Hoover Daily Report
Featured
Featured

The Iranian Paradox Made More Complex By Erratic US Behavior

by Abbas Milanivia The Hill
Saturday, August 18, 2018

The Iranian regime is in turmoil and its sole salvation might well be a controlled confrontation with the United States. Giddy minds, Shakespeare tells us, are best kept busy with foreign wars.

Featured

Harriet Tubman On The $20 Bill Would Be Smart For The President, His Party And The Nation

by Elizabeth Cobbsvia The Hill
Sunday, August 19, 2018

Could a black, Republican, female military hero who once helped reunite our country do so again? The Trump administration has vacillated on whether or not to place Harriet Tubman on the new $20 bill, but confirming this choice would be smart for the president, his party, and the nation.

Featured

Is Ed Muskie Running In 2020? Say It Ain't So, Joe

by Bill Whalenvia Forbes
Monday, August 20, 2018

Joe Biden has been a busy man of late. The former vice president is meddling in this year’s elections – that includes handing out endorsements in presidential battleground states.

Featured

Russia, China, And The Future Of Democracy

interview with Toomas Hendrik Ilves, Nick Clegg, Anders Fogh Rasmussen, Felipe Calderónvia Uncommon Knowledge
Monday, August 20, 2018

Analyzing the future of democracy with former prime ministers and presidents. Featuring Nick Clegg, Felipe Calderón, Toomas Hendrik Ilves, and Anders Fogh Rasmussen

Analysis and Commentary
Analysis and Commentary

The Dangers In The Trump-Brennan Confrontation

by Jack Goldsmithvia Lawfare
Monday, August 20, 2018

President Trump’s revocation of former CIA Director John Brennan’s security clearance brings together in an unfortunate way two pathological trends in the Trump era, and highlights the conundrum of the former intelligence official who wishes to speak out against the president’s attacks on the Russia investigation and the intelligence community more generally.

Analysis and Commentary

Lilliana Mason On Uncivil Agreement

by Russell Robertsvia EconTalk
Monday, August 20, 2018

Political scientist Lilliana Mason of the University Maryland and author of Uncivil Agreement talks about the book with EconTalk host Russ Roberts. Mason argues that political partisanship has become stronger in America in recent years because it aligns with other forms of community and identity.

Analysis and Commentary

The Education Exchange: Boston Public Schools In Transition

by Paul E. Petersonvia The Education Exchange
Monday, August 20, 2018

The Boston Public Schools will be led by an interim superintendent this fall, since former superintendent Tommy Chang was asked by the mayor of Boston to step down last June. Steve Poftak talks with Paul E. Peterson about some of the challenges that have faced, and will continue to face, the school district, including debates over school start times, diversity levels at exam schools, whether the student assignment system is causing segregation, transportation costs, and what happens next for BPS.

Analysis and Commentary

Think On The Margin In Airport Lines

by David R. Hendersonvia EconLog
Monday, August 20, 2018

Earlier this month, I went to the Winnipeg airport to fly home. One sign of a good vacation, for me at least, is that I’m so relaxed at the end that I forget to check carefully what time my flight leaves. I did that this year. For some reason, I had etched in my mind the idea that my flight from Winnipeg to Denver left at 4:30 p.m. So I took one last somewhat leisurely visit with my friend and mentor, Clancy Smith. At about 2:10 p.m., I left his house to stop at a drug store to find chocolate bars that I have trouble finding in the United States. I dropped off my car at the Winnipeg airport and got to the United kiosk just shy of 2:55 p.m. Lots of time, I thought.

Interviews
Interviews

Former RBI Governor Raghuram Rajan On Emerging Markets During A Currency Crisis

interview with Raghuram Rajanvia CNBC
Wednesday, August 15, 2018

Hoover Institution fellow Raghuram Rajan discusses the Turkish currency crisis and what he sees for other emerging market economies.

In the News
In the News

Worker Representation On Boards Won’t Work Without Trust

quoting Edward Paul Lazearvia Harvard Business Review
Friday, August 17, 2018

U.S. Senator Elizabeth Warren has proposed a novel way to reform corporate governance. It would require companies with more than $1 billion in revenue to get a corporate charter from the federal government (rather than from an individual state), which in turn would require a commitment to a broad range of stakeholders, including not just shareholders but also employees and the communities in which the businesses operate. In addition, federally chartered companies would be required to let workers elect 40% of board members.

In the News

I Am Not Too Concerned About Rupee Hitting An All-Time Low: Raghuram Rajan

featuring Raghuram Rajanvia Money Control
Thursday, August 16, 2018

The rupee on Thursday hit a fresh record low of Rs 70.32/USD for the second consecutive day in row, but former RBI governor Raghuram Rajan, in an interaction with CNBC, said that he was not too concerned about the domestic currency as "it is more a factor of dollar strength rather than necessarily rupee weakness".

In the News

The Spiritual Awakening America Needs Isn't What You Think It Is

quoting Victor Davis Hansonvia The Daily Wire
Saturday, August 18, 2018

One of the most common questions we hear in response to the decline of our culture and to the conflict that has ensued from that erosion is “How can Americans change?” “How do we avoid the ‘veritable civil war’ that might be coming to our country?”

In the News

Some Of The Left’s Ideas Start Going Mainstream

quoting John H. Cochrane via Bloomberg
Friday, August 17, 2018

Things are shifting in the economic policy world. John Cochrane, an economist at the Hoover Institution and a staunch free-marketer, has been a leading critic of Obamacare and an advocate of a laissez-faire approach to health care.

In the News

Unintended Consequences: Why $15 An Hour In California And Seattle Reduces Employment For Low-Wage Workers

quoting Thomas Sowellvia Citizen Truth
Sunday, August 19, 2018

“The minimum wage law very clearly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled people receive as a result of legislation that makes it illegal to pay them what they are currently worth to an employer,” wrote Thomas Sowell, noted economist, social theorist, and Senior Fellow at Stanford’s Hoover Institution, in Basic Economics: A Citizen’s Guide to the Economy.

In the News

Martin Feldstein: The Bull Run Is Running Out Of Steam

quoting Martin Feldsteinvia Money Week
Friday, August 17, 2018

The bull run in the stock-market may soon come to an end, Martin Feldstein, the economist who chaired US president Ronald Reagan’s Council of Economic Advisers from 1982 to 1984, tells CNBC. “If it is not a bubble, it is very close” to one. Feldstein points out that “the S&P 500 price-earnings ratio is now more than 50% higher than it has been on average historically, so that’s way out of line and it makes the whole situation very fragile”.

In the News

Critics Warn That Well-Meaning Reforms May Be Lowering The Quality Of College

quoting Chester E. Finn Jr.via The Hechinger Report
Friday, August 17, 2018

At a time when parents, politicians and universities all want more students to go to college and graduate on time, the idea of letting them take college courses while in high school seems a great solution. Dual-credit or dual-enrollment programs let high school students earn college credit, get them used to college-level work, give them a head start toward degrees and save them money on courses they won’t need to pay for later.

In the News

Will Trump Be Impeached For Obamacare ‘Sabotage’?

quoting Jack Goldsmithvia The American Spectator
Thursday, August 16, 2018

Despite attempts by their leadership to tamp down pre-midterm impeachment talk, the Democrats are clearly anxious to remove President Trump from office if the voters are crazy enough to grant them a majority in the House this fall. The only question involves the pretext Pelosi, et al., will use to justify the coup. Their last impeachment resolution, introduced by Texas Rep. Al Green, didn’t list any actual crimes or misdemeanors and it’s unlikely that the Mueller investigation will produce enough evidence of wrongdoing to impeach a ham sandwich. So, what’s a Trump-deranged Democrat to do? Nail him for Obamacare sabotage, of course.

In the News

CNN's Tapper Fact Checks Ocasio-Cortez, Sanders. It Gets Ugly, Fast.

quoting Charles Blahousvia The Daily Wire
Friday, August 17, 2018

CNN's Jake Tapper fact-checked Democratic socialists Alexandria Ocasio-Cortez and Sen. Bernie Sanders (I-VT) during a segment that aired on Friday over their claims that a study funded by the Koch brothers showed that universal health care would save the U.S. government money.

In the News

The Default Line

quoting Raghuram Rajanvia The Tribune
Sunday, August 19, 2018
India could brave the global financial tsunami about a decade ago because of its resilient economy and the robustness of its financial institution. This was backed by most experts who had explained the meltdown of 2008. Finance ministry’s carefully calibrated policies and prudent functioning of Indian bankers under the watchful eyes of the banking sector regulator, the Reserve Bank of India, were credited for the financial stability.
In the News

Marine City Woman’s World War I Service Featured In Documentary

mentioning Elizabeth Cobbsvia The Voice
Friday, August 17, 2018

More than 7,000 women applied for the honor of serving their country as telephone operators with the U.S. Army Signal Corps. Only 450 were accepted. Among them was Marine City resident Oleda Ruth Joure Christides, who was one of the 223 women deployed to France during World War I as part of a unit that came to be known as the “Hello Girls.”