Hoover Daily Report
Featured
Featured

Thomas Sowell On The Myths Of Economic Inequality

interview with Thomas Sowellvia Uncommon Knowledge
Monday, December 3, 2018

What are the myths of economic inequality, and why is socialism often posed as the solution?

Featured

Victor Davis Hanson On Contemporary American Society

Friday, November 30, 2018
Hoover Institution, Stanford University

Traditional values, whether manifested in public policy or contemporary culture, are besieged in today’s America but can still be found in the right places, says Victor Davis Hanson.

News
Featured

The G-20 Dines A Lot, But It Doesn’t Make Progress

by Niall Fergusonvia The Boston Globe
Monday, December 3, 2018

At the Congress of Vienna in 1815, the delegates danced almost as much as they negotiated. As the Prince de Ligne put it: “The Congress dances a lot, but it doesn’t make progress.” The dancing was a distraction. What mattered was that the monarchs of Europe — or, to be precise, their ministers — established a new order in Europe. After the upheavals of the French Revolution and Napoleon’s short-lived and unruly empire, five great powers combined to limit the threats posed to monarchy and aristocracy by liberalism and nationalism.

Featured

‘The Curse Of Bigness’ Review: Revisiting The Gilded Age

by Richard A. Epsteinvia The Wall Street Journal
Sunday, December 2, 2018

Are Google, Facebook, Apple and Amazon akin to the dominant “trusts” of the late 19th century—and thus deserving of antitrust action? Richard A. Epstein reviews “The Curse of Bigness” by Tim Wu.

Featured

Governance In An Emerging New World: Latin America

Monday, December 3, 2018
Hauck Auditorium, Hoover Institution, Stanford University

Foreign policy starts in the neighborhood. Mexico, Central America, and South America are at the tail-end of decades of rapid workforce growth, a period during which migration was central to their relationships with the United States. The panel will address how a tighter labor supply, alongside new means of production, will affect the economic development of our southern neighbors. It will also consider whether the public transparency offered by new forms of communications can improve governance, and with it, growth.

The Hoover Institution will host a public panel discussion "Latin America In An Emerging World" on Monday, December 3, 2018 from 3:30pm - 5:00pm PST. The event will also be Livestreamed and can be viewed here.

Event
Analysis and Commentary
Analysis and Commentary

Does ‘Make X Great Again’ Ever Happen In History?

by Victor Davis Hansonvia American Greatness
Sunday, December 2, 2018

The short answer: Sometimes. Here’s one example. By 527 A.D., the Eastern Roman Empire at Constantinople seemed fated to collapse like the West had a near century prior. The Persian Sassanids were gobbling up Byzantine lands in the east. Almost all of old Rome west of Greece had already been lost.

Analysis and Commentary

The United States Should Choose Conciliation With China, Not Confrontation

by Elizabeth Cobbsvia The Washington Post
Saturday, December 1, 2018

Rather than threats, the U.S. should celebrate China’s rise and use international bodies like the WTO to correct its misdeeds.

Analysis and Commentary

Financing Innovation

by John H. Cochrane via Grumpy Economist
Monday, December 3, 2018

I went to the Financing of Innovation summit at Stanford GSB last Thursday. Amit Seru presented "Measuring Technological Innovation over the Long Run", joint work with Bryan Kelly, Dimitris Papanikolaou, and Matt Taddy. They ran text analysis of patents, and judge similarity by whether patents use many of the same words. They define an innovative patent as one that doesn't use many of the same words as its predecessors, but many of the same words as its followers.

Analysis and Commentary

Remembering Two Education Reformers

by Chester E. Finn Jr.via EducationNext
Sunday, December 2, 2018

American education lost two great leaders last week with the passing of George H.W. Bush and Harold O. Levy. It’s likely they never even met, as they came from different worlds and moved through the education solar system on different orbits. They belonged to different political parties and hailed from different generations. Yet their contributions to the betterment of K-12 education in the United States were both large and in interesting ways parallel.

Analysis and Commentary

Maeve Cohen On Rethinking Economics

by Russell Robertsvia EconTalk
Monday, December 3, 2018

Maeve Cohen, Co-director of Rethinking Economics, talks with EconTalk host Russ Roberts about her organization and its efforts to change economics education. Cohen, who co-founded the Post-Crash Economics Society, argues for a more human-centered approach to economics that would be less confident in its policy prescriptions and more honest about the significance of its underlying assumptions.

Analysis and Commentary

Opinions Change

by John H. Cochrane mentioning David Brady, Morris P. Fiorinavia Grumpy Economist
Friday, November 30, 2018

My Hoover colleagues David Brady and Mo Fiorina gave a recent talk updating some of their work on polling American political opinions. I found this one particularly interesting. Notice how after President Obama's first win in 2008, the fraction of Democrats reporting that the economy is getting better jumped from 10% to 50%. The Republican fraction declined, though not as much. When Trump was elected in 2016, the Republican opinion jumped from 15% to 80%, and Democrats fell from 60% to 25%.

Analysis and Commentary

The Amazing Madoff Clawback

by Tunku Varadarajanvia The Wall Street Journal
Friday, November 30, 2018

How two lawyers, Irving Picard and David Sheehan, have recovered 75 cents on the dollar of the stolen money—many times the usual rate in such cases.

Interviews
Interviews

Peter Berkowitz: Identity Politics Is A Threat To Society. Is There Anything We Can Do About It At This Point? (17:15)

interview with Peter Berkowitzvia The Heritage Foundation
Thursday, December 27, 2018
Hoover Institution fellow Peter Berkowitz discusses identity politics and what can be done.
Interviews

Ex-Ambassador Michael McFaul Finds 'Continuity' In Obama And Trump's Russia Policies

interview with Michael McFaulvia The Hill
Friday, November 30, 2018
Hoover Institution fellow Michael McFaul says that there is "a lot of continuity" between the Obama and Trump administrations on their policies toward Moscow. McFaul notes that Trump administration, as a whole, has a pretty sound policy towards Russia.
Interviews

Bill Whalen: Ep. 426: California Dreaming

interview with Bill Whalenvia Ricochet
Friday, November 30, 2018
Hoover Institution fellow Bill Whalen discusses the puzzling and disturbing disappearance of a seemingly once very prevalent species: the California Republican.
Interviews

Elizabeth Economy: How Trump’s Unconventional Diplomacy Will Affect The G-20

by Elizabeth Economyvia PBS News Hour
Thursday, November 29, 2018

Hoover Institution fellow Elizabeth Economy discusses the two-day G-20 summit where China, trade, and Saudi Arabia will be in the spotlight.

Interviews

CLM Insights: Interview With Elizabeth Economy

by Elizabeth Economyvia China Leadership Monitor
Saturday, December 1, 2018

Hoover Institution fellow Elizabeth Economy discusses her latest book, China’s Third Revolution: Xi Jinping and the New Chinese State.

In the News
In the News

Report Highlights Growing Funding, Scope Of China's Overseas Influence Tactics

featuring Larry Diamond, Hoover Institutionvia Radio Free Asia
Friday, November 30, 2018

A group of top international scholars has called on the U.S. government to put measures in place to counter and limit growing Chinese interference in American government and society. "In light of growing evidence of China’s interference in various sectors of American government and society, we propose three broad principles that should serve as the basis for protecting the integrity of American institutions [and] core American values, norms, and laws," a report authored by dozens of scholars under the aegis of the Hoover Institution said.

In the News

Class Size Mythologies Debunked

quoting Eric Hanushekvia Daily Breeze
Saturday, December 1, 2018
Under the leadership of its combative President Alex Caputo-Pearl, the United Teachers of Los Angeles is planning to strike, very possibly in January. The union has a laundry list of demands, some of which the Los Angeles Unified School District has agreed to, in part. But unlike the union, LAUSD is constrained by fiscal realities, and has county and state auditors waiting to pounce if it missteps.
In the News

Tanner Lectures On Human Values: Michael McConnell, Stanford Law School

quoting Michael McConnellvia Princeton University
Wednesday, November 28, 2018
The Tanner Lectures on Human Values are presented annually at a select list of universities around the world. The University Center For Human Values serves as host to these lectures at Princeton, in which an eminent scholar from philosophy, religion, the humanities, sciences, creative arts or learned professions, or a person eminent in political or social life, is invited to present a series of lectures reflecting upon scholarly and scientific learning relating to “the entire range of values pertinent to the human condition." Professor McConnell’s lectures will address executive power and its limits under the U.S. Constitution.
In the News

America Faces A Crossroads After George H.W. Bush's Death

quoting Condoleezza Ricevia CNN
Saturday, December 1, 2018

The juxtaposition highlighted the acute loss of the last World War II veteran to occupy the White House, along with the decency and service Bush embodied. It is fitting that news sites' homepages Saturday morning were bracketed by Bush's death and the G20 summit in Argentina. They are, in fact, bookends.

In the News

What’s Behind The Wall Street Journal Management Top 250

with Amit Seru via The Wall Street Journal
Friday, November 30, 2018

Of the five dimensions of a company’s performance that make up our Drucker Institute rankings, innovation has stood out from the beginning as the toughest for us to capture. Not that sizing up the other four areas—customer satisfaction, employee engagement and development, social responsibility and financial strength—is child’s play.

In the News

Global Growth Cools, Leaving Scars Of ’08 Unhealed

quoting Steven J. Davisvia The New York Times
Saturday, December 1, 2018

Only a few months ago, the world’s fortunes appeared increasingly robust. For the first time since the wealth-destroying agony of the global financial crisis, every major economy was growing in unison. So much for all that.

In the News

China Is Using 'Economic Espionage' And 'Theft' To Grab Us Technology

quoting Larry Diamond, Hoover Institutionvia Fox News
Thursday, November 29, 2018
A new report issued by several prominent experts on Chinese and American foreign policy claims that China is using a range of methods to misappropriate U.S. technology. The 200-page report, entitled “Chinese Influence & American Interests: Promoting Constructive Vigilance,” warns that American intellectual property is at risk.
In the News

The Plague Of Identity Politics, Part Two

featuring Peter Berkowitzvia Powerline
Thursday, November 29, 2018
I wrote here about an event, hosted jointly by the Heritage Foundation and the Hoover Institution, called: “Identity Politics Is a Threat to Society: Is There Anything We Can Do About It At This Point?” The panel consisted of my friends John Fonte and Peter Berkowitz; my hero Heather Mac Donald; our long-time blog adversary Andrew Sullivan; and Michael Lind, who questioned whether identity politics is a serious new threat.
In the News

The Dilemmas Of Competing With Xi Jinping’s China

quoting Elizabeth Economyvia War on the Rocks
Thursday, November 29, 2018
Last year in October, President Xi Jinping strutted to the podium at the Chinese Communist Party’s 19th Party Congress to read his work report. For more than three hours, Xi forced his colleagues to sit and listen in one of the most ostentatious displays of that infamous Chinese phrase, “you listen, I speak,” to which anyone has ever been subjected. More than any other event of the last six years, the 19th Party Congress pressed home Xi’s influence on the Chinese party-state. His ideas were incorporated into the constitution. No obvious successor emerged, suggesting Xi would hold the reins of power indefinitely.
In the News

The Second Class Second Amendment?

quoting John Yoovia Patriot Post
Friday, November 30, 2018
It's past time for the Supreme Court to stop side-stepping any and all questions about gun rights.
In the News

U.S. Needs New Arctic Icebreakers. Will Trump's Border Wall Get In The Way?

quoting Alice Hillvia WXXV 25
Monday, December 3, 2018
As the ice disappears, the Arctic is increasingly busy. More ship traffic is pouring into northern shipping routes that are now open for longer periods at the same time that demand for oil and gas is rising. The dissolving ice has become less predictable, raising the risk of ships running aground and spilling oil or stranding cargo, crew and cruise passengers. There are also worries about illegal fishing and smuggling.