Hoover Daily Report
Featured
Featured

Trump Base Wants Immigration Compromise

by Timothy Kane mentioning Douglas Riversvia The Wall Street Journal
Wednesday, February 27, 2019

[Subscription Required] Why can’t lawmakers in Washington compromise on immigration? Conventional wisdom blames President Trump’s political base, with its uncompromising hostility toward immigrants. That turns out to be nonsense.

Featured

California’s Rendezvous With Reality

by Victor Davis Hansonvia American Greatness
Wednesday, February 27, 2019

Californians brag that their state is the world’s fifth-largest economy. They talk as reverentially of Silicon Valley companies Apple, Facebook and Google as the ancient Greeks did of their Olympian gods.

Featured

Hate Crimes And Fake Crimes

by Niall Fergusonvia The Boston Globe
Wednesday, February 27, 2019

Hate crimes happen. I don’t much like the term, but let’s accept that it as modern shorthand for criminal acts, usually of violence, motivated by some form of prejudice, be it racial, religious, sexual, or otherwise.

Featured

A Better Populism

by Raghuram Rajanvia Project Syndicate
Wednesday, February 27, 2019

The only policy that left- and right-wing populists can agree on to address economic decline is trade protectionism, which will make the world poorer. A new type of populism that puts more trust in local communities may well have a greater chance of success.

Analysis and Commentary
Analysis and Commentary

‘On Freedom’ Review: Nudged To Be Free

by Richard A. Epsteinvia The Wall Street Journal
Wednesday, February 27, 2019

[Subscription Required] We can lose our way when offered too many choices. But are we at liberty when social forces can step in to correct all our personal blunders?

Analysis and Commentary

You Can’t Travel In Basketball, But California Governors Should—Without Giving Up Power

by Bill Whalenvia California on Your Mind
Thursday, February 28, 2019

While the big California news this past weekend was the 91st annual Academy Awards, a different kind of history occurred in the northern part of America’s nation-state.

Analysis and Commentary

Tariff Worries And U.S. Business Investment, Take Two

by Steven J. Davis, David Altig, Nick Bloom, Brent Meyer, Nicholas Parkervia Seeking Alpha
Wednesday, February 27, 2019

Tariff hikes and trade policy tensions have continued to mount. U.S. stock market volatility also rose sharply in the last four months of 2018, partly in reaction to trade policy concerns.

Analysis and Commentary

Smarter Teachers = Higher Student Achievement

by Chester E. Finn Jr.via Thomas B. Fordham Institute
Wednesday, February 27, 2019

Everybody knows that teacher quality matters hugely in education, indeed may be the single most potent variable in a classroom, school or system. Yet it’s also an exceptionally elusive and inherently contentious quality. Is a “quality” teacher simply the same thing as an “effective” teacher, with the latter typically gauged by looking at measurable student outcomes of one sort of another, preferably via a sophisticated “value added” calculation? 

Analysis and Commentary

Is A "Good Enough" School Good Enough For My Kids?

by Michael J. Petrillivia Thomas B. Fordham Institute
Wednesday, February 27, 2019

An article in the Times caught my eye the other day: “The Good-Enough Life.” The author, Avram Alpert, a writing teacher at Princeton, draws on the work of D.W. Winnicott, who popularized the idea of “the good-enough mother.”

Analysis and Commentary

A Missed Opportunity For Dianne Feinstein

by David R. Hendersonvia EconLog
Wednesday, February 27, 2019

Presumably some of you have seen the video of the group of children, and an adult or two, having a conversation with Dianne Feinstein. I never thought I would say anything nice about her but I do appreciate two things.

Interviews
Interviews

U.S. Trade Deal With China Will Not Give Trump Leverage In North Korea Talks, Says Niall Ferguson

interview with Niall Fergusonvia CNBC
Wednesday, February 27, 2019

Hoover Institution fellow Niall Ferguson discusses global markets following news that US Trade Representative Robert Lighthizer said a US–China trade agreement is not close to being finalized.

Interviews

Law Talk With Richard Epstein: Well Dressed

interview with Richard A. Epstein, John Yoovia Ricochet
Wednesday, February 27, 2019

Hoover Institution fellow Richard Epstein and John Yoo discuss whether Michael Cohen’s testimony will change anything about the case against Trump; can the president’s emergency measures to build a border wall stand up in court;  whether the Supreme Court’s blow against civil asset forfeiture actually represents a constitutional error; and is a group of states about to take down the electoral college?

Interviews

Behind The Scenes With Harvard’s Martin Feldstein

interview with Martin Feldsteinvia Bloomberg
Wednesday, February 27, 2019

Hoover Institution fellow Martin Feldstein discusses his work in Washington with President Reagan, the importance of introductory economics courses, and his time as an undergraduate at Harvard University.

Interviews

Michael Auslin On The Trump-Kim Summit: What To Expect

interview with Michael R. Auslinvia CBS News
Thursday, February 28, 2019

Hoover Institution fellow Michael Auslin discusses what to expect in the second summit between the US and North Korea.

Interviews

Lanhee Chen: Breaking Down Tangible Goals Of President Trump's Second Summit With Kim Jong Un

interview with Lanhee J. Chenvia Fox News
Thursday, February 28, 2019

Hoover Institution fellow Lanhee Chen discusses what he thinks should be a top goal of the Trump administration concerning North Korea.

Interviews

John Yoo And Julian Epstein Agree: Cohen Hearing Was Both Good And Bad News For President Trump

interview with John Yoovia Fox News
Thursday, February 28, 2019

Hoover Institution fellow John Yoo discusses Michael Cohen's testimony.

Interviews

Michael Petrilli: Philadelphia’s Brotherly Love Between Charter, District, And Parochial Schools

interview with Michael J. Petrillivia Thomas B. Fordham Institute
Wednesday, February 27, 2019

Hoover Institution fellow Michael Petrilli discusses the burgeoning, and surprisingly collaborative, school choice scene in the nation’s sixth largest city, Philadelphia.

In the News
In the News

Hoover Library & Archives Reading Room Temporary Closure In 2019

Sunday, March 31, 2019 to Wednesday, January 1, 2020

In anticipation of a significant construction and renovation project that will prepare the Hoover Institution for its next century of activities, the Library & Archives reading rooms will be closed to researchers from December 24, 2018, to the early months of 2020.

News
In the News

Raghuram Rajan’s Latest Book Explores How Stronger Communities Can Save Capitalist Democracies

featuring Raghuram Rajanvia Chicago Booth Review
Wednesday, February 27, 2019

Why do our neighbors matter when we can reach people across the world? This compelling question opens the highly anticipated new book from Raghuram Rajan, a longtime finance professor at the University of Chicago Booth School of Business and former head of India’s Central Bank.

In the News

New AEI Report On The Costs Of Medicare For All By Charles Blahous

featuring Charles Blahousvia AEI
Wednesday, February 27, 2019

In a new AEI report, Charles Blahous – a former public trustee for Social Security and Medicare, and a former deputy director of the National Economic Council – analyzes the likely impact of Medicare for All. A proposed bill introduced by Sen. Bernie Sanders, Medicare for All, would be a single payer, national health insurance program that would cover all Americans. While many of the announced 2020 Democratic Party contenders have embraced this policy change, few Americans are informed about the potential costs and consequences associated with it.

In the News

An Economist’s Argument For Preserving Communities

featuring Raghuram Rajanvia The New York Times
Wednesday, February 27, 2019

Raghuram Rajan comes both to praise community and to bury it. This University of Chicago professor and former chief economist for the International Monetary Fund wants his new book to “reintroduce into the debate” the titular and neglected “third pillar” of community alongside the pillars of market and state that dominate modern society. Rajan says he is seeking “the right balance between them so that society prospers.” 

In the News

Opinion: Time For Democrats To Abandon Myth About Citizens United

quoting Michael McConnellvia The Mercury News
Wednesday, February 27, 2019

My fellow Democratic politicians like to campaign on overturning the U.S. Supreme Court’s Citizens United decision, which allowed corporations to spend unlimited sums advocating for candidates. Presidential hopefuls Cory Booker, Kamala Harris, Elizabeth Warren and Bernie Sanders have made it a campaign platform.

In the News

GBP To Canadian Dollar Rate Flat As US-China Trade Talks Fail To Progress

quoting Niall Fergusonvia Exchange Rates
Thursday, February 28, 2019

The Pound Canadian Dollar (GBP/CAD) exchange rate is holding steady today and is currently trading around CA$1.7522 on the inter-bank market. The Canadian Dollar (CAD) has lost some of its gains following yesterday’s printing of the Bank of Canada’s year-on-year CPI figures for January, which decreased to 1.5%.

In the News

Quote Of The Day – The Government’s Role

quoting Thomas Sowellvia Ricochet
Wednesday, February 27, 2019

It is amazing how many people think that the government’s role is to give them what they want by overriding what other people want. – Thomas Sowell

In the News

Democrats' Vote-Buying Scheme: 'Free Stuff' For All

quoting Charles Blahousvia The Patriot Post
Wednesday, February 27, 2019

“A government that robs Peter to pay Paul can always depend upon the support of Paul.” —socialist playwright George Bernard Shaw America is indisputably the greatest, most prosperous nation in history. Only a nation as wealthy and secure as the U.S. could afford to indulge the lunacy, greed, and unbridled infantilism we are witnessing today.

Federal Reserve
In the News

You Don't Need A PhD Anymore To Read Fed's Statements

quoting Charles Calomirisvia Reuters
Tuesday, February 26, 2019

The Fed’s policy statements grew so complicated after the recession that standard gauges of readability suggested people needed four years of university or more to understand them.