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Featured
Featured

Hoover Opens New David And Joan Traitel Building

featuring Hoover Institutionvia Stanford News
Thursday, October 19, 2017

The dynamic space is designed to enhance cooperation and efficiency across Hoover’s departments and provide conference and workshop facilities to host hundreds of visitors.

Featured

Taylor For Fed

by John H. Cochrane featuring John B. Taylorvia Grumpy Economist
Friday, October 20, 2017

I might as well share with blog readers my favorite for the Fed: John Taylor. A preface is in order though. Monetary policy is not, right now, the flaming hot mess that characterizes so much of the Federal Government. And all the candidates are good.

Featured

We Should Plan Homes To Minimize The Threat Of Wildfires

by Alice Hill, Jesse M. Keenanvia Newsweek
Saturday, October 21, 2017

Americans have been settling the west for over one hundred and fifty years. Today, we tame it one suburban development at a time. According to the Wildland Urban Interface (WUI) measurement framework, the conversion rate from wildlands to urban development has grown to 4,000 acres per day or close to 2 million acres per year.

Featured

Jennifer Burns On Ayn Rand And The Goddess Of The Market

by Russell Robertsinterview with Jennifer Burnsvia EconTalk
Monday, October 23, 2017

Jennifer Burns of Stanford University and the Hoover Institution talks with EconTalk host Russ Roberts about her biography of Ayn Rand, Goddess of the Market. They discuss Rand's philosophy, her influence, her relationship with the conservative movement, and the intersection of her personal life with her philosophical principles.

Analysis and Commentary
Analysis and Commentary

The Business Of Saving Lives

by Tunku Varadarajanvia Wall Street Journal
Friday, October 20, 2017

Gilead Science’s executive chairman talks about the new era of biomedicine and why drugs cost so much, as Donald Trump has noticed.

Analysis and Commentary

How Does Inflation Work Anyway?

by John H. Cochrane via Grumpy Economist
Friday, October 20, 2017

Monetary policy, central banking and inflation are hard. It's well to remember that. Today's blog post adds up a few things that seem like they're obvious but are not.

Analysis and Commentary

The Wheel Goes Round And Round -- All The Way Back To November 1963

by Bill Whalenvia Forbes
Sunday, October 22, 2017

It makes sense that President Trump’s decided to release a treasure trove of redacted or government-withheld files pertaining to John F. Kennedy’s assassination. When you think it over, the events of 54 years ago next month have much to do with the current miasma lingering over America’s political system.

Analysis and Commentary

Aineias The Tactician, Poliorkētika (Siegecraft) Or Tactical Treatise On How To Survive Under Siege

by David Berkeyvia Classics of Military History
Tuesday, October 10, 2017

From 16 October 2016, when Prime Minister Haider al-Abadi announced the launch of the assault, to 10 July 2017, when he declared victory over ISIS forces, portions of the city of Mosul were under siege. Lt. General Stephen Townsend said, “To put things in a little perspective for you, this is the most significant urban combat to take place since World War II; it is tough and brutal. House by house, block by block fights.” The combat he described would have been familiar not only to soldiers in Iraq, but also to those who fought at Stalingrad, and even to soldiers as far back as the sieges of antiquity. Even with the use of contemporary technology, many of the tactics employed in modern siegecraft and urban fighting are reminiscent of ancient ones. 

Analysis and Commentary

Greg's Algebra

by John H. Cochrane via Grumpy Economist
Saturday, October 21, 2017

How much do workers gain from a capital tax cut? This question has reverberated in oped pages and blogosphere, with the usual vitriol at anyone who might even speculate that a dollar in tax cuts could raise wages by more than a dollar.

Analysis and Commentary

Review: Lost And Found In Cyberspace

by Tunku Varadarajanvia Wall Street Journal
Sunday, October 22, 2017

If there is anyone in the world who still likes Julian Assange, the description of the man by this former admirer should prove curative. Tunku Varadarajan reviews ‘The Secret Life’ by Andrew O’Hagan.

Analysis and Commentary

The News And Me

by David R. Hendersonvia EconLog
Saturday, October 21, 2017

I've been traveling for 7 of the last 9 days and, as a result, haven't kept up with the news as much as normally. And doing so has made me realize how little I miss it. There's a lot of noise that, in the end, doesn't matter much.

Interviews
Interviews

Richard Epstein On The John Batchelor Show

interview with Richard A. Epsteinvia The John Batchelor Show
Friday, October 20, 2017

Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Making Health Care Great Again."

Interviews

George Shultz: Somebody Has To Put Their Hand Up And Tell Putin To Stop

quoting George P. Shultzvia Fox News Radio
Friday, October 20, 2017

Hoover Institution George Shultz discusses his experiences during the Reagan administration, what is going on with the North Korea tensions, our current relationship with Russia, and how President Trump is handling the situation.

Interviews

The German Economic Miracle With David Henderson

interview with David R. Hendersonvia The Economics Detective
Saturday, October 21, 2017

Hoover Institution fellow David Henderson discusses the West German economy, before and after WWII, and contrasts it with the East German economy. Henderson also discusses some of the interesting figures who played roles along the way.

Interviews

Paul Gregory On The John Batchelor Show

interview with Paul R. Gregoryvia The John Batchelor Show
Friday, October 20, 2017

Hoover Institution fellow Paul Gregory discusses his Forbes article "How Russia Is Playing Catalonia To Get A Reprieve On Crimea."

Interviews

Zachary Kaufman: This Supreme Court Case Could Have A Big Impact On US Foreign Policy

interview with Zachary D. Kaufmanvia UN Dispatch
Thursday, October 19, 2017

Hoover Institution fellow Zachary Kaufman discusses Jesner v. Arab Bank, which is before the US Supreme Court. Under normal circumstances, a case involving foreign victims of a terrorist attack carried out on foreign soil by a foreign group would typically not be the business of the US legal system. But the plaintiffs in this case are pursing damages using a law that has been on the books since the 18th century, called the Alien Tort Statute.

In the News
In the News

The Second World Wars

featuring Victor Davis Hansonvia Marginal Revolution
Sunday, October 22, 2017

The subtitle is How the First Global Conflict Was Fought and Won, and the author is Victor Davis Hanson. I loved this book, even though before I started I felt I didn’t want to read yet another tract on WWII. Most of the focus is on the logistics and management side: By 1944, the U.S. Navy was larger than the combined fleets of all the other major powers.

In the News

American Umpire

featuring Elizabeth Cobbsvia Amazon
Monday, October 23, 2017

Since the end of World War II, the United States has acted as the world's policeman. Does it have to do this forever? American Umpire examines the history of United States' foreign policy from its origins as a neutral power through its transition into a highly engaged superpower, and explores possible options for future policies.

In the News

John Cochrane Defends Equity Banking

featuring John H. Cochrane via Economics Blogs
Friday, October 20, 2017

In part his blog post is a response to my recently published email, but it is also a more general presentation of the equity banking idea. Here are his closing bits: The equity of 100% equity financed banks would be incredibly safe. 1/10 the volatility of current banks. It would be an attractive asset. The private sector really does not have to hold any more risk or provide any more money to an equity financed banking system.

In the News

What We Can Learn From World War II

featuring Victor Davis Hansonvia The Washington Free Beacon
Friday, October 20, 2017

While visiting Hillsdale College this week, I was unexpectedly bequeathed a gift. When I arrived at the house where I am staying I discovered on the buffet table in the kitchen a small collection of books on military history, grand strategy, and World War II. Among them was the bound galley of Victor Davis Hanson's The Second World Wars, published Tuesday by Basic Books.

In the News

Who Controls The Levers Of Power?

featuring Niall Fergusonvia Money Week (UK)
Saturday, October 21, 2017

The idea of a secret cabal pulling the levers of power is a staple of conspiracy theorists everywhere. Such claims are usually exaggerated – but Niall Ferguson argues in his new book that they reveal an underlying truth about both society and the economy.

Pirms iebrukuma Padomju Savienibā, vācu propagandas aparāts radīja pro
In the News

Five Myths About Nazis

featuring Niall Fergusonvia The Washington Post
Friday, October 20, 2017

It wasn’t Hitler’s hateful rhetoric that earned him the lion’s share of his support.

In the News

The Point McCain And Bush Made Is Much Bigger Than Trump

quoting Larry Diamond, Michael McFaul, Kori Schakevia The Washington Post
Monday, October 23, 2017

It’s no surprise that when President Trump shot back at Sen. John McCain (R-Ariz.) last week, he failed to engage the substance of McCain’s argument.

In the News

What Steve Bannon's Up To: Hobbit Midterms

quoting Victor Davis Hansonvia American Thinker
Sunday, October 22, 2017

On Saturday, October 14, 2017, on the heels of President Trump's remarks the previous day to the Values Voter Summit in Washington, D.C., Steve Bannon, in a speech to the same group, fired the official opening salvos toward Mitch McConnell in a gathering epic confrontation between the multinational corporations on one side and the newly emerging Republican Party of the Little People on the other – the forgotten working class, championed by Donald Trump in his successful presidential run. 

In the News

A Breath Of Fresh Air From John Cochrane

quoting John H. Cochrane via EconLog
Saturday, October 21, 2017

Over at TheMoneyIllusion I've been running a series of posts that are critical of popular views of inflation. I claim inflation is determined by shifts in the supply and demand for money, and that factors like the Phillips curve and interest rates are not central to the inflation process. Think of money supply and demand models as fundamental, and Philips curve and interest rate models as contingent.

In the News

Nobel Laureates Joseph Stiglitz, Michael Spence To Co-Chair Independent Commission On Global Economic Transformation

mentioning Michael Spencevia Institute for New Economic Thinking
Sunday, October 22, 2017

Following the dramatic political shocks to the industrialized world in 2016, worsening global poverty and inequality, and inadequate public and private sector responses to the challenges that continue to plague the world’s economy 10 years after the financial crisis, the Institute for New Economic Thinking (INET) has initiated a Commission on Global Economic Transformation (CGET), with support from the Center for International Governance Innovation (CIGI).

Photographic portrait of the “Great and Generous Leader,” Joseph Stalin.
In the News

The Death Of Stalin: Who Were The Key Historical Players Featured In The Film

quoting Robert Servicevia The i Paper
Friday, October 20, 2017
As the title suggests The Death of Stalin, takes place during the power struggle that followed the ‘Man of Steel’s’ death.
In the News

Nobel Laureates Joseph Stiglitz And Michael Spence Lead New Group To Tackle World's Economic Woes

quoting Robert Servicevia The Economic Times
Sunday, October 22, 2017
Nobel laureates Joseph Stiglitz and Michael Spence are leading a new initiative to find solutions to what they see as a dysfunctioning market economy.
In the News

Our Views: Look For Energy Benefits In New NAFTA

quoting George P. Shultzvia The Advocate
Friday, October 20, 2017

In today’s raucous political environment, perhaps the best outcome for the American economy is no progress in trade talks. That has already led to intense mutual exasperation among trade negotiators working on updating NAFTA, the treaty that ought to be called the North American Co-Prosperity Sphere, because that is what it has delivered since 1994.

In the News

For Some Veterans, John Kelly’s Remarks Add To A Worrying Military-Civilian Divide

quoting Kori Schakevia The Washington Post
Saturday, October 21, 2017

The deaths of four Special Forces soldiers in Niger this month have sparked wider debate about military service, the civilian-military divide in the United States and the contours of public discourse about one of the country’s most hallowed communities: the families of troops killed in combat.

In the News

How Name-Calling And Labeling Erode Trust And Keep People From Finding Solutions

quoting Bruce Thorntonvia Deseret News (UT)
Friday, October 20, 2017

Matthew Lee Anderson tries not to lose sleep over being hated.He began to see the value of this approach three years ago at a St. Louis college, after he’d discussed his opposition to same-sex marriage.

In the News

‘The President’s Wingman’: Absent In The West Wing, Bannon Stays Close To Trump

quoting Bill Whalenvia The Washington Post
Saturday, October 21, 2017

In the two months since Stephen K. Bannon was shunted from the White House and returned to the helm of Breitbart News, the former chief strategist has declared “a season of war” on establishment Republicans and even worked to help a Senate candidate opposed by President Trump.

In the News

Iran's Guards Show No Intention Of Curbing Activities In Mideast

quoting Abbas Milanivia Middle East Online (UK)
Friday, October 20, 2017

Revolutionary Guards flex muscle in Middle East despite Trump’s warning as Iran's proxies make military gains in recent months.

In the News

The Rift Among Charter Schools

quoting Michael J. Petrillivia The American Prospect
Friday, October 20, 2017

Independent schools move to declare their independence from the for-profit and nonprofit chains.

In the News

Former White House Advisor Steve Bannon Will Headline Calif. GOP Convention

quoting Bill Whalenvia Capital Public Radio
Friday, October 20, 2017

California Republicans gather in Anaheim this weekend for the state party’s semi-annual convention – with former White House advisor Steve Bannon headlining the list of speakers. The polarizing Bannon will address a state Republican Party whose registration dropped below 26 percent in the latest totals released earlier this year.

In the News

What Impact Will Raqqa’s Fall Have On Syria’s Complex War?

quoting Fabrice Balanche via The Times of Israel
Saturday, October 21, 2017

Former Islamic State stronghold was captured by Syrian Democratic Forces, an alliance of Kurdish and Arab fighters, after a battle that lasted over 4 months.

In the News

Kurdish Fight For Women's Rights Faces Challenges In Syria

quoting Fabrice Balanche via Middle East Eye
Saturday, October 21, 2017

In northern Syria, the Kurds are trying to implement women's rights, but this could prove difficult among the Arab population.

In the News

Henderson At Texas Tech In Lubbock

by David R. Hendersonvia EconLog
Sunday, October 22, 2017

This coming Thursday, October 26, I will be speaking at the Free Market Institute at Texas Tech University.

E.g., 10 / 23 / 2017
E.g., 10 / 23 / 2017
cartoon of a billboard showing a chart of the economic downturn

Monday, October 23, 2017

Featured

featuring Hoover Institution Thursday, October 19, 2017
article
by John H. Cochrane featuring John B. Taylor Friday, October 20, 2017
article
by Alice Hill, Jesse M. Keenan Saturday, October 21, 2017
article
by Russell Roberts interview with Jennifer Burns Monday, October 23, 2017
podcast

Analysis and Commentary

by Tunku Varadarajan Friday, October 20, 2017
article
by John H. Cochrane Friday, October 20, 2017
article
by Bill Whalen Sunday, October 22, 2017
article
by David Berkey Tuesday, October 10, 2017
article
by John H. Cochrane Saturday, October 21, 2017
article
by Tunku Varadarajan Sunday, October 22, 2017
article
by David R. Henderson Saturday, October 21, 2017
article

Interviews

interview with Richard A. Epstein Friday, October 20, 2017
podcast
quoting George P. Shultz Friday, October 20, 2017
podcast
interview with David R. Henderson Saturday, October 21, 2017
podcast
interview with Paul R. Gregory Friday, October 20, 2017
podcast
interview with Zachary D. Kaufman Thursday, October 19, 2017
podcast

In the News

featuring Victor Davis Hanson Sunday, October 22, 2017
article
featuring Elizabeth Cobbs Monday, October 23, 2017
article
featuring John H. Cochrane Friday, October 20, 2017
article
featuring Victor Davis Hanson Friday, October 20, 2017
article
featuring Niall Ferguson Saturday, October 21, 2017
article
featuring Niall Ferguson Friday, October 20, 2017
article
quoting Larry Diamond, Michael McFaul, Kori Schake Monday, October 23, 2017
article
quoting Victor Davis Hanson Sunday, October 22, 2017
article
quoting John H. Cochrane Saturday, October 21, 2017
article
mentioning Michael Spence Sunday, October 22, 2017
article
quoting Robert Service Friday, October 20, 2017
article
quoting Robert Service Sunday, October 22, 2017
article
quoting George P. Shultz Friday, October 20, 2017
article
quoting Kori Schake Saturday, October 21, 2017
article
quoting Bruce Thornton Friday, October 20, 2017
article
quoting Bill Whalen Saturday, October 21, 2017
article
quoting Abbas Milani Friday, October 20, 2017
article
quoting Michael J. Petrilli Friday, October 20, 2017
article
quoting Bill Whalen Friday, October 20, 2017
article
quoting Fabrice Balanche Saturday, October 21, 2017
article
quoting Fabrice Balanche Saturday, October 21, 2017
article
by David R. Henderson Sunday, October 22, 2017
article
cartoon of the Earth as a bomb

Friday, October 20, 2017

Featured

featuring Hoover Institution Friday, October 20, 2017
article
mentioning John B. Taylor, Kevin Warsh Thursday, October 19, 2017
article
by Terry Anderson Thursday, October 19, 2017
article
by Joshua D. Rauh Friday, October 20, 2017
video

Analysis and Commentary

interview with Elizabeth Cobbs Thursday, October 19, 2017
podcast
by John H. Cochrane Thursday, October 19, 2017
article
by Bruce Thornton Friday, October 20, 2017
article
by David Davenport Thursday, October 19, 2017
article
by Condoleezza Rice Tuesday, October 17, 2017
article
by Josef Joffe mentioning Robert Service Thursday, October 19, 2017
article

Interviews

interview with Edward Paul Lazear Thursday, October 19, 2017
video
interview with Victor Davis Hanson Thursday, October 19, 2017
podcast
interview with Victor Davis Hanson Friday, October 20, 2017
podcast
interview with Abbas Milani Friday, October 20, 2017
podcast

In the News

featuring Condoleezza Rice Thursday, October 19, 2017
article
featuring George P. Shultz, John F. Cogan Thursday, October 19, 2017
article
featuring Stephen Kotkin Thursday, October 19, 2017
article
cartoon of bald eagle and American flag

Thursday, October 19, 2017

Featured

by George P. Shultz, John F. Cogan Wednesday, October 18, 2017
article
by Victor Davis Hanson Wednesday, October 18, 2017
article
by David Davenport Wednesday, October 18, 2017
article
interview with Richard A. Epstein Thursday, October 19, 2017
podcast

Analysis and Commentary

by Victor Davis Hanson Thursday, October 19, 2017
article
by Stephen Kotkin Wednesday, October 18, 2017
article
by Victor Davis Hanson Thursday, October 19, 2017
article
by Michael J. Petrilli Thursday, October 19, 2017
article
by Markos Kounalakis Thursday, October 19, 2017
article
by Michael J. Petrilli Wednesday, October 18, 2017
article
by David R. Henderson Thursday, October 19, 2017
article

Interviews

interview with Richard A. Epstein Wednesday, October 18, 2017
podcast

In the News

quoting Timothy Kane Wednesday, October 18, 2017
article
quoting Thomas Sowell Wednesday, October 18, 2017
article
mentioning Stephen Haber Wednesday, October 18, 2017
article
mentioning Condoleezza Rice Wednesday, October 18, 2017
article
Oval Office

Wednesday, October 18, 2017

Featured

by Victor Davis Hanson Tuesday, October 17, 2017
article
interview with Stephen Haber Tuesday, October 17, 2017
podcast
by Michael R. Auslin Tuesday, October 17, 2017
article
by Bill Whalen Tuesday, October 17, 2017
article

Analysis and Commentary

by Victor Davis Hanson Wednesday, October 18, 2017
article
by Paul R. Gregory Tuesday, October 17, 2017
article
by Samuel Tadros Wednesday, October 18, 2017
article
by David R. Henderson Wednesday, October 18, 2017
article

Interviews

interview with Victor Davis Hanson Tuesday, October 17, 2017
podcast
interview with Niall Ferguson Wednesday, October 18, 2017
podcast
interview with Ayaan Hirsi Ali Monday, October 16, 2017
video

In the News

Wednesday, October 18, 2017
event
quoting Edward Paul Lazear Tuesday, October 17, 2017
article
quoting Caroline M. Hoxby Tuesday, October 17, 2017
article
quoting Bill Whalen Monday, October 16, 2017
article
quoting Michael J. Petrilli Tuesday, October 17, 2017
article

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In the News

The Point McCain And Bush Made Is Much Bigger Than Trump

quoting Larry Diamond, Michael McFaul, Kori Schakevia The Washington Post
Monday, October 23, 2017

It’s no surprise that when President Trump shot back at Sen. John McCain (R-Ariz.) last week, he failed to engage the substance of McCain’s argument.

In the News

American Umpire

featuring Elizabeth Cobbsvia Amazon
Monday, October 23, 2017

Since the end of World War II, the United States has acted as the world's policeman. Does it have to do this forever? American Umpire examines the history of United States' foreign policy from its origins as a neutral power through its transition into a highly engaged superpower, and explores possible options for future policies.

Featured

Jennifer Burns On Ayn Rand And The Goddess Of The Market

by Russell Robertsinterview with Jennifer Burnsvia EconTalk
Monday, October 23, 2017

Jennifer Burns of Stanford University and the Hoover Institution talks with EconTalk host Russ Roberts about her biography of Ayn Rand, Goddess of the Market. They discuss Rand's philosophy, her influence, her relationship with the conservative movement, and the intersection of her personal life with her philosophical principles.

In the News

What Steve Bannon's Up To: Hobbit Midterms

quoting Victor Davis Hansonvia American Thinker
Sunday, October 22, 2017

On Saturday, October 14, 2017, on the heels of President Trump's remarks the previous day to the Values Voter Summit in Washington, D.C., Steve Bannon, in a speech to the same group, fired the official opening salvos toward Mitch McConnell in a gathering epic confrontation between the multinational corporations on one side and the newly emerging Republican Party of the Little People on the other – the forgotten working class, championed by Donald Trump in his successful presidential run. 

In the News

Henderson At Texas Tech In Lubbock

by David R. Hendersonvia EconLog
Sunday, October 22, 2017

This coming Thursday, October 26, I will be speaking at the Free Market Institute at Texas Tech University.

Analysis and Commentary

Sunday Morning Audio: The German Economic Miracle

by David R. Hendersonvia EconLog
Sunday, October 22, 2017

Garrett M. Petersen, aka the "Economics Detective," interviewed me a few weeks ago about the post-World War II German economic miracle. I had written about it in "German Economic Miracle" in The Concise Encyclopedia of Economics. Garrett, a Ph.D. student in economics at Simon Fraser University, is a first-rate interviewer.

In the News

Nobel Laureates Joseph Stiglitz And Michael Spence Lead New Group To Tackle World's Economic Woes

quoting Robert Servicevia The Economic Times
Sunday, October 22, 2017
Nobel laureates Joseph Stiglitz and Michael Spence are leading a new initiative to find solutions to what they see as a dysfunctioning market economy.
In the News

The Second World Wars

featuring Victor Davis Hansonvia Marginal Revolution
Sunday, October 22, 2017

The subtitle is How the First Global Conflict Was Fought and Won, and the author is Victor Davis Hanson. I loved this book, even though before I started I felt I didn’t want to read yet another tract on WWII. Most of the focus is on the logistics and management side: By 1944, the U.S. Navy was larger than the combined fleets of all the other major powers.

Analysis and Commentary

The Wheel Goes Round And Round -- All The Way Back To November 1963

by Bill Whalenvia Forbes
Sunday, October 22, 2017

It makes sense that President Trump’s decided to release a treasure trove of redacted or government-withheld files pertaining to John F. Kennedy’s assassination. When you think it over, the events of 54 years ago next month have much to do with the current miasma lingering over America’s political system.

In the News

Nobel Laureates Joseph Stiglitz, Michael Spence To Co-Chair Independent Commission On Global Economic Transformation

mentioning Michael Spencevia Institute for New Economic Thinking
Sunday, October 22, 2017

Following the dramatic political shocks to the industrialized world in 2016, worsening global poverty and inequality, and inadequate public and private sector responses to the challenges that continue to plague the world’s economy 10 years after the financial crisis, the Institute for New Economic Thinking (INET) has initiated a Commission on Global Economic Transformation (CGET), with support from the Center for International Governance Innovation (CIGI).

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