Hoover Daily Report
Analysis and Commentary
Jerusalem
Analysis and Commentary

What Israel Won in Gaza and What Diplomacy Must Now Gain

by Peter Berkowitzvia Real Clear Markets
Tuesday, September 16, 2014

TEL AVIV -- For the time being, people are going about their business. Hamas is not raining rockets down on residents here, daily ear-piercing air-raid warning sirens are not sending everyone running for cover, and the city has returned to its bustling self.

Analysis and Commentary

My 1983 CEA Memo on the Ban on Alaskan Oil Exports

by David R. Hendersonvia EconLog
Monday, September 15, 2014

Last week, I posted here and here about Larry Summers's excellent talk in which he advocated removing the ban on U.S. oil exports. I then remembered that when I was the Senior Economist for Energy Policy with President Reagan's Council of Economic Advisers, I had written a memo on the issue of relaxing the constraint on exporting Alaskan oil.

Retirement
Analysis and Commentary

Vanguard's Strange Assumption

by David R. Hendersonvia EconLog
Tuesday, September 16, 2014

I'm a big fan of Vanguard. All of my IRA-type assets are in Vanguard funds. And when I mistakenly claimed in a Wall Street Journal that John (Jack) Bogle, who started Vanguard, had learned from work by Eugene Fama, Bogle was very nice in the way he corrected me and then, when I acknowledged my mistake, wrote the following nice letter to me:

British Flag
Analysis and Commentary

Scots Must Vote Nae

by Niall Fergusonvia New York Times
Sunday, September 14, 2014

GLASGOW — To most Americans, Scotland means golf, whisky and — if they go there — steady drizzle. Even to the millions of Americans whose surnames testify to their Scottish or Scotch-Irish ancestry, the idea that Scotland might be about to become an independent country is baffling.

American Flags
Analysis and Commentary

T-Rav Revs Up

by Bill Whalenvia A Day At The Races
Tuesday, September 16, 2014

Day Two of our stay in Charleston and the notion that the locals don’t hide crazy, they put it on the front porch . . .

Analysis and Commentary

How to Be Smart and Green

by Richard A. Epsteinvia Defining Ideas
Monday, September 15, 2014

To tackle global warming, rely on a simple pollution tax rather than ham-handed government regulations.

Barack Obama
Analysis and Commentary

Obama’s Sort-of War

by Victor Davis Hansonvia National Review Online
Tuesday, September 16, 2014

How can we account for the apparent flip-flopping of the Obama administration about what we are doing, or might do further, to the Islamic State?

taxes
Analysis and Commentary

How to Live in High-Tax Sweden Almost Tax-Free

by Alvin Rabushkavia Thoughtful Ideas
Monday, September 15, 2014

This post is directed largely at American men aged 50-65 who were enthralled with NBC’s summer 2014 hit mini-series “Welcome to Sweden.”

Analysis and Commentary

Late-Talking Children

by Thomas Sowellvia Creators Syndicate
Tuesday, September 16, 2014

Anyone who knows what anxiety, and sometimes anguish, parents go through when they have a child who is still not talking at age two, three or even four, can appreciate what a blessing it can be to have someone who can tell them what to do — and what not to do.

Analysis and Commentary

Charleston’s “War of the Roses”

by Bill Whalenvia A Day At The Races
Monday, September 15, 2014

I’m in Charleston, South Carolina, today through Wednesday, on a fact-finding mission (the fact: my father celebrating his 80th birthday; the finding: there are few nicer places to be post-Labor Day — provided no hurricanes are working their way up the Atlantic seaboard).

Analysis and Commentary

Beijing Memo: What America's Halfhearted 'Pivot' to Asia Must Look Like from Afar

by Kori Schakevia Foreign Policy
Monday, September 15, 2014

To: Central Military Commission Chairman, Xi Jinping

From: Vice Chairman, Gen. Fan Changlong / Vice Chairman, Gen. Xu Qiliang / Minister of National Defense, Gen. Chang Wanquan / Chief of PLA General Staff, Gen. Fang Fenghui

Analysis and Commentary

Cash for Clunkers Clunked

by David Davenportvia townhall.com
Monday, September 15, 2014

You may recall the famous Cash for Clunkers program in 2009 that attempted to stimulate the economy by giving government rebates to people who bought used cars.  The program cost taxpayers $3 billion and was widely criticized for merely accelerating decisions to buy cars, rather than producing additional sales.

an image
Analysis and Commentary

The Obama Administration Answers War With Phony War

by Angelo M. Codevillavia Daily Caller (DC)
Monday, September 15, 2014

No serious person takes seriously Obama’s declaration of war on the Islamic State ISIL. Obama’s September 10 speech was an exercise in domestic politics – in this case fending off demands that something be done to and about the Muslims who knifed off the heads of persons who could have been you or me.

Interviews
Interviews

Lanhee Chen on Market Makers

via Bloomberg Television
Monday, September 15, 2014

Research Fellow Lanhee Chen discusses the continuing battle over the Affordable Care Act and the political issues facing Washington following the midterm elections on Market Makers.