Hoover Daily Report
Featured
Featured

The Good Times Can Roll On

by Edward Prescott, Lee Ohanianvia The Wall Street Journal
Thursday, August 23, 2018

[Subscription required] Some Keynesian economists argue that the U.S. economy’s recent uptick is only a “sugar high.” They predict that the slow-growth conditions of the Obama years will soon return. But this pessimistic view is misguided. Better economic policies are the primary reason the economy has improved since 2016. If pro-growth policies remain in place, the economy’s strong performance will likely continue.

Featured

Did Germany Win The 100-Year War?

by Victor Davis Hansonvia Defining Ideas
Thursday, August 23, 2018

The country has gradually reassumed its historic continental influence.

Featured

A Nuclear Option For Vladimir Putin

by Paul R. Gregoryvia The Washington Times
Thursday, August 23, 2018

Back in April 2017, I wrote that “our politics has given (Vladimir) Putin the weapon to create a constitutional crisis.” At that time, pressure for a special counsel to investigate “collusion” between the Trump campaign and the Kremlin was reaching a fever pitch. President Trump’s media critics and opponents on both sides of the aisle would be gratified a month later by the appointment of Robert Mueller as special counsel.

Featured

Here’s One Wise Man Who California’S Next Governor Should Listen To

by Bill Whalen featuring George P. Shultzvia Sacramento Bee
Thursday, August 23, 2018

Taking a page from Mark Twain, who supposedly espoused “making your vocation your vacation,’ I had a holiday of sorts this week: Interviewing former Secretary of State George Shultz for a podcast at a Hoover Institution policy boot camp for college students.

Featured

New Exhibition At The Hoover Institution Resurfaces A Forgotten Tabloid From The Vietnam War

featuring Hoover Institutionvia Stanford News
Thursday, August 23, 2018

A new exhibition at the Hoover Institution highlights Overseas Weekly, a civilian-run, women-led newspaper for American GIs abroad that defied top military brass and defended freedom of the press during the Korean and Vietnam wars.

Analysis and Commentary
Analysis and Commentary

The Libertarian: What Cohen Means For Trump

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 23, 2018
Understanding the legal implications of Michael Cohen's guilty plea.
Analysis and Commentary

Modigliani-Miller Theorem Repealed, Reports PBS

by John H. Cochrane via Grumpy Economist
Thursday, August 23, 2018

This week marked the longest period of uninterrupted gains in the stock market in U.S. history. One of the reasons: the increase in stock buybacks — companies purchasing their own shares.

Analysis and Commentary

The Wars On Our Domestic Woes

by David Davenportvia Townhall
Thursday, August 23, 2018

Perhaps you missed the memo from the President’s Council of Economic Advisers. The War on Poverty, declared by President Lyndon Johnson in 1964, is largely over, they say, and we won. Amazing, since a lot of people obviously still live in poverty.

Analysis and Commentary

Decrypting The Compelled Decryption Fight Over Facebook Messenger

by John Villasenorvia Forbes
Wednesday, August 22, 2018

On August 17, Reuters reported that in a court case proceeding under seal in California, the “U.S. government is trying to force Facebook Inc to break the encryption in its popular Messenger app so law enforcement may listen to a suspect’s voice conversations in a criminal probe.” This immediately calls to mind the 2016 court battle between the government and Apple over access to data on the iPhone used by one of the San Bernardino attackers.

Analysis and Commentary

Russia’s Got The Gas And Is Ready To Set Fire To Our System Of Democracy

by Markos Kounalakisvia Miami Herald
Thursday, August 23, 2018

Every morning I wake up to the smell of fresh brewed coffee from my Moscow-manufactured coffeemaker and commute in my Russian car while making hands-free calls on my latest Siberian smartphone.

Analysis and Commentary

To Be An American In The 21st Century

by Ro Khannavia Eureka
Thursday, August 23, 2018

The question of what it means to be American has been debated since the founding of our republic, and we are at another moment when the question has taken on a new urgency.

Analysis and Commentary

Sobering Social Security Statistics

by David R. Hendersonvia EconLog
Friday, August 24, 2018

Despite these intensifying annual warnings, lawmakers have not acted. One reason they have not is the presence of an accounting phenomenon known as the Social Security trust funds. The assets held by these combined trust funds appear massive ($2.9 trillion in the latest report) while the projected date of their depletion seems to be distant (2034). 

Analysis and Commentary

A Partial Appreciation Of Ayn Rand

by David R. Hendersonvia EconLog
Friday, August 24, 2018
I’ve read a lot of criticisms of Ayn Rand’s personality and I’ve written some of them myself. I’m not taking any of them back: I think my criticisms and many others are well-founded.
Interviews
Interviews

Victor Davis Hanson On The John Batchelor Show

interview with Victor Davis Hansonvia The John Batchelor Show
Thursday, August 23, 2018

Hoover Institution fellow Victor Davis Hanson discusses his National Review article "The Origins of Our Second Civil War."

Interviews

Raghuram Rajan Sees Emerging Markets As A Global Risk

interview with Raghuram Rajanvia Bloomberg
Thursday, August 23, 2018

Hoover Institution fellow Raghuram Rajan discusses the economic risks facing the global economy.

Interviews

Bruce Thornton On The John Batchelor Show

interview with Bruce Thorntonvia The John Batchelor Show
Thursday, August 23, 2018

Hoover Institution fellow Bruce Thornton discusses his FrontPage Magazine article "Junk Science and Leftist Folklore Have Set California Ablaze."

Interviews

Henry Miller On The John Batchelor Show

by John Batchelor interview with Henry I. Millervia The John Batchelor Show
Thursday, August 23, 2018

Hoover Institution fellow Henry Miller discusses his Wall Street Journal article "The Organic Industry Is Lying to You."

In the News
In the News

China, Middle Class Support Prolong Junta Power: Academics

quoting Larry Diamondvia Khaosod English
Thursday, August 23, 2018

China’s growing influence in Thailand, middle class support for the junta, a royalist ideology and the West’s declining interest in human rights abroad have led to the ruling junta’s long stay in power, a group of academics said Thursday.

In the News

Quote Of The Day: Personal Responsibility

quoting Thomas Sowellvia Ricochet
Thursday, August 23, 2018

Some Dr. Thomas Sowell food today: To believe in personal responsibility would be to destroy the whole special role of the anointed, whose vision casts them in the role of rescuers of people treated unfairly by ‘society.’