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…
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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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An online journal that analyzes ongoing issues of national security in light of conflicts of the past.
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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.
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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.
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