Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Ben-Gad And The Minotaur

by John H. Cochranevia Grumpy Economist
Monday, July 27, 2015

Michael Ben-Gad has a smashing review, "Into the Labyrinth", of Yanis Varoufakis' The Global Minotaur (Disclaimer: I have not read it and don't intend to.) It's a great piece of writing as well as a cogent analysis.

Analysis and Commentary

Hillary Clinton’s Upside Down Tax Reforms

by Richard A. Epsteinvia Defining Ideas
Monday, July 27, 2015

She fundamentally misunderstands how capital and labor markets function.

Immigration
Analysis and Commentary

Documented Irresponsibility

by Thomas Sowellvia Creators Syndicate
Tuesday, July 28, 2015

People who entered the United States illegally may be called "undocumented" in politically correct circles, but what is all too well documented is the utter irresponsibility of both political parties in dealing with immigration issues.

Analysis and Commentary

More Weak Arguments For The Illegality Of The Iran Deal

by Jack Goldsmithvia Lawfare
Monday, July 27, 2015

David Rivkin and Lee Casey maintain in the WSJ that the Iranian Nuclear Deal “is unconstitutional, violates international law and features commitments that President Obama could not lawfully make,” and that “state and local Iran-related sanctions” might “set off a legal clash over American domestic law and the country’s international obligations” that could “prompt the deal to unravel.”

Education and testing
Analysis and Commentary

Public Supports Testing, Opposes Opt-Out, Opposes Federal Intervention

by Paul E. Peterson, Martin R. Westvia EducationNext
Tuesday, July 28, 2015

Testing and accountability have become a focal point of the congressional debate over the new federal education bill designed to replace No Child Left Behind (NCLB), originally scheduled to expire in 2007. The Senate and the House have each passed a bill revising the law, but disagreement persists on a key testing provision.

Analysis and Commentary

Other Unclassified Databases The Chinese Are Probably Stealing

by Benjamin Wittesvia Lawfare
Monday, July 27, 2015

Let's play a game called, "If I were the PLA, I'd Spy With My Little Eye." Ever since the OPM hack, I've been thinking about other unclassified government databases a foreign intelligence service that wants OPM data, trade secrets, and Anthem health records would likely find attractive.

Analysis and Commentary

The Shadow of Yalta

by Russell A. Bermanvia Defining Ideas
Tuesday, July 28, 2015

The Iran deal, like Roosevelt’s with the Soviets, will weaken America abroad and give an archrival regional hegemony. 

Analysis and Commentary

More Videos From The Aspen Security Forum

by Benjamin Wittesvia Lawfare
Monday, July 27, 2015

I posted a first batch last week. Here are the rest of the videos from this year's Aspen Security Forum.

Analysis and Commentary

The Best US Database To Hack? A Lawfare Contest

by Benjamin Wittes, Paul Rosenzweigvia Lawfare
Tuesday, July 28, 2015

Yesterday, each of us considered the question of which unclassified databases in the US would be worth it for the Chinese to hack next.

Analysis and Commentary

The Obama Administration’s Chicago Politics

by Victor Davis Hansonvia National Review
Tuesday, July 28, 2015

“If they bring a knife to the fight, we bring a gun.” Barack Obama is the first American president from Chicago. That fact will be the trailblazing Obama’s most lasting legacy.

Analysis and Commentary

Blahous, Fichtner On Medicare And Social Security Trustees Report

by Charles Blahous, Jason J. Fichtnervia Mercatus Center
Monday, July 27, 2015

The Medicare and Social Security annual report, released yesterday, shows that the insolvency date for the Social Security Disability Insurance (DI) trust fund remains unchanged at 2016. While the fundamental outlook remains materially unchanged for both the Social Security Old Age and Survivors Insurance (OASI) trust fund and the combined (OASDI) trust funds, another year has been lost to inaction.

Analysis and Commentary

Five Lessons On The 'Security Of Things' From The Jeep Cherokee Hack

by John Villasenorvia Forbes
Monday, July 27, 2015

Last week, Wired published an account describing how two security researchers, Charlie Miller and Chris Valasek, were able to wirelessly hack into a Jeep Cherokee, first taking control of the entertainment system and windshield wipers, and then disabling the accelerator.

Interviews
Bruce Thornton
Interviews

Bruce Thornton On The I Spy Radio Show

interview with Bruce Thorntonvia I Spy Radio
Sunday, July 26, 2015

Hoover Institution fellow Bruce Thornton discusses the seeds of the Reagan Revolution and the expanding role of conservatives and evangelicals.

Federal Reserve
Interviews

Tim Kane: Has The Fed Created A Bubble By Not Raising Rates?

interview with Timothy Kanevia Cavuto (Fox Business)
Monday, July 27, 2015

Hoover Institution fellow Tim Kane discusses whether the Fed has created a bubble by not increasing interest rates.

In the News
In the News

Monetary Policy Uncertainty: Does It Justify Requiring The Fed To Follow A Taylor Rule?

mentioning John B. Taylorvia The Barcelona GSE Voice
Friday, July 24, 2015

In 2014 the “Federal Reserve Accountability and Transparency Act” (FRATA) was introduced in the U.S. congress requiring the Fed to adopt a rules-based policy.

Niall Ferguson
In the News

Quote of the Week: Niall Ferguson

quoting Niall Fergusonvia World Bank Publications
Monday, July 27, 2015

Niall Ferguson, a British historian from Scotland, who specializes in international history; economic history, particularly hyperinflation and the bond markets; and British and American imperialism.