Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Can't keep politics out of education

by Tibor R. Machanvia Freedom Communications
Monday, October 15, 2007

Governments for the most part run the country's schools, and, while some variation is still evident in how they are administered, there is a pretty strong movement toward one-size-fits-all policies...

Analysis and Commentary

FISA Follies

by Benjamin Wittesvia New Republic
Monday, October 15, 2007

For all the fire-breathing rhetoric we can expect to hear about modernization of the Foreign Intelligence Surveillance Act in the coming months, last week's introduction by House Democrats of their bill on the subject makes one thing abundantly clear: The Democrats and the Bush administration aren't very far apart...

Analysis and Commentary

Kremlinology redux

by Paul R. Gregoryvia Washington Times
Monday, October 15, 2007

Just when we thought we had things figured out, Russian President Vladimir Putin did the unexpected...

Analysis and Commentary

Labeling genocide won't halt it

by Niall Fergusonvia Los Angeles Times
Monday, October 15, 2007

Last Wednesday, the House Foreign Affairs Committee condemned mass murder in the Middle East...

Analysis and Commentary

When state proficiency standards are lowered, there will be No Child Left Behind

via San Francisco Chronicle
Sunday, October 14, 2007

California's state test scores leveled off in 2007, after having jumped seven percentage points in the previous two years...

In the News
In the News

Build Diplomacy, Not Bombs

with George P. Shultz, William J. Perryvia Scientific American
Thursday, November 1, 2007

The global nuclear weapons scene is changing, yet the U.S. is promoting a costly program to replace its warheads according to an outdated cold war policy...

In the News

Bush the Budget Buster

with Milton Friedmanvia Reason
Friday, October 19, 2007

The Bush administration recently released its mid-session review of the federal budget for fiscal 2006...

In the News

Roundtable debates energy issues

with John Abizaidvia Stanford Daily
Monday, October 15, 2007

When it comes to football, according to coach Jim Harbaugh, Stanford bows to no one...

In the News

Black Monday – Part II

with Niall Fergusonvia Barron's Online
Monday, October 15, 2007

It's worrisome that the best and brightest on Wall Street consistently underestimate the odds of market-jarring events because this suggests that the financial community isn't well-prepared for a true 100-year flood...

In the News

Russia's stability called frail

with Michael McFaulvia Chicago Tribune
Monday, October 15, 2007

The prospect of Vladimir Putin at the helm in Russia for years to come has been hailed by Russians and foreign investors as an assurance of interim stability, but analysts say the concentration of so much power in a single set of hands jeopardizes stability in the long run and negates the system of checks and balances Russia so desperately needs...

In the News

Paulson Pressured by G-7 Calls to Aid Dollar, Market

with John B. Taylorvia Bloomberg
Monday, October 15, 2007

A former Master of the Universe like Henry Paulson doesn't often find himself on the defensive...

In the News

Robert Frank on Economics Education and the Economic Naturalist

by Russell Robertsvia EconTalk
Monday, October 15, 2007

Author Robert Frank of Cornell University talks about economic education and his recent book, The Economic Naturalist...

In the News

Hurwicz, Maskin and Myerson Win Nobel Economics Prize

with Milton Friedmanvia Bloomberg
Monday, October 15, 2007

Leonid Hurwicz, Eric S. Maskin and Roger B. Myerson, all from the U.S., won the Nobel Prize in economics for theories that help set rules for transactions ranging from auctions to elections...

In the News

Frank Talk

by Russell Robertsvia Cafe Hayek
Monday, October 15, 2007

In the latest EconTalk, I talk with Robert Frank about the virtues of learning economics via puzzles and stories rather than graphs and equations...

In the News

The Chains of the Past

by Victor Davis Hansonvia Works and Days
Sunday, October 14, 2007

The end of the raisin harvest this year—I have rented out my vineyard to a neighbor the last several years—reminds me that a traditional Thompson vineyard is probably doomed...

In the News

'Arsenals of Folly' by Richard Rhodes

with George P. Shultzvia Los Angeles Times
Sunday, October 14, 2007

The making of the nuclear arms race...

In the News

The Nobel Prize in Economics

with Paul M. Romer, Robert J. Barrovia New York Times
Sunday, October 14, 2007

By the time you read this, the Nobel Prize in economics will likely have been awarded, though as I write this, the winners have yet to be announced...

In the News

Nobel Prizes Look to Economics

with Paul M. Romer, Robert J. Barrovia Associated Press
Sunday, October 14, 2007

Given the churning turmoil of global markets sparked by the U.S. subprime crisis, soaring oil prices and a renewed strength by foreign currencies, it might seem appropriate that any of those issues could figure in determining the winner of this year's Nobel economics prize...

In the News

The Ideologues Have It

with Peter M. Robinsonvia National Review Online
Sunday, October 14, 2007

Peter Robinson, a Reagan speechwriter in the last years of the Cold War, posed an interesting question on “The Corner” the other day...

In the News

Globalization and Inequality

by Gary S. Beckervia Becker-Posner Blog
Sunday, October 14, 2007

A report to be issued this coming week by the IMF (the technical analysis was released early) shows that greater globalization during the past two decades contributed significantly to rising inequality during this period in most developing as well as developed countries...

In the News

Rice Avoids Criticizing Putin as U.S. Seeks Russia's Cooperation

with Michael McFaulvia Washington Post
Sunday, October 14, 2007

With the Kremlin backsliding on democracy, Secretary of State Condoleezza Rice has responded with expressions of dismay over a crackdown on independent institutions, while steering clear of any direct criticism of President Vladimir Putin's possible plan to extend his hold on power by becoming prime minister next year...

In the News

From Russia, little love for U.S. plan

with Michael McFaulvia Chicago Tribune
Saturday, October 13, 2007

Offering a chilly welcome to a high-level U.S. delegation Friday, Russian President Vladimir Putin threatened to pull out of a Cold War-era nuclear arms pact and warned Washington it risked marring relations with Moscow if it forged ahead with plans for a missile defense system in Eastern Europe...

In the News

No Child Left Behind: Hands-On Where It Should Be Hands-Off and Vice Versa

with Diane Ravitchvia Huffington Post
Saturday, October 13, 2007

As Bush prods Congress to reauthorize No Child Left Behind he has rightfully taken a tremendous amount of heat for his seemingly well-intentioned but poorly-executed education law...

In the News

Abizaid: Military Won't Get us Out of Iraq

with John Abizaidvia KCBS (CA)
Saturday, October 13, 2007

During a round table discussion at Stanford University today, the former top US general in Iraq says that that diplomacy, and not the military, will ultimately stabilize Iraq...

In the News

Our Friends in Turkey

by Alvin Rabushkavia Thoughtful Ideas
Friday, October 12, 2007

The Foreign Affairs Committee of the U.S. House of Representatives voted 27-21 on a resolution stating that Turkey’s former Ottoman Empire engaged in genocide in 1915, killing a million or more Armenians...

In the News

Who Will Win?

with Robert J. Barrovia Forbes
Friday, October 12, 2007

It’s no easy task to predict who will win the Nobel memorial prize in economics Monday..

In the News

More on the race

by Russell Robertsvia Cafe Hayek
Friday, October 12, 2007

In this recent post, I predicted that Rudy Giuliani would get the Republican nomination and that barring dramatic changes in the economic landscape or the war in Iraq, he would defeat Hillary if she gets the nomination...

In the News

Trail '08: Gore upstages all

with David Bradyvia Reuters
Friday, October 12, 2007

Once considered a stiff politician, Al Gore- a newly-minted Nobel winner - is being urged by some Democrats -- to run for the Democratic nomination...

In the News

Fed's Fisher doesn't comment on policy

with John B. Taylorvia Reuters
Friday, October 12, 2007

Federal Reserve Bank of Dallas President Richard Fisher did not comment on current monetary policy or the economic outlook in opening remarks at a conference...

In the News

Bernanke praises fellow economist

with John B. Taylorvia USA Today
Friday, October 12, 2007

Keeping the world's largest economy on an even keel is a complicated job so it seemed fitting that Federal Reserve Chairman Ben Bernanke offered some kind words to a man who has helped make that work a little easier...

In the News

Letter: Typical liberal reply wasn't about issues

with Milton Friedmanvia Chicago Daily Herald
Friday, October 12, 2007

This letter is in response to the ad hominem attack on me in an Oct. 2 letter by Shelia Burris of Elgin...

In the News

Opening remarks To the Conference on John Taylor's Contributions to Monetary Theory and Policy, Federal Reserve Bank of Dallas, Dallas, Texas

with John B. Taylorvia Federal Reserve Bank of Dallas
Friday, October 12, 2007

It is a privilege for me to open this conference dedicated to our colleague and friend, John Taylor...

In the News

Liability lawyers offer corporate America a deal it can’t refuse

with Richard A. Epsteinvia Examiner
Friday, October 12, 2007

They just don’t get any more important than Stoneridge Investment Partners v Scientific Atlanta, the potential landmark case argued earlier this week before eight justices of the U.S. Supreme Court...