Hoover Daily Report
Analysis and Commentary
Privacy, Security, and the National Security Agency (NSA)
Analysis and Commentary

Thoughts on Edward Snowden’s Interview

by Benjamin Wittesvia Lawfare
Thursday, May 29, 2014

Let’s give Edward Snowden his due: He did himself a lot of good in his interview with NBC’s Brian Williams, which aired last night. He presents well, coming across as earnest, thoughtful and intelligent.

Federal Reserve
Analysis and Commentary

New Conference on Fed and Rules-Based Policy: A Preview

by John B. Taylorvia Economics One
Thursday, May 29, 2014

Today starts a two day conference at Stanford’s Hoover Institution on monetary policy. It’s part of the Fed Centennial. Here is the full agenda which includes talks and commentary by Esther George, Tom Sargent, Charles Plosser,  John Williams, Jeff Lacker, Ed Prescott, Allan Meltzer, Niall Ferguson, Maury Obstfeld, Barry Eichengreen, George Shultz, Monika Piazzesi,  Athanasios Orphanides, Otmar Issing, Martin Schneider and others.

Narendra Modi
Analysis and Commentary

Ronald Reagan Is Alive in India

by Allan H. Meltzervia Defining Ideas
Thursday, May 29, 2014

Republicans could learn a lot from the election of Narendra Modi.

Okhrana Records, Box 237, Hoover Institution Archives.
Analysis and Commentary

Proper Military Balance As A Hedge Against An Uncertain Future

by Andrew Robertsvia Strategika
Thursday, May 1, 2014

The only thing that is predictable in warfare is its unpredictability. As soon as experts, general staffs, and politicians decide what they believe will be the nature of the next war in order to prepare for it properly, an entirely different kind of conflict happens. The witness of history is so uniform in this regard that it needs to become a general law of warfare: The war we expect and plan for is never the one we’re called upon to fight.

Okhrana Records, Box 237, Hoover Institution Archives.
Analysis and Commentary

Be Prepared For Conventional War, Even If It’s Unconventional

by Frederick W. Kaganvia Strategika
Thursday, May 1, 2014

Kharkov. Dnepropetrovsk. Odessa. Mariupol. Sites of great armor battles seven decades ago, these cities are once again the front line of war. Tanks are massed but remain idle. Protesters, separatists, and “little green men” are the foot soldiers in the conflict between Russia and Ukraine. Snipers are the most effective weapons. Ukraine may fall to this “invasion” more easily than to an armored assault. Is this quasi-war the ultimate proof of the irrelevance of conventional forces today?

Okhrana Records, Box 237, Hoover Institution Archives.
Analysis and Commentary

The Continuing Relevance of Conventional Military Forces

by Peter R. Mansoorvia Strategika
Thursday, May 1, 2014

In his magisterial treatise On War, Prussian military philosopher Carl von Clausewitz wrote that war may have its own grammar, but not its own logic. By this he meant that wars are fought for political purposes, and although the means by which they are waged changes over time, the nature of war remains constant. History has witnessed a number of revolutions in military affairs, periods of time in which the grammar of war has changed significantly.

Jerusalem
Analysis and Commentary

Partial Unilateral Withdrawal: Israel's Next Step?

by Peter Berkowitzvia Real Clear Politics
Friday, May 30, 2014

What's the next step?

That's the question again on the minds of those who care about Israel, the Palestinians—and America’s interests in the Middle East—following the April collapse of Secretary of State John Kerry’s well-intentioned if quixotic attempt to reach a final status agreement between Israel and the Palestinians.

Interviews
an image
Interviews

John Taylor on Street Signs

interview with John B. Taylorvia CNBC
Thursday, May 29, 2014

Hoover senior fellow John Taylor discusses the economy on CNBC.

Economic Growth Concept
Interviews

John Taylor on The Hays Advantage

interview with John B. Taylorvia Bloomberg Radio
Thursday, May 29, 2014

Hoover senior fellow John Taylor discusses the Taylor Rule on Bloomberg Radio.

Economics Concept
Interviews

Michael Bordo and Tim Kane on The Hays Advantage

interview with Michael D. Bordo, Timothy Kanevia Bloomberg Radio
Thursday, May 29, 2014

Hoover distinguished visiting fellow Michael Bordo and Hoover research fellow Timothy Kane discuss the economy on Bloomberg Radio.

Blue Globe showing US
Interviews

George Shultz: In Search of Assertiveness and Common Ground

interview with George P. Shultzvia Stanford Daily
Thursday, May 29, 2014

This is a transcript of an interview with George Shultz, the U.S. Secretary of State under President Ronald Reagan. This interview is part of The Daily’s “Ideas of an International Order” series, running from April 27-30, 2014, which explores the potential for evolving and contrasting concepts of an international system in the 21st century, and what America can or should do in response.

California Capitol
Interviews

Bill Whalen on Opinion Journal

interview with Bill Whalenvia Wall Street Journal Live
Friday, May 30, 2014

Hoover research fellow Bill Whalen discusses the California primary on Wall Street Journal Live.

California Politics
Interviews

Lanhee Chen on the Hugh Hewitt Show

interview with Lanhee J. Chenvia Hugh Hewitt Show
Thursday, May 29, 2014

Hoover research fellow Lanhee Chen discusses the California primary on the Hugh Hewitt Show.

In the News
Federal Reserve
In the News

Fed Ignores Policy Rules at Own Peril, Paper Finds

with John B. Taylor, Hoover Institutionvia Real Time Economics (Wall Street Journal)
Thursday, May 29, 2014

The U.S. economy fares best when the Federal Reserve adheres most closely to traditional policy rules, according to new research that suggests the recent period of unusually low interest rates may be doing more harm than good.

Federal Reserve
In the News

Fed Officials Discuss IOER, Communication, Mon Rules-2

mentioning John B. Taylor, Allan H. Meltzervia Market News International
Friday, May 30, 2014

MENLO PARK, CALIF. (MNI) - Former Richmond Fed director of research Marvin Goodfriend also calls for a new Fed-Treasury accord, limiting the Fed to a "Treasuries-only" portfolio and limiting broader Fed lending that he says verges on fiscal policy.

Secretary of Commerce, Herbert Hoover broadcasts a plea to the nation
In the News

The Greatest Ex

with George H. Nash, Herbert Hoovervia The Weekly Standard
Tuesday, June 3, 2014

I was raised in a Hoover household. By the time I came along in 1944, Herbert Hoover had already begun to reclaim the respect of many Americans, despite the vilification he had suffered at the hands of the New Deal propaganda machine.

Saudi Arabia Flag
In the News

Saudi Peace Initiative Takes Back Seat to Iran

mentioning Joshua Teitelbaumvia Al-Monitor
Friday, May 30, 2014

Due to their sensitivity, Saudi contacts with Israel have historically been conducted behind closed doors. When they become public knowledge, they are bound to generate sensational stories in the kingdom. In the past, such contacts used to be denounced by almost all Saudis, but not anymore.