Hoover Daily Report
Featured
Featured

Reforms Urged To Control Exploding California Pension Costs

Tuesday, January 15, 2019
Hoover Institution, Stanford University

The public pension nightmare for California will only worsen unless serious reforms are adopted, a Hoover scholar says. Joshua Rauh, a senior fellow at the Hoover Institution and a professor of finance at the Stanford Graduate School of Business, suggests that governments in California need to either offer more modest pension benefits—and fund those much more conservatively—or start putting public employees into defined contribution plans.

News
Featured

Winston Churchill: Walking With Destiny

interview with Andrew Robertsvia Uncommon Knowledge
Tuesday, January 15, 2019

Andrew Roberts examines the extraordinary life of Winston Churchill in Roberts’s new book, Churchill: Walking with Destiny.

Featured

Trump’s Successful Pivot To Asia

by Michael R. Auslinvia The Wall Street Journal
Tuesday, January 15, 2019

[Subscription Required] America’s regional allies are relieved to learn that the U.S. isn’t going anywhere—for now.

Featured

A License To Hate

by Victor Davis Hansonvia Defining Ideas
Wednesday, January 16, 2019

Why America’s progressives flaunt their abusive disdain for Trump voters.

Featured

Hoover Scholars Examine Cyber Warfare In New Book

Tuesday, January 15, 2019
Hoover Institution, Stanford University

War is changing, and the U.S. military can now use cyber weapons as digital combat power. When and how that’s done is the subject of a new book, Bytes, Bombs and Spies: The Strategic Dimensions of Offensive Cyber Capabilities, edited by Herb Lin and Amy Zegart of the Hoover Institution.

News
Featured

Tech Titans And National Security: West Coast Edition

Thursday, January 17, 2019
Hauck Auditorium, Hoover Institution, Stanford University

The leading technology and Internet-based companies are dominant forces in the economic and cultural development of the era. They also have a vital role to play in cybersecurity and national security. This Symposium will bring together a range of people at the vital center of developing rules and parameters on these issues to debate and discuss how we might succeed in this area.  

Event
Analysis and Commentary
Analysis and Commentary

Trump Pivots To Asia, But His Trade Policy Needs A Boost

by Michael R. Auslinvia The National Review
Wednesday, January 16, 2019

In a piece just up for the Wall Street Journal (paywalled), I argue that President Trump’s pivot to Asia is shaping up to be more substantive and potentially transformative than the one the Obama Administration regularly touted.

Analysis and Commentary

Bytes, Bombs, And Spies: The Strategic Dimensions Of Offensive Cyber Operations

by Herbert Lin, Amy Zegartvia Lawfare
Tuesday, January 15, 2019

Today the Brookings Institution is publishing our edited volume, "Bytes, Bombs, and Spies: The Strategic Dimensions of Offensive Cyber Operations." And here is the first introductory chapter, in which we overview the books and its arguments.

Analysis and Commentary

Does A Border Wall Enhance Home Values?

by Timothy Kanevia Balance of Economics
Wednesday, January 16, 2019

What is the value of building a barrier between countries? While President Trump is fond of the refrain, “A country without borders is not a country at all,” the reality is more complex. 

Analysis and Commentary

Newsom For President? Just Say No—For Now, At Least

by Bill Whalenvia Eureka
Wednesday, January 9, 2019

As he settles in to his new surroundings as California’s fortieth governor, Gavin Newsom will find it hard to escape Ronald Reagan, the last man to serve as both governor of California and president of the United States.

Analysis and Commentary

Lipow On Stiglitz On Green New Deal

by David R. Hendersonvia EconLog
Tuesday, January 15, 2019

My former colleague at the Naval Postgraduate School Jonathan Lipow posted something on Facebook that I think deserves wider readership. We don’t see eye to eye on everything and we don’t even see eye to eye on what’s in his Facebook post. But he says it well and makes some valid points.

Analysis and Commentary

Diversity, Part 3. The Who, What, When, Where, Why, And How

by Alvin Rabushkavia Thoughtful Ideas
Wednesday, January 16, 2019

At what level of granularity can we say that diversity has been achieved, or that we are on the cusp of achieving genuine diversity.

Interviews
Interviews

John Taylor Sees 'Pretty Strong' U.S. Economy As 'Promising'

interview with John B. Taylorvia Bloomberg
Tuesday, January 15, 2019

Hoover Institution fellow John Taylor discusses the Federal Reserve's rate path, US economic strength, and the partial US government shutdown.

Interviews

Economist Ed Lazear: The Stock Market Is The Best Economic Indicator And It's Signaling Caution

interview with Edward Paul Lazearvia CNBC
Tuesday, January 15, 2019

Hoover Institution fellow Ed Lazear notes that Federal Reserve Chairman Jerome Powell should be paying close attention to the stock market for clues on whether signs of an economic slowdown warrant a pause in central bank interest rate hikes.

Interviews

Bytes, Bombs, And Spies, With Herbert Lin And Amy Zegart

interview with Herbert Lin, Amy Zegart, Jack Goldsmithvia Security by the Book
Wednesday, January 16, 2019

Hoover Institution fellows Herbert Lin and Amy Zegart are interviewed by Hoover Institution fellow Jack Goldsmith, via Security by the Bookconcerning their book Bytes, Bombs and Spies: The Strategic Dimensions of Offensive Cyber Capabilities.

Interviews

Bill Whalen: LA Mayor Eric Garcetti's Presidential Candidacy Weighed Down By The Los Angeles Homeless Problem And Now The Teachers’s Strike.

interview with Bill Whalenvia The John Batchelor Show
Tuesday, January 15, 2019

Hoover Institution fellow Bill Whalen discusses how Los Angeles Mayor Eric Garcetti's presidential candidacy is weighed down by the Los Angeles homeless problem and now the teachers’s strike.

Interviews

House Democrats Want To Subpoena Trump's Russian Interpreter; Can Trump Cite Executive Privilege?

interview with John Yoovia Fox News
Monday, January 14, 2019

Hoover Institution fellow John Yoo discusses whether presidents can keep private conversations with foreign leaders private. Yoo notes that congress should not be able to overcome executive privilege.

In the News
In the News

Why The Fed Won’t Cave To Trump

featuring Darrell Duffievia Stanford Business
Thursday, January 10, 2019

As the stock market racked up its worst year in a decade, President Donald Trump wasted no time in lashing out at the Federal Reserve. By raising interest rates, he complained, the Fed was “going crazy.” He called it the “only threat” to economic growth and said he was “not even a little bit happy” with his selection of Jerome Powell as Fed chair.

In the News

Hoover Hosts Roundtable Discussion On US-Taiwan-China Relations

featuring Hoover Institution, Elizabeth Economyvia Stanford Daily
Wednesday, January 16, 2019

On Tuesday, Hoover Institution scholars addressed China’s recent tightening of policy surrounding Taiwan and considered what the United States’ role should be in maintaining the three-way political balance.

In the News

Warning Flags Raised Over Trump Plan

featuring Herbert Lin, Amy Zegartvia EnergyWire
Wednesday, January 16, 2019

This is the year that U.S. cyber war policy goes on the offensive to protect critical civilian infrastructure against significant threats from Russia, China and other state-backed hacker units, the Trump administration pledges.

In the News

New Study Probes Risk Tolerance: Asset Allocation Daily

quoting John H. Cochrane via Seeking Alpha
Tuesday, January 15, 2019

John Cochrane and Kevin Wilson present opposite views on the likelihood of recession and a market crash. 

In the News

NYT Reveals FBI Retaliated Against Trump For Comey Firing

quoting Jack Goldsmithvia The Federalist
Monday, January 14, 2019

In a Friday night news dump, the New York Times revealed the FBI’s surprisingly flimsy justification for launching a retaliatory investigation into President Donald Trump, their chief adversary during their recent troubled era.

In the News

Allowing Congress To Overcome Executive Privilege Would ‘Strike Dagger’ Into Presidency, Yoo Says

quoting John Yoovia Fox News
Tuesday, January 15, 2019

A former Justice Department lawyer told Fox News on Monday that Congress and courts should not be allowed to overcome executive privilege after calls this weekend by high-ranking Democrats to subpoena notes or testimony from the interpreter who was at several meetings between President Trump and Russia’s Vladimir Putin.

In the News

Keep The FBI Out Of Politics

quoting Jack Goldsmithvia Bloomberg
Tuesday, January 15, 2019

Whether Trump’s firing of James Comey threatened national security is a question for Congress, not the FBI.