Hoover Daily Report
Featured Commentary
Featured Commentary

"Saving" the Housing Market

by Thomas Sowellvia Creators Syndicate
Tuesday, January 4, 2011

Rescuing particular people at the expense of other people— whether the others are taxpayers, savers or prospective home buyers— produces votes. It also produces dependency on government, which is good for politicians, but bad for society...

Featured Commentary

Mascot Politics

by Thomas Sowellwith Victor Davis Hansonvia Creators Syndicate
Tuesday, January 4, 2011

...[E]lites are able to indulge themselves in non-judgmental permissiveness toward those selected as mascots, while cracking down with heavy-handed, nanny-state control on others...

Featured Commentary

Is Saudi Arabia Opening Up?

by Daniel Pipesvia National Review Online
Tuesday, January 4, 2011

The fight between Islamic reformers and hardliners deserves our full attention...

Blogs
Blogs

End the Fed?

by Alvin Rabushkavia Thoughtful Ideas
Tuesday, January 4, 2011

[Ron] Paul’s interrogation of fed chairman Bernanke will make for interesting theater but likely have little practical effect on the fed’s conduct of monetary policy. A more important trend that is slowly developing could render the fed a second-team player over the next few decades...

Blogs

Health Care: Costs, Spending, and Choices

by David R. Hendersonvia EconLog
Monday, January 3, 2011

This is from the abstract of "How Well Are Social Security Recipients Protected from Inflation?"...The title plus a quick reading of the abstract will cause many readers to conclude that Social Security benefits, inflation-adjusted, are declining. But that's probably false...

Blogs

Imperfect, but true

by Russell Robertsvia Cafe Hayek
Monday, January 3, 2011

A few years ago, a journalist I respected asked me if NAFTA had been good for the United States, on net. I told him the question could not be answered empirically...

Blogs

Robin Hanson on the technological singularity

by Russell Robertsvia Cafe Hayek
Monday, January 3, 2011

This week’s EconTalk is Robin Hanson talking about the technological singularity–the possibility that a new era of technological improvement is around the corner that will make the current level of growth look primitive...

Blogs

New Revealing Study of FOMC References to the Fed's Mandate

by John B. Taylorvia Economics One
Monday, January 3, 2011

Dan Thornton of the Federal Reserve Bank of St. Louis just completed a very revealing paper called What Does the Change in the FOMC’s Statement of Objectives Mean? in which he traces FOMC references to the Fed’s mandate over many years...

Blogs

Meet the New Boss

by Bill Whalenvia Bill Whalen: Politi-Cal
Monday, January 3, 2011

Getting ready to watch Jerry Brown take the oath of office — a third time, and a second first term — as California’s 39th governor...OK, on with the show — and some observations as Brown makes history as a two-time governor...

Other Media
Other Media

Brown sworn in as governor; budget cuts loom

with Bill Whalenvia San Jose Mercury News
Monday, January 3, 2011
Interviews
Interviews

Basic Economics Revisited with Thomas Sowell: Chapter 2 of 5

by Peter M. Robinsonwith Thomas Sowellvia Uncommon Knowledge
Tuesday, January 4, 2011

Thomas Sowell rates the Bernanke Fed’s ongoing policy of quantitative ease...

Interviews

First Baby Boomers Turn 65

with Shelby Steelevia Tell Me More (NPR)
Monday, January 3, 2011

To find out what this milestone means to members of this group, host Michel Martin speaks with Kathy Casey-Kirschling, the country’s first Boomer born one second after midnight on January 1, 1946 and Shelby Steele, who was born later that same day...