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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, August 28, 2000

Analysis and Commentary

by Charles Hill Monday, August 28, 2000
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by David R. Henderson Monday, August 28, 2000
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Monday, August 21, 2000

Analysis and Commentary

by Terry Anderson Monday, August 21, 2000
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Monday, August 7, 2000

Analysis and Commentary

by Stephen Haber Monday, August 7, 2000
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Analysis and Commentary

‘The Case Of The Missing Frog’

by Henry I. Millervia The Washington Times
Sunday, December 17, 2017

Sherlock Holmes it isn’t. But Weyerhaeuser v. United States Fish and Wildlife Service, a case seeking review by the Supreme Court, could be called, “The Case of the Missing Frog.” In this amphibian equivalent of an Arthur Conan Doyle mystery, the government seeks to seize control of land it does not own, to protect an endangered species of frog that does not live there, force private landowners to tear down a healthy native forest, and install at landowner expense a new forest the landowner does not want.

In the News

California School Dashboard Has Plenty Of Critics

quoting Michael J. Petrillivia Monterey Herald
Sunday, December 17, 2017

Top education officials seem enamored with the California School Dashboard, the new tool being used to measure how schools and districts are performing.

Featured

San Francisco Loses A Mayor, But Holds On To Its Complicated Existence

by Bill Whalenvia Forbes
Sunday, December 17, 2017

On Sunday afternoon, worlds collided in San Francisco. On one channel, the San Francisco 49ers were playing live, in their relatively new home in suburban Santa Clara.

Analysis and Commentary

Taxpayers Shouldn’t Pay For Corporate And Union Pension Promises

by Charles Blahousvia E21
Sunday, December 17, 2017

My recent column for Economics21 provided a factual overview of the worsening crisis in multiemployer pension plan underfunding, and a general explanation of why using taxpayer dollars to bail out these plans is a bad idea. Since then, rumors have swirled that lawmakers may try to jam a massive taxpayer-financed bailout of multiemployer pensions into an end-of-year budget deal. 

Interviews

Kiron Skinner: Trump Needs To Stand Up To China, Despite Our Confrontation With North Korea

interview with Kiron K. Skinnervia Fox News
Sunday, December 17, 2017

Hoover Institution fellow Kiron Skinner discusses US efforts to stop the mounting threats from North Korea.

Featured

The Second World Wars: How the First Global Conflict Was Fought and Won by Victor Davis Hanson: Part 3 Of 3

interview with Victor Davis Hansonvia The John Batchelor Show
Saturday, December 16, 2017

Hoover Institution fellow Victor Davis Hanson discusses his book The Second World Wars: How the First Global Conflict Was Fought and Won.

Analysis and Commentary

Origins Of The Entitlement Nightmare

by David R. Hendersonvia EconLog
Saturday, December 16, 2017

Currently, the U.S. federal government spends about $2.4 trillion per year--about 12% of GDP--on entitlement programs. This amounts to $7,500 per person annually. Only 48% of this spending goes to people officially classified as poor. The federal government provides more than $50,000 per year in Social Security and Medicare benefits to retired middle-income couples. And this is at a time when almost half of households headed by people under age 65 have incomes less than $50,000.

Analysis and Commentary

Rogoff On How To Deal With Emergencies Without Cash

by David R. Hendersonvia EconLog
Friday, December 15, 2017

As noted in my previous post, I was discussion leader at a recent colloquium on moving towards a cashless or less-cash society. Here are some quotes from Rogoff, followed by questions I asked.

In the News

3Q: Institute Professor John Deutch On Maintaining US Leadership In Technological Innovation

quoting Condoleezza Ricevia MIT News
Friday, December 15, 2017

Putting limits on foreign students or technical publications would be counterproductive, write Deutch and Condoleezza Rice.

In the News

Facebook Is Ripping Society Apart, And Other Reasons To Abandon Social Media

quoting Niall Fergusonvia The Sydney Morning Herald
Friday, December 15, 2017

Many of us need to use it, for research or to contact lost friends. In some parts of the world, it helps, in a limited way, to spread democracy. But it stresses us, even while it is temporarily calming us. Like a poker machine, its unpredictability invites us back for hit after hit until we are so full of chemicals we suffer "disconnection anxiety" when we are away from the screen. We all know people who grieve how much time social media sucks up and how angry or upset they feel after sessions on it, but they still go there.

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