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Mark Zuckerberg Is Right About Free Speech And The Web

by Niall Fergusonvia Boston Globe
Monday, October 21, 2019

An unusual thing happened last week. Mark Zuckerberg, the chief executive of Facebook, gave a speech with which I mostly agreed. Regular readers of this column will know that I have frequently criticized Zuckerberg. My book “The Square and the Tower” contains some harsh words about his company — and particularly its conduct in the fateful election year of 2016.

Featured

Who Pays More Taxes

by John H. Cochranevia Grumpy Economist
Friday, October 18, 2019

A retired guy and a carpenter walk in to a bar, and they each order a beer. When they pay, the fashionable progressive economist asks them, "how much tax did you pay today on the money you got to buy that beer?" The carpenter answers, "Well, I just got my paycheck today. So, that's 30% federal income tax, 5% state income tax, 15% social security and other payroll taxes." The retiree says, "I took the money out of my bank account at the ATM on the way over. There isn't a tax on taking money out of banks so I didn't pay any taxes today."

Featured

Why Do They Hate Him So?

by Victor Davis Hansonvia American Greatness
Sunday, October 20, 2019

Democrats, NeverTrump Republicans, left-liberal celebrities, journalists, and academics all revile Donald Trump because he is trying and often succeeding to restore a conservative America at a time when his opponents thought that the mere idea was not just impossible but unhinged.

Featured

Democrats Foolishly Pine For A New New Deal

by David Davenportvia The Washington Examiner
Friday, October 18, 2019

If you are a Republican running for political office, it’s a safe bet that you seek to identify with conservatives’ last great president, Ronald Reagan. Increasingly, the Democrats’ alternative is not so much a person, since he has faded from memory, but a program: Franklin Roosevelt’s New Deal of the 1930s. With their poor understanding of American history, young people fail to realize that what they really want is a new New Deal, and what candidates such as Elizabeth Warren and Bernie Sanders are prepared to offer them is best understood as a further expansion of the original New Deal.

Analysis and Commentary
Analysis and Commentary

Britain Needs An Official Inquiry Into How The Elite Turned Brexit Into A National Humiliation

by Andrew Robertsvia Daily Mail (UK)
Saturday, October 19, 2019

The humiliation that has befallen the United Kingdom over the past three years and four months as the direct result of the refusal of our political class to respect the EU referendum of June 2016 needs to be investigated by an official committee of inquiry.

Analysis and Commentary

What Is Hillary’s Long Game?

by Bill Whalenvia Forbes
Saturday, October 19, 2019

We forget that, way before the phenomenon that is “Trump Derangement Disorder” came to be, Bill and Hillary Clinton inspired a similar psychosis among their detractors.

Analysis and Commentary

Unalienable Rights, Reconstruction, And Constitutional Continuity

by Peter Berkowitzvia Real Clear Politics
Saturday, October 19, 2019

Perhaps at no time since the decade or so preceding the Civil War have debates about America’s commitment to fundamental rights been as rancorous as today. Yet at no time have fundamental rights in the United States been enjoyed by so wide and diverse a population as they are now. The contrast in contemporary America between the public rancor and the political reality reflects an estrangement from history and an accompanying loss of perspective.

Analysis and Commentary

Susan Houseman On Manufacturing

by Russell Robertsvia EconTalk
Monday, October 21, 2019

Economist Susan Houseman of the Upjohn Institute for Employment Research talks about the manufacturing sector with EconTalk host Russ Roberts. Houseman argues that the data surrounding both manufacturing output and employment have been misunderstood and misinterpreted. In particular, she argues that conclusions about the growth of manufacturing are driven overwhelmingly by computer production while the rest of manufacturing has been stagnant. She also argues that productivity has a small role in reducing manufacturing employment. Trade has been the main cause of employment reductions. These claims go against the standard narratives most economists have been telling for the last 20 years.

Analysis and Commentary

The Education Exchange: Are Teachers Really Underpaid?

by Paul E. Petersonvia The Education Exchange
Monday, October 21, 2019

Andrew G. Biggs, a resident scholar at the American Enterprise Institute, joins Paul E. Peterson to discuss a new article and whether teachers are paid appropriately compared to similar professions.

Analysis and Commentary

Europe Is Fed Up With Brexit, But It’s Still Best For All If Britain Stays In

by Timothy Garton Ashvia The Guardian
Sunday, October 20, 2019

Macron may have doubts, but if the deal isn’t approved the EU must grant the UK an extension – for its own sake as well as ours.

Analysis and Commentary

The Christian Roots Of #MeToo

by Tunku Varadarajanvia The Wall Street Journal
Friday, October 18, 2019

Historian Tom Holland argues both sides of the culture wars share similar theological assumptions—including the dignity of women, which he traces to St. Paul.

Analysis and Commentary

Getting Rich On Low Pay

by David R. Hendersonvia EconLog
Sunday, October 20, 2019

The key is high saving. Here’s an amazing story about a worker on Wall Street making $40,000 a year and saving $10,500 a year in a 401(k) for 12 years. By the end, he was a millionaire.

Analysis and Commentary

Don't Ignore The Median Voter Theorem

by David R. Hendersonvia EconLog
Saturday, October 19, 2019

Marc A. Thiessen writes: With three polls showing her in the lead, Sen. Elizabeth Warren (D-Mass.) may soon eclipse former vice president Joe Biden as the front-runner for the Democratic presidential nomination. That’s great news for Republicans, because Warren has a problem: The central message of her campaign is that the economy is working for the very wealthy but it is not working for ordinary Americans. Unfortunately for her, ordinary Americans disagree.

Analysis and Commentary

Liberty City

by David R. Hendersonvia EconLog
Monday, October 21, 2019

Dekornfeld: But nothing would prepare him [James Massey] for what he would find in Von Ormy because all those classes were about building city government. And in Von Ormy, the sole goal seemed to be the opposite.

Interviews
Interviews

Best Of Peter Berkowitz: "The Fact That We Lost To Trump Tells Us Something About Us, About The Left." 1 Of 2

interview with Peter Berkowitzvia The John Batchelor Show
Saturday, October 19, 2019

(Part 1) Hoover Institution fellow Peter Berkowitz discusses his Defining Ideas article "What’s The Point Of A Liberal Education? Don’t Ask The Ivy League."

Interviews

Best Of Peter Berkowitz: "The Fact That We Lost To Trump Tells Us Something About Us, About The Left." 2 Of 2

interview with Peter Berkowitzvia The John Batchelor Show
Saturday, October 19, 2019

(Part 2) Hoover Institution fellow Peter Berkowitz discusses his Defining Ideas article "What’s The Point Of A Liberal Education? Don’t Ask The Ivy League."

Interviews

Lanhee Chen: JPMorgan CEO: Governments Controlling Companies Is Socialism

interview with Lanhee J. Chenvia Yahoo Finance
Friday, October 18, 2019

Hoover Institution fellow Lanhee Chen discusses his perspective on JPMorgan CEO Jamie Dimon's speech defending capitalism.

Interviews

John Yoo: Trump Administration Deals With Mulvaney Comment Fallout

interview with John Yoovia Fox News
Friday, October 18, 2019

Hoover Institution fellow John Yoo discusses White House Chief of Staff Mick Mulvaney's comments and the impeachment process.

Interviews

John Yoo On The John Batchelor Show: A National Impeachment Puzzle: Fair? Due Process?

interview with John Yoovia The John Batchelor Show
Friday, October 18, 2019

Hoover Institution fellow John Yoo discusses his Washington Post article "The House doesn’t have to be ‘fair’ in its probe. But it should give Trump due process."

Interviews

Impeach This! With John Yoo And “Lucretia”

interview with John Yoovia Powerline
Friday, October 18, 2019

Hoover Institution fellow John Yoo discusses what is unfolding in the impeachment process.

Interviews

Markos Kounalakis: British Parliament Stalls Brexit Plan

interview with Markos Kounalakisvia CBS News
Saturday, October 19, 2019

Hoover Institution fellow Markos Kounalakis discusses U.K. lawmakers voting to withhold approval of a full British withdrawal from the European Union, as well as whether this is a big setback for Prime Minister Boris Johnson.

In the News
In the News

'There Is So Much More We Can Do': Condoleezza Rice Pitches For US-India Trade Deal

featuring Condoleezza Ricevia Sify News
Monday, October 21, 2019

"There is so much more we can do for our economies. My advice to the trade negotiators is -- get a deal soon," Rice said during a conversation with USISPF (US-India Strategic Partnership Forum) board member Purna Saggurti at the second Annual India Leadership Summit.

In the News

General Mattis: Nation Must Remember ‘Core Principles We Used to Know, Live By’

featuring General Jim Mattisvia Catholic New York
Friday, October 18, 2019

Now is the time to remember “the core principles we used to know and live by and that we now seem to have forgotten,” according to retired Marine Gen. James Mattis. The former secretary of defense said America is not a finished work or a failed project but an ongoing experiment for which all bear a responsibility, including the responsibility to repair.

In the News

Historian Timothy Garton Ash Discusses What Went Wrong In Post-Communist Europe And What We Can Do About It

featuring Timothy Garton Ashvia Freeman Spogli Institute for International Studies
Friday, October 18, 2019

Nearly 30 years after the fall of the Berlin Wall on November 9, 1989, historian Timothy Garton Ash spoke at the Freeman Spogli Institute for International Studies about the long-term consequences of the revolutions and transitions that followed the end of Communist rule in countries such as Poland, Hungary and the Czech Republic.

In the News

Lessons On China's Global Politics

featuring Elizabeth Economyvia Duke Today
Friday, October 18, 2019

Look no further than the recent flare up between the NBA and China for a snapshot of Chinese politics today. After Houston Rockets general manager Daryl Morey tweeted an image with the message “fight for freedom, stand with Hong Kong,” Chinese companies enacted a media boycott of the NBA and pulled sponsorships in a market worth $4 billion a year for the league. U.S. politicians blasted the moves – and the NBA’s initial hesitant response.

In the News

‘In Hoffa’s Shadow’ Review: A Suspect In The Family

featuring Jack Goldsmithvia The Wall Street Journal
Sunday, October 20, 2019

Jimmy Hoffa is back! No, the legendary labor leader has not risen from the end zone at the old Giants Stadium in East Rutherford, N.J.—or from any of the other sites where his body was rumored to have been deposited after he disappeared on July 30, 1975. But we are witnessing a boomlet of interest in the head of the International Brotherhood of Teamsters in the 1950s and ’60s. 

In the News

Jack Goldsmith: In Hoffa's Shadow

Thursday, October 24, 2019
Hoover Institution, Washington DC

The Hoover Institution hosts "Jack Goldsmith: In Hoffa's Shadow" on Thursday, October 24, 2019 from 5:30 PM – 6:30 PM EDT.

Event
In the News

Tremendous In Texas

quoting Victor Davis Hansonvia The Patriot Post
Saturday, October 19, 2019

President Trump held a tremendous rally Thursday night in Dallas, Texas. Not surprisingly, there was no violence after the rally ended. I suspect the leftists of Antifa had second thoughts about showing their masked faces in Texas! Trump hit the left hard. He warned that the Democrats want to appoint far-left judges to “shred the Constitution.” He’s absolutely right.

In the News

Negative Rates Forever? Central Bankers Look For An Exit

quoting John B. Taylorvia Reuters
Saturday, October 19, 2019

The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.

In the News

‘Liberal Bias’ Debate On College Campuses May Encourage Open Discourse

quoting Timothy Garton Ashvia The Daily Orange
Monday, October 21, 2019

For over a year, students on campus were working to get a Young Americans for Freedom chapter approved. The Young Americans for Freedom is a nationwide political organization of college students that is based on conservative values. Back in February, the university rejected the proposed YAF chapter for its lack of a faculty adviser and its requirement that members agree to the “superiority” of the U.S. constitution. Some students have alleged that liberal bias directly impacted the group’s efforts to become a recognized student organization, which it now is.

In the News

Raghuram Rajan Expresses Concern Over India's Economic Slowdown

quoting Raghuram Rajanvia Research Writeups
Thursday, October 17, 2019

Previous Reserve Bank of India Governor Raghuram Rajan has communicated worry over India's monetary shortfall figures, expressing that it is the feasible purpose for the log jam in Indian economy. He likewise condemned the administration over its populist basic leadership which neglected to concentrate on financial development. 

In the News

Rand Paul: Why Bernie Sanders’ Socialism Hurts The Poor As Much As The Rich

quoting Thomas Sowellvia New York Post
Saturday, October 19, 2019

Four in 10 Americans now consider some kind of socialism “a good thing for the country as a whole” — an 18 percent increase since 1942, according to Gallup. But, in an excerpt from his new book, “The Case Against Socialism,” out now, Sen. Rand Paul explains why this embrace of economic equality would make life worse for us all.

In the News

There’s A Stark Reason Why America’s 1.8 Million Long-Haul Truck Drivers Can’t Strike

quoting Thomas Gale Moorevia Business Insider
Sunday, October 20, 2019

Tens of thousands of truck drivers were scheming earlier this year to strike. Such a work stoppage could have tremendous implications – some 71% of freight is moved by long-haul trucks, including groceries, manufactured goods, and even money. “We’re not all fat slobs, and we don’t all do the stereotypical trucker things,” Will Kling, a truck driver based in Reno, Nevada, told Business Insider last year. “Trucking has been forgotten.”

In the News

California's War On Citizenship

quoting Victor Davis Hansonvia The Daily Signal
Sunday, October 20, 2019

California—a one-party state dominated by progressives—has become the model for where progressivism will go when completely unchecked. Now, even the basic concept of citizenship is under full-blown assault as the state has moved on from being a “sanctuary state” for illegal immigrants to outright insisting that non-citizens have the same access to the levers of power as citizens.

In the News

What Is Undermatching?

cited Caroline M. Hoxbyvia Next Student
Saturday, October 19, 2019

Why is it that so many low-income, yet high-achieving students do not attend competitive colleges and universities after they graduate high school? Chris Avery of Harvard University and Caroline M. Hoxby of Stanford have conducted extensive research on this phenomenon. Known as “undermatching” the nation’s best and brightest from low-income backgrounds tend to shy away from private and selective colleges. 

In the News

Impeachment Wire: The Latest On The Effort To Impeach President Trump

quoting John Yoovia The Daily Wire
Friday, October 18, 2019

I remain adamant in my contention that the present Democratic impeachment effort represents a tremendous overreach — and I feel buttressed in making that contention by House Speaker Nancy Pelosi’s announcement this week that she will not hold a House-wide vote soon to formally kick off impeachment proceedings — but national polling does appear now to be solidly (if still relatively narrowly) in favor of impeachment.

E.g., 10 / 21 / 2019
E.g., 10 / 21 / 2019

Monday, January 21, 2002

Analysis and Commentary

by Herbert J. Walberg Monday, January 21, 2002
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Analysis and Commentary

by E. Donald Hirsch Jr. Monday, January 14, 2002
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Monday, December 31, 2001

Analysis and Commentary

by Henry I. Miller Monday, December 31, 2001
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Analysis and Commentary

by Chester E. Finn Jr. Monday, December 24, 2001
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Analysis and Commentary

‘Can It Happen Here? Authoritarianism In America’

by Jack Goldsmithvia Lawfare
Monday, March 5, 2018

Tuesday is the release date for an extraordinary collection of essays published under the title: Can It Happen Here? Authoritarianism in America.

Featured

Area 45: The State Of The US Economy With John Taylor

interview with John B. Taylorvia Area 45
Monday, March 5, 2018

Tax cuts as well as budget and regulatory reform should fuel economic growth.

Featured

Stock Buybacks Are Proof Of Tax Reform’s Success

by John H. Cochranevia Wall Street Journal
Monday, March 5, 2018

Companies help workers not by being philanthropic but by investing capital in profitable ideas.

Analysis and Commentary

Nassim Nicholas Taleb On Rationality, Risk, And Skin In The Game

by Russell Robertsvia EconTalk
Monday, March 5, 2018

Nassim Nicholas Taleb, author of Skin in the Game, talks with EconTalk host Russ Roberts about the ideas in the book. This is the third episode of EconTalk with Taleb related to the general topic of skin in the game and how it affects decision-making and policy in an uncertain world. This episode focuses on rationality, religion, and the challenge of thinking about probability and risk correctly in a dynamic world.

In the News

On Anticipating Surprise

quoting George P. Shultzvia War on the Rocks
Monday, March 5, 2018

Anticipating surprise is a real and longstanding security challenge, despite being an oxymoronic notion. “The future is not foreseeable,” former Secretary of State George Shultz once said, “however prescient we may think we are.” Yet, large institutions, including the U.S. armed forces, have to make strategies and investments based upon some conception of the future. Policymakers must make strategy despite an uncertain grasp of what tomorrow will bring. The only question is whether they do so badly or well.

Analysis and Commentary

Compassionate Jordan Peterson

by David R. Hendersonvia EconLog
Sunday, March 4, 2018

I've watched the whole 30-minute interview of Canadian psychologist Jordan B. Peterson by the BBC's Cathy Newman twice. Like many people, I was impressed by his ability to handle her questions and keep his cool. But when I showed it to a friend in Miami last week who knew nothing about him, we stopped after the 3-minute point because we found it so profound.

In the News

Putin And Sissi Are Putting On Elections. Why Bother?

quoting Larry Diamondvia The Washington Post
Sunday, March 4, 2018

With Western democracy on the defensive, China’s Xi Jinping is aggressively advancing a new model for human governance in the 21st century: personal dictatorship backed by nationalism, state-directed capitalism and a security apparatus empowered by cutting-edge technologies.

In the News

Condoleezza Rice: Tillerson Has 'Exceedingly Difficult' Job In 'Unusual Administration'

quoting Condoleezza Ricevia Politico
Sunday, March 4, 2018

Former Secretary of State Condoleezza Rice said Sunday that current top diplomat Rex Tillerson has a tough job — made more challenging by President Donald Trump's freewheeling communication style.

Featured

Economists Letter On Tariffs

by John H. Cochranevia Grumpy Economist
Sunday, March 4, 2018

Once per decade or so it is worth revisiting the famous 1930 economists' letter on Tariffs. 1028 economists -- a huge proportion of the number then around -- signed the following, urging President Hoover to veto the Smoot Hawley tariff.

In the News

Weakened Merkel Has Her Work Cut Out To Make Coalition Last

quoting Josef Joffevia Reuters
Sunday, March 4, 2018

Germany’s Social Democrats (SPD) have bought Chancellor Angela Merkel time with their vote to join her conservatives in another coalition, but she risks losing her long grip on power if she fails to balance the awkward allies’ conflicting demands.

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The opinions expressed in the Hoover Daily Report are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.