Hoover Daily Report
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Featured

Remembering Edward P. Lazear

Wednesday, November 25, 2020

Edward Paul Lazear, award winning economist, public servant, and the Hoover Institution’s Morris Arnold and Nona Jean Cox Senior Fellow, died Monday night. He was 72.

 

News
Featured

A Progressive Assault On Selective High Schools

by Chester E. Finn Jr.via The Wall Street Journal
Wednesday, November 25, 2020

Instead of fixing public education, the left tries to end testing at schools it deems inequitable.

Featured

Bitcoin Is Winning The Covid-19 Monetary Revolution

by Niall Fergusonvia Bloomberg
Sunday, November 29, 2020

The virtual currency is scarce, sovereign and a great place for the rich to store their wealth.

Featured

Making The US Economy Grow Again: The Role Of Intellectual Property Rights

by Stephen Habervia PolicyEd
Monday, November 30, 2020

Stephen Haber discusses the US economy and the role intellectual property rights play in increasing prosperity.

Featured

American Global Leadership Integral To Confronting China’s Aggression, Argues Former Australian Foreign Minister

Monday, November 23, 2020
Hoover Institution, Stanford University

American-led security and economic partnerships are integral to confronting ambitions of the People’s Republic of China, said Australia’s former foreign minister Julie Bishop in a recent conversation with Fouad and Michelle Ajami Senior Fellow H. R. McMaster.

News
Analysis and Commentary
Analysis and Commentary

Avoid The Pitfalls Of Student Loan Forgiveness

by Richard A. Epsteinvia Defining Ideas
Tuesday, November 24, 2020

It’s even more than a problem of staggering costs and unfair taxation. Erasing students’ debts would violate the economic logic of making a degree pay for itself.

Analysis and Commentary

Why Our Universities Have Failed

by Victor Davis Hansonvia American Greatness
Sunday, November 29, 2020

Something went wrong with the rapidly expanding university in the 1960s, and the new 21st century, high-tech, globalized campus has made the mess it inherited dangerous.

Analysis and Commentary

How Badly Has The Pandemic Hurt K-12 Learning? Let State Testing In The Spring Tell Us.

by Chester E. Finn Jr.via The Washington Post
Wednesday, November 25, 2020

President-elect Joe Biden’s yet-to-be-named education secretary will immediately face a difficult question once in office: Should states, for the second year in a row, be given waivers from their annual obligation to assess every student’s reading and math progress in grades 3 through 8? Biden has indicated that, in matters such as pandemic-fighting, his administration will look at the data and follow the evidence. That approach should also apply in education.

Analysis and Commentary

Planes, Trains And Trump’s Stage (And Staged) Exit

by Bill Whalen quoting Victor Davis Hansonvia Forbes
Monday, November 30, 2020

Assuming President Trump is true to his word and concedes the election once the Electoral College awards his job to Joe Biden, we can begin to ponder several questions.

Analysis and Commentary

John Yoo: Supreme Court Rejection Of Cuomo’s COVID Restrictions On Worship Upholds Religious Liberty

by John Yoovia Fox News
Friday, November 27, 2020

The decision temporarily blocks New York's effort to limit attendance at religious services to 10 or 20 people. 

Analysis and Commentary

Bjorn Lomborg: The Electric Car Won’t Get Us Very Far

by Bjorn Lomborgvia Goderich Signal Star
Thursday, November 26, 2020

Electric cars will achieve only tiny emissions savings at a very high price.

Analysis and Commentary

Implications Of The Flynn Pardon

by John Yoovia National Review
Wednesday, November 25, 2020

President Trump’s pardon not only ends any injustice to Flynn, but it restores the proper balance to the separation of powers.

Analysis and Commentary

Trump Faces A Critical Choice About His Political Future

by Victor Davis Hansonvia National Review
Thursday, November 26, 2020

Will he follow the example of Andrew Jackson, who went on to victory, or sore loser Hillary Clinton?

Analysis and Commentary

A U.S. Strategy To Contain And Engage Putin’s Russia

by Michael McFaulvia American Ambassadors Live!
Wednesday, November 25, 2020

President-elect Joseph R. Biden has an opportunity to forge a bipartisan, sustained grand U.S. strategy for Russia. With decades of experience in foreign affairs, especially transatlantic relations, he knows Russia, he knows Vladimir Putin and, equally important, he knows the region. When I worked at the National Security Council during the Barack Obama administration, I traveled with then-Vice President Biden to Georgia, Ukraine, Moldova and Russia. 

Analysis and Commentary

Here Comes The Biden Blame Game

by Kevin Hassettvia National Review
Monday, November 23, 2020

If the double-dip recession hits next year, Biden will remind us over and over that it’s Donald Trump’s fault. He’ll be wrong.

Analysis and Commentary

Munk Debates: Should We Fear, Or Embrace, Populist Politics?

by Donald Critchlow, Timothy Garton Ashvia National Post
Wednesday, November 25, 2020

The populist tradition in America is different from populism in Europe. The populist tradition in the United States reflects an especially vibrant democracy. American populism, historically and today, is an expression of intense anti-elitism. It’s an articulation that established political and economic interests have failed to represent the people’s interests.

Analysis and Commentary

OCC Fights De-Banking. Fed Moves To Climate.

by John H. Cochranevia The Grumpy Economist
Tuesday, November 24, 2020

Part 1: The OCC issued a refreshing rule proposal, covered in a nice WSJ oped by Brian Brooks and Charles Calomiris. It is as interesting as a compendium of what's going on as it is for a rule to put an end to it, especially since enthusiasm for the rule is likely to change about Jan 20. 

Analysis and Commentary

Lanhee Chen: A Hypocrisy Pandemic

by Lanhee J. Chenvia Townhall Review
Wednesday, November 25, 2020

California Governor Gavin Newsom has repeatedly called on Californians to come together and make sacrifices to fight COVID-19.

Analysis and Commentary

Thanksgiving

by John H. Cochranevia The Grumpy Economist
Wednesday, November 25, 2020

400 years ago, a group of intrepid migrants signed the Mayflower Compact.

Analysis and Commentary

Vaccines And Externalities

by John H. Cochranevia The Grumpy Economist
Wednesday, November 25, 2020

 A lovely point from the always creative Tyler CowenSay, for the purposes of argument, that you had 20,000 vaccine doses to distribute. There are about 20,000 cities and towns in America. Would you send one dose to each location? 

Analysis and Commentary

Emily Oster On The Pandemic

by Russ Robertsvia EconTalk
Monday, November 30, 2020

Economist and author Emily Oster of Brown University talks with EconTalk host Russ Roberts about the challenge of reopening schools in a pandemic. Oster has been collecting data from K-12 schools around the country. Her preliminary analysis finds little evidence that schools are super-spreaders of COVID. She argues that closing schools comes at a high cost for the students with little benefit in reducing the spread of the disease. The conversation ends with a discussion of parenting.

Analysis and Commentary

The Education Exchange: Adding Transparency And Equity With Weighted Student Funding

by Paul E. Petersonvia The Education Exchange
Monday, November 30, 2020

A research professor at Georgetown University and director of the Edunomics Lab, Marguerite Roza, joins Paul E. Peterson to discuss a new Edunomics Lab study on weighted student funding, which investigates the spending patterns and student outcomes in school districts.

Analysis and Commentary

To Fear Or Not To Fear: That Is The Question

by David R. Hendersonvia EconLog
Friday, November 27, 2020

This is a talk I gave to the local Osher Lifelong Learning Institute, sponsored by California State University, Monterey Bay (CSUMB). The local one is run by Michele Crompton and she does a great job. My topic was about things we should fear a lot and things we shouldn’t fear much. In the middle category was COVID-19. In the “not fear much” category were China (unless you live near China), terrorism, running out of land, genetically modified foods, getting shot by police, and global warming.

Analysis and Commentary

Jeremy Arkes On COVID Externalities And Governor Newsom

by David R. Hendersonvia EconLog
Wednesday, November 25, 2020

Jeremy Arkes, one of my friends and Navy School colleagues, who is also a friend and colleague of Judith Hermis, submitted the letter he would have sent to Governor Newsom. I did some edits, all of which he accepted, and here is the result.

Analysis and Commentary

Is Alex Eaton-Salners Ignorant Or A Liar?

by David R. Hendersonvia EconLog
Wednesday, November 25, 2020

I hope it’s the former. The Wall Street Journal has 6 crossword puzzles a week and I clip them and fill them out when I have spare time or at night when I’m trying to get to sleep.

Interviews
Shelby Steele 2018
Interviews

Shelby Steele On The Victor Davis Hanson Podcast

interview with Shelby Steelevia National Review
Tuesday, November 24, 2020

Hoover Institution fellows Victor Davis Hanson and Shelby Steele discuss Steele's important new documentary film, What Killed Michael Brown? and the central role of white guilt in American liberalism.

Interviews

Niall Ferguson: What History Can Tell Us About Biden's Win

interview with Niall Fergusonvia CNN
Sunday, November 29, 2020

Hoover Institution fellow Niall Ferguson discusses the presidential election.

Interviews

H.R. McMaster To Biden: Don’t Let Up On Competition With China

featuring H. R. McMastervia Atlantic Council
Tuesday, November 24, 2020

Hoover Institution fellow H. R. McMaster says Beijing has no real interest in cooperating with the United States on issues such as North Korea, climate change, and trade, and will use the breathing space engagement affords to strengthen its competitive edge economically, diplomatically, and militarily.

Interviews

Richard Epstein On The John Batchelor Show (Part 1)

interview with Richard A. Epsteinvia The John Batchelor Show
Wednesday, November 25, 2020

Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Avoid the Pitfalls of Student Loan Forgiveness."

Interviews

Richard Epstein On The John Batchelor Show (Part 2)

interview with Richard A. Epsteinvia The John Batchelor Show
Wednesday, November 25, 2020

Hoover Institution fellow Richard Epstein discusses his Defining Ideas article "Avoid the Pitfalls of Student Loan Forgiveness."

Interviews

John Yoo: Churches, Restaurants Fight California's Latest COVID-19 Restrictions

interview with John Yoovia Fox News
Wednesday, November 25, 2020

Hoover Institution fellow John Yoo discusses the new COVID-19 restrictions and whether they are constitutional.

Interviews

Victor Davis Hanson With Sebastian Gorka On America First

interview with Victor Davis Hansonvia AMERICA First with Sebastian Gorka
Friday, November 27, 2020

Hoover Institution fellow Victor Davis Hanson discusses the problems with the 2020 election and what should have happened as well as what can be done.

Interviews

War & Peace: Rose Gottemoeller On The Future Of NATO

interview with Rose Gottemoellervia International Crisis Group
Tuesday, November 24, 2020

Hoover Institution fellow Rose Gottemoeller talks about how NATO seeks to safeguard democratic values and the rule of law as well as whether it has adapted through the years, and what its priorities should be going forward.

Interviews

Michael Auslin On The Riga Security Forum 2020

interview with Michael R. Auslinvia Latvian Institute of International Affairs
Thursday, November 26, 2020

Hoover Institution fellow Michael Auslin discusses NATO 2030, a common political agenda towards China including probability, needs, risks, and benefits as well as we NATO's closer cooperation with like-minded countries outside the NATO.

Interviews

Lanhee Chen: Biden’s Cabinet Picks Are Under Scrutiny

interview with Lanhee J. Chenvia Yahoo News
Friday, November 27, 2020
Hoover Institution Lanhee Chen Discusses Biden's cabinet picks.
Interviews

Former Trump Security Adviser H. R. McMaster Sounds Warning On Biden's Challenges

interview with H. R. McMastervia MSN
Wednesday, November 25, 2020
Hoover Institution fellow H. R. McMaster sounds a warning on the challenges President-elect Joe Biden will face concerning the Middle East.
Interviews

H. R. McMaster On His Time As NSA, China, And History's Role In Policymaking

interview with H. R. McMastervia ChinaTalk
Monday, November 30, 2020
Hoover Institution fellow H. R. McMaster talks about his time in government, what the US missed about China and what to do about it, and which Seinfeld character would make the best NSA.
In the News
Edward Lazear
In the News

Edward Lazear, Economist And White House Adviser, Dies At 72

featuring Edward Paul Lazearvia The Wall Street Journal
Thursday, November 26, 2020

Edward P. Lazear, an economist and White House adviser who delved into the complex relationships between employers and workers, died of pancreatic cancer Monday. He was 72.

In the News

Niall Ferguson Wants To See Bitcoin In The US Financial System

featuring Niall Fergusonvia CryptoCoin.News
Monday, November 30, 2020
Over the last several years — and especially since crypto recovery from the 2018 crash had started — many crypto skeptics’ voices started to soften and disappear. Meanwhile, the crypto community started gaining more and more supporters from respected individuals of the finance world.
Edward Lazear talks about the labor market in his speech titled "Weak Labor and
In the News

Edward P. Lazear

featuring Edward Paul Lazearvia The Wall Street Journal
Friday, November 27, 2020

Free markets and the laws of economics need frequent defense and explanation, and that cause is worse off after the death this week of Edward P. Lazear, a pioneer in the field of labor economics. He was 72 and had pancreatic cancer.

In the News

Edward P. Lazear, Economist And Presidential Adviser, Dies At 72

featuring Edward Paul Lazearvia The New York Times
Wednesday, November 25, 2020

Edward P. Lazear, a pioneering labor economist at Stanford University who advised President George W. Bush during the financial crisis, died on Monday. He was 72.

In the News

Trailblazing Economist And Presidential Adviser Edward Lazear Dies At 72

featuring Edward Paul Lazearvia Stanford News
Tuesday, November 24, 2020

Described as “perhaps the foremost labor economist of his generation,” economist, White House adviser and Stanford University professor Edward P. Lazear passed away from pancreatic cancer on Nov. 23.

In the News

Edward Lazear (1948–2020)

featuring Edward Paul Lazearvia National Review
Wednesday, November 25, 2020

We are deeply saddened to have to report that Edward Lazear, someone we were extremely proud to have included in our roster of authors for Capital Matters, died on Monday.

In the News

Raghuram Rajan Says Proposal To Allow Business Houses Into Banking Is A 'Bad Idea'

featuring Raghuram Rajanvia Live Mint
Monday, November 23, 2020
The former RBI governor, and Viral Acharya, a former RBI deputy governor questioned timing of the RBI panel's proposal at a time when 'India is still trying to learn the lessons from failures like IL&FS & Yes Bank'
In the News

Ex-Trump National Security Adviser Lt. Gen. H.R. McMaster On Biden Challenges

quoting H. R. McMastervia Republic World
Wednesday, November 25, 2020
President Donald Trump's former national security adviser, Lt. Gen. H.R. McMaster had plenty of advice for the incoming Biden administration on foreign policy issues.
In the News

The World’s Safe Haven Needs An Upgrade

quoting Darrell Duffievia Stanford Graduate School of Business
Monday, November 23, 2020
The U.S. Treasury market came close to a meltdown in March, revealing a rickety system that threatens “national economic security,” a Stanford professor says.
In the News

The Orrin G. Hatch Foundation: Civility And Solutions For Polarizing Times

quoting David Davenportvia Real Clear Wire
Friday, November 20, 2020
Despite everything that the United States has gone through in 2020, former U.S. Senator Orrin G. Hatch says that he is “intensely optimistic about what’s ahead.” What gives him hope about America’s future? It’s that “every challenge we’ve faced—from Valley Forge to Covid-19—has only made us stronger and more resilient as a nation.”
In the News

Trump's Former Nat. Security Adviser Condemns Withdrawing Troops From Afghanistan: 'It's Abhorrent'

quoting H. R. McMastervia Newsweek
Monday, November 23, 2020
President Donald Trump's former national security adviser denounced the administration's plans to withdraw thousands of troops from Afghanistan before mid-January, calling the decision "abhorrent" and warning of its potentially grave consequences.
In the News

Calls For More Cash To Fight Pandemic Don’t Go Far Enough – We Need Boldness

quoting Raghuram Rajanvia The National
Friday, November 27, 2020
The economic impact of Covid-19 has been extreme in 2020 and will continue for many years to come.
In the News

New Study Finds IL Students Are Falling Behind In Reading, Math During Online Learning

quoting Margaret (Macke) Raymondvia ABC 7 News
Wednesday, November 25, 2020
New research suggests remote learning is putting students behind in reading and math.
In the News

Our Crippled Schools Won’t Hurt Advantaged Parents’ Children Much

quoting Michael J. Petrillivia The Washington Post
Saturday, November 28, 2020
When well-educated parents complain about what their children are missing in this pandemic of thin and chaotic online classes, I suggest they read the 1966 Coleman Report. It is still one of the most influential education documents ever written, and relevant to our current plight.
In the News

Election 2020: State Election Certification Deadlines

quoting John Yoovia The Sara Carter Show
Monday, November 23, 2020
Under normal circumstances, the certification of presidential election results would have been a mere formality to dot the ‘I’s and cross the ‘T’s. This election cycle though, the certification deadlines mean more now than ever.
In the News

Gandhi, Churchill Statues In UK Could Be Toppled

quoting Andrew Robertsvia Siasat
Saturday, November 28, 2020

There are fears that statues of Winston Churchill and Mahatma Gandhi in the UK could be toppled after both were named in a Welsh government report reviewing historical figures as “complicit” in colonialism and slavery.