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Friedman Fundamentals

The Invisible Hand

by Milton Friedmanvia PolicyEd
Wednesday, February 5, 2020

When people follow their own interest, they end up benefiting the public welfare.


Rethinking The Green New Deal

by Michael J. Boskinvia PolicyEd
Thursday, January 30, 2020

A modest, revenue-neutral carbon tax would provide the right incentives to reduce carbon emissions.


Technological Obstacles To Implementing The Green New Deal

by Michael J. Boskinvia PolicyEd
Tuesday, January 28, 2020

Increasing the production of renewable energy to reduce carbon emissions is an admirable goal, but it will require rapid technological advancements and an expansion of existing low-carbon options such as nuclear power.

Policy Stories

California's High-Speed Dream Derailed

by Michael J. Boskinvia PolicyEd
Wednesday, January 22, 2020

The failure of California’s high-speed rail project demonstrates that everyone loses when politicians make promises they can’t keep.

Lessons From The Hoover Policy Boot Camp

Setting The Record Straight On America's Health Care With Scott Atlas

by Scott W. Atlasvia PolicyEd
Thursday, January 16, 2020

Health care is an important to everyone, but it is often misunderstood. The health care system in the United States is the best in the world when it comes to quality and access to medical care. Cost remains an issue, however, and effective reform would lower prices without impairing access, quality, or innovation.

Friedman Fundamentals

The Historical Threat To Freedom

by Milton Friedmanvia PolicyEd
Thursday, January 9, 2020

America’s founders understood that the persistent and historical threat to freedom is the concentration of power, especially in the hands of the government. They wrote America’s Constitution in a manner that preserves individual freedom by limiting the government’s power. But too many people in modern times have forgotten the risk involved in giving the government more power and control over their lives.


The Unseen Consequences Of Occupational Licensing

by David R. Hendersonvia PolicyEd
Thursday, January 2, 2020

While occupational licensing is supposed to protect consumers, it ends up preventing new competition in the workforce.

Friedman Fundamentals

Free Trade And Dropping Tariffs

via PolicyEd
Monday, December 23, 2019

Milton Friedman describes why tariffs are bad for consumers but good for special interests. Tariffs are another way of the government telling you that you must buy more expensive products, even if cheaper ones are available. Free trade, on the other hand, means being able to buy goods in the cheapest market.

Policy Stories

The Politics Of Institutional Reform

by Terry M. Moevia PolicyEd
Tuesday, December 17, 2019

In the New Orleans school system after Hurricane Katrina, we get the rare opportunity to observe what happens when vested interest power—which normally protects bad institutions from change—is removed from the equation, and decision makers are free to do whatever seems to work in seeking real reform.

Policy Insights

Fixing The Way We Tax

featuring Edward Paul Lazear, John H. Cochrane, David R. Henderson, Richard A. Epstein, Michael J. Boskin, Daniel Heilvia PolicyEd
Friday, December 13, 2019

With the election less than a year away, presidential candidates are eagerly releasing new proposals that promise to rebuild the nation’s infrastructure, expand access to health care, and reduce college tuition. The one thing all of these ideas have in common is that they will be expensive. And unless candidates are willing to increase federal deficits that already exceed a trillion dollars, these expensive ideas mean raising someone’s taxes.


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