The COVID-19 crisis has exposed the underlying weaknesses in national economies, health systems, and even political ideologies. If there is any silver lining, it is that long-vilified experts and professionals have an opportunity to regain the public's trust.
Anything specific about the social responses and economic consequences of the coronavirus is likely to be obsolete 24 hours after it is written, so dizzying the rate of change. Nonetheless, it is useful to offer some general principles to guide the inquiry.
Climate change is real and manmade, but its economic costs on the environment are grossly exaggerated, argued Hoover Institution visiting fellow Bjorn Lomborg in a lecture at Hoover’s Stauffer Auditorium on Monday, March 9.
Humanities courses in America’s best universities are apt these days to denigrate, or even deny the reality of, Western civilization. Rare are classes devoted to transmitting Western civilization’s leading ideas; examining its continuities and breaks; and cultivating the independence of mind that Western civilization prizes by exploring the several sides of fundamental moral questions and enduring political controversies.
I tried an experiment yesterday. I went to four large supermarkets in Fresno County, the nation’s largest and most diverse food-producing county, and looked at both checkouts and shelf space. The two big sellers seemed to be cleansers of all sorts (bleach wipes were all sold out, for example) and staples such as canned soup, pasta, and canned fish and preserved meat.
Be a neat freak. Wash your hands. Give to people in need. If you’re going to spread anything, spread help, compassion and humor. And do not panic.
co-authored by Lanhee J. Chen, Andy Slavitt, Bill Frist, Asaf Bitton, Ezekiel Emanuel, Atul Gawande, Sandra Hernandez, Bob Kocher, Vivek Murthy, Michael Osterholm, DJ Patil, Jennifer Peña, Jordan Shlain, Eric Topol, Leana Wen, Michelle A. Williams
Ok, so maybe holding a presidential debate amidst the uncertainty of a global pandemic isn’t as tacky as, say, doing a partisan event in the immediate aftermath of the first Kennedy assassination, the Challenger explosion, or the 9/11 attacks. Still, there was something seemingly inappropriate and unbecoming about Sunday night’s meeting of the minds in CNN’s Washington, D.C., bureau (live, but not before a studio audience).
After Elizabeth Warren dropped out of the primary race, the predictable whining commenced from all those supposedly independent, anything-you-can-do-I-can-do-better feminists. The stock clichés filled their complaints: “misogyny,” “patriarchy,” “sexism,” all the usual suspects rounded up to excuse the glaring electoral incompetence of a terrible candidate.
Author and conservationist Isabella Tree talks about her book Wilding with EconTalk host Russ Roberts. Tree and her husband decided to turn their three and a half acre farm, the Knepp Castle Estate, into something wilder, a place for wild ponies, wild pigs, wild oxen, and an ever-wider variety of birds and bugs. The conversation covers the re-wilding phenomenon, the complexity of natural systems, and the nature of emergent order.
An Assistant Professor at the University of Arkansas, Albert Cheng, joins Paul E. Peterson to discuss Cheng’s new paper, which reports findings from a survey of college alumni about their experiences in higher education and afterward.
The biology of this particular virus means we have already passed the point where lockdowns and measures of that kind can resolve the situation. If that strategy is followed you will delay the evolution of the virus into a milder form and when it returns (as it will, because it is now established in a reservoir of people around the world) the effect will be as bad as it was the first time or even worse because of the disruption caused to systems by the first wave.
I've been worried that businesses can't get loans to keep going during a virus shut down. Everyone seems to be jumping to the idea that we need rivers of Federal money. Maybe I should have more faith in the free (well, this is banking, but somewhat free) market.
If there were any doubt that the coronavirus pandemic would be disruptive to schools and families, the last few days have put that to rest. Schools in the Seattle metro area and New Rochelle, New York, are already shuttered. Ohio Governor Mike DeWine just announced that all of his state’s schools will close for a three-week spring break, starting Tuesday. For those in many other parts of America it is only a matter of when, not if, they will follow suit.
A pandemic can have useful side effects, one being that it makes us see the costs of protection. Next up: how do you stop people from hoarding ex ante? Answer, commit that there will not be the usual price controls and rationing ex post.
Charles A. Lindbergh, often branded as a Nazi sympathizer during World War II, gathered intelligence for the United States on four visits to Germany before the war, according to papers of the pre-war U.S. military attache in Berlin.
Hoover Institution fellow John Yoo talks about the Senate's role in balancing purely democratic power. The Senate has protected the states and possibly served to defuse otherwise hostile geographical battles. Does or should this role change in our modern democracy? If so, how?
Last month, the Supreme Court denied cert in Patterson v. Walgreen. The petitioner in that case called on the Court to reconsider TWA v. Hardison (1977). Justice Alito concurred in the denial of cert, joined by Justices Thomas and Gorusch.
No one will ever head to Walmart for a kidney transplant, but retail companies and profit-based clinics certainly can offer high-quality, lower-level services—and impose market discipline in a sector that sorely needs it.
The coronavirus is crushing stocks. The Dow Jones Industrial Average suffered its worst drop since the 1987 Black Monday market crash on Thursday, dropping 2,352.60 points and notching a 10% loss after government officials failed to calm investors’ fears about the fast-spreading virus’s economic impact.
The Fed and other central banks are reopening their 2008 crisis playbooks, as the speed and severity of the coronavirus outbreak threatens to bring the global economy to a halt. But as the former Fed governor Kevin Warsh put it, “If you’ve seen one financial crisis, you’ve seen one financial crisis.” In other words, the tools used to combat a mortgage-driven credit crunch are of limited use to fight a global pandemic.
If you are looking for a new book with which you can hunker down while you isolate yourself at home, I recommend Jack Goldsmith’s In Hoffa’s Shadow: A Stepfather, A Disappearance in Detroit, and My Search for the Truth. Goldsmith is the Henry L. Shattuck Professor at Harvard Law School, co-founder of Lawfare, and a Senior Fellow at the Hoover Institution.