Successful retaliatory strikes need to do two things. First, they send a credible signal to the target that attacks of this kind will not be tolerated. Second, they need to limit the risk of escalation through spiraling retaliation and counter-retaliations.
Hoover Institution economists have generated many ideas on tax reform and monetary reform over the years, from the Friedman Rule and government spending limits to the Hall-Rabushka Flat Tax and the Taylor Rule. Panelists will discuss the origination of such ideas, how they have been applied in practice in the United States and other countries, and the future of such reform-oriented policy.
Aaron Director was one of the founders of law and economics: the application of economic reasoning to understand the effects of law and, in some cases, to recommend particular laws. He wrote very little, but his influence was immense.
Hoover Library & Archives recently acquired the personal papers of Tang Zhenchang (1922–2002), a celebrated intellectual whose areas of interest encompassed history, journalism, cinema, screenwriting, and literature. Born in Chengdu, in the Sichuan Province of China, Tang graduated from Yenching University, China’s preeminent Christian university in the modern era.
Raghuram Rajan said in a statement that people in authority have to tolerate criticism and that any move to subjugate opposing thoughts “is a sure-fire recipe for policy errors”.
There are ways to promote the Federal Reserve’s independence, but it would require changes to the current system, which is based on a “fuzzy mandate,” according to members of the Shadow Open Market Committee.
What would you do with $1,000 a month? Maybe you’d catch up on a few bills or pay for the medication you’ve been in desperate need of. Perhaps you could finally create that business you’ve been interested in starting up. Regardless if you choose to use it for diapers and milk or a few nights out on the town, Democratic presidential hopeful Andrew Yang wants you to have it.
Equality sounds great, but is the coercive pursuit of equality routinely leading to inequality—or worse things, like systematic injustice and abuse? Could the modern romance with egalitarianism be a destructive flirtation?
