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Featured

Area 45: Michael Boskin Discusses The Left’s Agenda

interview with Michael J. Boskinvia Area 45
Wednesday, August 21, 2019

Are Democratic hopefuls offering sound ideas (Green New Deal, Universal Basic Income, Medicare-For-All) or economic illiteracy?

Featured

Victor Davis Hanson: What Could Sink Trump’s Chances In 2020?

by Victor Davis Hansonvia Fox News
Thursday, August 22, 2019

What factors usually reelect or throw out incumbent presidents? The economy counts most. Recessions, or at least chronic economic pessimism, sink incumbents. Presidents Jimmy Carter and George H.W. Bush were tagged with sluggish growth, high unemployment and a sense of perceived stagnation — and were easily defeated.

Featured

Lanhee Chen On Competition In The Health Insurance Market

by Lanhee J. Chenvia PolicyEd
Thursday, August 22, 2019

Competition among insurers has gone down and premiums have gone up as a result of Obamacare.

Featured

Milton Friedman On What Drives Economic Progress

featuring Milton Friedmanvia Wall Street Journal
Wednesday, August 21, 2019

In this animation from a “Friedman Fundamentals” video series by PolicyEd and the Hoover Institution, Milton Friedman demonstrates how the great achievements from civilization have come from individuals pursuing their separate interests, not government.

eureka image for rss feed
Featured

New Issue Of Eureka: Issue 1903

via Eureka
Thursday, August 22, 2019

New Issue of Eureka, Issue 1903, is available online.

Analysis and Commentary
Analysis and Commentary

The Libertarian: The Specter Of Recession

interview with Richard A. Epsteinvia The Libertarian
Thursday, August 22, 2019

When does the prospect of an economic slowdown justify government intervention?

Analysis and Commentary

Inflation, And History

by John H. Cochranevia The Grumpy Economist
Thursday, August 22, 2019

Phil Gramm and John Early have an excellent WSJ oped on inflation measurement. 

Analysis and Commentary

For Pete’s Sake: Tough Times In California Will Call For A Tougher Governor

by Bill Whalenvia California on Your Mind
Thursday, August 22, 2019

This column begins with birthday felicitations for my former boss, Pete Wilson, who turns 86 later this week.

Analysis and Commentary

California Can Reform K–12 And Medi-Cal, Or Face A Future Of Perpetual Tax Hikes

by David Cranevia Eureka
Wednesday, August 21, 2019

Here’s another way to look at the complicated question of California’s commitment to public education in these flush economic times, with some compelling illustration of the state’s finances. And an unsettling conclusion: more and more tax increases will be the Golden State’s fate unless lawmakers get serious about reforming two large portions of California’s budget—K–12 schools and Medi-Cal, which account for more than one-half of California’s General Fund spending.

Analysis and Commentary

The Kids Who Had Been “Left Behind” Are Doing Much Better Today Than 25 Years Ago. But What About Everyone Else?

by Michael J. Petrillivia Thomas B. Fordham Institute
Wednesday, August 21, 2019

Student outcomes rose significantly for the lowest-performing students and students of color from the late-1990s until the Great Recession—especially in reading and math, but in other academic subjects, too. There’s also been big recent improvement in the high school graduation rate for these groups.

Interviews
Interviews

John Taylor On "Rules-Based Fed Policy"

interview with John B. Taylorvia CNBC
Wednesday, August 21, 2019

Hoover Institution fellow John Taylor discusses the importance of an independent, accountable central bank.

Interviews

Casey Mulligan: We Exaggerate The Impact Of Tariffs, No Recession

interview with Casey B. Mulliganvia WGN Radio
Tuesday, August 20, 2019

Hoover Institution fellow Casey Mulligan notes that in spite of recent reports, the United States isn’t expecting another recession. He shares the advice he would give the president concerning trade.

In the News
In the News

The ‘Stakeholder’ CEOs

mentioning Milton Friedman, Hoover Institutionvia Wall Street Journal
Monday, August 19, 2019

Today’s corporate CEO is a politician as much as business leader, and for proof look no further than the statement Monday from the Business Roundtable ostentatiously redefining its mission to serve “stakeholders” in addition to the shareholders who own the company. A close reading shows there’s less substance here than meets the media spin, but it’s still notable that the CEOs for America’s biggest companies feel the need to distance themselves from their owners.

In the News

San Franciscans Show Support for Hong Kong Protesters’ Right to Protest

quoting Larry Diamondvia NTD
Wednesday, August 21, 2019

SAN FRANCISCO—They wear black clothing and hold hand-made signs. The image used to symbolize the event is a female with a bloody right eye wrapped in bandages.

In the News

Dems Memory-Hole Their Records And Other Commentary

quoting Victor Davis Hansonvia New York Post
Wednesday, August 21, 2019

“Rarely have we seen an entire primary field of candidates scrambling to renounce all their past identities and agendas — and to do so unapologetically, abruptly and vehemently,” National Review’s Victor Davis Hanson writes of the 2020 Democratic presidential hopefuls. Apparently, all of the candidates believe that the way to the top is to take back everything they once said they believed in when it comes to issues like immigration and law and order. 

In the News

A New Nuclear Arms Race? How The U.S. Withdrawing From A Treaty With Russia Increases The Risk

quoting George P. Shultzvia America Magazine
Wednesday, August 21, 2019

The Trump administration ended nuclear arms control as we know it on Aug. 2, just a few days before the anniversaries of the Hiroshima and Nagasaki bombings. The Intermediate Nuclear Forces Treaty between the United States and the former Soviet Union, the withdrawal from which the United States first signaled last fall, was developed during the Reagan administration and signed by President Reagan in December 1987. It banned the deployment of ground-launched conventional and nuclear ballistic and cruise missiles with ranges of 500 to 5,500 kilometers (310 to 3,400 miles).

In the News

It's The U.S. Fed, But The World Will Have Its Say

quoting Raghuram Rajanvia Canada.com
Wednesday, August 21, 2019

WASHINGTON — The U.S. Federal Reserve has a purely domestic mandate, answerable to an elected Congress and facing nearly daily demands from an outspoken president.

In the News

The Global Economy Has Become More Likely To Fail

quoting Michael R. Auslinvia The Hill
Wednesday, August 21, 2019

The number of political and economic germs that are flitting around the world has increased and there are mounting fears that these are becoming resistant to the fiscal and monetary pills, powders and injections. The recession word is popping up with increasing frequency. Global trade is in the doldrums, industrial production is hit hard, debts have reached record highs and growth is slowing in most places.

In the News

Trump Again Says He Is 'Very Seriously' Looking To End Birthright Citizenship

quoting John Yoovia Yahoo
Wednesday, August 21, 2019

Eight months after first raising the idea, President Trump on Wednesday said his administration is again “very seriously” looking into ending the practice of conferring U.S. citizenship on anyone born in the United States.

In the News

India's Plan To Float Foreign-Currency Bonds Stalls

quoting Raghuram Rajanvia Nikkei Asian Review
Wednesday, August 21, 2019

NEW DELHI -- The Indian government's plans for its first foreign-currency bonds appear to have run aground in the face of criticism from economists and a lack of clarity about how much borrowing will take place.

E.g., 8 / 23 / 2019
E.g., 8 / 23 / 2019

Monday, October 2, 2000

Analysis and Commentary

by Douglass C. North Monday, October 2, 2000
article
by Alvin Rabushka, Michael S. Bernstam Monday, October 2, 2000
article

Monday, September 25, 2000

Analysis and Commentary

by Diane Ravitch Monday, September 25, 2000
article

Thursday, September 21, 2000

Analysis and Commentary

by Alvin Rabushka, Michael S. Bernstam Thursday, September 21, 2000
article

Monday, September 18, 2000

Analysis and Commentary

by Robert E. Hall Monday, September 18, 2000
article

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Analysis and Commentary

At 21 Or 20 Percent, New Corporate Tax Rate Will Boost US Economy

by Casey B. Mulliganvia The Hill
Monday, December 18, 2017

Since the 1990s, U.S. corporations have been subject to one of the highest statutory tax rates in the world. The high rate has caused them to rearrange their affairs to avoid investing, especially in lines of business subject to the full rate, and thereby reducing productivity and workers’ wages.

Analysis and Commentary

Brink Lindsey And Steven Teles On The Captured Economy

by Russell Robertsvia EconTalk
Monday, December 18, 2017

Brink Lindsey of the Niskanen Center and Steven Teles of the Niskanen Center and Johns Hopkins University talk with EconTalk host Russ Roberts about their book, The Captured Economy

Featured

The Twilight Of Donald Trump

by Niall Fergusonvia Boston Globe
Monday, December 18, 2017

Each of us decides, at some point in our lives, which dramatic genre we inhabit. Is your life a tragedy? A comedy? As an academic, I aspire to live my life as a rather exalted BBC documentary, but somehow it always gravitates back to sitcom. I have friends who shoot for Hollywood costume drama, but inevitably wind up in low-budget soap opera.

Analysis and Commentary

Foreign Relations Law Casebook Supplement

by Jack Goldsmithvia Lawfare
Monday, December 18, 2017

The new Supplement for Curtis A. Bradley and Jack Goldsmith, Foreign Relations Law: Cases and Materials (6th ed. 2017), is now available. These materials update the casebook, and in particular address litigation over the Trump administration’s executive orders relating to its “travel ban,” the administration’s announcement that the United States would withdraw from the Paris climate change agreement, the debates and litigation concerning “sanctuary jurisdictions,” President Trump’s recognition of Jerusalem as the capital of Israel, and legal issues raised by various U.S. missile strikes in Syria and by the military detention of a U.S. citizen who was allegedly fighting on behalf of the Islamic State.

Featured

This Sputnik Moment

by Larry Diamondvia The American Interest
Monday, December 18, 2017

As authoritarian states like China double down on strategic investments and project their “sharp power” abroad, the United States may finally be reaching a new Sputnik moment.

Analysis and Commentary

Tirole On Economics For The Common Good

by David R. Hendersonvia EconLog
Sunday, December 17, 2017

In 2014, French economist Jean Tirole, chairman of the Toulouse School of Economics and the Institute for Advanced Study in Toulouse, won the Nobel Prize in Economics. Although he is well known within the increasingly technical economics profession, Tirole is not well known to non-economists.

In the News

‘Despot Has Slaves In His Inner Circle’

quoting Stephen Kotkinvia The Times of India
Sunday, December 17, 2017

American historian Stephen Kotkin, who has published two volumes on Joseph Stalin, kicked off the session 'Despots Then and Now' by explaining the difference between a despot and a dictator. "A dictator is the first among equals, meaning this person has unquestioned authority and those around him regard themselves as his collaborators or comrades," said Kotkin. 

In the News

Analysis: Like “Death Tax,” “Voucher School” Is A Phrase That Aims For The Gut. It May Also Be “Fake News”

quoting Michael J. Petrillivia The 74 Million
Sunday, December 17, 2017

Huffington Post’s Rebecca Klein recently published a compelling examination of the questionable lessons taught in private schools run by evangelical churches. The story made a strong case that tax dollars in states that provide tuition vouchers to families who choose the schools are supporting curricula that’s more than fairly described as extremist.

In the News

Enigma Of Evil

featuring Stephen Kotkinvia Mumbai Mirror
Sunday, December 17, 2017

Renowned historian Stephen Kotkin’s new tome offers an exhaustive look at the Soviet Union, and the world, from Joseph Stalin’s desk.

Analysis and Commentary

We Can't Wait Until The First Attack To Regulate Drones

by Lt Col James Coughlinvia The Hill
Sunday, December 17, 2017

While at a large outdoor event, you and your family and friends are enjoying the show. You passed through security, had your bags inspected and received a cursory visual inspection in order to enter the venue. You noticed a couple of security guards near the venue and some police officers directing traffic.

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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.