Hoover Daily Report
Featured
Featured

Monetary Policy: Rules Vs. Discretion

by John B. Taylorvia PolicyEd
Monday, November 25, 2019

A rules-based monetary policy is more effective in promoting economic growth and stability than a discretionary monetary policy.

Featured

The Hatred That Fuels Impeachment

by Victor Davis Hansonvia American Greatness
Sunday, November 24, 2019

We are in new territory now. Hating a president is equivalent to finding him guilty of supposed high crimes. Impeachment is a casual affair. Hearsay is as valid as direct testimony.

Featured

Childbirth And Crime

by John H. Cochranevia The Grumpy Economist
Monday, November 25, 2019

Family formation and crime is the title of a very nice new paper by Maxim Massenkoff Evan K. Rose. (HT Alex Tabarrok at Marginal Revolution, which also has great commentary.)

Featured

David Davenport: Beware The Regulator

by David Davenportvia Townhall Review
Monday, November 25, 2019

Many see Bernie Sanders and Elizabeth Warren as two peas in the liberal Democratic pod but they are actually quite different. Bernie Sanders is a revolutionary who wants to change what he calls the rigged American system. He comes from a European political tradition, socialism, and seeks to turn the economic order upside down.

Analysis and Commentary
Analysis and Commentary

20 Impeachment What-Ifs

by Victor Davis Hansonvia National Review
Sunday, November 24, 2019

The Democrats might have had a more persuasive case for impeachment if only…

Analysis and Commentary

Susan Mayer On What Money Can't Buy

by Russell Robertsvia EconTalk
Monday, November 25, 2019

Sociologist Susan Mayer of the University of Chicago talks about her book What Money Can't Buy with EconTalk host Russ Roberts. Mayer reports on her research which found that giving poor parents money had little measured effect on improving the lives of their children. She emphasizes the importance of accurately understanding the challenges facing children in poverty if the goal is to actually help them. 

Analysis and Commentary

Responses To Comments On My Review Of Open Borders

by David R. Hendersonvia EconLog
Sunday, November 24, 2019

There were a number of interesting comments on my post in which I highlighted my review of co-blogger Bryan Caplan’s book Open Borders. Because few people read comments but I thought some of the comments worth responding to, I’m doing so here.

Analysis and Commentary

Elizabeth Warren's 68.7 Percent Tax On Capital Income

by David R. Hendersonvia EconLog
Friday, November 22, 2019

Columbia University public finance economist Wojciech Kopczuk, who is also editor-in-chief of the Journal of Public Economics, arguably the top journal in public finance, has a first-rate critique of a proposal by Emmanuel Saez and Gabriel Zucman for taxing wealth. Saez and Zucman are professors of economics at University of California, Berkeley.

Analysis and Commentary

Abba Lerner's Thoughts On Consumer Sovereignty

by David R. Hendersonvia EconLog
Saturday, November 23, 2019

One of my favorite economists on the left was the late Abba Lerner. In my biography of him for The Concise Encyclopedia of Economics, I wrote: Abba Lerner was the Milton Friedman of the left.

Interviews
Interviews

Victor Davis Hanson: Schiff Ruined 'Perfect Con' By Holding Public Impeachment Hearings

interview with Victor Davis Hansonvia Fox News
Friday, November 22, 2019

Hoover Institution fellow Victor Davis Hanson says that House Intelligence Committee Chairman Adam Schiff, D-Calif., ruined a “perfect con” by holding public hearings in the impeachment inquiry against President Trump after initially interviewing witnesses behind closed doors.

Interviews

Richard Epstein On The John Batchelor Show: Did Pres Obama Have The Constitutional Power To Do DACA? Apparently Not. (Part 1 Of 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Friday, November 22, 2019

(Part 1) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "The DACA Dilemma."

Latino students in class
Interviews

Richard Epstein On The John Batchelor Show: Did Pres Obama Have The Constitutional Power To Do DACA? Apparently Not. (Part 2 Of 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Friday, November 22, 2019

(Part 2) Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "The DACA Dilemma."

Interviews

John Taylor On The Guy Benson Show

interview with John B. Taylorvia Guy Benson Show
Friday, November 22, 2019

(1:07:31) Hoover Institution fellow John Taylor discusses the economy.

Interviews

Scott Atlas On The Guy Benson Show

interview with Scott W. Atlasvia Guy Benson Show
Thursday, November 21, 2019

(1:15:45) Hoover Institution fellow Scott Atlas discusses some of the problems with Medicare For All. 

Hong Kong Umbrella Revolution Collection, Box 2, Hoover Institution Archives
Interviews

Kiron Skinner: Protests In Hong Kong And Iran Present Challenges For Trump Administration

interview with Kiron K. Skinnervia Fox News
Saturday, November 23, 2019

Hoover Institution fellow Kiron Skinner discusses the challenges confronting President Trump concerning Hong Kong  and Iran.

Interviews

Bruce Thornton On The John Batchelor Show: The Rising Of The Iranians & What Is To Be Done?

interview with Bruce Thorntonvia The John Batchelor Show
Saturday, November 23, 2019

Hoover Institution fellow Bruce Thronton discusses his Front Page Magazine article "Time to Support the Iranian Protestors."

Interviews

Abbas Milani On The Guy Benson Show

interview with Abbas Milanivia Guy Benson Show
Friday, November 22, 2019

(58:15) Hoover Institution fellow Abbas Milani discusses Iran.

Interviews

Arye Carmon On Background Briefing With Ian Masters

interview with Arye Carmonvia Background Briefing With Ian Masters
Thursday, November 21, 2019

(22:02) Hoover Institution fellow Arye Carmon discusses Israel's lack of a Constitution and/or Bill of Rights, which has led to the tyranny of the minority party and a dysfunctional government.

Interviews

John Yoo: Does The Fourteenth Amendment Guarantee Birthright Citizenship?

interview with John Yoovia The Federalist Society
Friday, November 22, 2019

Hoover Institution fellow John Yoo discusses whether the Fourteenth Amendment guarantees citizenship to anyone born in the US.

In the News
In the News

Book Review: Learning To Lead

featuring General Jim Mattis, Andrew Robertsvia The Wall Street Journal
Friday, November 22, 2019

Lessons from the likes of Napoleon Bonaparte, Horatio Nelson, Marcus Aurelius, T.E. Lawrence—and Long John Silver.

In the News

Congress Gets A Lesson In MMT Even As Deficit Nears $1 Trillion

quoting John B. Taylorvia Bloomberg
Wednesday, November 20, 2019

As America’s fiscal deficit nears $1 trillion for the first time since the financial crisis, the House Budget Committee held a hearing on Wednesday seeking answers to a crucial question: Does it pose a clear and present danger to the economy?

In the News

The Tipping System Is Immoral

quoting Thomas Sowellvia The Conway Daily Sun
Friday, November 22, 2019

For most of my life I’ve been glad that America is a society that relies heavily on tipping. First, tipping allows us to reward excellent service. Second, in a world of rising economic inequality, a 30 to 50 percent tip is a small but direct way to redistribute money to those who are working hard to earn a living.

In the News

Other States Take Maryland To School

quoting Chester E. Finn Jr.via Frederick News-Post
Saturday, November 23, 2019

There are just two problems with the Kirwan Commission blueprint to reform Maryland’s public schools: It won’t work and it will break the bank. These trivialities aside, all is well.

In the News

Reviewing Nigeria’s 20 Years Of Democracy

quoting Larry Diamondvia This Day Live
Sunday, November 24, 2019

Kayode Fayemi gives a incisive insight into Nigeria’s 20 years of democratic journey in a speech delivered at a meeting in Washington DC, the United States, and titled: “Twenty Years of Democratization in Nigeria: Successes and Challenges”

In the News

Oil And Gas And Cattle Industries Under Fire At Canadian Schools

quoting Bjorn Lomborgvia Edmonton Journal
Friday, November 22, 2019

The Canadian oil and gas and cattle industries are under fire at schools across Canada. Climate activist Steve Lee is taking aim at fossil fuel and meat consumption as part of his crusade to turn students into fellow activists.

Interest Rates
In the News

Negative Interest Rates And The Perpetuity Paradox

cited John H. Cochranevia Seeking Alpha
Friday, November 22, 2019

With 30% of the world's investment grade sovereign bonds trading at sub-zero yields, there is a growing acceptance that negative interest rates are the 'new normal.'

In the News

Explore The Management Top 250

cited Amit Seru via The Wall Street Journal
Friday, November 22, 2019

How does your company rank in the 2019 analysis of well-run companies for customers, employees and investors?

In the News

What Is A Day Of Learning, Anyway?

cited Eric Hanushek, Paul E. Peterson, Ludger Woessmannvia Forbes
Friday, November 22, 2019

The measure crops up frequently in discussions of education policies and, sometimes, products. But what the heck does it even mean? Charter advocates like to point to a CREDO study that shows urban charters giving students an additional 40 days of learning growth in math and 38 in reading.

In the News

U.S. Firms Pull Back On Investment

cited Steven J. Davisvia The Wall Street Journal
Sunday, November 24, 2019

Capital spending by S&P 500 companies grew less than 1% in the third quarter, and would have fallen without Apple and Amazon.

In the News

Dictators Instill Fear To Stay In Power

mentioning Frank Diköttervia Korea Times
Monday, November 25, 2019

Frank Dikotter's "How to Be a Dictator" charts the rise of eight dictators, including the founder of North Korea Kim Il-sung and Mao Zedong of China, examining the mobilization of resources that allowed them to remain in power for decades.