Imagine the three “GoodFellows” in charge of America’s government—a modern (and democratic) twist on ancient Rome’s triumvirate. Hoover senior fellows Niall Ferguson, H. R. McMaster, and John Cochrane discuss the coronavirus-related steps they’d take if entrusted with deciding the nation’s health, economic, and geostrategic choices.
A pressing research issue with deep policy relevance concerns how econometric models should be adapted, changed, or modified in light of the COVID-19 pandemic. A new Webinar series–Macroeconomic Modelling and Pandemics–has been created to examine this issue, to exchange views among researchers, and to bring more attention to the policy questions.
Proponents of free-market capitalism extol its high economic growth and freedom of choice. Advocates of socialism protest that capitalism is harsh and leaves too many behind. They argue that socialism is more benevolent. Most important is that if socialism is better for the poor, then low-income groups should fare better under socialism than under capitalism.
Captain Christopher H. Sharman, representing the US Navy, is a National Security Affairs Fellow for the academic year 2019–20 at the Hoover Institution. In this interview, Sharman discusses his development as a US Navy intelligence officer, his work as a naval attaché in China and Vietnam; and how China’s naval forces measure up to those of the US Navy. His views are his own and do not reflect the official policy or position of the US Navy, US Department of Defense, or the US government.
Far from correcting course after the revelations of its global propaganda campaign over the coronavirus pandemic that had started in Wuhan, the Chinese Communist Party is doubling down in its attempts to squash any criticism of Beijing. The latest victim of this Chinese government bullying is Brussels, where the European Union planned to release a report calling out the both overt and covert Chinese disinformation campaign.
Hoover Institution fellow Victor Davis Hanson discusses how the “best and brightest” have destroyed evidence, altered documents, lied, leaked, and pled amnesia, the inspirational lessons Americans emerging from a pandemic might take from World War II, billionaires lecturing, how America cares for the remains of those who made the ultimate sacrifice, and about his dad and his namesake – two WWII warriors who endured hell, one of whom lost his life on Okinawa.
The Register published a series of guest essays promoting two biases: (a) that undisputed science requires a continuing stay-at-home "lockdown" to fight the pandemic and (b) that only Republican leaders ignore this "science," with bad results.
A doctor at Stanford University made the argument for reopening the country, calling for a “design of sound public policy” that involves “more than a single-minded focus on stopping COVID-19 at all costs.”
The COVID-19 pandemic and the shutdown of the economy in an effort to contain the virus led to unanticipated disruptions in several parts of the financial markets—even the market for U.S. Treasury debt.