Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

How Government Created the Financial Crisis

by John B. Taylorvia Wall Street Journal
Monday, February 9, 2009

Research shows the failure to rescue Lehman did not trigger the fall panic.

Analysis and Commentary

Asia's Nonproliferation Laggards

by Charles Wolf Jr.via Wall Street Journal Asia
Monday, February 9, 2009

The proliferation of weapons of mass destruction ranks as one of the biggest challenges facing the Obama administration...

Analysis and Commentary

Environmental Protection, in Name Only

by Henry I. Millervia National Review
Monday, February 9, 2009

The new head of the Environmental Protection Agency, Lisa Jackson, promised during her confirmation hearing to base agency policies and decisions on science, not politics: “If I am confirmed, I will administer with science as my guide, ” she said...

In the News
In the News

Dangers of the Stimulus Bill

with John B. Taylor, Robert J. Barrovia Human Events Online
Monday, February 9, 2009

There are many reasons to oppose the so-called stimulus bill and none of them are partisan...

In the News

Acemoglu on the Financial Crisis

by Russell Roberts with Daron Acemogluvia EconTalk
Monday, February 9, 2009

Daron Acemoglu, of MIT, talks with EconTalk Russ Roberts about the financial crisis and the lessons that need to be learned from the crisis...

In the News

Candidates Newsom, Brown: Will their ages show

with Bill Whalenvia San Francisco Chronicle
Monday, February 9, 2009

San Francisco Mayor Gavin Newsom and California Attorney General Jerry Brown are joined by common ground...

In the News

Kiwi PM moves to fight recession without a cash splash

with Robert J. Barrovia Australian
Monday, February 9, 2009

WHILE the US, Australia and Japan spray cash in every direction to stimulate their economies, New Zealand has a novel idea: Why not grow one's way out of recession?...

In the News

Likely targets brace for organizing push

with Richard A. Epsteinvia Crain's Chicago Business
Monday, February 9, 2009

Retailers, restaurants and health care facilities will be in unions' cross hairs if the Employee Free Choice Act becomes law...

In the News

Costly, misguided reform may be on the way

with Eric Hanushekvia New Haven Register (CT)
Sunday, February 8, 2009

A very important decision is pending in the Connecticut Supreme Court with enormous financial implications for cash-strapped taxpayers...

In the News

Battle over stimulus plan tests Obama's mettle

with Bill Whalenvia San Francisco Chronicle
Sunday, February 8, 2009

He's calm, he's cool, he's been called "No Drama Obama" - but President Obama is going to need every bit of that reserve this week as he takes to the road to sell his stimulus package...

In the News

Pay Controls Do Not Work at Any Level

by Gary S. Beckervia Becker-Posner Blog
Sunday, February 8, 2009

Several big banks and other companies have badly fumbled their public relations during these difficult times, such as the big three auto makers who took their private jets to Washington to beg Congress for a bailout, or the board and CEO of Merrill Lynch that granted generous bonuses to their executives just as the company was avoiding bankruptcy through being taken over by Bank of America...

In the News

Our Brave New World

by Victor Davis Hanson with Peter Berkowitz, Hoover Institution, Ken Jowittvia Works and Days
Saturday, February 7, 2009

Be careful when one uses the superlative case—best, most, -est, etc.—or evokes end-of-the-world imagery...

In the News

McAllen's economic stimulus wish list ranges from mundane to pie-in-sky

with Gary S. Beckervia Monitor (TX)
Saturday, February 7, 2009

If city leaders get their way, the new economic stimulus plan being debated in Congress will fund more than 100 projects totaling $170.3 million...

In the News

Decline? I’ll Decline.

with Niall Fergusonvia Newsweek
Saturday, February 7, 2009

The dumb, willfully blind optimists who dominated the late boom have been evicted—and the ardent declinists, the bears and the prophetic historians have moved in...

In the News

Not Exactly Rocket Science

with William J. Perryvia Newsweek
Friday, February 6, 2009

When Iran launched a satellite into low-earth orbit this week, it was taken by many in the West as a not-so-subtle reminder that the country is defiantly working to produce missiles that one day could be used to deliver nuclear warheads...

In the News

Capping Pay: How Far Should it Go?

by Alvin Rabushkavia Thoughtful Ideas
Friday, February 6, 2009

Those banks and firms which accept government funds in the future will be subject to annual executive compensation limits of $500,000...

In the News

Stimulate This!

with Hoover Institution, Michael J. Boskinvia Reader's Digest
Friday, February 6, 2009

Where to start on a story this fast-moving?...

In the News

Diane Ravitch to Assembly: Mayor shouldn’t select the chancellor

with Diane Ravitchvia Gotham Schools
Friday, February 6, 2009

Norm Scott warned this morning that historian Diane Ravitch, who has emerged as one of the Department of Education’s most vocal critics, would be delivering blistering testimony at today’s Assembly hearing on mayoral control...

In the News

Containing the fire of the gods

with William J. Perry, George P. Shultzvia International Herald Tribune
Friday, February 6, 2009

Over 200 years ago, the philosopher Immanuel Kant defined the ultimate choice before mankind: World history would ultimately culminate in universal peace either by moral insight or by catastrophe of a magnitude that left humanity no other choice...

In the News

What Obama Doesn't Understand About Tax Cuts

with Robert J. Barrovia US News and World Report
Friday, February 6, 2009

Here is a great interview with economist Robert Barro on how tax cuts really work to boost an economy, as well as his thoughts on the Obama stimulus package...

In the News

An interview with Robert Barro

with Robert J. Barrovia Atlantic Monthly
Thursday, February 5, 2009

I spoke with Robert Barro of Harvard yesterday about the stimulus bill, fiscal policy, and related issues in macroeconomics...