Hoover Daily Report
Featured
Featured

The Federal Reserve Needs New Thinking

by Kevin Warshvia Wall Street Journal
Wednesday, August 24, 2016

Its models are unreliable, its policies erratic and its guidance confusing. It is also politically vulnerable.

During his tenure as Secretary of Commerce from 1921 to 1928, Hoover debated with colleagues in the Department of the Interior over whether or not airports and scenic airplane rides should be allowed in national parks. By the late 1920s airports were bein
Featured

Happy 100th Birthday, National Parks

by Terry Andersonvia Wall Street Journal
Wednesday, August 24, 2016

Yellowstone could cover its operating budget with a daily fee of $11. Glacier could do so for $7.19.

Featured

The Disconnect Beneath The Praise For U.S. Military

by Kori Schakevia The Wall Street Journal
Wednesday, August 24, 2016

At a time when public opinion of most government institutions slides ever lower, the military represents a rare bright spot: 88% of Americans describe themselves as proud of the men and women who serve in our armed forces.

Featured

Security Strategies: Experiences Of The Mexican States Of Chihuahua And Nuevo León

via Hoover Institution
Wednesday, August 24, 2016

Mexico has struggled to consolidate a solid rule of law. The northern Mexican states of Chihuahua and Nuevo León are notable, however, for having successfully reduced the levels of violence that spiked there in 2010–11.

Analysis and Commentary
Analysis and Commentary

The Libertarian: "Libertarian Potpourri"

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Thursday, August 25, 2016
The NLRB unionizes graduate students, federal courts halt the Obama Administration's transgender bathroom efforts, and convicted felons rejoin the voter rolls in Virginia.
Analysis and Commentary

Cultivating Common Ground: The State Of The Wealthy Class In California

by Victor Davis Hansonvia California Ag Today
Tuesday, July 12, 2016

There was more of the same-old, same-old California news recently. Some 62 percent of state roads have been rated poor or mediocre. There were more predications of huge cost overruns and yearly losses on high-speed rail—before the first mile of track has been laid. One-third of Bay Area residents were polled as hoping to leave the area soon.

Analysis and Commentary

A Less Weird Time At Jackson Hole?

by John B. Taylorvia Economics One
Wednesday, August 24, 2016

I’m on my way to join the world’s central bankers at Jackson Hole for the 35th annual monetary-policy conference in the Grand Teton Mountains. I attended the first monetary-policy conference there in 1982, and I may be the only person to attend both the 1st and the 35th.

Analysis and Commentary

We Must Diversify Charter School Options

by Chester E. Finn Jr., Bruno V. Manno, Brandon L. Wright via Education Week
Tuesday, August 23, 2016

June 4 marked the 25th anniversary of Minnesota's charter school law, the nation's first. In 1990, charter pioneer Ted Kolderie foresaw that chartering would "introduce the dynamics of choice, competition, and innovation into America's public school system, while at the same time ensuring that new schools serve broad public purposes."

Analysis and Commentary

Diversity: History's Pathway To Chaos

by Victor Davis Hansonvia National Review
Thursday, August 25, 2016

America’s successful melting pot should not be replaced with discredited salad-bowl separatism.

Analysis and Commentary

Americans' Future Quality Of Life Will Depend On Keeping People Working

by Charles Blahousvia CNSNews
Wednesday, August 24, 2016

It is becoming increasingly clear that reforming federal policies to keep people in the workforce is the primary economic policy challenge of our time. Americans’ future quality of life will depend on our getting this right.

Analysis and Commentary

Can California Voters Make Responsible Policy?

by Carson Brunovia Real Clear Markets
Thursday, August 25, 2016

This November, Californians - in addition to electing or re-electing local, states, and federal office-holders - will be deciding the fate of at least seventeen statewide ballot measures (and countless local/regional ones). These measures address some major policy issues, such as the fate of California's death penalty, adult recreational marijuana use, and pharmaceutical price controls.

Analysis and Commentary

Rational Security: The "You're Nobody 'Til Somebody Hacks You" Edition

by Benjamin Wittesvia Lawfare
Thursday, August 25, 2016

The New York Times and maybe the NSA get hacked; you're just not cool anymore unless you're being hacked by Fancy Bear. Is the U.S. turning the tide of the war on ISIS? 

Interviews
Interviews

Stitch Chat — The Specialist: Lanhee Chen Chats About Devising A Platform For A Presidential Campaign

interview with Lanhee J. Chenvia Sidewire
Wednesday, August 24, 2016

Hoover Institution fellow Lanhee Chen discusses policy in the presidential elections.

In the News
Herbert Hoover (right) and Horace Albright (left) were friends and fishing companions long before Albright became director of the National Park Service in 1929. As an assistant to National Park Service director Stephen Mather during World War I, Albright
In the News

Herbert Hoover And The Great Outdoors

Wednesday, August 24, 2016

August 25th marks the one-hundred-year anniversary of America’s National Park Service, a federal bureau of the United States Department of the Interior dedicated to the preservation of America’s most beautiful parks and most significant national monuments. In the early years of the park service, one of the bureau’s biggest supporters was another transplanted westerner, Herbert Hoover, who moved from Iowa to Oregon at the age of eleven, and spent his childhood largely out of doors: hiking, horseback-riding, swimming, and—his particular favorite—fishing. 

News
US Flag
In the News

Former Top Military Advisor – Strategic Atrophy Plagues US

featuring General Jim Mattisvia Washington State University
Wednesday, August 24, 2016

Retired four-star general James Mattis, who once led the United States’ most high-profile military command, addressed a large audience at Washington State University on Tuesday with a word of warning: Turmoil in the Middle East is getting worse and it won’t improve soon.

In the News

'Dream Team’ Of Historians Proposed To Advise US President

quoting Niall Fergusonvia Oneida Daily Dispatch
Wednesday, August 24, 2016

Imagine a dream team of the nation’s top historians, recruited by the White House to advise the president on major decisions. That’s the idea being pitched by two Harvard University scholars who say many United States leaders know alarmingly little about history, both of their own country and of others.

In the News

Rose-Tinted Telescopes

quoting Joshua D. Rauhvia Breaking Views
Wednesday, August 24, 2016

The funding shortfall for U.S. states’ pension plans narrowed in 2014, but it’s only a temporary reprieve. State-run retirement plans reported a cumulative $934 billion gap between their assets and liabilities in the last fiscal year for which data for all 50 states are available, according to a report released on Wednesday by the Pew Charitable Trusts. 

In the News

Attempted Hack Of New York Times Might Fuel More Talk Of Russia Assisting Trump

quoting Michael McFaulvia Albuquerque Journal
Wednesday, August 24, 2016

Donald Trump insists he has “nothing to do with Russia” – but Russia’s recent moves sure make it look as if it is trying to do something for him.

Federal Reserve chair Janet Yellen.
In the News

Central Bankers Eye Public Spending To Plug $1 Trillion Investment Gap

quoting Kevin Warshvia Business Insider
Wednesday, August 24, 2016

While markets wait for Janet Yellen's latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the U.S. economy needs more public spending to shift into higher gear.

In the News

Beyond Trump

quoting Lanhee J. Chenvia NBC News
Thursday, August 25, 2016

Where will the Republican Party go after 2016?

In the News

Banks Eye Changes To CEO Gatherings

quoting Kevin Warshvia Politico
Thursday, August 25, 2016

When the Financial Services Forum holds its next meeting, a key item on the agenda may well be the fate of the organization representing CEOs of the nation's largest banks, insurers and asset managers.