Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

When The Law Is A Drag

by Victor Davis Hansonvia Works and Days
Sunday, November 30, 2014

In the Ferguson disaster, the law was the greatest casualty. Civilization cannot long work if youths strong-arm shop owners and take what they want. Or walk down the middle of highways high on illicit drugs. Or attack police officers and seek to grab their weapons.

Analysis and Commentary

An Inconvenient Law

by Victor Davis Hansonvia Tribune Media Services
Wednesday, November 26, 2014

There is a humane, transparent, truthful -- and constitutional -- way to address illegal immigration. Unfortunately, President Obama's unilateral plan to exempt millions of residents from federal immigration law is none of those things.

Analysis and Commentary

Book Review: In a Fragmented Age, Spotlighting the Core of What Unites Us

by Peter Berkowitzvia Real Clear Markets
Sunday, November 30, 2014

It is a commonplace belief that contemporary life's dizzying pace of change and its rapid multiplication of choices have fragmented American culture. The conflict between religion and secularism is only the most longstanding and obvious division.

Analysis and Commentary

Bruce Fein’s Revealing Defense Of Senator Paul’s Draft Declaration of War

by Jack Goldsmithvia Lawfare
Friday, November 28, 2014

Earlier this week I analyzed Senator Paul’s proposed war declaration.  Bruce Fein has a spirited defense of Senator Paul’s draft (which includes a swipe at me for asking an “obtuse[e]” question).  But the defense contains two errors that reveal the limits of what the Senator proposes.

Analysis and Commentary

Sequester And Vortex Redux.

by John H. Cochranevia Grumpy Economist
Monday, December 1, 2014

I posted this last week, but I was unaware at the time of the Paul Krugman's "Keynes is slowly winning" post; Tyler Cowen's 15-point response, documenting not only Keynesian failures but more importantly how the policy world is in fact moving decidedly away from Keynesian ideas, right or wrong (that was Krugman's point); and Krugman's retort, predictably snarky and disconnected from anything Cowen said, changing the subject from Keynesian ideas are winning to the standard what a bunch of morons they're not Keynesians though I keep telling them to be.

Analysis and Commentary

The Libertarian Podcast – “Climate Change, China, and International Law”

by Richard A. Epsteinvia The Libertarian
Wednesday, November 26, 2014

Parsing the US-China agreement on carbon emissions.

Analysis and Commentary

Robin Hanson's Call For Empirical Research

by David R. Hendersonvia EconLog
Saturday, November 29, 2014

On November 21, Robin Hanson wrote a piece misleadingly titled "Imagine Libertopia." I say "misleadingly" because he's actually calling on libertarians to do less imagining and more empirical research. It's excellent.

Analysis and Commentary

Assault On Israel Shifts From Warfare To Lawfare

by Peter Berkowitzvia Real Clear Politics
Friday, November 28, 2014

TEL AVIV -- Last summer Hamas launched against Israel another round of warfare. The Jewish state responded with Operation Protective Edge. In the wake of that 50-day military conflict, international actors are launching against Israel another round of “lawfare.”

Analysis and Commentary

In Louisiana, One Last Hail Mary

by Bill Whalenvia A Day At The Races
Monday, December 1, 2014

In case you forgot, there’s still a Senate race to determine in Louisiana — a runoff that’ll occur next Saturday.

Pentagon
Analysis and Commentary

A Secretary Of Defense With A Doctrine Could Help Obama

by Kiron K. Skinnervia New York Times
Sunday, November 30, 2014

Many Defense Department observers are saying that the next Pentagon leader should be either an intense political infighter or someone who is able to be conciliatory with the president and his White House team.

Analysis and Commentary

High Inflation Still Unlikely

by David R. Hendersonvia Reason
Monday, December 1, 2014

Ever since Federal Reserve Chairman Ben Bernanke commenced quantitative easing in October 2008, many commentators have warned about the danger of inflation. There are good reasons to be concerned-including the unprecedented expansion of the monetary base and the Fed's bloated balance sheet-but many Fed watchers are fighting the last war.

Analysis and Commentary

Interesting California Exit Poll Numbers

by Carson Brunovia Eureka
Wednesday, November 26, 2014

Exit Polls are useful, but just like any poll, one needs to be careful using them.  They are not exact, but instead provide a glimpse into trends of the electorate.  And while the 2014 election results in California were interesting and provide useful lessons, the electorate (and what they think) might be even more so.

Analysis and Commentary

The Good Country

by Timothy Kanevia Commentary
Monday, December 1, 2014

President Obama’s foreign policy of disengagement has been shattered by the events of the past year. His conviction that a retrenched United States would be better for Americans at home and for people around the globe has only invited aggression, from the Middle East to Europe to the Pacific.

Flying ideas
Analysis and Commentary

Saturday Afternoon Video: Dan Klein on Liberalism

by David R. Hendersonvia EconLog
Saturday, November 29, 2014

I didn't think that a 20-minute video on the origins and use of the words "liberal" and "liberalism" could hold my attention and draw me in. I am notoriously impatient and I have a strong preference for videos that are less than 5 minutes.

Analysis and Commentary

Krugman's On-Again, Off-Again Analysis

by David R. Hendersonvia EconLog
Friday, November 28, 2014

In his most recent New York Times column, "Pollution and Politics," Paul Krugman fluctuates between claiming one doesn't need to do the analysis and actually doing the analysis. The issue: the Environmental Protection Agency's Thanksgiving-timed proposal for substantial regulations on ozone.

Analysis and Commentary

Berlin And Washington: The Political Battles That Could Decide Ukraine's Fate

by Paul R. Gregoryvia Forbes
Wednesday, November 26, 2014

Ukraine’s fate may depend upon the battle within Germany’s ruling coalition over its policy towards Putin’s Russia. In the United States, the new Republican Senate will battle the Obama administration over weapons for Ukraine.

Analysis and Commentary

Why The U.N. Is More Dangerous Than Ebola

by Henry I. Millervia National Review Online
Monday, December 1, 2014

High-level officials of the United Nations are not known for their perspicacity, competence, or scientific acumen, but the head of the World Health Organization (WHO), Margaret Chan, is a particular embarrassment.

Analysis and Commentary

Giving Thanks

by David R. Hendersonvia EconLog
Thursday, November 27, 2014

I'm up early this Thanksgiving day, before my wife and daughter. My daughter came home from San Francisco yesterday afternoon and for that alone I'm thankful. She, my wife, and a friend had a great visit last night.

Analysis and Commentary

My Proud "Don't Call the Cops" Moment

by David R. Hendersonvia EconLog
Wednesday, November 26, 2014

Most mornings that I don't teach, I go out early to the local Safeway, where there's a Starbuck's, and get my wife a Grande non-fat latte. Tip to men who want a long-term successful marriage: If there are things you can do that have a low cost to you and a large benefit to your spouse, do them.

Interviews
Immigration Reform
Interviews

Richard Epstein on the John Batchelor Show (19:18)

interview with Richard A. Epsteinvia John Batchelor Show
Wednesday, November 26, 2014

Senior Fellow Richard Epstein discusses immigration reform on the John Batchelor Show.

Trayvon Martin protest in Austin, Texas
Interviews

Victor Davis Hanson on Garrison

interview with Victor Davis Hansonvia Garrison (WIBC)
Wednesday, November 26, 2014

Senior Fellow Victor Davis Hanson discusses race relations and recent events in Ferguson on Garrison.
 

In the News
In the News

Reagan Man Gone Solar Is Hint Of A Thaw in U.S. Climate Debate

with George P. Shultz, Admiral Gary Rougheadvia Bloomberg
Monday, December 1, 2014

As Ronald Reagan’s secretary of state, George Shultz faced off against Muammar Qaddafi, the Soviet Union and Chinese communists.

Fragile by Design Book Cover
In the News

Best Books Of 2014

featuring Charles Calomiris, Stephen Habervia Financial Times
Friday, November 28, 2014

Publishers have their faults but they do not forget anniversaries. This year in books, accordingly, was always going to have an elegiac tone, so dominated by the centenary of the first world war that it often felt like we were commemorating its early stages in real time – as indeed we were.

In the News

Nick Bostrom on Superintelligence

by Russ Robertsvia EconTalk
Monday, December 1, 2014

Nick Bostrom of the University of Oxford talks with EconTalk host Russ Roberts about his book, Superintelligence: Paths, Dangers, Strategies. Bostrom argues that when machines exist which dwarf human intelligence they will threaten human existence unless steps are taken now to reduce the risk. The conversation covers the likelihood of the worst scenarios, strategies that might be used to reduce the risk and the implications for labor markets, and human flourishing in a world of superintelligent machines.

In the News

Book Review: America In Retreat

by Bruce Thorntonvia FrontPage Mag.com
Monday, December 1, 2014

The 6 years of Barack Obama’s foreign policy have seen American influence and power decline across the globe. Traditional rivals like China and Russia are emboldened and on the march in the South China Sea and Ukraine.

In the News

American Nuclear Strategy: The Case For A Minimal-Deterrence Policy

mentioning Sidney D. Drell, James Goodbyvia National Interest
Monday, December 1, 2014

Critics of minimal deterrence, such as Keith Payne in a recent article in the Washington Times, accuse advocates of reducing the U.S. nuclear stockpile of viewing the world through rose-colored glasses, irresponsibly following ideological perceptions at the expense of American security.

In the News

In Parched Bond Markets, Sparks Are Dangerous

mentioning Kevin Warshvia Financial Times
Thursday, November 27, 2014

Last week Mark Carney revealed an extraordinary statistic. According to the governor of the Bank of England, it now takes seven times as long for investors to liquidate bond portfolios as in 2008.

In the News

Former Tennessee Congressman Explains 'Why Voters Love Common Core'

quoting Michael J. Petrilli, Ze’ev Wurmanvia Breitbart.com
Saturday, November 29, 2014

Writing at the Daily Beast, former U.S. Rep. Harold Ford, Jr. (TN-D), has decided that “voters love Common Core” simply because the standards “work.”