Hoover Daily Report
Featured
Featured

“The Integrity Of The High School Diploma Is At-Risk”—Hoover Education Success Initiative Releases Policy Briefing Exploring America’s “Diploma Dilemma”

Tuesday, February 11, 2020
Hoover Institution, Stanford University

With state legislative sessions in full swing across the country, the Hoover Education Success Initiative (HESI), a newly formed research program at Stanford University’s Hoover Institution, has released “The Diploma Dilemma”—a policy brief that details how high school graduation rates continue to rise even as overall academic and career skill attainment remain flat.

News
Featured

Rent Control Laws Are Unconstitutional

by Richard A. Epsteinvia Defining Ideas
Monday, February 10, 2020

New York’s new rent stabilization law shows the peril of heavy-handed government regulation

Featured

Republican Lawmakers Work To Reverse California’s Anti–Independent Contractor Law

by Lee Ohanianvia California on Your Mind
Tuesday, February 11, 2020

As more Californians lose work because of Assembly Bill 5 (AB 5), the new ban on some independent contractor relationships, the California Senate Republican Caucus and Republicans in the California State Assembly are introducing bills to stop this new law from doing more damage. 

Featured

Learning To Live With Despots

by Stephen D. Krasner quoting Larry Diamondvia Foreign Affairs
Monday, February 10, 2020

[Subscription Required] Throughout its history, the United States has oscillated between two foreign policies. One aims to remake other countries in the American image. The other regards the rest of the world as essentially beyond repair. 

Featured

A New Way To Help The Homeless

by Michael S. Bernstamvia PolicyEd
Tuesday, February 11, 2020

One novel idea to help the homeless is to house them in group quarters run by licensed professionals.

Analysis and Commentary
Analysis and Commentary

Are Large Deficits And Debt Dangerous?

by Michael J. Boskinvia Analysis
Tuesday, February 11, 2020

The Traditional View (TV) of large deficits and debt is they have large economic costs, save in a recession and early recovery, because they crowd out investment and lower future income, and taken to extremes, can cause inflation and even a financial crisis.

Analysis and Commentary

A Fiscal Theory Of Monetary Policy With Partially-Repaid Long-Term Debt

by John H. Cochranevia Analysis
Tuesday, February 11, 2020

I construct a simple model with sticky prices and interest rate targets, closed by fiscal theory of the price level with long-term debt and fiscal and monetary policy rules. Fiscal surpluses rise following periods of deficit, to repay accumulated debt, but surpluses do not respond to arbitrary unexpected inflation and deflation, so fiscal policy remains active. 

Analysis and Commentary

Senators Hail Their Emperor, But Trump's No Shoo-In For A Second Term

by Niall Fergusonvia Boston Globe
Monday, February 10, 2020

The eventual Democratic nominee will have at least some chance of beating Trump.

Analysis and Commentary

The Coronavirus Is A Stress Test For Xi Jinping

by Elizabeth Economyvia Foreign Affairs
Monday, February 10, 2020

[Subscription Required] On February 4, Cui Tiankai, China’s ambassador to the United States, prepared to address an audience of students, scholars, and businesspeople in San Diego, California. Before the ambassador could speak, a young Chinese man stood up and yelled, “Xi Jinping, step down!” Security quickly whisked the man away, and the event went on.

Analysis and Commentary

Limbaugh: A Genius At Radio

by Victor Davis Hansonvia National Review
Tuesday, February 11, 2020

His ‘army of one,’ inspiring millions who’d been ignored, changed the political landscape.

Analysis and Commentary

New Hampshire – And Same Old Anxiety For Democrats?

by Bill Whalenvia Forbes
Monday, February 10, 2020

Unless one of the Democratic presidential candidates does something truly suicidal in the next 24 hours – i.e., fly in Joaquin Phoenix to discuss the anthropological arrogance of cow’s milk with Connecticut River Valley dairy farmers – here are some New Hampshire primary focal points.

Analysis and Commentary

The Cow Dung Cure For Coronavirus

by Tunku Varadarajanvia The Wall Street Journal
Monday, February 10, 2020

Indian nationalists peddle something worse than snake oil.

Analysis and Commentary

A Nice Immigration Story

by David R. Hendersonvia EconLog
Monday, February 10, 2020

Last year a friend of mine married a woman from Brazil and, of course, he wanted to help her get her green card. I had gotten to know and like her and my friend asked me if I would write a letter, and get it notarized, to vouch for her as basically a good person and theirs as a good marriage. That certainly fit my perceptions of the case and so I was happy to do it.

Analysis and Commentary

The Problem With Phony Rights

by David R. Hendersonvia EconLog
Tuesday, February 11, 2020

How can treating electricity as a right undermine the aim of universal access to reliable electricity? We argue that there are four steps.

Interviews
Interviews

Andrew Roberts: Secrets Of War Leadership

interview with Andrew Robertsvia History Extra Podcast
Monday, February 10, 2020

Hoover Institution fellow Andrew Roberts discusses some of the greatest and most nefarious war leaders of the past – including Napoleon, Hitler, Churchill and Eisenhower – and considers what traits they shared.

In the News
In the News

As The Smoke Clears, Here’s What We Now Know

quoting Victor Davis Hansonvia World Tribune
Monday, February 10, 2020

With impeachment over, at least for now, and the investigation into the origins of the Trump-Russia hoax continuing, Americans may soon learn that no one is above the law — “most certainly not a group of smug and mediocre apparatchiks who assumed they had the moral right to destroy a presidential candidate and later an elected president,” historian and columnist Victor Davis Hanson wrote.

In the News

White House Budget Plan Would Not Eliminate Deficit Over Next 10 Years

quoting Kevin Hassettvia ABC 57
Monday, February 10, 2020

The White House is preparing to present a budget that would not eliminate the federal deficit in the next 10 years, according to a summary of the plan obtained by CNN Sunday night.

In the News

How To Help Your Kids Find Their Calling In Life: 4 Secrets From Research

cited William Damonvia The Ladders
Sunday, February 9, 2020

In prior centuries, life was simpler for young people. Not necessarily better, mind you, but definitely simpler.