Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Did the Fed Cause the Housing Bubble?

by David R. Henderson, Todd Zywicki with John B. Taylorvia Wall Street Journal
Friday, March 27, 2009

It's become conventional wisdom that Alan Greenspan's Federal Reserve was responsible for the housing crisis...

Analysis and Commentary

Little Brown Jug

by Peter M. Robinsonvia Forbes
Friday, March 27, 2009

Looking over the Internet this past week, I noticed that Christopher Buckley had expressed his disapproval of President Obama yet again, this time chiding the chief executive for his television appearance with Jay Leno...

In the News
In the News

US policies and the housing bubble

with Gary S. Beckervia Hindu Business Line (India)
Friday, March 27, 2009

It is a well established fact that the current ‘great recession’ was triggered by the US housing bubble that burst some 18 months ago...

In the News

Stimulate this

with John B. Taylorvia Globe and Mail (Canada)
Friday, March 27, 2009

Like Mickey Rourke in The Wrestler, the battered Keynesians have staged an astonishing comeback...

In the News

Why the Geithner Plan Will Fail

with John B. Taylorvia Counter Punch
Thursday, March 26, 2009

This week the Obama administration released the details of its plan to stimulate the flow of credit and reduce the cost of borrowing by subsidizing the purchase of mortgage and other debt-backed securities, the market for which has completely dried up since the onset of the crisis...

In the News

The Ugly—Part Two

by Victor Davis Hansonvia Works and Days
Thursday, March 26, 2009

After outlining some “bad” trends—the conservative abandonment of budgetary restraint, the new liberal-Wall-Street nexus, the rise of therapeutic excuse-making for substandard behavior—I now offer three “ugly” trends...

In the News

Mr Darwin goes to the bank

with Niall Fergusonvia Livemint.com
Thursday, March 26, 2009

It seems a bit ironic that on one hand we are celebrating the 200th birthday of Charles Darwin and the 150th anniversary of his book On the Origin of Species, while on the other, we are desperately trying to prevent his theory of “evolution by natural selection” from working in our current financial system...

In the News

World Finance Expert Charles Calomiris to Give Rogge Lecture

with Charles Calomirisvia Wabash College (IN)
Thursday, March 26, 2009

One of America’s leading authorities on world finances, Charles Calomiris, will present the 2009 Benjamin A. Rogge Memorial Lecture at Wabash College...

In the News

Gorbachev upbeat on U.S.-Russia ties after Obama visit

with George P. Shultzvia Reuters
Thursday, March 26, 2009

Former Soviet President Mikhail Gorbachev said on Thursday he was more optimistic about the prospect of improving U.S.-Russian relations after meeting U.S. President Barack Obama earlier this month...

In the News

Democrats eyeing new options in 10th Congressional District

with Bill Whalenvia Danville Weekly (CA)
Thursday, March 26, 2009

Speculation is rife regarding who will fill the seat of U.S. Rep. Ellen Tauscher (D., 10th District) since she recently accepted an offer from the Obama administration to serve in a post at the U.S. State Department...

In the News

Only fundamental changes will help schools improve

with Eric Hanushekvia San Jose Mercury News
Monday, March 16, 2009

The blame does not lie with an abundance of poor kids who don't speak English...