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HOOVER INSTITUTION
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Commentary on the News
The Case For Violating The Debt Limit Is Dangerous Nonsense
President Biden is playing a dangerous game. When the federal government’s deficit spending is about to exceed the amount Congress has authorized it to borrow and the Treasury has run out of what…
via The New York Times
Core Institutional Priorities
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Hoover Institution Hosts Monetary Policy Conference Marking Thirty Years Of The Taylor Rule
The Hoover Institution hosted its thirteenth Monetary Policy Conference on Friday, May 12, gathering prominent scholars for discussions on how to get the economy back on track following a period of record inflation not experienced since the 1970s.
Monetary Tightening And U.S. Bank Fragility In 2023: Mark-To-Market Losses And Uninsured Depositor Runs?
We analyze U.S. banks’ asset exposure to a recent rise in the interest rates with implications for financial stability. The U.S. banking system’s market value of assets is $2 trillion lower than suggested by their book value of assets accounting for loan portfolios held to maturity. Marked-to-market bank assets have declined by an average of 10% across all the banks, with the bottom 5th percentile experiencing a decline of 20%.
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Featured Fellows
Michael McConnell
Senior Fellow
Peter Blair Henry
Class of 1984 Senior Fellow
Steven Koonin
Senior Fellow (adjunct)
Featured Work:
Great Bloomberg Interview: Now How To Get Back
In a Bloomberg TV interview today, Romaine Bostick @romainebostick and Scarlet Fu @scarletfu asked me great questions about the just-released inflation rate and the implications for Fed policy.
February 14, 2023
John B. Taylor
Featured Work:
The Case For Violating The Debt Limit Is Dangerous Nonsense
President Biden is playing a dangerous game. When the federal government’s deficit spending is about to exceed the amount Congress has authorized it to borrow and the Treasury has run out of what are known as extraordinary measures to stave off disaster, Congress and the president must negotiate a compromise resolution, or the nation faces the prospect of default.
May 14, 2023
Michael McConnell
Featured Work:
Turnaround: Third World Lessons for First World Growth
Thirty years ago, China seemed hopelessly mired in poverty, Mexico triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. Since then, these and other developing countries have turned themselves around, while First World nations, battered by crises, depend more than ever on sustained growth in emerging markets.
May 18, 2023
Peter Blair Henry
Featured Work:
Victor Davis Hanson: Making Sense Of Geopolitical Discord And Domestic Chaos
Hoover Institution fellow Victor Davis Hanson discusses the border and the US-Latin America diplomacy, the Left never paying a price, Daniel Penny’s indictment, the Biden Administration disaster, Ukraine’s counter-offensive, Greek-Turkish relations, and a cavalcade of movies celebrating Mother’s Day.
May 16, 2023
interview Victor Davis Hanson
Featured Work:
The Ukraine War Continues ‘With No End In Sight’: Kiron Skinner
Hoover Institution fellow Kiron Skinner discusses the reported attacks on Ukraine's capital, Kyiv, as well as the threat from China.
May 9, 2023
interview Kiron K. Skinner
Featured Work:
California And Reparations: Does Passing A Law Mean Passing The Buck To Voters To Decide?
To understand the job of governor of California is to appreciate the unexpected. In the Golden State, that includes acts of nature mostly beyond politicians’ preventive control (there’s no stopping an earthquake from happening, nor lightning from striking timber and sparking a wildfire).
May 18, 2023
Bill Whalen
FEATURED PUBLICATIONS
Strategika
An online journal that analyzes ongoing issues of national security in light of conflicts of the past.
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The Caravan
The Caravan is a quarterly publication on the contemporary dilemmas of the Greater Middle East
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California on Your Mind
Analysis, politics, and the economics of the Golden State
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Multimedia
Dropping Money From Helicopters: Economist John Cochrane On…
John Cochrane is the Rose-Marie and Jack Anderson Senior Fellow in Economics at the Hoover Institution and the author of a new book, The Fiscal Theory of the Price Level. In this wide-ranging conversation, Cochrane discusses the root causes of inflation, what we can (and can’t) do about it, the economists who influenced his thinking, and how his father inspired him to become an academic.
See MoreMore Videos & Podcasts
What Does It Mean To Fight A Just War?
Reports from the invasion of Ukraine strongly suggest that Russia and its leaders have committed war crimes against the Ukrainian people in defiance of international human rights standards.
The Historical Guide To Dealing With Putin’s Invasion Of Ukraine
Much like the Spanish Civil War, the invasion of Ukraine is a reminder that aggression is always lurking and must be deterred by forceful resistance.
Battlegrounds 50: Today’s Challenges And Prospects For International Cooperation
H.R. McMaster in conversation with Ambassador Mark Sedwill, Ambassador Mariangela Zappia, Ambassador Christoph Heusgen, and Ambassador Phillippe Etienne on Thursday, March 23, 2023.
Matters Of Policy & Politics: Campaign 2024: Waiting For Kohoutek, What’s Behind Door Number 3 | Bill Whalen, Dave Brady, and Doug Rivers | Hoover Institution
The health of the two parties’ as we head into the next presidential race.
Library & Archives
A World-Class Library & Archives
Founded by Herbert Hoover in 1919, the Hoover Institution Library & Archives is home to some of the world's most renowned collections documenting war, revolution, peace, and political, economic, and social change in the twentieth and twenty-first centuries.
Free and open to all, discover how to search the collections, arrange a research visit, or explore exhibitions by clicking below.
Exhibitions | Now On View
The exhibitions Bread + Medicine: Saving Lives in a Time of Famine (September 19, 2022–April 28, 2023) and Hoover@100: Ideas Defining A Century (ongoing) are open and free to all visitors to Hoover Tower, at the heart of Stanford University campus.
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Research Services
Planning an onsite visit to the reading room? Conducting your research from afar? Staff are ready to connect you with the most relevant materials through reference consultations, assisting with registration and material requests, digitization, and more.
Learn MoreThe Collections
Acquiring, preserving, and making accessible collections of enduring value, including more than one million library volumes and over six thousand archival collections.
Digital First Initiative
Our aim is to make full archival collections accessible to researchers around the world through the digitization of textual, graphical, sound, and moving-image materials.
Engagement & Outreach
Building connections to our collections by sparking curiosity in audiences interested in the meaning and role of history through exhibitions, classes, tours, and special programing.
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