Hoover Daily Report
Featured
Featured

Keep Your Tariffs Off My Harley

by Edward Paul Lazearvia The Wall Street Journal
Monday, August 27, 2018
The problem is the tariffs, not Harley-Davidson’s response.
Featured

The Supreme Court’s Union Decision Can Dramatically Improve California’s Education System

by Lee Ohanianvia California on Your Mind
Tuesday, August 28, 2018

The recent Supreme Court decision on Janus vs. ASFCME ruled that collecting public-sector union fees from employees who are not union members violates their First Amendment rights. The majority opinion interprets public-sector unions as political organizations in which effectively all union activity has significant political implications.

Featured

A Post-Trump World?

by Victor Davis Hansonvia National Review
Tuesday, August 28, 2018

Removing him would only make things worse — for his opponents & the nation.

Featured

Post-Apocalyptic Health Care

by John H. Cochrane via Grumpy Economist
Monday, August 27, 2018

Post-apocalyptic life in American health care is a fantastic blog post on the state of American health care and insurance. (HT Marginal Revolution) Bottom line: American health care organizations can no longer operate systematically, so participants are forced to act in the communal mode, as if in the pre-modern world.

Analysis and Commentary
The Classicist with Victor Davis Hanson:
Analysis and Commentary

The Classicist: The Divided States Of America

interview with Victor Davis Hansonvia The Classicist
Tuesday, August 28, 2018

What’s driving the growing tension between red state America and blue state America?

Analysis and Commentary

The Diversity Of Illegal Immigration

by Victor Davis Hansonvia Eureka
Thursday, August 23, 2018

I live on a farm beside a rural avenue in central California, the fifth generation to reside in the same house. And after years of thefts, home break-ins, and dangerous encounters, I have concluded that it is no longer safe to live where I was born. I stay because I am sixty-five years old and either too old to move or too worried about selling the final family parcel of what was homesteaded in the 1870s.

Analysis and Commentary

California Flies Blind On Testing: The Troubling Saga Of The State’s ‘Smarter Balanced Test’

by Williamson M. Evers, Ze’ev Wurmanvia Defining Ideas
Tuesday, August 28, 2018

From 1999 to 2013, California had a standard test (STAR – Student Testing And Reporting) to assess our students on California Standards in English Language Arts, Math, the Sciences, and Social Sciences. Within its first few years, the test format stabilized, and for the rest of its life, it remained essentially unchanged -- regularly releasing a fraction of its items to educate the students and parents about the expectations from our students and offering stable longitudinally comparable scaled scores.

Analysis and Commentary

What Next For The US Stock Market?

by Martin Feldsteinvia Project Syndicate
Tuesday, August 28, 2018

August 22 marked the longest period of rising share prices in US history. But the stock market's nine-year bull run won't last much longer, as three factors drive up long-term interest rates, reducing the present value of future corporate profits and providing investors with an alternative to equities.

Analysis and Commentary

EU Court Falls Short On Both Logic And The Law

by Henry I. Miller, Drew L. Kershenvia Investors Business Daily
Monday, August 27, 2018

"The law is an ass" is an observation made popular by Charles Dickens in "Oliver Twist" (1838). Never was it more true 180 years later, when, on July 25, 2018, the Court of Justice of the European Union (CJEU) ruled that the modern techniques of genetic breeding of crops and animals are subject to the EU regulations that govern so-called "GMOs," genetically modified organisms.

Analysis and Commentary

'Education Runs On Lies'

by Williamson M. Eversvia The Washington Times
Monday, August 27, 2018

Arne Duncan’s memoir of his experience as U.S. secretary of Education under President Barack Obama draws you in because he acknowledges that K-12 education in America is built on a tissue of lies. His opening sentence is: “Education runs on lies.” But all too often he himself falls into misstatements, delusions and omissions of needed facts. Blinders made out of his beliefs block him from facing reality.

Analysis and Commentary

Buckley On Churchill

by David R. Hendersonvia EconLog
Monday, August 27, 2018

As I mentioned in a previous post, earlier this summer I read large parts of A Torch Kept Lit, William F. Buckley Jr.’s book of obituaries of the famous and not so famous. I had planned to post on his obituary of Winston Churchill, which I found, not being a big fan of Churchill myself, pleasantly surprising.

Interviews
The Federal Reserve
Interviews

Law Talk With Richard Epstein: Ask The Professors

interview with Richard A. Epsteinvia Law Talk
Tuesday, August 28, 2018

Hoover Institution fellow Richard Epstein discusses Michael Cohen’s guilty plea and the Mueller investigation; why occupational licensing isn't covered by the Full Faith and Credit Clause; and whether the Federal Reserve is constitutional, and much more.

Interviews

Q&A With Michael McFaul

interview with Michael McFaulvia Knight-Hennessy Scholars
Monday, August 27, 2018

Hoover Institution fellow Michael McFaul talks about the Knight-Hennessy Scholars program and their multidisciplinary collaborative approach to problem solving.

Interviews

Taiwan Should ‘Play For Time,’ Larry Diamond Says

interview with Larry Diamondvia Taipei Times
Tuesday, August 28, 2018

Hoover Institution fellow Larry Diamond discusses the Democratic Progressive Party government’s pursuit of transitional justice and its approach to cross-strait ties arguing for a more arbitrational approach to party assets, while warning against action that might provoke China.

Interviews

Paul Gregory: Are Americans Changing The Way We Think About Socialism?

interview with Paul R. Gregoryvia Texas Public Radio
Sunday, August 26, 2018

Hoover Institution fellow Paul Gregory discusses the shifting perspectives on capitalism and socialism in the US, as well as the different interpretations of socialism in foreign countries.

In the News
In the News

Classic Thomas Sowell From 2012 On The Fallacy Of Redistribution

featuring Thomas Sowellvia American Enterprise Institute
Monday, August 27, 2018

While reviewing some old posts from 2012, I came across a CD post with a great quotation from Thomas Sowell on the “fallacy of redistribution,” which generated nearly 400 comments below the original post (might be a CD record for comments?). So here’s a re-post of Thomas Sowell in 2012 explaining why redistribution fails (emphasis added), which is particularly relevant now that democratic socialists like Alexandria Ocasio-Cortez are proposing to fund their socialist pipe dream by raising the taxes on the “ultra-wealthy” to make them pay their “fair share.”

In the News

Why Doesn't A Candidate Get The Job?

quoting Steven J. Davisvia Petoskeynews.com
Tuesday, August 28, 2018

Being ready for the career or job you want is the most important aspect of obtaining the position. It remains true that your appearance, your desire to work, your ability to communicate, and your positive attitude are most important. I often hear from business people that if a person shows up for an interview with these soft skills, the company would hire them and train the specific skills needed to perform the job.

In the News

Medicare-For-All Would Be Costly For Everyone

quoting Charles Blahousvia Bloomberg
Monday, August 27, 2018

Big across-the-board tax increases are the only way to pay for universal government health insurance.

In the News

Americans Must Grapple With The Continuing Growth In U.S. Spending And Debt

quoting David Davenportvia MinnPost
Monday, August 27, 2018

For the last decade or so, I have become increasingly concerned about the federal debt, now estimated to be $21.13 trillion. It is an issue one does not hear much about in the 2018 campaigns, in large part because the voters have not demanded clarity on ways to address annual deficits and the long-term federal debt.

In the News

Wednesday Assorted Links

mentioning Lee Ohanian, Hoover Institutionvia Marginal Revolution
Wednesday, August 15, 2018

Lee Ohanian and Hoover have a new blog: California on Your Mind.