Hoover Daily Report
Featured
Featured

Decision-Making At The Fed

by Kevin Warshvia Defining Ideas
Tuesday, May 3, 2016

Why do some institutions succeed while others fail? Culture plays a major role.

Featured

Sustaining Military Readiness—The Devil Is In The Details

by Admiral Gary Rougheadvia Strategika
Friday, April 29, 2016

Today’s global security crystal ball is murky, but a safe assumption is that the Middle East, North Africa, and Europe will remain unsettled and nests of terrorist activity, motivation, and recruitment; with sanctions lifted Iran’s conventional military re-emergence in the region will further challenge the security environment in the Middle East; Northeast Asian allies, China, and the U.S. will continue to react to an unpredictable regime in North Korea.

Featured

Central Bank Governance And Oversight Reform Offers In-Depth Analyses Of The Role Of Central Banks

Wednesday, May 4, 2016
Stanford

The Hoover Institution Press released Central Bank Governance & Oversight Reform, a book featuring distinguished scholars and policymakers who discuss key questions about the Federal Reserve. 

News
Featured

How Should Europe Respond To Islamism?

by Ted R. Bromundvia The Caravan
Wednesday, May 4, 2016

In this era of mass and uncontrolled migrant flows, Adam Smith’s 1776 classic on The Wealth of Nations offers insight into the nature of the challenge posed by Islamism. Far from being a mere manual of economics, Smith’s work reveals how competition promotes progress across society and government, and how it created the modern state and the modern international state system.

Analysis and Commentary
Analysis and Commentary

The Libertarian: “Title IX and College Justice”

interview with Richard A. Epsteinvia Defining Ideas (Hoover Institution)
Wednesday, May 4, 2016

Washington’s role in the campus rape debate.

Analysis and Commentary

The Five Stages Of Grieving A Trump Nomination

by Bill Whalenvia Forbes
Tuesday, May 3, 2016

For that beleaguered, bewildered portion of the Republican Party derogatorily referred to as the “GOPE” (as in: “GOP Establishment”) we have a new acronym — DABDA as in “Denial, Anger, Bargaining, Depression, Acceptance.” The Swiss psychiatrist Elisabeth Kubler-Ross coined the words to explain how humans cope with death and loss.

Analysis and Commentary

Deadly Dysfunction: Bureaucratic Snafus Delay A Novel Approach To Zika

by Henry I. Miller, John Cohrssenvia Forbes
Wednesday, May 4, 2016

Abandoning earlier caution about the relationship between the Zika virus and various serious possible sequelae, including microcephaly (a devastating condition in which babies are born with abnormally small heads and brains), CDC scientists have confirmed cause and effect.

Analysis and Commentary

What Reformers Can Do To Expand Charters And Choice Besides Advocating For Policy Change

by Michael J. Petrillivia Flypaper (Fordham Education Blog)
Wednesday, May 4, 2016

A few weeks ago, I argued that policy change is not the only path to education reform, floated five other approaches for improving educational practice, and promised to flesh them out in future posts. Here’s my attempt at the first of those five strategies, just in time for National Charter Schools Week.

Analysis and Commentary

The End Of British Coal

by David R. Hendersonvia EconLog
Tuesday, May 3, 2016

I was going through my pile of unread Wall Street Journals over the weekend and found this news story: Scott Patterson, "End of an Era: England Closes Its Last Deep Coal Mine," December 11, 2015.

Analysis and Commentary

Political Science Flunked American Politics 101

by Alvin Rabushkavia Thoughtful Ideas
Wednesday, May 4, 2016

On June 16, 2015, Donald Trump announced his candidacy for the Republican presidential nomination. His overwhelming win in Indiana on May 3, 2016, makes him the presumptive nominee.

Analysis and Commentary

Hindsight: Reflections On Fifteen Years Of The War On Terror

by Benjamin Wittesvia Lawfare
Tuesday, May 3, 2016

Rachel Brand earlier linked to the video of one session of the April 26 conference at the Fordham Law School Center on National Security on "Hindsight: Reflections On 15 Years of the War on Terror."

Analysis and Commentary

Meanwhile In The Indiana Senate Race

by Jeremy Carlvia National Review
Tuesday, May 3, 2016

Todd Young is actually, at least on paper, one of the best so-called “establishment Republican” candidates. He has a genuinely impressive background—military, academic and professional. I think he could potentially be a very effective senator.

Interviews
Interviews

John Cochrane On Opinion Journal

interview with John H. Cochranevia The Wall Street Journal
Tuesday, May 3, 2016

Hoover Institution fellow John Cochrane discusses the need to cut regulation and simplify the tax code in order to jump start the economy.

Micheal J. Boskin
Interviews

Michael Boskin On The John Batchelor Show

interview with Michael J. Boskinvia The John Batchelor Show
Tuesday, May 3, 2016

Hoover Institution fellow Michael Boskin discusses the potential effects of Brexit to Great Britain. The UK is deeply connected by trade to the rest of the EU, which accounts for the largest share of Britain’s total global exports and imports, each amounting to about 30% of British GDP. Brexit would therefore have significant consequences for trade flows not just between the UK and the EU, but also in the rest of the world.

GOP Image
Interviews

Bill Whalen On The John Batchelor Show (11:44)

interview with Bill Whalenvia The John Batchelor Show
Tuesday, May 3, 2016

Hoover Institution fellow Bill Whalen discusses the senate elections and how Trump at the top of the ticket affects the election or re-election of 2016 senators.

In the News
In the News

International Monetary Stability - Past, Present, And Future: A Policy Conference

Thursday, May 5, 2016
Hoover Institution, Stanford University

The world economy has recently been experiencing highly volatile foreign exchange and capital markets, a spread of unusual monetary policy actions, and disappointing growth and stability. These developments have led to a host of policy proposals ranging from reforms of the international monetary system built on rules-based monetary policy in each country to more interventions in the form of capital controls, exchange market actions, and macro-prudential regulations. The aim of the conference is to examine these recent developments and consider policy options.

Event
In the News

Hoover Archives Acquires the Papers Of Roy Pateman

by Issayas Tesfamariamvia Behind the Scenes
Monday, May 2, 2016

Hoover Archives has received the papers of Dr. Roy Pateman, Professor Emeritus of Political Science at the University of California, Los Angeles (UCLA) and the author of the popular book, Eritrea: Even the Stones Are Burning. 

Niall Ferguson
In the News

Niall Ferguson Is 90% Correct: Europe's Problems Cannot Be Solved By Deflation On The Periphery

featuring Niall Fergusonvia Bradford.Delong.com
Wednesday, May 4, 2016
Niall Ferguson says something very true and important.
In the News

Does Capitalism Need Saving? - Milken Institute Global Conference 2016

quoting John B. Taylorvia Equities.com
Tuesday, May 3, 2016

Many have looked at the current political climate and noted a disturbing trend among young Americans: a distinctly anti-capitalist stance. And it’s not without reason. Today, America finds itself in an increasingly unequal society with wage growth stalled even as corporations and the people running them are seeing their take home income explode. 

In the News

The Misadventures Of Fannie And Freddie

quoting Richard A. Epsteinvia Delaware Online
Tuesday, May 3, 2016

Gigantic government’s complexity and opacity provide innumerable opportunities for opportunists to act unconstrained by clear law or effective supervision. Today’s example, involving the government’s expropriation of hundreds of billions of dollars, features three sets of unsympathetic actors -- a grasping federal government, a few hedge funds nimble at exploiting the co-mingling of government and the private sector, and two anomalous institutions that should never have existed.

In the News

Editorial: Choking Productivity

quoting John H. Cochranevia Las Vegas Review-Journal
Tuesday, May 3, 2016

In a recent interview with The New York Times Magazine, Barack Obama shaped his economic legacy as one of unappreciated achievement. Unfortunately for the president, reality keeps banging on the door.

In the News

Bill Gross – Culture Clash: Robots Are Stealing Our Jobs!

quoting Michael Spencevia ValueWalk
Wednesday, May 4, 2016

A respected reporter recently asked me what were a few important things I had learned from all this and all of that during the past decade and I surprised myself and perhaps him by answering that I now realized that younger generations – the Xers and Millenials – were far different generations from my own.

In the News

Ted Cruz’s Departure Crushes California’s Primary Hopes

quoting Bill Whalenvia Sacramento Bee
Tuesday, May 3, 2016

Marty Wilson, a Republican political consultant, was at a poolside reception at a GOP gathering in Burlingame over the weekend, analyzing paths forward for Ted Cruz and John Kasich in California. He offered one major caution.

In the News

Donald Trump's Victory Has Some In GOP Agonizing — Or Bolting

quoting Lanhee J. Chenvia The New York Times
Wednesday, May 4, 2016

Now that Donald J. Trump is the presumptive presidential nominee, a parade of prominent Republican leaders is breaking with the traditions and rituals of party unity and offering him a blunt message: Nope. Never. I can’t. I won’t.

In the News

Fed Ponders Catchup With Economic Theory Signaling Rates Too Low

mentioning John B. Taylorvia Bloomberg
Sunday, May 1, 2016

When does treading carefully lead to falling behind? Federal Reserve officials signaled last week that they expect to raise interest rates twice this year, while investors see only one move. If economic theory is any guide, even the central bank’s more hawkish outlook would still leave the target for the benchmark policy rate way too low.

In the News

"The Surprising Weakness Of Invincible Institutions": GOP Indiana Primary Edition

mentioning Hoover Institutionvia Reason
Tuesday, May 3, 2016

From the Roman Empire to oil-rich Venezuela to Kodak to the GOP, big things go bust all the time. And that's OK.

In the News

Trump: We Will Win

quoting Lanhee J. Chenvia Politico
Tuesday, May 3, 2016

The real estate mogul knocks Cruz out of the race and declares he will lead the GOP to victory in November.

In the News

Datong Society Of UC-Berkeley Visits Hoover Archives

Tuesday, May 3, 2016

On May 2, the Datong Society of China Studies at University of California, Berkeley visited Hoover Archives. Under the guidance Hsiao-ting Lin, Hoover co-curator for Asian collections, and Tianyi Dong, Director of External Affairs for the Datong Society, the interdisciplinary academic group viewed valuable artifacts from Hoover’s Chinese collections, including documents and photographs, the Chiang Kai-shek diaries, and artifacts related to the Chinese Cultural Revolution.

News