policy. If the Fed raised the rate of IOR, then it raised interest rates.” ~ Thomas L. Hogan
“To stabilize the economy, informed citizens must study the faults of discretionary central banking and call for reforms to protect against them. ‘Money and the Rule of Law’ accomplishes the first goal. The second is up to us.” ~ Thomas L. Hogan
“The evidence shows that banks treated excess reserves as a profitable alternative to loans. High rates of IOER caused them to increase reserve holdings and decrease their loan allocations. The Fed was indeed paying banks not to lend.” ~ Thomas L. Hogan
“Government spending starts with taking money from taxpayers and setting 20 percent of it on fire. Even if the remaining funds were spent on very efficient projects, they have very little chance of creating net benefits for the economy.” ~ Thomas L. Hogan
“Contrary to McGinty and Patterson, a close look at the evidence reveals that deregulation and competition have, in fact, reduced electricity prices in Texas. Prices in competitive markets have fallen, while those of noncompetitive utilities have increased. Competition has brought both residential and commercial prices down below the national averages.” ~ Thomas L. Hogan
“Financial markets indicators suggest that high inflation is not likely. Even with a very large balance sheet, the Fed has proven that it can control inflation by paying high rates of interest on bank reserves. Whether Fed officials choose to do so is the open question.” ~ Thomas L. Hogan
TL Hogan. Reason Papers, 222-228, 2012
TL Hogan. Baker Institute Issue Brief 5, 2018
TL Hogan. AIER Sound Money Project Working Paper, 2021
TL Hogan, DJ Smith, RPK Aguiar-Hicks. Review of Austrian Economics 30 (4), 517-532, 2018
TL Hogan. Journal of the History of Economic Thought 39 (4), 611-614, 2017
TL Hogan, WJ Luther. Harwood Economic Review, Winter, 6-7, 2017
WJ Luther, TL Hogan. Journal of Private Enterprise 31 (2), 2016
TL Hogan, DJ Smith, R Aguiar-Hicks. European Journal of Comparative Economics 15 (2), 2018, 2015
WJ Luther, TL Hogan. Mercatus on Policy, 2012
TL Hogan. Reason Papers 34 (2), 222-229, 2012
TL Hogan, NR Meredith, X Pan. Mercatus on Policy, 2013
R Aguiar-Hicks, TL Hogan, DJ Smith. Working paper. Available online at: https://papers. ssrn. com/sol3/papers. cfm, 2015
TL Hogan, LH White. Journal of Economic Behavior & Organization 181, 241-251, 2021
TL Hogan. AIER Sound Money Project Working Paper, 2021
TL Hogan. The Review of Austrian Economics, 1-4, 2022
TL Hogan, DJ Smith. The Review of Austrian Economics, 1-23, 2022
TL Hogan. OP-1793,’Principles for Climate-Related Financial Risk Management for Large …, 2023
TL Hogan, K Johnson. The Independent Review, Forthcoming, 2015
TL Hogan, WJ Luther. AIER Sound Money Project Working Paper Forthcoming, 2019
TL Hogan. Cato Institute, 2022
TL Hogan. AIER Sound Money Project Working Paper, 2020
TL Hogan. Journal of the History of Economic Thought 41 (4), 655-657, 2019
TL Hogan. Public Choice 191 (1-2), 105-135, 2022
TL Hogan, LH White. GMU Working Paper in Economics, 2016
AW Salter, TL Hogan. Journal of Private Enterprise, forthcoming, 2018
TL Hogan, DJ Smith. Available at SSRN 2568634, 2016
TL Hogan, DJ Smith, R Aguiar-Hicks. The European journal of comparative economics 15 (2), 293-314, 2018
TL Hogan. Baker Institute Issue Brief, 19, 2019
TL Hogan, WJ Luther. The BE Journal of Theoretical Economics 19 (2), 2019
TL Hogan. Journal of Risk and Financial Management 14 (1), 24, 2021
TL Hogan, NR Meredith. Journal of Regulatory Economics 49, 86-112, 2016
TL Hogan, WJ Luther. Cato J. 34, 145, 2014
TL Hogan, K Johnson. The Independent Review 20 (3), 433-454, 2016
N Cachanosky, BP Cutsinger, TL Hogan, WJ Luther, AW Salter. Southern economic journal 87 (4), 1152-1174, 2021
TL Hogan, S Burns. Journal of Regulatory Economics 55, 214-236, 2019
TL Hogan. Journal of Macroeconomics 43, 257-266, 2015
TL Hogan. The Quarterly Review of Economics and Finance 57, 32-45, 2015
TL Hogan, L Le, AW Salter. Journal of Money, Credit and Banking 47 (2-3), 333-348, 2015
TL Hogan, WJ Luther. Available at SSRN 2567510, 2015
TL Hogan, NR Meredith, X Pan. Mercatus Center Working Paper, 2013
TL Hogan. Policy Analysis, 2012
TL Hogan, NR Meredith, XH Pan. Review of Financial Economics 36 (2), 83-89, 2018
TL Hogan. Baker Institute Issue Brief, 2019
TL Hogan, NR Meredith, X Pan. Journal of financial regulation and compliance 23 (2), 115-134, 2015
TL Hogan, GP Manish. Studies in Austrian Macroeconomics 20, 213-234, 2016
AT Young, T Wiseman, TL Hogan. Southern Economic Journal 81 (1), 193-210, 2014
TL Hogan. Available at SSRN 3118462, 2018
TL Hogan. AIER Sound Money Project Working Paper, 2021
TL Hogan. Journal of Macroeconomics 69, 103333, 2021
JR Hendrickson, TL Hogan, WJ Luther. Economic Inquiry 54 (2), 925-939, 2016