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Intellections

The Importance Of Competition

by John H. Cochrane via PolicyEd.org
Monday, October 17, 2016
Industries without much competition are marked by high prices, low customer service, and a lack of innovation. But when competition thrives in a market, consumers get better goods and services at lower prices. Existing producers in the market don’t like competition, but it’s good for consumers. Some businesses will succeed and others will fail. But as long as it is easy for new competitors to enter the market, prices will stay low and innovation will continue.
Intellections

Socialism’s Empty Promises

by Milton Friedman, David Davenport, Allan H. Meltzer, Thomas Sowellvia PolicyEd.org
Monday, October 17, 2016
Many Americans believe socialism to be a form of social kindness by the government. But true socialism isn’t a social safety net. It is when the government controls most prices, businesses, property, and other aspects of economic life. The historical record of socialism has been wrecked or stagnating economies and flagrant human rights violations. The truth borne of a hundred years of hard experience is that people do not prosper in socialist countries.
Intellections

What’s Wrong With Health Insurance In America?

by Scott W. Atlasvia PolicyEd.org
Monday, October 17, 2016
Reforming health insurance in this country begins with redefining our understanding of what insurance is and what it supposed to cover. Insurance isn’t for routine or predictable expenses. Over time, we have come to expect all of our health care to be provided through insurance, and covering more has helped make health insurance cost more.
Intellections

Think Before You Act: Defining The Political End State

by General Jim Mattis, Kori Schakevia PolicyEd.org
Monday, October 17, 2016
When we decide we need to take military action, how do we make sure we do it right? Whether it’s fighting against ISIS in the Middle East, driving the Iraqis out of Kuwait, or confronting the Axis Powers in World War II, every military campaign should start with a very clear idea of how we want the situation to end – what we call a “clearly defined political end state.”
Econ 1 w/ John Taylor

The Budget Process

by John B. Taylorvia PolicyEd.org
Monday, October 17, 2016

This video presents a major component of fiscal policy: the complexity of the budget process. In recent years Congress’ lengthy budget debates, characterized by a strong difference of opinion between the House and the Senate, have been eventually resolved in a democratic process. Although the uncertainty in the process is a concern to fiscal policy, this video presents a clear timeline of how important the nature of the budget process is to the economy.

Econ 1 w/ John Taylor

The Debt And The Deficit

by John B. Taylorvia PolicyEd.org
Monday, October 17, 2016

The relationship between the debt and the deficit helps us to explain the projected rapid growth in federal debt. The dismal projections described can be attributed to many factors such as: the burden of interest payments, the growth of entitlements, and a lack of necessary revenues. As a result, this video explains the importance of the immense future increase in the deficit, and in turn the national debt.

Econ 1 w/ John Taylor

The Economy And The Deficit

by John B. Taylorvia PolicyEd.org
Monday, October 17, 2016

The third and final video of the series discusses the important relationship between the state of the economy and the deficit. When the economy goes into a recession, the deficit will increase; whereas when the economy booms, a surplus will occur. If the economy is performing well, and performing at or above its full potential, there are many positive outcomes for individual workers and for reducing the federal deficit.

Just The Fracts

Top 5 Reasons Fracking Regulations Are Whack

by Terry Anderson, Carson Brunovia PolicyEd.org
Wednesday, May 18, 2016

The current approach to mitigating hydraulic fracturing’s risks is top-down, command-and-control government regulation. But this system is highly inefficient and ineffective at balancing the risks and rewards of fracturing. Why? Regulation imposes costs on consumers, typically benefits special interests, limits competition, and shields bad actors from liability. Meanwhile, property rights and water markets can better mitigate the risks, while also promoting the benefits.

Intellections

No Empty Threats: Establishing Credibility In Foreign Affairs

by General Jim Mattis, Kenneth A. Schultzvia PolicyEd.org
Thursday, February 25, 2016

Often our words can replace the need for action in foreign affairs, but only if our allies and enemies believe what we say. Strength and diplomacy don’t happen without credibility. That comes from following through on what we’ll say do and never making empty threats.

Just The Fracts

Swipe Right: Seeking Fracturing Policy Alternatives

by Terry Anderson, Carson Brunovia PolicyEd.org
Wednesday, January 20, 2016

Requiring hydraulic fracturing operators to tag their fracturing fluids with tracers helps enforce the property rights of others who may be harmed. This, in turn, enables more use of insurance, surety bonding, self-regulation, and third-party verification/certification to reduce and protect against the real but rare risks of fracturing. Property rights hold producers accountable and take advantage of fracturing benefits.

Pages

Educating Americans about Public Policy

The digital media revolution has transformed the way people obtain information and form opinions. Countless partisan outlets peddle assertions and “sound bites” as indisputable facts. Few people have the knowledge and analytical skills to navigate this torrent of misinformation. They crave credible and accessible sources of facts, analysis, and information about proposed policies and the effects of those already enacted.


The Hoover Institution

Since its founding nearly 100 years ago, Stanford University’s Hoover Institution has sought to promote economic opportunity and prosperity, secure peace, and improve the human condition. Unique among policy research organizations, Hoover is part of a world-renowned university. In addition to being scholars, our fellows are educators.

Seeking to become the foremost source of policy knowledge, wisdom, and insights, we have launched the Mary Jo and Dick Kovacevich Initiative at the Hoover Institution, Educating Americans in Public Policy. The initiative seeks to:

  • Equip Americans with accurate facts and information, as well as a discerning analytical perspective, so they can better perform their civic duties, hold their elected leaders accountable, and “secure the blessings of liberty to ourselves and our posterity.”
  • Provide political leaders with reliable knowledge and analysis—tools with which they might assess alternatives in the shaping and execution of public policy.

This effort will build on our legacy of substantive policy inquiry where partisan advocacy has become the norm.

 
The Hoover Institution acknowledges significant gifts in support of its Education Americans in Public Policy initiative from the following generous and committed family foundations and individuals:

    Mary Jo and Dick Kovacevich Family Foundation
    S.D. Bechtel, Jr. Foundation
    Kurt and Julie Hauser
    E.A. and Suzanne Maas
    Frank and Mona Mapel