Read recent essays on China. Visit think-tank public symposia. Hear out military analysts. Talk with academics and media pundits. Listen to Silicon Valley grandees. Watch Senate speeches and politicians interview on television.
Legislation banning companies from purchasing their own shares, or conditioning buybacks on investment in workers, would not significantly alter the distribution of wealth. What it would do is undermine the broad cooperation needed to tackle income inequality and a fast-changing labor environment.
Last summer, we reported that one fifth of firms in the July Survey of Business Uncertainty (SBU) were reassessing capital expenditure plans in light of then-recent tariff hikes and retaliation concerns. Roughly 6 percent had already cut or deferred capital spending as a result of tariff worries.
The Hoover Institution's “Governance in an Emerging New World” series, organized by former secretary of state George Shultz, has traversed different regions of the world to address the challenges of rapid development. Monday’s event, the seventh in the series, specifically focused on the state of military technological innovation in the United States and China, and addressed its implications for a changing strategic dynamic in the global sphere.
I’m not giving anything away in saying that the winner of best picture in last night’s Oscars, Green Book, was about a white driver driving a black musician around the southern United States and that there really was a Green Book, published annually, that told black people where they go in various states (not just in the South) to eat a meal or stay overnight. It sold millions of copies.
Forty-four million plus immigrants constitute over 14% of the U.S. population, the highest share since 14.8% in 1890 and 14.7% in 1910 The current percentage is triple that of the low of 4.7% in 1970. Every year a million immigrants obtain lawful resident status in the U.S. Half of all children born in the U.S. are offspring of immigrants.
Hoover Institution fellow Raghuram Rajan discusses the importance of democracy to the success of capitalism as well as the danger of economic inequality. Rajan also talks about the effect of trade on jobs and notes that people need to feel they have a chance to succeed.
Hoover Institution fellow John Yoo discusses whether the full Mueller report should be made available to the public. Yoo notes that it is up to the attorney general as to how much of the report will be made public.
The Taylor Rule is an interest rate forecasting model invented by famed economist John Taylor in 1992 and outlined in his 1993 study, "Discretion Versus Policy Rules in Practice." It suggests how central banks should change interest rates to account for inflation and other economic conditions.
Markets endanger themselves when they stop working for the broader citizenry, because it may rise up to shut them down. Today, some people are disenchanted because they feel large firms are closing opportunities for small firms and individuals. Others are angry because they have suffered painful losses of wealth and incomes and see little support forthcoming from the community or state.
There’s no doubt that the current aim of higher education – “reproduction of ideology and the formation of like-minded political activists” – is harming America and the students and taxpayers who pay vast sums to these indoctrination factories.
University of California, Berkeley law professor and former Deputy Assistant Attorney General John Yoo predicted Monday that the upcoming Mueller report will likely “clear” President Donald Trump of any violations of federal law.
The New York Times reports that China’s leader, Xi Jinping, abruptly summoned hundreds of officials to Beijing recently. He did so, says the Times, in order to convey a sense of “anxious urgency.” The Communist Party, Xi told the officials, faces major risks on all fronts and must batten down the hatches.
There’s nothing illegal about taxing tourists renting cars in Arizona to pay for sports complexes in Pima and Maricopa counties, the state Supreme Court ruled today. All seven justices agreed with the state Department of Revenue that it’s legally irrelevant that the majority of the tax is paid by out-of-state visitors. They said that does not make it illegally discriminatory.
Overwhelmingly white school districts received $23 billion more than predominantly nonwhite school districts in state and local funding in 2016, despite serving roughly the same number of children, a new report finds.
John Yoo, professor of law at UC Berkeley, has published the thorough treatise, “The Law Will Be on Trump’s Side If He Declares an Emergency to Fund His Wall,” this month in the National Review. Pursuing Yoo’s argument to the end suggests the U.S. Supreme Court’s final decision will rest with Chief Justice John Roberts.