In a book that George Shultz and I published this year, we explained why one must choose economic freedom, meaning basically the opposite of socialism. Economic freedom, or free-market capitalism, the term of art used in this important Human Prosperity Project, means a rule of law, predictable policies, reliance on markets, attention to incentives, and limitations on government.
Its virtual national convention concluded, what is the Republican Party’s vision—is it the party of Trump moving forward? Hoover Institution senior fellows Niall Ferguson and John Cochrane and Hoover research fellow Lanhee Chen (the policy director for Mitt Romney’s 2012 presidential campaign) discuss the potency and lasting effect of Trumpism, the rising influence of social media, and whether the televised spectacle of urban unrest and violence works to the incumbent’s benefit.
Communism is back in the news. That’s in part because the Trump administration has made a national priority of informing the public about the China challenge. Earlier this summer four senior officials -- National Security Adviser Robert O’Brien, FBI Director Christopher Wray, Attorney General William Barr, and Secretary of State Mike Pompeo -- gave a series of speeches highlighting the communist roots of China’s autocratic conduct and of its ambitions to reconfigure world order.
While it is true that bullish equity markets are out of step with the historic contraction in the real economy, to say that they are disconnected from it misses the point. In fact, the lofty valuations of companies with high intangible capital per employee make perfect sense in today's economy.
The 66th Secretary of State and The Denning Professor in Global Business and the Economy at Stanford University, Condoleeza Rice, joins Paul E. Peterson to discuss how school choice can help lower-income families get more of out the public education system, and how systemic change will be necessary to improve racial equality in America.
Each generation deals with its own manifestations of age-old mob frenzies, bullying and public shaming. Salem, Mass., had its witch trials in the 1690s. The 1950s endured its McCarthyism. And we now are enduring our “cancel culture.”
With seven weeks left until Election Day, now’s as good a time as any for fans of democracy to hit the panic button. Or so it would seem, judging by some of the doomsday prophecies making their way around the Internet.
The story of all Dark Ages is that when civilizations finally prefer suicide, they do it easily, and the remnants flock to the countryside to preserve what they can—allowing the cities go on with their ritual self-destruction.
What's the difference between invention and innovation? Could it be that innovation--the process of making a breakthrough invention available, affordable, and reliable--is actually the hard part? In this week's EconTalk episode, author Matt Ridley talks about his book How Innovation Works with EconTalk host Russ Roberts.
The destruction that vandals and looters in Wisconsin (and in Minnesota and a number of other states) have carried out in the last few weeks is horrendous. The destruction has largely been wreaked on innocent people. I found very moving the video of the guy, posted the day after the destruction began, whose family business in Kenosha was destroyed even though he had done nothing to deserve it.
Hoover Institution fellow Victor Davis Hanson grades the recent Republican Convention and President Trump’s acceptance speech; explains the motivations of thugs amok-running in American streets; the emerging political effects of the violence and Joe Biden’s response to it; profiles California’s emerging New Dark Ages; discusses the latest attempts by pro sports to kowtow to BLM; and remarks on author J. K. Rowling’s continuing public battle against the cancel culture.
Hoover Institution fellow Victor Davis Hanson compares the speeches delivered at Republican National Convention and the Democratic National Convention. Hanson later talks about how Democratic presidential candidate Joe Biden can no longer hide in his basement.
Hoover Institution fellow Raghuram Rajan discusses Federal Reserve policy and its implications for emerging markets. Fed Chair Jerome Powell unveiled a new approach to setting U.S. monetary policy, letting inflation and employment run higher in a shift that will likely keep interest rates low for years to come.
Election Day is just two months away. And while the presidential race between Donald Trump and Joe Biden — featuring California’s own Sen. Kamala Harris as the Democrats’ VP nominee — is the main attraction, voters have plenty of weighty issues to decide in November.
mentioning Scott W. Atlasvia Australian Broadcasting Corporation (ABC)
Friday, August 28, 2020
The US Centers for Disease Control and Prevention (CDC) has changed its COVID-19 testing advice, telling people who have been exposed to the virus but don't have symptoms they may not need to be tested.
