“California, folks, is America fast forward.” Thus Governor Gavin Newsom, hoarsely, amid brown smoke at the North Complex Fire on Sept. 11. “What we’re experiencing right here is coming to a community all across the United States of America … unless we get our act together on climate change.”
Hoover Institution fellow H. R. McMaster talks about China, Russia, his decision to serve under President Trump, and a host of other topics in a wide-ranging interview.
I am very worried about how the next election will play out. I am more worried than most commenters, hence this post, because as an economist I predict people's behavior by asking what is natural given their incentives and the rules of the game as they are. That thinking leads to a dark place.
Fans of college football might remember a game from almost 32 years ago, when a very potent and very cocky Miami Hurricanes team ventured to Notre Dame for a rematch of a one-sided affair (in Miami’s favor) from the previous season.
Joe Biden's campaign policy agenda will add $5.4 trillion in new federal spending over the next decade, according to a new analysis by the Penn Wharton Budget Model, a nonpartisan research-based initiative at the University of Pennsylvania's Wharton School. Biden has many aggressive plans, which include remaking the US health care system, expanding housing subsidies, and making public colleges and universities tuition-free for families making less than $125,000 a year.
How much has racism held back the U.S. economy? What would the country look like today if Black entrepreneurs and inventors had been welcomed and encouraged over the past century and a half? Economist Lisa Cook of Michigan State University talks with EconTalk host Russ Roberts about her research into the impact of racism, lynching, and segregation on Black inventors and entrepreneurs.
The Paul and Jean Hanna Senior Fellow at the Hoover Institution of Stanford University, Eric Hanushek, joins Paul E. Peterson to discuss Hanushek’s new study, which calculates the expected losses to the annual GDP incurred by the Covid-19 shutdown of schools.
by Jose Maria Barrero, Nicholas Bloom, Steven J. Davisvia CATO
Wednesday, September 16, 2020
The COVID-19 pandemic and efforts to contain the virus are exacting a staggering economic toll in countries around the world. China’s economy shrank 6.8 percent in the first quarter of 2020 on a year‐on‐year basis, and eurozone economies shrank at a 14.8 percent annualized rate. In the United States, nearly 28 million people filed new claims for unemployment benefits over the six‐week period ending April 25.
On September 11, 1944, a patrol led by Staff Sergeant Warner L. Holzinger of Troop B, 85th Reconnaissance Squadron, 5th Armored Division, crossed the Our River from Luxembourg into Germany. Those five soldiers were the vanguard of a mighty Allied force that would within eight months conquer the Third Reich, thereby ending World War II in Europe.
by Jose Maria Barrero, Nicholas Bloom, Steven J. Davisvia Becker Friedman Institute for Economics at the University of Chicago
Friday, September 18, 2020
The pandemic-induced shift to working from home lowers commuting time among Americans by more than 60 million hours per workday. Cumulative time savings over the past seven months exceed 9 billion hours.
by David Altig, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Brent Meyer, Emil Mihaylov, Nick Parkervia Becker Friedman Institute for Economics at the University of Chicago
Friday, September 18, 2020
Firms expect to cut pre-pandemic travel expenditures by nearly 30 percent when concerns over COVID-19 subside.
interview with Condoleezza Ricevia Stanford School of Humanities and Sciences
Tuesday, September 15, 2020
Hoover Institution Director Condoleezza Rice discusses some of the challenges facing the US, including democracy, racial injustice, education, and more.
Hoover Institution fellow H. R. McMaster says it's a mistake to think the Taliban could be a partner for peace, and that type of thinking could lead to another 9/11.
Hoover Institution fellow Jack Goldsmith discusses his new book as well as ethics, disclosure, the relationship between the Justice Department and the White House, and what problems can—and can't—be solved through reform.
Former Reserve Bank of India Governor Raghuram Rajan, and former Deputy Governor Viral Acharya have together suggested ways to tackle problems lurking in India’s banking sector.
The New York Times describes Sweden’s approach to COVID-19, which has been notably less restrictive than the policies adopted by other European countries and the United States, as “disastrous” and “calamitous.” By contrast, Scott Atlas, the physician and Hoover Institution fellow who is advising President Trump on the epidemic, thinks Sweden’s policy is “relatively rational” and “has been inappropriately criticized.”
Like Justice Thurgood Marshall before her, Justice Ruth Bader Ginsburg was one of only a handful of modern Justices who would have been a pivotal figure in American constitutional law even if she had never served on the Court.
Supreme Court Justice Ruth Bader Ginsburg’s dying wish reportedly was that she not be replaced until there’s a new president. Senate Majority Leader Mitch McConnell made it clear Friday night that he has no intention of honoring that wish.
America is a divided nation. Even though there’s some debate about the degree to which Democrats and Republicans actually disagree on policy issues, in recent years the vitriol between people of opposing parties has steeply risen.
White House coronavirus task force member Dr. Scott Atlas told CNN’s Erin Burnett Friday that “there's no sound science that shows that you should have all populations wear a mask in all circumstances."
As the battle ignited on Saturday for the U.S. Supreme Court vacancy left by the death of Justice Ruth Bader Ginsburg, political campaigns and operatives in Pittsburgh and beyond raced to realign their messaging, raise money and turbocharge the polarizing debate over a once-in-a-generation ideological shift at the high court just 45 days before Election Day.
Is cancel culture a mob mentality, or a long overdue way of speaking truth to power? Join us on September 22, hear the arguments and decide for yourself.
