Videos
The Promises And Risks Of Digital Finance
How can we reap the benefits of financial innovation while ensuring a sound, trustworthy financial system? Steven Davis asks IMF head Kristalina Georgieva at Jackson Hole.
September 16, 2026
This week on Uncommon Knowledge, Hoover fellow and author Thomas Sowell discusses his essay “‘Trickle Down Theory’ and ‘Tax Cuts for the Rich.’” (39:52)
“Now anyone who studied history knows that for the first 150 years of this country the federal government did not intervene when the economy turned down. And all that time the downturns all corrected themselves; one of the most classic examples was under Warren G. Harding when, during his first year in office, he found the unemployment rate at 11.7 percent. He did absolutely nothing; he did not spend more government money, he cut back on spending. The Federal Reserve had the interest rates up at 6 or 7 percent, not down at 1 percent, where they are now. The next year unemployment was at 6.7 percent; the year after that it was 2.4 percent. So the economy has recuperative powers. I mean employers have an incentive to hire people. Workers have an incentive to get jobs. Lenders have incentives to lend.”
Videos
How can we reap the benefits of financial innovation while ensuring a sound, trustworthy financial system? Steven Davis asks IMF head Kristalina Georgieva at Jackson Hole.
September 16, 2026
Congressional Testimony
(23:52) Hoover Institution fellow Dr. Brian Miller testifies in front of the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Antitrust in a hearing titled "Examining Healthcare Markets: Fraud and Competition."
September 14, 2026
VIDEO
Artificial intelligence could become one of the most consequential drivers of productivity and economic growth in a generation. Yet concerns about job displacement, misinformation, and political disruption have prompted calls to regulate the technology before its effects are fully understood. History shows that major innovations disrupt existing industries while creating new forms of work and enterprise that policymakers rarely anticipate. Premature regulation risks entrenching established firms, limiting competition, and expanding government influence over information. The challenge is to address genuine harms while preserving the freedom and experimentation that allow innovation to advance.