Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The Minimum-Wage Stealth Tax on the Poor

by Thomas E. MaCurdyvia Wall Street Journal
Sunday, February 22, 2015

Imagine an antipoverty program with the following elements: a value-added tax in which the effective rate increases as family income declines.

Interest Rates
Analysis and Commentary

Liftoff Levers

by John H. Cochrane via Grumpy Economist
Friday, February 20, 2015

I read the minutes of the January FOMC meeting. (I was preparing for an interview with WSJ's Mary Kissel) There is a lot more interesting here, and a lot more important, than just when will the Fed raise rates.

world war i
Analysis and Commentary

Reliving The 1930s

by Victor Davis Hansonvia Tribune Media Services
Wednesday, February 18, 2015

World War II was the most destructive war in history. What caused it?

Barack Obama
Analysis and Commentary

President Franklin Delano Obama Addresses The Threat Of 1930s Violent Extremism

by Victor Davis Hansonvia Works and Days
Sunday, February 22, 2015

Imagine Obama as an American president in 1939.

Analysis and Commentary

Six Questions Congress Should Ask The Administration About Its ISIL AUMF

by Jack Goldsmith, Ryan Goodman, Steve Vladeck via Lawfare
Friday, February 20, 2015

With congressional hearings on the Obama Administration’s proposed Authorization for the Use of Military Force (AUMF) for the Islamic State on the horizon, we propose six questions that Members of Congress should ask Administration witnesses

Immigration
Analysis and Commentary

The Economic Effect Of Immigration

by Timothy Kanevia Peregrine
Tuesday, February 17, 2015

Critics of the president’s executive actions on immigration reform go too far when they claim that immigrants are harmful to the US economy. Simplistic appeals to economic logic, gilded with nativist assumptions, hint that the arrival of millions of immigrant workers cannot help but compete for a finite number of American-based jobs.

Analysis and Commentary

Pennacchi On Narrow Banking

by John H. Cochrane via Grumpy Economist
Thursday, February 19, 2015

I stumbled across this nice article, "Narrow Banking" by George Pennacchi. The first part has a informative capsule history of U.S. banking.

Analysis and Commentary

Thomas Gilligan, business school dean at University of Texas, will lead Stanford's Hoover Institution

Friday, February 20, 2015

Thomas W. Gilligan, dean of the McCombs School of Business at the University of Texas at Austin, will be the next director of the Hoover Institution on War, Revolution and Peace at Stanford University, Stanford President John Hennessy announced.

Press Releases
Analysis and Commentary

Patent Trolls Serve Valuable Role In Innovation, Stanford expert says

featuring Stephen Habervia Stanford News
Monday, February 23, 2015

Stanford political scientist Stephen Haber's research finds that much-maligned patent trolls actually offer inventors protection from potential bankruptcy and may help spur technological innovations.

Analysis and Commentary

The Administration’s Adolescent Rants About ISIS

by Victor Davis Hansonvia The Corner (National Review Online)
Sunday, February 22, 2015
It is disheartening to listen to Obama and his administration voices childishly reiterating that ISIS has nothing to do with Islam because it does not represent the majority of Muslims or what Westerners perceive as normative values distilled from the Koran.
Analysis and Commentary

The New York Times Public Editor Backs James Risen’s “Truth-Telling”

by Jack Goldsmith, Benjamin Wittesvia Lawfare
Thursday, February 19, 2015

Soon after Jack posted this piece on James Risen’s attacks on Eric Holder, which Ben had criticized earlier, the New York Times’s Public Editor, Margaret Sullivan, wrote a post in support of Risen’s tweets.

Athens, Greece
Analysis and Commentary

Monday Morning Muesli

by Mark Harrisonvia Mark Harrison's Blog
Monday, February 23, 2015

One of the first statements by Greece's new prime minister Alexis Tsipras called on Germany to pay more reparations to Greece for losses arising from the Nazi occupation in World War II. Some commentators added that, if Germany could have its debts and damages mostly forgiven after World War II, Greece could be forgiven its debts today.

Scott Walker the Governor of Wisconsin
Analysis and Commentary

Scott Walker Doesn’t Need A Degree — And Neither Do You

by Michael J. Petrillivia National Review
Friday, February 20, 2015
The pundit class is raising questions about whether Scott Walker’s lack of a college degree disqualifies him from being America’s 45th president. This is what educators call a “teachable moment,” because the issue goes much deeper than Governor Walker’s biography.
Analysis and Commentary

Pitching American Primacy For 2016

by Markos Kounalakisvia Sacramento Bee
Saturday, February 21, 2015

Basketball fan-politicians like President Barack Obama often use sports metaphors when talking politics. As 2014 came to a close and his last electoral cycle passed, he pointed out “my presidency is entering the fourth quarter."

Hoover fellow Richard Epstein on income inequality.
Analysis and Commentary

From 2007 To 2012-13, The Income Share Of Top 1% Fell

by David R. Hendersonvia EconLog
Friday, February 20, 2015

The share of income (including capital gains) held by the top 1 percent grew from 10 percent in both 1960 and 1980 to 21.5 percent in 2000. Since then, it fell to under 17 percent in 2002 before rising to 23.5 percent in 2007.

Analysis and Commentary

Russian Correspondent Openly Reveals Role Of Russian Soldiers In The East Ukraine Battlefield

by Paul R. Gregoryvia What Paul Gregory Is Writing About (Blog)
Friday, February 20, 2015

In his article, In the Pampases of Donbass, special correspondent for "Kommersant" Ilya Barabanov reports on his interviews with the young Russian soldiers who fought at Debaltseve.

Analysis and Commentary

The Lawfare Podcast: My Constitution Day Speech At NSA

by Benjamin Wittesvia Lawfare
Monday, February 23, 2015

In mid-September, I delivered the annual Constitution Day address at the National Security Agency.

I had meant to post the speech back then, except that it being NSA and all, I wasn’t allowed to bring my own recording equipment into the building and thus had to wait until the NSA folks released the audio of my own speech to me.

Analysis and Commentary

Some Fun New Podcasts from Spaghetti On The Wall

by Benjamin Wittesvia Lawfare
Friday, February 20, 2015

I have this little experimental podcast company I started with two friends: Shane Harris and Jennifer Howell. Most of its work is not related to Lawfare, but sometimes we do shows of potential interest to the Lawfare readership, and I try to post those when we do. One of those is the weekly show, Rational Security, the latest episode of which is now out:

Interviews
Interviews

Shelby Steele On ABC News

featuring Shelby Steelevia ABC News
Monday, February 23, 2015

Shelby Steele discusses content of his new book Shame: How America’s Past Sins Polarized Our Country.

Interviews

Michael McConnell On The John Batchelor Show (19:23)

featuring Michael McConnellvia John Batchelor Show
Thursday, February 19, 2015

Listen while Michael McConnell discusses immigration.

Interviews

Paul Gregory On The John Batchelor Show

featuring Paul R. Gregoryvia John Batchelor Show
Saturday, February 21, 2015

Paul Gregory discusses his book, Women of the Gulag: Portraits of Five Remarkable Lives

Interviews

Steptoe Cyberlaw Podcast, Episode #54: An Interview With Ben Wittes

interview with Benjamin Wittesvia Lawfare
Friday, February 20, 2015

Benjamin Wittes discusses cybersecurity in the context of his forthcoming book, The Future of Violence.

In the News
In the News

Michael Munger On Choosing In Groups

by Russell Robertsvia EconTalk
Monday, February 23, 2015

Michael Munger of Duke University talks with EconTalk host Russ Roberts about his latest book (co-authored with Kevin Munger), Choosing in Groups. Munger lays out the challenges of group decision-making and the challenges of agreeing on constitutions or voting rules for group decision-making.

In the News

Williams: Liberals See Victimization As Reason For Black Problems

featuring Shelby Steelevia Lubbock Avalanche Journal
Monday, February 23, 2015

Today’s liberals are not racists, but they often behave that way. They would benefit immensely from considering some of the arguments in award-winning scholar Dr. Shelby Steele’s forthcoming book, “Shame: How America’s Past Sins Have Polarized Our Country.”

In the News

Colorado Republicans Seek to Pull Out Of Common Core Standards

quoting Michael J. Petrillivia Breitbart.com
Sunday, February 22, 2015

Following the state Board of Education’s endorsement of a Republican-sponsored bill to remove Colorado from the Common Core standards and aligned assessments, the Colorado GOP is seeking to reverse its stance on the controversial nationalized education initiative.