PhD, AM, economics, Harvard University
BS, BA, economics, University of Central Florida
Scholars
Nonresident Senior Fellow
Health care policy, Poverty, Finance, Financial markets & institutions, Tax & budget issues
Glenn Hubbard is a nonresident senior fellow at the American Enterprise Institute, where his work is focused on a wide range of economic issues including health care; poverty; public, corporate, and international finance; and financial markets and institutions. A former chairman of the President’s Council of Economic Advisers at the White House, Dr. Hubbard concurrently serves as dean emeritus and Russell L. Carson Professor of Economics and Finance at Columbia Business School. He has also served as a deputy assistant secretary at the US Treasury Department and as a consultant to the Federal Reserve Board and the Federal Reserve Bank of New York, among other positions.
Dr. Hubbard has been widely published in academic journals and the popular press, including in the American Economic Review, the Journal of Financial Economic Policy, The Atlantic, The Wall Street Journal, and The Washington Post. His books include “Balance: The Economics of Great Powers from Ancient Rome to Modern America” (Simon & Schuster, 2013); “The Aid Trap: Hard Truths About Ending Poverty” (Columbia University Press, 2009); and “Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System” (AEI Press and Hoover Institution Press, 2005, second edition, 2011).
Dr. Hubbard has a PhD and a master’s in economics from Harvard University. He holds a BS and a BA in economics from the University of Central Florida.
PhD, AM, economics, Harvard University
BS, BA, economics, University of Central Florida
Op-Ed
Project Syndicate
As November's midterm elections approach, President Trump must stop pushing for a weaker dollar, which will exacerbate the affordability pressures many Americans face and harm the country's fiscal position. Fortunately, several policy instruments could help the administration support domestic manufacturing.
BY R. Glenn Hubbard ON 26 May 26
Press
Bloomberg
Senior Fellow R. Glenn Hubbard discusses what’s ahead for the Federal Reserve and monetary policy on Bloomberg’s ‘Wall Street Week.’
BY R. Glenn Hubbard ON 2 May 26
Press
Bloomberg
Senior Fellow R. Glenn Hubbard discusses economic policy ahead of the midterms and price pressures from the Iran War on Bloomberg’s Surveillance Podcast.
BY R. Glenn Hubbard ON 29 Apr 26
Press
Senior Fellow R. Glenn Hubbard discusses what monetary policy could look like under Kevin Warsh on NPR’s ‘Morning Edition.’
BY R. Glenn Hubbard ON 21 Apr 26
Op-Ed
Financial Times
As Kevin Warsh assumes leadership of the Federal Reserve amid persistent inflation, geopolitical uncertainty, and political threats to the bank's independence, he must immediately overhaul the institution's purpose, strategy, and structure.
BY R. Glenn Hubbard ON 20 Apr 26
Op-Ed
Project Syndicate
President Trump has rightly raised questions about the economic consequences of technological change and globalization. Two hundred fifty years after its publication, The Wealth of Nations points to a necessary pivot away from mercantilism and toward a more balanced, pro-growth framework.
BY R. Glenn Hubbard ON 17 Apr 26
Op-Ed
Project Syndicate
As November's midterm elections approach, President Trump must stop pushing for a weaker dollar, which will exacerbate the affordability pressures many Americans face and harm the country's fiscal position. Fortunately, several policy instruments could help the administration support domestic manufacturing.
BY R. Glenn Hubbard ON 26 May 26
Op-Ed
Financial Times
As Kevin Warsh assumes leadership of the Federal Reserve amid persistent inflation, geopolitical uncertainty, and political threats to the bank's independence, he must immediately overhaul the institution's purpose, strategy, and structure.
BY R. Glenn Hubbard ON 20 Apr 26
Op-Ed
Project Syndicate
President Trump has rightly raised questions about the economic consequences of technological change and globalization. Two hundred fifty years after its publication, The Wealth of Nations points to a necessary pivot away from mercantilism and toward a more balanced, pro-growth framework.
BY R. Glenn Hubbard ON 17 Apr 26
Op-Ed
Although Donald Trump is wrong to impugn the US Federal Reserve chair’s motives, the central bank has made some serious mistakes. To avoid repeating them, the next chair will have to confront fundamental questions about...
BY R. Glenn Hubbard ON 18 Aug 25
Article
The digitization of practically everything makes modernization of the US statistical system—including improvements to data collection and measurement and investment in statistical agencies—imperative. If legislators want to ensure that US economic indicators remain the envy of the world, they ought to keep this in mind as they work through appropriations for the next fiscal year.
BY Alan D. Viard + Bruce D. Meyer + R. Glenn Hubbard + et al. ON 29 Jul 25
Op-Ed
Glenn Hubbard argues that replacing tariffs with a TCJA+ reform—featuring a cash-flow tax and border adjustment—would better promote US investment, increase revenue, and advance President Trump's economic agenda without disrupting markets.
BY R. Glenn Hubbard ON 8 May 25
Journal Publication
Entrepreneurship and Innovation Policy and the Economy
Growth-enhancing policies cannot stabilize federal debt on their own, but such policies can reduce the explicit tax hikes and spending cuts needed to stabilize debt.
BY R. Glenn Hubbard + Douglas Elmendorf + Zachary Liscow ON 16 Mar 26
Special Feature
The United States and the American Enterprise Institute lost a great leader, patriot, and friend on Monday morning with the passing of Vice President Richard Cheney.
BY Robert Doar + Yuval Levin + Kori Schake + et al. ON 4 Nov 25
Report
The United States faces serious economic and social challenges. To address these problems, the Center for Collaborative Democracy commissioned subject matter experts—progressives, centrists, and conservatives—to develop a “Grand Bargain” encompassing six issues.
BY Michael R. Strain + R. Glenn Hubbard ON 23 Sep 24
Journal Publication
Following the June 2021 expiration of expanded unemployment benefits in 18 states, the flow of unemployed workers into employment increased by around two-thirds among prime-age workers relative to states not ending benefits until September 2021. States ending benefits in June also saw decreases in unemployment rates and increases in employment-population ratios relative to states not ending benefits until September.
BY Michael R. Strain + R. Glenn Hubbard + Harry Holzer ON 23 Sep 23
Book
An informed argument for an economic policy based on bridges of preparation and adaptation rather than walls of protection and exclusion Free-market economists often have noted that there are winners and losers in a competitive...
BY R. Glenn Hubbard ON 17 Nov 21
Journal Publication
Brookings Papers on Economic Activity
In this paper, we present evidence that the Paycheck Protection Program substantially increased the employment, financial health, and survival of small businesses. While our findings are informative, we believe it is too early to issue conclusive judgment on PPP’s success.
BY R. Glenn Hubbard + Michael R. Strain ON 30 Sep 21
Event
How can we better promote opportunity for those who have felt the effects of economic disruption?
BY R. Glenn Hubbard + Michael R. Strain ON 5 Jan 22
Event
This event has been cancelled.
BY R. Glenn Hubbard ON 21 Dec 21
Event
Event Summary On Tuesday, October 6, AEI’s Michael R. Strain welcomed AEI’s R. Glenn Hubbard, Clifford Asness of AQR Capital Management, and Martin Lipton of Wachtell, Lipton, Rosen & Katz for a conversation on corporate...
BY Michael R. Strain + R. Glenn Hubbard ON 22 Sep 20
Event
Online registration for this event is closed. Walk-in registrations may be accepted. If you cannot attend, we welcome you to watch the event live on this page. Politicians often call for actions to enhance US...
BY Kevin A. Hassett + John H. Makin + R. Glenn Hubbard + et al. ON 15 Sep 11
Event
Online registration for this event is closed. Walk-in registrations will be accepted. In his book Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity (FT Press,...
BY Kevin A. Hassett + R. Glenn Hubbard + Arthur C. Brooks ON 15 Nov 10
Event
Political debate in the United States is full of calls to enhance national competitiveness. But there is rarely much specificity about what “competitiveness” means. Instead, there is a sense that if America does not embrace...
BY Kevin A. Hassett + R. Glenn Hubbard ON 16 Mar 10
Multimedia
Bloomberg News
Senior Fellow R. Glenn Hubbard discusses tariffs, artificial intelligence, and US monetary policy on Bloomberg TV’s ‘Wall Street Week.’
BY R. Glenn Hubbard ON 12 Dec 25
Multimedia
Brookings Podcast on Economic Activity
When Congress considers legislation, nonpartisan agencies provide estimates of the law’s potential economic effects to policymakers, a process known as “scoring.” In recent decades, analysts at the Congressional Budget Office and Joint Committee on Taxation...
BY R. Glenn Hubbard + Doug Elmendorf + Wendy Edelberg + et al. ON 6 Nov 24
Podcast
Steven Davis and Glenn Hubbard critique industrial policy as practiced under Presidents Trump and Biden and discuss Hubbard’s vision of how to harness “Markets for the People” to advance prosperity and liberty for all Americans.
BY R. Glenn Hubbard + Steven J. Davis ON 6 Sep 24
Podcast
Today on Political Economy, I talk to Glenn Hubbard about why fear of change can trap us in an economic zero-sum game, and how embracing the growing pains of innovation can free us from that scenario, making things better for everybody.
BY James Pethokoukis + R. Glenn Hubbard ON 13 Aug 24
Podcast
Glenn Hubbard, economist and former dean of Columbia Business School, talks about rates, inflation, and the difficulty of executing a ‘soft landing’ with Barron’s Andy Serwer. Full transcript can be found here.
BY R. Glenn Hubbard ON 28 Dec 23
Podcast
Economic changes bring prosperity, but not without cost. The globalization of how we produce and consume has left many American workers in dead end jobs without prospects for advancement. Some critics of this change have...
BY Brent Orrell + R. Glenn Hubbard ON 20 Oct 22