As the Senate considers Dr. Christine Blasey Ford’s accusation that Judge Brett Kavanaugh sexually assaulted her 30 years ago, senators find themselves asking a basic question familiar to all lawyers: Who bears the burden of proof—the accuser or the accused?
[Subscription Required] Today, the idea most in vogue in central-bank circles is something called “r-star”—the neutral real interest rate at which monetary policy is neither accommodative nor restrictive. Many policy makers and academics now recommend setting Fed interest rates principally by determining r-star. But like many great theoretical insights—this one originally offered by Swedish economist Knut Wicksell in 1898—r-star has been pushed well beyond its practical utility.
In “Why Liberalism Failed,” Patrick Deneen contends that today’s liberal regimes deserve to perish because they do not live up to the classical conception of political excellence. But the spirit of his critique clashes with the purpose of the ancients’ examination of the best regime.
Hoover Institution fellow Terry Anderson discusses how a greater focus on property rights and market solutions to environmental problems would better protect natural resources and give people a stake in their stewardship.
Hoover Library & Archives is opening the John Weidner collection documenting one of the major efforts to resist the Nazis in Western Europe by organizing the rescue of Jews from arrest, helping downed Allied fliers, and assisting resisters, civilians dodging the forced labor draft, as well as those wanting to join the Allies.
Senate Judiciary Committee members, take heed: You are not running a criminal trial. You are carrying out your constitutional duty to provide "advice and consent" regarding Brett Kavanaugh's nomination to the Supreme Court.
Freedom of association is an important freedom that even some libertarians, who should be its strongest defenders, are unwilling to defend and are even, occasionally, hostile to those who defend it. I see that somewhat on blogs and I especially see it on Facebook.
Hoover Institution fellow Michael Spence examines the evolution of China's economy and how China wants to become a technologically sophisticated country as well as an internationally influential country especially in the developing world.
“Never has the reality that we are living in a surreal age been clearer than during the strange cycles of Christine Blasey Ford’s accusations against Supreme Court nominee Brett Kavanaugh,” Victor Davis Hanson wrote for National Review on Sept. 25.
[Subscription Required] President Trump’s kowtowing to Russian President Vladimir Putin in Helsinki alarmed the world in July. Few countries had more reason for concern than Ukraine, which has defended itself in a low-intensity war with Russia for nearly four years. Yet despite the U.S. president’s baffling fondness for Mr. Putin, Ukrainians say Mr. Trump’s policies are surprisingly supportive of Kiev and hostile toward Moscow. In some ways they believe Mr. Trump has been much better than his predecessor.
Former RBI chief Raghuram Rajan has dissected the banking crisis in his recent analysis of non-performing assets (NPAs). He implies that cronyism is an important cause. I would say the anti-corruption activism of NGOs, the Comptroller and Auditor General (CAG) and courts — all aimed at reducing cronyism — has played a major role too.
We've been living with 1984 references for many years, but the current predicament we find ourselves in regarding the Supreme Court nomination of Judge Brett Kavanaugh may afford the clearest parallel yet.