Hoover Daily Report
Featured
Featured

The Economic Trap Of “Medicare For All”

by Richard A. Epsteinvia Defining Ideas
Monday, August 5, 2019

The $40 trillion program will reduce consumer health care options and compromise care.

Featured

Trump’s Crazy Tariffs Have Outfoxed The Fed

by Niall Fergusonvia Boston Globe
Monday, August 5, 2019

There was a time, in the aftermath of the financial crisis, when central bankers were “the only game in town.” In a book with that title, published in January 2016, economist Mohamed El-Erian warned that, with their exotic crisis-fighting measures —zero interest rates, quantitative easing, forward guidance — the central bankers risked over-reaching.

Featured

Area 45: Brady And Rivers On The State Of The Presidential Race

interview with David Brady, Douglas Riversvia Area 45
Monday, August 5, 2019

What post-debate polling suggests about the effectiveness of the candidates’ messaging and how the tragedy in El Paso factors into national politics.

Featured

Deconstructing Kamala Harris’s “Medicare For All” Plan

by Lee Ohanianvia California on Your Mind
Tuesday, August 6, 2019

California senator and presidential candidate Kamala Harris just released her “Medicare for All” plan. Some claim her plan, which retains private insurance, is better than Bernie Sanders’s plan, which eliminates private insurance. But the economics of Harris’s plan shows that private insurance has no significant role in “Medicare for All,” even if it is advertised that way.

Featured

New Book: “China's Influence And American Interests”

Tuesday, August 6, 2019
Hoover Institution, Stanford University

While Americans are generally aware of China’s ambitions as a global economic and military superpower, few understand just how deeply and assertively that country has already sought to influence American society.

Press Releases
Analysis and Commentary
Analysis and Commentary

California Shows Us How Not To Teach History

by David Davenportvia The Washington Examiner
Tuesday, August 6, 2019

Former President Jimmy Carter famously said, “Whatever starts in California unfortunately has an inclination to spread.” If that's true, then beware the California Board of Education’s newly drafted “Model Ethnic Studies Curriculum” and hope that it is not coming soon to a school near you.

Analysis and Commentary

Democrats’ Debate Cowardice, Hypocrisy, And Nuttiness

by Victor Davis Hansonvia National Review
Tuesday, August 6, 2019

Half of the Democratic 20-person primary field in the debates appeared unhappy, shrill, and self-righteous, and determined that no candidate should out-left any other.

Analysis and Commentary

The Supreme Court And The Schools

by Michael McConnellvia Education Next
Monday, August 5, 2019

The Schoolhouse Gate, by University of Chicago law professor Justin Driver, is the first book to provide close descriptions of the Supreme Court’s major cases involving public education across the issues of race, religion, speech, funding, gender, and student discipline.

Analysis and Commentary

Neil DeGrasse Tyson Is Correct About The Numbers

by David R. Hendersonvia EconLog
Monday, August 5, 2019

Numeracy Matters. Yesterday, science writer Neil deGrasse Tyson tweeted: In the past 48hrs, the USA horrifically lost 34 people to mass shootings. 

Analysis and Commentary

Waiting For Godot With American Characteristics For The Modern Era

by Alvin Rabushkavia Thoughtful Ideas
Monday, August 5, 2019

The Inspector General’s report on the origins of the Russian Collusion story (e.g., the FISA court warrants) was imminent last spring, definitely in June, for sure in July, well past due in August, now unquestionably due in September.

Analysis and Commentary

Tyler Cowen's Failed Critique Of Cuts In State Funding

by David R. Hendersonvia EconLog
Monday, July 29, 2019

While I was on vacation up at my cottage in Canada, Tyler Cowen wrote a piece on the Bloomberg site that made a case for not cutting taxpayer subsidies to Alaska’s universities.

In the News
In the News

The Bond Market Has A Message For The Fed: You’re Not In Charge Anymore

quoting John H. Cochranevia Fortune
Tuesday, August 6, 2019

So much for looking to the Fed for salvation. On July 31 at the Federal Reserve's regular post-meeting press briefing, Chairman Powell announced a widely expected 25 basis points cut in the benchmark rate to 2.25%, the first reduction in over a decade.

In the News

“Free Everything” And The First Law Of Politics

quoting Thomas Sowellvia Foundation of Economic Education
Tuesday, August 6, 2019

Entrepreneurs do a much better job than politicians at alleviating scarcity through efficient, value-creating production.

In the News

Pompeo Makes History In Pohnpei, Courts Pacific Allies

quoting Elizabeth Economyvia Gulf News
Monday, August 5, 2019

Mike Pompeo became the first US Secretary of State to visit Micronesia Monday, as Washington’s signalled a renewed interest in its Pacific allies, no matter how small, in the face of regional competition with China.

In the News

Ethnic Studies Curriculum Will Teach Children Capitalism Equal To ‘Racism’ And ‘Oppression’

quoting Williamson M. Eversvia Breitbart
Monday, August 5, 2019

The California Education Department’s model Ethnic Studies Curriculum plans to teach children capitalism is a “system of power” and “oppression,” equal to “white supremacy,” “patriarchy,” and “racism.”

In the News

8chan Is All The Way Down—“It’s DNS. It’s Always DNS.”

quoting Alex Stamosvia Ars Technica
Monday, August 5, 2019

To find the what, why, and where of a dead site, you start with its DNS.

In the News

Junk The Ethnic Studies Model Curriculum Plan

mentioning Williamson M. Eversvia Fox and Hounds Daily (CA)
Tuesday, August 6, 2019

Bravo to the Los Angeles Time editorial writers for coming down against the one-sided proposal on how to teach California students “ethnic studies.” The Times editorial follows by a few days an op-ed in the Wall Street Journal by Williamson M. Evers, a research fellow at the Hoover Institution at Stanford University, which hit the proposal equally as hard.

In the News

Right-To-Work Would Bolster Maine’s Manufacturing Sector

mentioning Hoover Institutionvia The Maine Wire
Monday, August 5, 2019

The decline of Maine’s manufacturing sector, whose workforce has shrunk by nearly half since the early 1990s, can seem inexorable, the unavoidable consequence of automation and globalization. In some ways, state policymakers can do little to resist these broader trends. Yet there are policies Maine could implement to re-invigorate our manufacturing industry. Perhaps the most important: Right-to-work legislation.