with Steven J. Davisvia Committee on Financial Services, U.S. House of Representatives
Thursday, July 23, 2020
Hoover Institution fellow Steven Davis testifies before the House Financial Services Committee on “The Heroes Act: Providing for a Strong Economic Recovery from COVID-19." Davis's testimony is here.
Essays on Japanese migration to the United States from an international and historical perspective, considering impacts from social and political events on both sides of the Pacific
This note presents a preliminary approach to the design of an across-the-curve credit spread index (AXI). The index is a measure of the recent average cost of wholesale unsecured debt fund- ing for publicly listed U.S. bank holding companies and their commercial banking subsidiaries.
by David Altig, Scott R. Baker, Jose Maria Barrero, Nicholas Bloom, Phil Bunn, Scarlet Chen, Steven J. Davis, Julia Leather, Brent Meyer, Emil Mihaylov, Paul Mizen, Nicholas Parker, Thomas Renault, Pawel Smietanka, Greg Thwaitesvia VoxEu.org (Centre for Economic Policy Research)
Friday, July 24, 2020
Measures of economic uncertainty derived from statistical models are not well suited to quickly capture shifts associated with sudden, surprise developments like the COVID-19 crisis, thus necessitating forward-looking measures. This column considers several such forward-looking indicators of economic uncertainty for the US and UK before and during the COVID-19 pandemic.
California’s been through its fair share of challenges in recent times, but nothing quite like the present pandemic crisis, the containment of which entered a critical stage in mid- to late-July as state and local officials turned to new restrictions to slow the spread of the COVID-19 virus across the Golden State.
Change is coming to California following the double whammy of a pandemic eruption and police reform protests. Responses to the extraordinary dual events will initially flow into California’s current cultural and political liberal tide—a move toward more government involvement in our lives and more spending.
All-star authoritarians are a ruble a dozen in Russia these days. Vladimir Putin leads the pack, of course, but there are plenty of local and regional tough guys running their neighborhoods and governments like mob bosses. Many of them are direct offshoots of Putin’s United Russia party, some are even worse.
I just finished watching an excellent 45-minute discussion led by my Hoover colleague Scott Atlas. The two participants he questioned were Hoover colleagues Russ Roberts and Ayaan Hirsi Ali.
Hoover Institution fellow Scott Atlas discusses COVID-19 and what we now know about the virus. Based on what we know Dr. Atlas says schools need to open and the lock-downs need to end.
The Hoover Institution fellows Ayaan Hirsi Ali and Russ Roberts discuss why freedom, education, our Bill of Rights, and capitalism are important to the success and growth of individuals, communities, and countries.
Hoover Institution fellow Condoleezza Rice interviews Fei-Fei Li, who co-leads Stanford’s Institute for Human-Centered Artificial Intelligence, about the future of AI in an event co-sponsored by HAI and Hoover.
Hoover Institution fellow John Yoo discusses the St. Louis couple's handguns and why they are even being prosecuted when they have a right to defend themselves under the Castle Doctrine.
I first encountered Michael Shellenberger’s work in 2007 as a freshman in college. Back then, Shellenberger identified as a progressive and, together with my now-colleague Ted Nordhaus, had co-authored The Death of Environmentalism and co-founded the Breakthrough Institute, the ecomodernist think tank where I am now deputy director.
As the US presidential election draws near, the conflict between America and China will escalate, impairing global trade which is "extremely important" for emerging markets like India and Brazil that are re-opening amid COVID-19 pandemic, former RBI governor Raghuram Rajan has said.
At the dawn of the 20th century, Nebraskans put up political mavericks like George Norris and William Jennings Bryan. Recently, Nebraskans sent Democrats Jim Exon, Bob Kerrey and Ben Nelson to the Governor’s Mansion and then the U.S. Senate. Like everything, political landscapes change. Today, Nebraska is predominately Republican. In the future, partisanship will shift from right to left, to moderates versus extremists.
Experts disagreed on whether another round of stimulus should extend the highly controversial expanded jobless benefits, according to testimony provided before the U.S. House Committee on Financial Services on Thursday (July 23).