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In the News

A Careless Executive

quoting Lanhee J. Chenvia The Weekly Standard
Monday, February 15, 2016

In few cases in its long history has the Supreme Court had occasion to interpret Article II, Section 3 of the Constitution, which provides that the president “shall take care that the laws be faithfully executed." This year it may have another. We'll know by the end of the Court's term in June, just as the presidential race is heating up.

In the News

Week To Week Political Roundtable And 113th Birthday Of The Commonwealth Club

mentioning Carson Brunovia Commonwealth Club
Monday, February 8, 2016

As we start the fourth year of Week to Week, the Club's political roundtable. And we've got an even bigger milestone to note: The Club was founded in February 1903 here in San Francisco. Join us for a special members social (all attendees welcome) celebrating the Club's birthday prior to the program.


When Economists Ignore The Human Factor, We All Pay The Price

by Timothy Garton Ashvia The Guardian
Friday, February 5, 2016

Economics is not a hard science, and mathematical models won’t explain why people behave as they do. A much broader perspective is needed.


Clinton Vs. Sanders: Hillary Shows Weakness But Bernie Is No Barack Obama

by Bill Whalenvia Fox News
Friday, February 5, 2016

Imagine Hillary Clinton’s relief, come Wednesday morning, when she no longer has to grovel before New Hampshire’s famously prickly primary electorate.

In the News

Raising The Minimum Wage Won’t Reduce Inequality

quoting John H. Cochrane via New Republic
Friday, February 5, 2016

Walmart is giving more than one million of its employees a raise later this month as part of a plan that will lift all but its newest hires to at least $10 an hour. The move, first announced last year, follows an aggressive campaign to get the largest private employer in the U.S. to lift worker wages and coincides with a nationwide push to raise federal and state minimum wages and a prolonged period of little growth in pay.

In the News

Truly Anything Can Happen

quoting Niall Fergusonvia Times of Malta
Friday, February 5, 2016

[Subscription Required] In 2007, Niall Ferguson, a truly respectable British guru of financial history, had this to say on the film Mary Poppins: “Recent events on both sides of the Atlantic have made it not merely desirable but imperative that the world’s leading bankers ‘and their clients’ [my emphasis] watch this movie.”

In the News

Analysis – Fed’s ‘Accommodation’ Outrun By Tightening Credit

quoting Kevin Warshvia Euronews
Friday, February 5, 2016

Even as the Federal Reserve began raising interest rates in December its message was clear: it wanted to keep monetary conditions loose and felt the United States still needed accommodation to keep a modest recovery underway.

John O’Sullivan Discusses Robert Conquest’s Influence on Margaret Thatcher

A Tribute To Robert Conquest

via Hoover Institution
Friday, February 5, 2016

On Monday, January 25th, Hoover Institution fellows and affiliates joined to celebrate the life and career of Robert Conquest, a preeminent Cold War scholar who became an expert on the abuses of the Soviet regime under Stalin. Conquest, who died on August 3, 2015, spent 28 years as a Senior Research Fellow at the Hoover Institution, and was curator of the Russian and Commonwealth of Independent States Collection of Hoover Library & Archives between 1981 and 2007. A collection of his papers is held at Hoover Library & Archives.

In the News

Inside The NFL's First Women's Summit

quoting Condoleezza Ricevia Time
Thursday, February 4, 2016

One man turned to another as they walked into a Beaux-Arts ballroom on Thursday morning in San Francisco. “Are you scared?” he said, half-jokingly, amid the electric murmur of powerful women that surrounded them.

David R. Henderson
Analysis and Commentary

My First Speech At St. John's: How Economists Helped End The Draft

by David R. Hendersonvia EconLog
Thursday, February 4, 2016

I will also be giving a talk at St. John's on Wednesday night but I don't have the link for that yet.