Hoover Daily Report
Featured
Featured

So You Want To Move To California And Buy A Decent Home? Here Is How Much You Need, And Why

by Lee Ohanianvia California on Your Mind
Tuesday, February 19, 2019

In an earlier California on Your Mind column, I discussed how California is ranked 49th among US states in housing affordability, 42nd in public school quality, and 40th in tax rates, all of which negatively affect Californians, particularly those with school-age children.  

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Featured

The Farcical “Green New Deal"

by Richard A. Epsteinvia Defining Ideas
Tuesday, February 19, 2019

This proposal is a grab bag of sophomoric policies designed to placate the radical left.

Featured

Autopsy Of A Dead Coup

by Victor Davis Hansonvia American Greatness
Sunday, February 17, 2019

The illegal effort to destroy the 2016 Trump campaign by Hillary Clinton campaign’s use of funds to create, disseminate among court media, and then salt among high Obama administration officials, a fabricated, opposition smear dossier failed. So has the second special prosecutor phase of the coup to abort the Trump presidency failed.

Featured

‘Bohemian Rhapsody’ — Political Style

by Niall Fergusonvia Boston Globe
Monday, February 18, 2019

Watching the movie “Bohemian Rhapsody” on a long-haul flight last week, I was reminded that brinkmanship was the way Freddie Mercury lived his life — not only his bisexual love life, but also his musical life. It was brinkmanship that led to the release of “Bohemian Rhapsody” as a single. The movie casts Mike Myers as a stereotypical record label executive. “What on earth is it about?” Ray Foster rants incredulously. 

Featured

Area 45: Class Warfare—Teachers Go On Strike With Paul Peterson

interview with Paul E. Petersonvia Area 45
Sunday, February 17, 2019

Why have teachers from coast to coast walked out of their classrooms over the past year to go on strike, and what can be done about it?

Analysis and Commentary
Analysis and Commentary

What Is And Isn’t A Big Deal In Trump’s Executive Actions Related To The Border

by Jack Goldsmithvia Lawfare
Saturday, February 16, 2019

On Feb. 15, President Trump took a number of legal steps, including declaring a national emergency and invoking emergency authorities, in connection with his efforts to construct a wall on the southern border. There are important senses in which Trump’s actions are a big deal, and important senses in which they are not nearly as big a deal as many contend.

Analysis and Commentary

The Grass Is Always Greener -- Unless You're Pandering For Votes

by Bill Whalenvia Forbes
Saturday, February 16, 2019

Sometimes, the best laid plans of scribes and men go awry – this column being a good example. I was prepared to have some fun at the expense of New Jersey Sen. Cory Booker, a vegan and Democratic presidential hopeful who believes that animal agriculture is unsustainable.

Analysis and Commentary

The Strange Paradoxes of Our Age

by Victor Davis Hansonvia National Review
Tuesday, February 19, 2019

From race, to environmentalism, to wealth, the gulf between ideological rhetoric and reality has rarely been wider.

Analysis and Commentary

Green New Deal A Peaen On To Naive Idealism

by Richard A. Epsteinvia Las Vegas Review-Journal
Saturday, February 16, 2019

The highly publicized resolution known as the Green New Deal, inspired by the fevered socialism of Alexandria Ocasio-Cortez, insists that it is “the duty of the federal government to create a Green New Deal.” The proposal will, in time, go down as one of the nuttiest public policy documents ever written in the history of the United States.

Analysis and Commentary

Catherine Semcer On Poaching, Preserves, And African Wildlife

by Russell Robertsvia EconTalk
Monday, February 18, 2019

Catherine Semcer of the Property and Environment Research Center (PERC) talks with EconTalk host Russ Roberts about the role of incentives in preserving wildlife in Africa. The conversation discusses how allowing limited hunting of big game such as elephants and using revenue from hunting licenses to reward local communities for habitat stewardship has improved both habitat and wildlife populations while reducing poaching.

Analysis and Commentary

The Education Exchange: Florida Tax Credit Scholarships Boost College Enrollment

by Paul E. Petersonvia The Education Exchange
Tuesday, February 19, 2019

The Florida Tax Credit (FTC) scholarship program is the nation’s largest private school choice program. A new study finds that students who enroll in private schools through the FTC program are more likely to go to and graduate from college than their public school peers.

Analysis and Commentary

The Green New Deal Presents Americans With A Choice

by Lanhee J. Chenvia Townhall
Tuesday, February 19, 2019

Some in the mainstream media have tried to marginalize the Green New Deal, characterizing it as only relevant to a few politicians on the far left. The reality is very different. The Green New Deal has become the policy manifesto for many prominent Democrats—including most of the leading candidates for president in 2020.

Analysis and Commentary

Abraham Lincoln Schools His Peers: American Presidents Ranked By School Names

by Michael J. Petrillivia Flypaper (Fordham Education Blog)
Monday, February 18, 2019

With President’s Day at hand, we at the Thomas B. Fordham Institute wondered how many public schools honor our former chief executives with their names—and what that might tell us about which presidents we revere.

Analysis and Commentary

Cowen Interview With Jordan Peterson

by David R. Hendersonvia EconLog
Sunday, February 17, 2019

Economist Tyler Cowen recently interviewed Canadian psychologist Jordan Peterson. The audio and transcript are here. My three favorite highlights follow. After that, I’ll say what I wish Tyler had asked about.

Analysis and Commentary

McCloskey On Liberalism

by David R. Hendersonvia EconLog
Friday, February 15, 2019

Concretely I mean that the bizarre 18th-century idea of liberalism—which is the theory of a society composed entirely of free people, liberi, and no slaves—gave ordinary people the notion that they could have a go. And go they did. In the earliest if hesitatingly liberal societies such as Britain and France, and among the liberi in societies still fully dominated by traditional hierarchies such as Russia and much of Italy, or the slave states of the United States, the turn of the 19th century saw a sharp rise of innovation.

Analysis and Commentary

Wisdom From Tony Lip

by David R. Hendersonvia EconLog
Saturday, February 16, 2019

My wife and I went to see the movie Green Book and thoroughly enjoyed it. I highly recommend it. I won’t bother recounting the story; that’s easy to find on line. Instead I want to remark on a line in the movie.

Interviews
Interviews

Ohanian: Green New Deal Is Unrealistic, Socialistic

Friday, February 15, 2019
Hoover Institution, Stanford University

Senior Fellow Lee Ohanian of the Hoover Institution says the Green New Deal cannot be paid for and represents a huge step toward a socialistic, command-driven economy in the United States that would reduce freedom for all individuals.

News
Interviews

Trump’s Declaration Of National Emergency Was Unnecessarily ‘Dramatic’: Victor Davis Hanson

interview with Victor Davis Hansonvia Fox News
Saturday, February 16, 2019

Hoover Institution fellow Victor Davis Hanson discusses that the pending legal battle over the national emergency declared by President Trump may all center around “semantics.” Hanson added that it was “psycho-dramatic” to say that the Constitution is “in danger,” pointing to Obama’s actions on the 2015 Iran Nuclear Deal and DACA.

Interviews

Stanford’s Michael McConnell On President Trump’s Declaration Of A National Emergency

interview with Michael McConnellvia Stanford Law School
Saturday, February 16, 2019

Hoover Institution fellow Michael McConnell discusses the separation of powers, this latest presidential declaration of national emergency, and the law.

Interviews

John Yoo: No Court Has Ever Struck Down A President's Reallocation Authority

interview with John Yoovia Fox News
Friday, February 15, 2019

Hoover Institution fellow John Yoo discusses what qualifies as a national emergency.

Interviews

Samuel Tadros: The Sorrows of Egypt, Revisited

interview with Samuel Tadrosvia Westminster Institute
Thursday, February 14, 2019

Hoover Institution fellow Samuel Tadros discusses whether Egypt still has a place in the US grand strategy.

In the News
In the News

The Case For Trump: Order The New VDH Book Today

featuring Victor Davis Hansonvia National Review
Friday, February 15, 2019

Yours Truly was in the midst of drafting a Corner post about the forthcoming Victor Davis Hanson book when Rush Limbaugh did my work for me by spending a healthy chunk of his program doing the same.

In the News

Trump’s Emergency Declaration, John Yoo’s Take

quoting Jack Goldsmith, John Yoovia Powerline
Monday, February 18, 2019

Over the weekend, I linked to Jack Goldsmith’s article on President Trump’s use of national emergency power to come up with the money to build more border fencing. Goldsmith took no position at this early date on the legality of Trump’s move. However, his initial view is that hysteria over it is misplaced and that Trump’s legal position is plausible.

In the News

Economics To Host Gilligan For BB&T Center For The Study Of Capitalism Lecture

featuring Thomas W. Gilliganvia WKU
Monday, February 18, 2019

Providing an idea of what think tanks do and how they work is the subject of an upcoming lecture by Thomas Gilligan of the Hoover Institute to be held on Thursday, February 21 at 3:30 p.m. in Grise Hall’s Guillaume Auditorium. Gilligan’s lecture is sponsored by the BB&T Center of the Study. Of Capitalism and the public is invited.

In the News

On Retirement: Do Prescription Drug Ads Do More Harm Than Good?

quoting Scott W. Atlasvia Charleston Gazette
Monday, February 18, 2019

Think you are seeing more drug ads on television? You are probably correct. And guess who they are targeting? Us. Older people, that is. Television’s direct-to-consumer drug ads rose by 6.7 percent in 2017 from a year earlier, the most recent data I could find indicates. And the media has proven effective among the elderly, who have the greater therapeutic needs, analysts report.

In the News

Hold The Hysteria Over Trump’s Emergency Declaration

quoting Jack Goldsmithvia Powerline
Saturday, February 16, 2019

President Trump’s decision to declare a national emergency and move funds around to pay for more wall building is certain to be challenged in court. The case almost surely will arrive at the Supreme Court.

In the News

Teaching Digital Subjects Alone Won't Close The Skills Gap

quoting Michael Spencevia Forbes
Monday, February 18, 2019

A British MP talked about something other than Brexit the other week. Conservative MP Robert Halfon was speaking up for children’s education and how he wanted to smash up the current exam system to give young people better skills for their future working lives.

In the News

Park Protection Lawsuit May Have Unexpected Clout

quoting Richard A. Epsteinvia The Chicago Maroon
Monday, February 18, 2019

A lawsuit filed by the environmental advocacy group Protect Our Parks (POP) has gained unexpected traction in its effort to block the arrival of the Obama Presidential Center (OPC) in Jackson Park. Although the suit was not expected to seriously impact proceedings, a flurry of amici curiae (friends of the court) briefs and two ruling delays, most recently on February 14, have raised the question of whether the lawsuit will alter the current course of the OPC. The City approved the OPC’s proposal in May 2018.

In the News

Equality, Inc.

quoting Thomas Sowellvia Townhall
Tuesday, February 19, 2019

LeBron James, worth over $400 million, is now in the “Equality” business. He released his $185 Nike LeBron 16 “Equality Pack” sneakers on MLK Day last month to add to his lucrative collection of sports gear.

In the News

Goldsmith On The Emergency Declaration

quoting Jack Goldsmithvia National Review
Saturday, February 16, 2019

In a post worth reading in full, he knocks down some of the hysteria about this action: Trump’s actions have been greeted with now-familiar claims that he is sparking a constitutional crisis or threatening the rule of law. Considering just the substance of what Trump has done, these are large exaggerations. Everything Trump proposes to do purports to be grounded in congressional statutes and much of what he aims to do does not rely on emergency power.

In the News

George Will: More Government No Answer For Rigged System

quoting Richard A. Epsteinvia The Herald-Dispatch
Saturday, February 16, 2019

Norman Thomas was not easily discouraged. Running for president in 1932, three years into the shattering, terrifying Depression, which seemed to many to be a systemic crisis of capitalism, Thomas, who had been the Socialist Party's candidate in 1928 and would be in 1936, 1940, 1944 and 1948, received, as this column previously noted, fewer votes (884,885) than Eugene Debs had won (913,693) as the party's candidate in 1920, when, thanks to the wartime hysteria President Woodrow Wilson had fomented, Debs was in jail.

In the News

Parties Line Up To Sue Trump On ‘National Emergency’ Declaration

quoting Michael McConnellvia Fortune
Friday, February 15, 2019

Now that he has declared a “national emergency,” all that stands between President Donald Trump and the money he wants to pay for his promised border wall is the American judiciary. And the Constitution. And the attorneys general of California, Nevada, New Mexico and New York. And a vast array of land owners and local governments.

In the News

Why Do People Hate Finance?

quoting Raghuram Rajanvia Forbes India
Monday, February 18, 2019

It's important for young finance professionals to understand the weaknesses of the Indian financial system, for them to take the industry forward.

In the News

Socialism Is Now A Classification That No Longer Classifies

quoting John H. Cochranevia Las Vegas Sun
Tuesday, February 19, 2019

Norman Thomas was not easily discouraged. Running for president in 1932, three years into the shattering, terrifying Depression, which seemed to many to be a systemic crisis of capitalism, Thomas, who had been the Socialist Party’s candidate in 1928 and would be in 1936, 1940, 1944 and 1948, received, as this column previously noted, fewer votes (884,885) than Eugene Debs had won (913,693) as the party’s candidate in 1920, when, thanks to the wartime hysteria President Woodrow Wilson had fomented, Debs was in jail.

In the News

Fact Or Fiction: Cory Booker Says Allowing 50-Year-Olds Into Medicare Will Help Lower Premiums And Save The Government Money

quoting Casey B. Mulliganvia IJR
Thursday, February 14, 2019

Sen. Cory Booker (D-N.J.) claimed on February 4 that allowing 50-year-olds into Medicare would result in lower premiums and saving the government money. Booker is one of several Democrats who embraces “Medicare-for-all,” and he recently announced his bid into the 2020 Democratic presidential race.

In the News

Medicare For All Would Be A Disaster For All

quoting Charles Blahousvia Ricochet
Sunday, February 17, 2019

The Democrats running for president are at it again: they are submitting a completely unrealistic proposal for single-payer health insurance and they aren’t sharing the facts. We must get the word out to everyone that we have to stop this proposal that will take us in a catastrophic direction.

In the News

ACLU Announces Lawsuit Against President Trump For ‘Illegal’ National Emergency

quoting John Yoovia NTD
Saturday, February 16, 2019

The American Civil Liberties Union (ACLU) said it was filing a lawsuit against President Donald Trump following his declaration of a national emergency on Feb. 15.

In the News

Europe’s Challenge Is Decline, Not Trump

quoting Josef Joffevia The Wall Street Journal
Monday, February 18, 2019

[Subscription Required] The greatest mistake Europeans can make is to believe that their biggest problem is Donald Trump. To be fair, it’s an easy error to make. In the long annals of American diplomacy, there’s no previous instance of an American president treating close allies with anything approaching the Trumpian mix of critique and contempt.

In the News

Trump Counting On Supreme Court To Vindicate His Emergency Declaration

quoting John Yoovia New York Magazine
Friday, February 15, 2019

In his strange, rambling, interminable press conference that sorta kinda announced his decision to declare a national emergency so that he can raid military construction accounts for border-wall money, President Trump acknowledged that this move will immediately spur litigation, and even that lower federal courts would initially stymie him. But he expressed confidence that the Supreme Court would eventually back him just as it did in the case of a revised travel ban that had been voided by lower courts.

In the News

Chinese Regime Front Group Infiltrates New York Lunar New Year Parade

quoting Hoover Institutionvia NTD
Saturday, February 16, 2019
The annual Lunar New Year Parade is a celebration of Asian-American culture. It also celebrates the contributions made by Asian-Americans. However, a so-called anti-cult organization recently hired people to hold up Chinese flags behind police barricades along the parade route.
In the News

US Agencies Address Foreign Recruitment Threats

quoting Hoover Institutionvia Chemistry World
Tuesday, February 19, 2019

US federal agencies are targeting international talent recruitment efforts such as China’s ‘Thousand Talents’ programme after an increasing number of warnings that the nation’s universities and government research facilities are vulnerable to intellectual property theft by hostile foreign governments.

Bank Vault
In the News

Commentary: Bike-Sharing E-Wallets, Peer-To-Peer Lending And The Astronomical Rise Of Shadow Banking

mentioning Amit Seru via Channel NewsAsia
Sunday, February 17, 2019

When many Singaporeans lost their deposit to oBike after news of its ghastly exit rocked the nation, consumers awoke to the risks of putting money into an e-wallets and the possibility that they might find theirs emptied all of a sudden, with little recourse for help.