Experience

  • Columbia Business School: Dean Emeritus, 2019–present; Dean, 2004–19; Russell L. Carson Professor of Economics and Finance, 1994–present; Senior Vice Dean, 1994–97; Professor, 1988–94
  • The White House: Chairman, President’s Council of Economic Advisers, 2001–03
  • Harvard Business School: Visiting Professor of Business Administration, 1997–98
  • The University of Chicago: John M. Olin Visiting Professor, Center for the Study of Economy and the State, 1994
  • American Council for Capital Formation: MCI Fellow, 1994
  • US Department of the Treasury: Deputy Assistant Secretary, 1991–93
Education

PhD, AM, economics, Harvard University
BS, BA, economics, University of Central Florida

Scholars

R. Glenn Hubbard

Nonresident Senior Fellow

Research Areas

Health care policy, Poverty, Finance, Financial markets & institutions, Tax & budget issues

Contact

Research Assistant

John Towey Send Email
Media Request

Hannah Bowen 202.570.6533 Send Email

Download Vcard

Bio & Experience

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.

Experience

  • Columbia Business School: Dean Emeritus, 2019–present; Dean, 2004–19; Russell L. Carson Professor of Economics and Finance, 1994–present; Senior Vice Dean, 1994–97; Professor, 1988–94
  • The White House: Chairman, President’s Council of Economic Advisers, 2001–03
  • Harvard Business School: Visiting Professor of Business Administration, 1997–98
  • The University of Chicago: John M. Olin Visiting Professor, Center for the Study of Economy and the State, 1994
  • American Council for Capital Formation: MCI Fellow, 1994
  • US Department of the Treasury: Deputy Assistant Secretary, 1991–93
Education

PhD, AM, economics, Harvard University
BS, BA, economics, University of Central Florida

Latest Scholarship

Op-Ed

Project Syndicate

The Policy Pivot Trump Needs

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.

Press

Bloomberg

Discussing what’s ahead for the Federal Reserve and monetary policy: Hubbard on Bloomberg’s ‘Wall Street Week’

Senior Fellow R. Glenn Hubbard discusses what’s ahead for the Federal Reserve and monetary policy on Bloomberg’s ‘Wall Street Week.’

Press

Bloomberg

Discussing economic policy ahead of the midterms and price pressures from the Iran War: Hubbard on Bloomberg’s Surveillance Podcast

Senior Fellow R. Glenn Hubbard discusses economic policy ahead of the midterms and price pressures from the Iran War on Bloomberg’s Surveillance Podcast.

Press

Discussing what monetary policy could look like under Kevin Warsh: Hubbard on NPR’s ‘Morning Edition’

Senior Fellow R. Glenn Hubbard discusses what monetary policy could look like under Kevin Warsh on NPR’s ‘Morning Edition.’

Op-Ed

Financial Times

What Warsh Should Do at the Fed

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.

Op-Ed

Project Syndicate

Adam Smith on the US Midterms

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.

Op-Ed

Project Syndicate

The Policy Pivot Trump Needs

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.

Op-Ed

Financial Times

What Warsh Should Do at the Fed

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.

Op-Ed

Project Syndicate

Adam Smith on the US Midterms

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.

Op-Ed

Project Syndicate

Questions for the Fed

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...

Article

Economic Innovation Group

Bipartisan Call to Strengthen America’s Economic Statistical System

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.

Op-Ed

The Wall Street Journal

The GOP Tax Bill Could Solve the Tariff Problem

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.

Journal Publication

Entrepreneurship and Innovation Policy and the Economy

Policies to Reduce Federal Budget Deficits by Increasing Economic Growth

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.

Special Feature

Remembering Vice President Richard Cheney

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.

Report

Bipartisan Policy Center

Toward a Potential Grand Bargain for the Nation

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.

Journal Publication

Economic Inquiry

Did Pandemic Unemployment Benefits Increase Unemployment? Evidence from Early State-Level Expirations

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.

Book

Yale University Press

The Wall and the Bridge

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...

Journal Publication

Brookings Papers on Economic Activity

Has the Paycheck Protection Program Succeeded?

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.

Event

‘The Wall and the Bridge’: A Book Event with Glenn Hubbard

How can we better promote opportunity for those who have felt the effects of economic disruption?

Event

CANCELLED: ‘The Wall and the Bridge’: A Book Event with Glenn Hubbard

This event has been cancelled.

Event

Was Milton Friedman Right About Shareholder Capitalism?

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...

Event

Is Competitiveness Worth Defending?

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...

Event

How to Reclaim American Prosperity

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,...

Event

How Will the United States Compete?

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...

Multimedia

Bloomberg News

Why the Case for More Fed Cuts Is So Hard to Make: Hubbard on Bloomberg TV’s ‘Wall Street Week’

Senior Fellow R. Glenn Hubbard discusses tariffs, artificial intelligence, and US monetary policy on Bloomberg TV’s ‘Wall Street Week.’

Multimedia

Brookings Podcast on Economic Activity

What Is the Value of Dynamic Scoring for Legislators?

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...

Podcast

Hoover Institution

Markets for the People

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.

Podcast

Glenn Hubbard: A Pro-Growth Policy Agenda

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.

Podcast

Barron’s

“I Still Think Recession Is Coming”

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.

Podcast

Glenn Hubbard on Protectionism and Economic Opportunity

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...