Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Stimulus 'mostly a tragic waste of money'

by Michael J. Boskinvia Washington Post
Monday, July 19, 2010

The Washington Post asked Michael Boskin, a Stanford University economics professor, and Martin Neil Baily, a senior fellow at the Brookings Institution, to grade the Obama administration's performance in stimulating the economic recovery...

Analysis and Commentary

Today’s latter-day Keynesians have learnt nothing

by Niall Fergusonvia Financial Times
Monday, July 19, 2010

Supersized deficits are denting business confidence, not least by implying higher future taxes. Those, like New York Times columnist Paul Krugman, who liken confidence to an imaginary “fairy” have failed to learn from decades of economic research on expectations...

Analysis and Commentary

The Abuse of Presidential Power

by Gary S. Beckervia Becker-Posner Blog
Sunday, July 18, 2010

"Power tends to corrupt, and absolute power corrupts absolutely”. This famous dictum of Lord Acton is as relevant today as it was when stated in 1887...

Analysis and Commentary

Pity the Postmodern Cultural Elite

by Victor Davis Hansonvia Works and Days
Sunday, July 18, 2010

I think most of our problems transcend politics, which is increasingly a reflection of an elite, insider culture that is completely at odds with the majority of the country that it oversees...

Analysis and Commentary

New Data Show the Debt Problem Is Spending (not Taxes) and Obamacare Worsens the Problem

by John B. Taylorvia Economics One
Sunday, July 18, 2010

Everyone now seems to agree that the exploding federal debt is a serious problem that must be addressed. But how..?

Analysis and Commentary

Pampered populists

by Victor Davis Hansonvia Corner (National Review Online)
Saturday, July 17, 2010

It's surreal to see President Obama play the class-warfare card against the Republicans while on his way to vacation on the tony Maine coast...

Analysis and Commentary

Persistent unemployment

by Russell Robertsvia Cafe Hayek
Friday, July 16, 2010

Greg Mankiw looks at unemployment and sees something scary. I agree...

Analysis and Commentary

Macro Thought Experiment II

by Russell Robertsvia Cafe Hayek
Friday, July 16, 2010

Here’s another macro thought experiment. A government economist notices that 25% of the job losses in the economy are from the construction sector. To help speed the recovery in the job market and reduce unemployment...

Analysis and Commentary

Can You Hear Goldman Laughing?

by Tunku Varadarajanvia Daily Beast
Friday, July 16, 2010

After a big wind-up, the SEC is essentially allowing Goldman Sachs to redeem itself for the price of a few days' revenue. Tunku Varadarajan on the toothless financial reform...

Analysis and Commentary

Some bad chemistry in California

by Henry I. Millervia Orange County Register
Friday, July 16, 2010

Some regulators seem intent on running California's economy even further into the ground. Last month the California Environmental Protection Agency released proposed regulations under Gov. Arnold Schwarzenegger's Green Chemistry Initiative, a plan for a comprehensive statewide chemical monitoring system...

Analysis and Commentary

In Finance We Distrust

by Michael Spencevia Project Syndicate
Friday, July 16, 2010

Around the world, the debate about financial regulation is coming to a head. A host of arguments and proposals is in play, often competing with one another – and thus inciting public and political confusion...

Interviews
Interviews

Statecraft with Charles Hill : Chapter 1 of 5

by Peter M. Robinson with Charles Hillvia Uncommon Knowledge
Monday, July 19, 2010

Charles Hill, author of Grand Strategies, describes the idea of “grand strategy...”

Interviews

Interview with Mary Eberstadt, author of "The Loser Letters"

with Mary Eberstadtvia Catholic Post Book Group
Saturday, July 17, 2010

I had the opportunity to e-interview Mary Eberstadt, the author of The Loser Letters. I hope you'll enjoy the conversation as much as I did, and it will inspire you to read the book even more...

Interviews

Mystery Surrounds Iranians Turning Up In U.S.

with Abbas Milanivia All Things Considered (NPR)
Friday, July 16, 2010

Iranian Shahram Amiri has been welcomed back to Tehran, but questions continue to swirl around his case -- and those of others...

Interviews

Tom Keene Talks with Niall Ferguson

with Niall Fergusonvia Bloomberg Businessweek
Thursday, July 15, 2010

The Harvard history professor holds forth on European stress tests, Germany and the financial crisis, and British austerity...

In the News
In the News

Can West Virginia learn from states with charter schools?

with Caroline M. Hoxbyvia Charleston Gazette
Saturday, July 17, 2010
In the News

In Defense of Missile Defense

with James Woolseyvia Foundry
Friday, July 16, 2010