Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

The Supreme Court's Chance To Limit Special Taxes

by Richard A. Epsteinvia Forbes
Tuesday, February 17, 2009

In 1819, John Marshall penned this famous warning in McCulloch v. Maryland: “An unlimited power to tax involves, necessarily, a power to destroy.”...

Analysis and Commentary

An Unknown Epidemic

by Henry I. Millervia Wall Street Journal Asia
Tuesday, February 17, 2009

China has an unenviable record on international public health cooperation, to put it kindly...

Analysis and Commentary

No Stimulus For R&D

by Henry I. Millervia Forbes
Friday, February 13, 2009

Congress continues to show that it cares more about perception than performance, more about public relations than the public...

Analysis and Commentary

Pride and Compromise

by Shelby Steelevia New York Times Book Review
Thursday, February 12, 2009

To belong to an oppressed group always meant that you could not pursue your self-interest by acting directly on the world...

In the News
In the News

Genetic Engineering Offers Promise for Better Approach to Biofuels

with Henry I. Millervia Environment and Climate News (Heartland Institute) (IL)
Sunday, March 1, 2009

Genetic alteration of woody plant material may allow for more efficient and economical biofuel production, according to research being conducted by separate teams of scientists at Penn State and Mississippi State universities...

In the News

California Ignores Scientists, Tightens Diesel Emission Rules

with Henry I. Millervia Environment and Climate News (Heartland Institute) (IL)
Sunday, March 1, 2009

The California Air Resources Board has imposed new regulations on diesel truck emissions, substantially reducing the amount of fine particulate matter diesel trucks will be allowed to emit...

In the News

Divorce during a recession

with Gary S. Beckervia Lawyers Weekly (Canada)
Friday, February 20, 2009

As the economic situation worsens, couples across the country — and their lawyers — face an interesting question...

In the News

Tax cuts to promote economic recovery

with John B. Taylorvia Australian
Wednesday, February 18, 2009

THIS newspaper has, with some reservations, supported the Rudd Government's budget stimulus packages...

In the News

For Education Chief, Power and Risk in Stimulus

with Chester E. Finn Jr.via New York Times
Tuesday, February 17, 2009

The $100 billion in emergency aid for public schools and colleges in the economic stimulus bill could transform Arne Duncan into an exceptional figure in the history of federal education policy: a secretary of education loaded with money and the power to spend large chunks of it as he sees fit...

In the News

Ferguson and Long on Obama, Lincoln, and More: Chapter 2 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Tuesday, February 17, 2009

Ferguson and Long compare and contrast the experience and character of Obama and Lincoln...

In the News

Education Next: Public School Teacher Retirement Costs Significantly Higher than in Private Sector

with Education Nextvia Business Wire
Tuesday, February 17, 2009

Analysis of new data from the U.S. Department of Labor shows that employer contributions to retirement benefits for public school teachers in 2008 were substantially higher than for private professionals, a group that includes lawyers, physicians, financial managers, engineers, computer programmers, and others...

In the News

Bankrupt Britain: Europe Blames America While U.K Warned of Bankruptcy

with Niall Fergusonvia Market Oracle (U.K.)
Monday, February 16, 2009

Niall Ferguson, respected economic historian, warns of other European countries facing an Iceland style bankruptcy...

In the News

Are Unions Still Necessary? A Conversation With Labor Specialist Richard Epstein

with Richard A. Epsteinvia Wrap (CA)
Monday, February 16, 2009

Richard Epstein, professor of law and director of the Law and Economics Program at the University of Chicago, has written columns arguing against the Card Check bill for Forbes and the Wall Street Journal, calling the bill "unconstitutional" and "a job killer of the first magnitude."...

In the News

Bhide on Outsourcing, Uncertainty, and the Venturesome Economy

by Russell Robertsvia EconTalk
Monday, February 16, 2009

Amar Bhidé, of Columbia University and author of The Venturesome Economy, talks with EconTalk host Russ Roberts about the role of entrepreneurship and innovation in a global economy...

In the News

The Stimulus: Part One

by Alvin Rabushka with Robert J. Barrovia Thoughtful Ideas
Monday, February 16, 2009

Gallons of metaphorical ink have been shed on the stimulus bill, H.R. 1, that President Obama signed into law on February 17, 2009...

In the News

How Ian McEwan hid Rushdie after fatwa

with Timothy Garton Ashvia First Post (UK)
Monday, February 16, 2009

It is well-known that Ian McEwan (pictured) is a close friend of Salman Rushdie, but in the March issue of the New Yorker he shows the extent of this friendship, revealing that it was to his house in the Cotswolds that the author fled the day the fatwa was pronounced upon him 20 years ago by the Iranian leader Ayatollah Khomeini for his book The Satanic Verses...

In the News

EDITORIAL: Santa Claus

with Robert J. Barrovia Las Vegas Review-Journal
Monday, February 16, 2009

Like children rushing from bed at the crack of dawn on Christmas morning in a frenzy of anticipation about what awaits them under the tree, Nevada politicians could barely contain their glee over the state's haul in the federal "stimulus" package...

In the News

As Talks Restart, SAG's Future Hangs in the Balance

with Richard A. Epsteinvia Wrap (CA)
Monday, February 16, 2009

It’s go day for the Screen Actors Guild...

In the News

Ferguson and Long on Obama, Lincoln, and More: Chapter 1 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Monday, February 16, 2009

Andrew Ferguson and Rob Long compare and contrast the rhetoric of Barack Obama and Abraham Lincoln...

In the News

How much will we really get in the stimulus package?

with John B. Taylorvia Florida Times-Union
Sunday, February 15, 2009

In the countryside, money is scarce, bridges are deteriorating and plans for cleaner drinking water could come to a halt...

In the News

Viewpoints: Fiscal reality points to an austere future

with Niall Fergusonvia Sacramento Bee
Sunday, February 15, 2009

Cash-strapped officials in communities throughout California are anxiously cobbling together midyear packages of spending cuts and revenue enhancements in hopes of keeping civic body and soul together until …

In the News

Hurdles for a Plan to Turn Catholic Classrooms Into Charter Schools

with Chester E. Finn Jr.via New York Times
Sunday, February 15, 2009

To the Roman Catholic bishop of Brooklyn, it seemed like an act of salvation on par with Noah and the ark. Mayor Michael R. Bloomberg heralded it as a “win-win situation.”...

In the News

A Financial History of the World

with Niall Fergusonvia Seeking Alpha
Saturday, February 14, 2009

Niall Ferguson has been getting a lot of press recently...

In the News

Many Orleans schools have lack of veteran teachers

with Diane Ravitchvia Times-Picayune (LA)
Saturday, February 14, 2009

In his first days as a teacher at New Orleans' Carver High School, Colleston Morgan encountered security guards who occasionally mistook him for a student, communication barriers and students who were not only taller than him but, in one case, older...

In the News

Epstein warns group of conservatives against a non-interventionist Supreme Court

with Richard A. Epsteinvia Arizona Capitol Times
Friday, February 13, 2009

Long-time supporters and patrons of the Goldwater Institute, an Arizona-based conservative think-tank, gathered Feb. 4 with great anticipation to meet Richard Epstein, the “rock star of legal scholarship.”...

In the News

No one should watch while laws or sausages get made

with Robert J. Barrovia Motley Fool
Friday, February 13, 2009

Investor's Business Daily published an interesting editorial today that agrees with my stance that the government stimulus package which is about to pass will not be effective in reviving our slowing economy...

In the News

Readying the Regulatory Anti-Stimulus

with Henry I. Millervia Shop Floor (National Association of Manufacturers)
Friday, February 13, 2009

From Forbes, “No Stimulus for Science,” a plea for rational risk and cost-benefit analysis in regulations by Henry I. Miller, a physician and molecular biologist and a fellow at Stanford University’s Hoover Institution:...

In the News

Inside Obama's economic crusade

with John B. Taylorvia CNN
Friday, February 13, 2009

On a day in early February when incoming White House officials under previous administrations would have just been learning how to use their office phones, the Obama economic team is already racing against the clock...

In the News

Denis MacShane: In search of a European book culture

with Timothy Garton Ashvia Independent (UK)
Friday, February 13, 2009

How does one create a book prize at the European level?...

In the News

Busch: Will G7 Repeat History?

with Niall Fergusonvia CNBC
Friday, February 13, 2009

The G7 meets today in Rome amidst a world economy that is in tatters and a rise in overt/covert protectionism...

In the News

New Website Provides Tool for Teaching Democracy in America's Schools

with Diane Ravitchvia News Blaze (CA)
Thursday, February 12, 2009

On this Presidents' Day weekend, few Americans will take time to reflect on what makes our democracy work and the importance of democracy in shaping world events...