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In the News

A Complicated Villain: Is Elizabeth Warren Right About Private Equity?

cited Steven J. Davisvia ProMarket
Monday, November 11, 2019

America will always have a love-hate relationship with its wealthy financiers, but lately there has been a resurgence of interest in the private equity industry. In HBO’s Silicon Valley, for example, venture capital partner Laurie Bream is a ruthless automaton who runs on egg whites and green beans; in Succession, another HBO hit, private equity prodigy Stewy Hosseini is too untouchable to bother concealing his cocaine habit. Whether through mechanical indifference or supreme arrogance, private equity investors can strike fear in the hearts of even the grizzliest CEOs.


Lest We Forget, History Has Lessons To Teach

by Niall Fergusonvia Niall Ferguson
Sunday, November 10, 2019

Scraps of paper matter, from red poppies to international treaties.


The Enemy Within

by General Jim Mattisvia The Atlantic
Sunday, December 1, 2019

Our grasp on what it takes to sustain a democracy is slipping.

The Classicist with Victor Davis Hanson:
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The Classicist: Defending The Trump Doctrine

interview with Victor Davis Hansonvia The Classicist
Wednesday, November 13, 2019

The president’s approach to foreign policy is unconventional — but might be the best approach for a changing global environment.


John Yoo: Mistake For House To Not Make Impeachment Inquiry As Fair As Possible

interview with John Yoovia Fox News
Tuesday, November 12, 2019

Hoover Institution fellow John Yoo says House Democrats have an obligation to make the impeachment investigation as transparent as possible.


Ten Reasons Why Impeachment Is Illegitimate

by Victor Davis Hansonvia National Review
Tuesday, November 12, 2019

We are witnessing constitutional government dissipating before our very eyes.

Analysis and Commentary

Duflo And Banerjee's Deficient Thinking On Incentives, Part II

by David R. Hendersonvia EconLog
Tuesday, November 12, 2019

Last week, I wrote Part I of my critique of a recent long article in the New York Times by new Nobel Prize in economics winners Esther Duflo and Abhijit Banerjee of MIT. The op/ed is titled “Economic Incentives Don’t Always Do What We Want Them To,” New York Times, October 26, 2019. This is Part II of the critique.


Is Economic Winter Coming?

by Raghuram Rajanvia Project Syndicate
Tuesday, November 12, 2019

Now that the old rules governing macroeconomic cycles no longer seem to apply, it remains to be seen what might cause the next recession in the United States. But if recent history is our guide, the biggest threat stems not from the US Federal Reserve or any one sector of the economy, but rather from the White House.

Analysis and Commentary

The Education Exchange: Observations From Inside A Success Academy School

by Paul E. Petersonvia The Education Exchange
Tuesday, November 12, 2019

Robert Pondiscio, a senior fellow at the Thomas B. Fordham Institute, sits down with Paul E. Peterson to discuss his time observing a Success Academy school in the Bronx, and his new book, “How the Other Half Learns.”

Nobel Prize-winning economist Milton Friedman
In the News

Milton Friedman's Arguments Will Never Age

quoting Milton Friedman, George P. Shultzvia The Washington Examiner
Monday, November 11, 2019

At the top of a steep hill here stands a green hexagonal cottage. Milton Friedman, who built it in the 1960s, used to look out, as I am looking now, over the slopes that stretch in every direction, thick with pine and birch and maple. Perhaps the great free market economist mused, even in those earliest days of eco-activism, on how prosperity boosts the natural ecology.