Hoover Daily Report
Featured
Featured

California On Verge Of Passing Enormous Job-Killing Bill

by Lee Ohanianvia California on Your Mind
Tuesday, September 10, 2019

California legislators are close to voting on a bill that would reclassify hundreds of thousands of independent contractors as employees. If passed, this bill will destroy many very productive economic opportunities, and substantially restrict free choice for individuals.

Featured

The Ability Of Markets

by Richard A. Epsteinvia Defining Ideas
Monday, September 9, 2019

Disabled workers benefit more from a strong economy than from the ADA.

Featured

More On Low Long-Term Interest Rates

by John H. Cochranevia Grumpy Economist
Monday, September 9, 2019

In an environment with stable inflation, the yield curve should typically be inverted. Long term investors care about money when they retire, not next month. Most investors are long-term. If inflation is steady, long-term bonds are a safer way to save money for the long run. 

Featured

All In The Comey Family

by Victor Davis Hansonvia National Review
Tuesday, September 10, 2019

Baker, Page, Priestap, and Strzok are toadies who aided Comey’s efforts to turn an election and kneecap a presidency.

Featured

Economics 1: Now More Important Than Ever

by John B. Taylorvia Economics One
Monday, September 9, 2019

Two weeks from today, I start teaching Economics 1, Stanford’s introductory economics course, and the namesake of this blog and my twitter account.   I am looking forward to it, and for the same three reasons that I gave years ago when I started teaching the course: (1) “I love to teach.” (2) “I love to do economic research” and teaching is “a natural extension of research.” (3) “I love economic policy—the application of economics to government as well as to decision-making in business.”

Analysis and Commentary
Analysis and Commentary

The Libertarian: The Electoral College And The Republican Sensibility

interview with Richard A. Epsteinvia The Libertarian
Tuesday, September 10, 2019

The much-maligned system for picking presidents stems from the Founders’ mistrust of majoritarianism — and is still better than the alternatives

Analysis and Commentary

Area 45: Mark Tillman: Piloting Air Force One On 9/11

interview with Mark Tillmanvia Area 45
Tuesday, September 10, 2019

Choices made securing President Bush on 9/11; and the new security, technology, and features in the next generation 747s.

Analysis and Commentary

Let’s Not Make A Deal With The Taliban

by Bruce Thorntonvia FrontPage Mag.com
Monday, September 9, 2019

A minefield is ahead if we do.

Analysis and Commentary

Intellectual Property And The Trade Deficit

by John H. Cochranevia Grumpy Economist
Monday, September 9, 2019

"The IP Commission estimates that between $200 billion and $500 billion a year of intellectual property is stolen from the U.S." I found this interesting tidbit in The Atlantic interview of Kevin Hassett, ex CEA chair. (HT Marginal Revolution)

Analysis and Commentary

Ten Debating Democrats Giving It The Old College Try

by Bill Whalenvia Real Clear Politics
Tuesday, September 10, 2019

Credit the folks at ABC News’ political division: They managed to convince their network’s executives to set aside three hours of prime time for Thursday night’s Democratic presidential debate in Houston.

Analysis and Commentary

Britain Could Lead The Fightback Against Nationalist Populism

by Timothy Garton Ashvia The Guardian
Tuesday, September 10, 2019

Parliament has stopped the Brexit bullies in their tracks. And pro-Europeans can win the democratic showdown

Analysis and Commentary

Principled Realism And The Monroe Doctrine

by Chris Gibson via Strategika
Friday, September 6, 2019

With the publication of the December 2017 version of the National Security Strategy, the Trump administration changed the course of American grand strategy. With it, the U.S. made a conscious choice to leave behind President George W. Bush’s controversial neo-conservative inspired policy of “preemption” and Barack Obama’s convoluted “consequentialism,” embracing instead the more traditional approach of “principled realism,” first articulated by President George Washington. In this new era all previous policies and approaches are under review, including one of our oldest foreign policy statements—the Monroe Doctrine of 1823.

Analysis and Commentary

Of Primary Concern: Having Trump Face His Republican Challengers

by Bill Whalenvia Forbes
Tuesday, September 10, 2019

I’ll admit to a guilty pleasure: watching episodes of Shaqtin’ A Fool, a weekly cable television segment (featuring Shaquille O’Neal, it’s play on the phrase “actin’ a fool) that showcases off-beat and oddball moments in the National Basketball Association.

Interviews
Condoleezza Rice gives the before-dinner remarks titled “US Global Leadership?”
Interviews

Condoleezza Rice: "I'm Relieved" That U.S. Walked Away From Talks With Taliban

interview with Condoleezza Ricevia CBS News
Tuesday, September 10, 2019

Hoover Institution fellow Condoleezza Rice said she's "relieved" that the US walked away from talks with the Taliban concerning the withdrawal of troops from Afghanistan.

Interviews

General James Mattis' Lessons In Leadership

interview with General Jim Mattisvia Bloomberg
Monday, September 9, 2019

Hoover Institution fellow Jim Mattis discusses protecting the US against terrorism, the importance of a strong military, and his new book, Call Sign Chaos: Learning to Lead.

Interviews

Condoleezza Rice: We're Not Going To Abandon The Women Of Afghanistan

interview with Condoleezza Ricevia The Late Show with Stephen Colbert
Tuesday, September 10, 2019

Hoover Institution fellow Condoleezza Rice offers her insight into some key issues faced by the United States as it attempts to end the war in Afghanistan.

General Jim Mattis bio photo
Interviews

Jim Mattis On Firing Line

interview with General Jim Mattisvia Firing Line with Margaret Hoover
Friday, September 6, 2019

Hoover Institution fellow Jim Mattis discusses the importance of allies and America’s role in conflicts in the Middle East. Mattis also explains why we should never label political opponents ‘enemies of the people’.

Interviews

Former Secretary Of Defense Jim Mattis On Bloomberg Best

interview with General Jim Mattisvia Bloomberg
Monday, September 9, 2019

(23:17) Hoover Institution fellow Jim Mattis discusses his new book, Call Sign Chaos: Learning to Lead. Mattis notes that we still need boots on the ground in Afghanistan.

In the News
In the News

A Reliable Power Grid In Central America May Resolve Migrant Crisis

quoting George P. Shultzvia Inside Sources
Tuesday, September 10, 2019

For more than a year, leaders in Washington have been circling the drain trying to find a compromise on immigration legislation. It has reached far beyond just a policy concern as there have been multiple solutions tossed around from lawmakers as well as 2020 presidential candidates. In late August, the White House announced a new plan that will replace a decades-old court order that determines new regulations on detainment.

In the News

Condoleezza Rice Backs Trump In Cancelling Taliban Camp David Peace Deal Meeting: 'Whatever The Reason, It Was A Good Decision'

quoting Condoleezza Ricevia Newsweek
Tuesday, September 10, 2019

Former Secretary of State Condoleezza Rice has come out in defense of President Donald Trump's dramatic u-turn on an imminent peace agreement with the Taliban, suggesting that the militant group had become overly confident during recent negotiations.

Hong Kong Umbrella Revolution Collection, Box 2, Hoover Institution Archives
In the News

U.S. Must Challenge China Over Hong Kong, James Mattis Says: 'We Have To Stand With Them'

quoting General Jim Mattisvia Newsweek
Tuesday, September 10, 2019

Former U.S. Defense Secretary James Mattis has urged the U.S. government to offer more support to anti-government protesters in Hong Kong, arguing that the ongoing unrest in the territory is an international, rather than an internal, issue.

In the News

New York Times Deletes Tweet Downplaying Mao Zedong’s Murder Of 45 Million People

quoting Frank Diköttervia Daily Caller
Monday, September 9, 2019

The New York Times deleted a tweet that downplayed Chinese Dictator Mao Zedong’s mass murder of at least 45 million people on the anniversary of his death Monday.

In the News

Dems See It As 'Biden Or Bust' And Other Commentary

quoting Victor Davis Hansonvia New York Post
Monday, September 9, 2019

2020 watch: Dems See It as ‘Biden or Bust’ One difference between Donald Trump’s “exaggerations and narcissisms” and Joe Biden’s “daily bloopers, signs of debility or embarrassments,” notes Victor Davis Hanson at American Greatness, is that the former were “baked into” an outsider candidacy while Biden’s “brand is mainstream Democrat left-liberal orthodoxy, which supposedly does not include weird and wild La La Land pronouncements.”

In the News

Russian President Vladimir Putin's Party Suffers Major Losses In Moscow Elections

quoting Michael McFaulvia Salon
Monday, September 9, 2019

But experts agree that the Communist and A Just Russia parties are both controlled by the Kremlin, to some extent.

In the News

U.S. Should Side With Hong Kong Protesters, Says Ex-Pentagon Chief Mattis

quoting General Jim Mattisvia Reuters
Monday, September 9, 2019

Former U.S. Defense Secretary Jim Mattis said on Monday anti-government protests in Hong Kong were “not an internal” Chinese matter and that the United States should offer at least moral support to the demonstrators.

British Flag
In the News

Boris Johnson Has Lost The Brexit Game, Only Escape Is To Resign

quoting Niall Fergusonvia News Agree
Monday, September 9, 2019

According to senior fellow at Stanford University Niall Ferguson, Boris Johnson the current prime minister of Britain has no alternative left before him except to resign as he has lost. There is already immense pressure on Mr. Johnson to complete formalities of Brexit within 55 days followed by political uncertainty within the country.

In the News

Presidential Power Must Be Curbed After Trump, 2020 Candidates Say

quoting Jack Goldsmithvia The New York Times
Tuesday, September 10, 2019

The presidential hopefuls detailed their views on the limits of executive power in response to a New York Times survey.

In the News

The Basic Economics Of The SCI

quoting Thomas Sowellvia The Medium
Monday, September 9, 2019

After reading Thomas Sowell’s Basic Economics this summer, I found a reason to feel confident that the Student Choice Initiative (SCI) poses some benefits despite its shortcomings. I am no economics major; however, the incentives the SCI creates for students’ unions might serve to be a major benefit.

In the News

Mattis Says U.S. Needs ‘Boots On The Ground’ In Afghanistan

quoting General Jim Mattisvia Bloomberg
Monday, September 9, 2019

Former Defense Secretary Jim Mattis said America needs to keep forces in Afghanistan for now to prevent terrorists including al-Qaeda from regrouping and posing a threat to the U.S.

In the News

Draghi Under Pressure To Deliver Fresh Stimulus Package

quoting Melvyn B. Kraussvia Financial Times
Sunday, September 8, 2019

Growing opposition to easing will heighten tension at this week’s ECB meeting.

In the News

Why We Should Worry About The National Debt

quoting David Davenportvia The Standard-Journal
Tuesday, September 10, 2019

The federal government is plunging deep into record-breaking debt, undermining the very foundations of our country and its economic health.

In the News

Parscale: ‘Trumps Will Be A Dynasty’ — Scoop: Internal Kamala Memo — Advocacy Group Wants AG, DAs To Investigate LARA — ISSA The Comeback Kid? — SF Pitching To Buy PG&E?

quoting Lanhee J. Chenvia Politico
Monday, September 9, 2019

THE BUZZ: We survived the 110 degree temps at the CAGOP’s big state convention this weekend in Indian Wells, but some of the internal dramas and strategies were even hotter. Our report:

In the News

Our Carbon Economy: Would It Be Smarter To Fight Than Switch?

quoting Bjorn Lomborgvia Inside Sources
Monday, September 9, 2019

During a recent Facebook Live Q &A session, Representative Alexandria Ocasio-Cortez (D-NY) told viewers that she so feared a future of climate change that she woke up at “like 3:30am” worrying about the fate of the planet. 

In the News

After Repeal And Replace: The Fair Care Act And The 2020 Campaign Plans

mentioning Lanhee J. Chenvia American Enterprise Institute
Tuesday, September 10, 2019

Event: The Trump administration and Republicans in Congress failed to repeal and replace the Affordable Care Act in 2017. So what comes next?