Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Don't blame the central bankers

by Niall Fergusonvia Los Angeles Times
Monday, September 24, 2007

Back in November, I found myself addressing a bunch of bankers in the Bahamas...

In the News
In the News

Hoover Institution: In Countering Terrorism Richard A. Posner Examines Intelligence Reform, Proposes Alternative Approaches

with Peter Berkowitz, Tod Lindbergvia Business Wire
Monday, September 24, 2007

In his new book Countering Terrorism: Blurred Focus, Halting Steps (Rowman & Littlefield, 2007), the Honorable Richard A. Posner examines the Intelligence Reform Act of 2004 and its implementation, and looks at alternative approaches to counterterrorism that go beyond that of intelligence reform...

In the News

Universal National Service is a Tax, and a Bad One

by Gary S. Beckervia Becker-Posner Blog
Monday, September 24, 2007

Universal service usually means that young persons, say 18 year olds, can either be drafted into military service for a specified period, say a year or two, or instead they can work for a similar period in one among a number of qualifying occupations...

In the News

It's time for Michigan to close failing schools

with Hoover Institutionvia Detroit News
Monday, September 24, 2007

Michigan's long-term economic recovery depends on its ability to revolutionize its schools and rapidly build a globally competitive talent pool...

In the News

Required Reading

with Milton Friedmanvia Wall Street Journal
Monday, September 24, 2007

Besides Adam Smith, Freidrich Hayek and Milton Friedman, here's another book to add to the U.S. Congress's reading list: the International Trade Commission's report on the U.S.-South Korea free trade agreement...

In the News

Kyoto’s Unintended Consequence: Ozone Depletion

with George P. Shultzvia Daily Green
Monday, September 24, 2007

Producing HCFCs to replace CFCs that deplete the stratospheric ozone layer generates HFCs, which have thousands of times the global warming potential of CO2...

In the News

Doubt has clout to kill vouchers

with Terry M. Moevia Salt Lake Tribune
Sunday, September 23, 2007

Supporters of Utah's school voucher program could be tripped up by some tough math and basic human nature in November's referendum election, according to political scientists...

In the News

State exploring options to solve pension crisis

with John F. Coganvia Contra Costa Times
Sunday, September 23, 2007

Alarmed that the annual taxpayer tab for teachers' and state workers' pensions and health benefits has soared from $1 billion to more than $5 billion since 2000, California officials called Friday for fixes to stem the financial outpouring...

In the News

LDS amiss on voucher neutrality

with Milton Friedmanvia Salt Lake Tribune
Sunday, September 23, 2007

Religion permeates Utah's body politic down to the bone marrow...

In the News

The Great Inflation Mystery, Still Unsolved

with Milton Friedmanvia New York Times
Sunday, September 23, 2007

As I was contemplating the half-point cut in the federal funds rate last week, I was toying with my Sony noise-canceling headphones and they snapped apart in my fingers...

In the News

India's former president Kalam brings his vision to Silicon Valley

with John Shovenvia San Francisco Chronicle
Thursday, September 20, 2007

India's destiny is to show the world how to promote economic growth in a way that enhances social equity, that nation's former president said on a tour of Silicon Valley this week...

In the News

Such a Strange Place, Academia

by Victor Davis Hansonvia Corner (National Review Online)
Thursday, September 20, 2007

It is likely (a) that Ahmadinejad was one of the terrorists who took American hostages in 1979, and so helped to start the quarter-century rise of radical Islamic jihadism that blew up on September 11; and (b) that he wants to visit September 11 precisely for the purpose of boasting when back home “I am going there, because I can,” the subtext, if not the overt message, cynically to commemorate what we deserved...

In the News

Schumpeter

by Russell Robertsvia Cafe Hayek
Thursday, September 20, 2007

I'm fifty pages into Prophet of Innovation, the bio of Schumpeter by Thomas McCraw, preparing for a podcast with McCraw...