Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

American Mob Rule

by Victor Davis Hansonvia Tribune Media Services
Thursday, March 26, 2009

In the last three months, we’ve been reduced to something like the ancient Athenian mob — with opportunistic politicians sometimes inciting, sometimes catering to an already-angry public...

Analysis and Commentary

'The Road to Serfdom' revisited

by Scott S. Powellvia Washington Times
Thursday, March 26, 2009

There is blame on both sides of the political aisle for our current economic mess...

Analysis and Commentary

Is the Bonus Tax Unconstitutional?

by Richard A. Epsteinvia Wall Street Journal
Thursday, March 26, 2009

Bills now winding their way through Congress would tax between 70% and 90% of bonuses paid to any executive earning in excess of $250,000, if he or she is employed by a business that received more than $5 billion from U.S. bailout funds...

Analysis and Commentary

The G20 summit in London will be missing one great power. Guess who?

by Timothy Garton Ashvia Guardian (UK)
Thursday, March 26, 2009

When President Barack Obama comes to London next week, he will find one great power missing at the world's summit table: Europe...

In the News
In the News

The Arab Peace Initiative: A Primer and Future Prospects

by Joshua Teitelbaumvia Jerusalem Center for Public Affairs (Israel)
Thursday, March 26, 2009

In the wake of the terrorist attacks on September 11, 2001, Saudi Arabia was under intense scrutiny since fifteen of the nineteen 9/11 hijackers had proved to be Saudis...

In the News

The new toxic and bad legacy assets programs of the US Treasury: surreptitiously squeezing the tax payer and the Fed until the PPIPs squeak

with John B. Taylorvia Financial Times
Thursday, March 26, 2009

Ecce! The Public Private Partnership Investment Program (or should that be the Public-Private Investment Program?) is here, albeit not yet with quite enough information on some of the key practical details to make a full assessment...

In the News

Real money supply: surging in some countries, not so much in others

with John B. Taylorvia RGE Monitor (NY)
Thursday, March 26, 2009

The Fed's recent and extreme policies have made people nervous about inflation...

In the News

The Right’s Infatuation With Globalization

with Niall Fergusonvia American Conservative
Wednesday, March 25, 2009

Niall Ferguson makes an important observation that the Anglophone right, as he calls it, has been oblivious to the impossibility of pursuing three distinct goals...

In the News

Richard Epstein on the Employee Free Choice Act

with Richard A. Epsteinvia Point of Law
Wednesday, March 25, 2009

The famed law professor has written an important new paper in the Civil Justice Forum series from the Manhattan Institute...

In the News

Audacity without veracity

by Russell Robertsvia Cafe Hayek
Wednesday, March 25, 2009

Two highlights from last night's press conference with the President:...

In the News

Moscow's Expensive Game

with George P. Shultzvia ISN Security Watch
Wednesday, March 25, 2009

In the wake of the Russian Security Council's meeting on 24 March, the body's secretary Nikolai Patrushev announced that Russia would not become involved in any sort of expensive arms race...

In the News

Credit card limit shrinks on customers

with John Shovenvia ABC 7 News (CA)
Wednesday, March 25, 2009

We've been reporting on how credit card interest rates are suddenly going up...

In the News

Getting Off Track

with John B. Taylorvia Reason
Wednesday, March 25, 2009

John B. Taylor, professor of economics at Stanford University, challenges the conventional wisdom that it was an excess of deregulation that precipitated our current financial crisis...

In the News

The Employee Free Choice Act: Free Choice or No Choice for Workers

by Richard A. Epsteinvia Manhattan Institute
Wednesday, March 25, 2009

The National Labor Relations Act of 1935 marked a major departure from common law principles, which were modified but not rejected with the passage of the Taft-Hartley Act in 1947...

In the News

Former GOP insider: Billionaire Boys' Club dismantling public education

with Diane Ravitchvia San Francisco Education Examiner
Wednesday, March 25, 2009

Nationally known education commentator and former privatizer ally Diane Ravitch, a New York-based fellow at the Hoover Institution who was Assistant Secretary of Education in the Bush I administration, has been shifting steadily into the role of resistance leader...

In the News

Taylor Rules

by David R. Henderson with John B. Taylorvia EconLog
Wednesday, March 25, 2009

My book review of John Taylor's latest book, Getting Off Track, appeared on Forbes.com yesterday.

In the News

Nobel Prize Winners Clash on Geithner Plan Prospects

with Michael Spencevia Bloomberg
Tuesday, March 24, 2009

Treasury Secretary Timothy Geithner has a good chance of succeeding with his plan to cleanse banks of toxic assets, says A. Michael Spence, co-winner of the 2001 Nobel Prize in economics...

In the News

John B. Taylor "How Government Interventions Caused the Financial Crisis."

with John B. Taylorvia Reason
Thursday, March 19, 2009

Author John B. Taylor discusses his book "Getting Off Track -- How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis," with Reason.tv's Michael C. Moynihan...