Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Will The Bailout Work?

by Michael Spencevia Forbes
Monday, October 6, 2008

The U.S. economy, and much of the rest of the developed world, is in the midst of the collapse of an asset bubble fueled, in the main, by excess leverage...

Analysis and Commentary

McCain's economic plan boosts middle class

by John B. Taylorvia San Francisco Chronicle
Sunday, October 5, 2008

John McCain's economic plan is designed from the ground up to raise incomes and create jobs for Americans - especially middle-class Americans - and get our economy moving again...

Analysis and Commentary

American rhapsody

by Niall Fergusonvia Financial Times
Saturday, October 4, 2008

I wasn't on the flatboard before the truck roared off; I lurched, a rider grabbed me, and I sat down...

Analysis and Commentary

Do Facts Matter?

by Thomas Sowellvia Creators Syndicate
Friday, October 3, 2008

Abraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time."...

Analysis and Commentary

Resistance Is Futile

by Charles Calomirisvia Forbes
Monday, September 22, 2008

Goldman Sachs and Morgan Stanley have taken the plunge...

In the News
In the News

Bernstein on Inequality

by Russell Robertsvia EconTalk
Monday, October 6, 2008

William Bernstein, author of A Splendid Exchange, talks with EconTalk host Russ Roberts about inequality...

In the News

Time Running Out for U.S. Voters

with Michael McFaulvia Moscow Times
Monday, October 6, 2008

As the U.S. presidential election campaign heads into the home stretch, U.S. voters living in Russia will have to make up their minds earlier than the folks back home...

In the News

Anything Goes with Chris Buckley: Chapter 1 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Monday, October 6, 2008

Christopher Buckley discusses (sort of) his new comic novel, Supreme Courtship...

In the News

Venice, But Without the Gondolas

with Niall Ferguson, Milton Friedmanvia New York Magazine
Sunday, October 5, 2008

Financial historian Niall Ferguson, author of the forthcoming The Ascent of Money, sees a rough future for New York....

In the News

Government Equity in Private Companies

by Gary S. Beckervia Becker-Posner Blog
Sunday, October 5, 2008

The Federal government of the United States has seldom taken an equity interest in private companies, although this has been proposed sometimes, especially as a way to get higher returns on social security assets...

In the News

Bay Area's Brain Trust

with William J. Perry, John B. Taylor, Michael J. Boskin, Michael McFaulvia San Jose Mercury News
Sunday, October 5, 2008

From smashing fundraising records to prepping for debates to flying East to advise on the country's financial meltdown, Bay Area residents are among John McCain's and Barack Obama's very top counselors and fundraisers...

In the News

KOPEL: CAIR's complaints about DVD hollow

with Daniel Pipesvia Rocky Mountain News
Saturday, October 4, 2008

Suppose the Ku Klux Klan demanded that the Rocky Mountain News, The Denver Post, and elected officials in Colorado apologize because the media and the elected officials strongly criticized white racist extremists who perpetrate crimes of terrorism...

In the News

America's century: is the sun setting on an epoch?

with Niall Fergusonvia Sydney Morning Herald
Saturday, October 4, 2008

In the same week that the US Treasury Secretary sank to one knee to implore a congressional leader to vote for the $US700 billion ($890 billion) package to save the American economy, Colonel Zhai Zhigang became the first Chinese astronaut to walk in space...

In the News

Job Losses Pushing U.S. Economy Into `Significant' Recession

with Robert E. Hallvia Bloomberg
Saturday, October 4, 2008

The U.S. may be heading for its worst recession in at least a quarter century as the credit crisis forces employers across the country to cut workers and ratchet back spending...

In the News

The Obama-Khalidi Connection (updated)

with Daniel Pipesvia American Thinker
Saturday, October 4, 2008

Middle East scholar Daniel Pipes will discuss the close relationship between Barack Obama and Rashid Khalidi - Palestinian supporter and the professor at Columbia University - on a special broadcast of "Hannity's America" which will air tomorrow night at 9:00 PM eastern time...

In the News

New York Times Editor Philip Taubman Appointed Stanford Scholar, Adviser

with Philip Taubman, Sidney D. Drell, William J. Perry, George P. Shultzvia Hoover Daily Report
Saturday, October 4, 2008

Philip Taubman, reporter and editor at the New York Times for nearly 30 years and an expert on national security issues, has been appointed as a consulting professor at Stanford’s Center for International Security and Cooperation (CISAC) and as an adviser to the campus on university affairs issues...

In the News

Debate Impressions

by Victor Davis Hansonvia Works and Days
Friday, October 3, 2008

Bottom line: Under an enormous amount of pressure, with the McCain campaign slowing, Palin did a good job...

In the News

America's Credit Catastrophe

with Niall Fergusonvia US News and World Report
Friday, October 3, 2008

This, the shaky American economy did not need...

In the News

'Bailout' vs. prosperity

with Niall Fergusonvia Baptist Press (TN)
Friday, October 3, 2008

Now that the economic "bailout" plan has been passed by Congress, expect all parties involved to claim credit if it appears to work and deny blame if the crisis worsens...

In the News

Analysis: Kremlin closely watches U.S. elections

with Michael McFaulvia Associated Press
Friday, October 3, 2008

As the U.S. presidential contest enters its final weeks, the Kremlin has grown increasingly upset with what it regards as Russia-bashing by both candidates at a critical time in relations between Washington and Moscow...

In the News

A Heartbeat Away from Controlling Our Nuclear Arsenal

with William J. Perry, George P. Shultzvia Huffington Post
Friday, October 3, 2008

Nuclear weapons pose the ultimate test of presidential judgment...

In the News

Learning the wrong lessons

by Russell Robertsvia Cafe Hayek
Friday, October 3, 2008

A nice piece by William Easterly in the WSJ on what poor nations learned from the myth of the Great Depression...

In the News

New Book Review Contest Offers Cash Prizes to Missouri College Students

with Thomas Sowellvia Show-Me-Institute (MO)
Friday, October 3, 2008

The Show-Me Institute is excited to announce a new ongoing book review contest, targeted to Missouri college students and college-age non-students...

In the News

Searching for signs of the dreaded 'D' word

with Niall Fergusonvia Daily Deal (NY)
Friday, October 3, 2008

The latest issue of Time magazine features a photo of a 1930s soup line with the words "The New Hard Times" emblazoned across it, asking in smaller print whether we've reached "The End of Prosperity?"...

In the News

A Brief Lesson in Economic History

with Niall Fergusonvia New York Times
Thursday, October 2, 2008

The historian Niall Ferguson has an interesting piece on Time.com today, that puts the proposed bailout in the context of government inaction during the Great Depression and its global ramifications...

In the News

Jewell lecture examines globalization issues

with Niall Fergusonvia CollegeNews
Thursday, October 2, 2008

Dr. Niall Ferguson, Laurence A. Tisch Professor of History at Harvard University and William Ziegler Professor of Business Administration at Harvard Business School, will deliver the Hall Distinguished Lecture at 7:30 p.m. October 16 in John Gano Memorial Chapel on the William Jewell College campus in Liberty, Mo...

In the News

A New Era of Democratic Socialism has Begun in the United States

by Alvin Rabushkavia Thoughtful Ideas
Thursday, October 2, 2008

British Prime Minister Margaret Thatcher and President Ronald Reagan symbolized the end of socialism as a prominent economic philosophy...

In the News

Irfan Yusuf Apologizes Again to Daniel Pipes

with Daniel Pipesvia Middle East Forum
Wednesday, October 1, 2008

Following his earlier apology to Daniel Pipes, director of the Middle East Forum, Irfan Yusuf has a second time retracted his defamatory statement about Mr. Pipes...

In the News

War Puts Russia on U.S. Election Agenda

with Michael McFaulvia St. Petersburg Times
Friday, September 26, 2008

When U.S. Senators Barack Obama and John McCain go live on air to battle over foreign policy in their first presidential debate Friday, last month’s conflict with Georgia might mean that Russia will feature more prominently, the candidates’ top advisers said...