A fiscal flood of biblical proportions — $1.3 trillion — is descending upon state and local governments via four pieces of congressional legislation enacted in the name of COVID relief. No less than $738 billion is scheduled to be spent in the current fiscal year. The Biden administration and congressional progressives are promising trillions more. The vast transfer of funds to lower tiers of government threatens the U. S. federal system as we know it.
How much does climate change* actually affect GDP? How much will currently-envisioned climate policies reduce that damage, and thereby raise GDP? As we prepare to spend trillions and trillions of dollars on climate change, this certainly seems like the important question that economists should have good answers for.
Hoover Institution fellow Niall Ferguson talks about the nature of catastrophe and disaster; why we should perhaps stop worrying about Covid and start worrying about the surveillance state; plus bitcoin, inflation, and World War 3.
Explore research by Hoover Student Fellow SharonDu about the depictions of women in the early Chinese Communist Party regime using the collections from the Library & Archives.
Hoover Institution fellow Victor Davis Hanson talks about California politics, gifts to big ten, bigly endowed universities, and the disconnect between feminism and transgendered athletes.
