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Analysis and Commentary

The New York Times Is Truly Messed Up

by David R. Hendersonvia EconLog
Friday, August 16, 2019

Although rightly rejected today, the Virginia-born Fitzhugh attained national prominence in the late antebellum period as one of the most widely read defenders of a slave-based economy. Charles Sumner called him a “leading writer among Slave-masters,” and his regular contributions to the pro-South magazine DeBow’s Review gained him a national readership in the 1850s.

In the News

Condoleezza Rice To Close PCMA’s Convening Leaders In San Francisco

featuring Condoleezza Ricevia Conference and Meetings World
Friday, August 16, 2019

Condoleezza Rice, the first African-American woman to hold the post of Secretary of State (2005-2009), will anchor the concluding session to 2020 PCMA Convening Leaders, which takes place 5-8 January 2020 in San Francisco, USA.

In the News

GIESBRECHT: Reconsider Gladue Sentencing

quoting Thomas Sowellvia Winnipeg Sun
Friday, August 16, 2019

A recent Ontario court decision struck down the mandatory conviction for impaired driving of a woman because she is Indigenous. This highlights the urgent need to re-examine the wrong-headed light sentencing principles (Gladue) that now apply exclusively to Indigenous offenders.

Interviews

Victor Davis Hanson On The John Batchelor Show

interview with Victor Davis Hansonvia The John Batchelor Show
Thursday, August 15, 2019

Hoover Institution fellow Victor Davis Hanson discusses his National Review article "How Robert O’Rourke Became ‘Beto’."

In the News

Books For Beefing Up Business Security

featuring Condoleezza Rice, Amy Zegartvia Business Vancouver
Thursday, August 15, 2019

Political action can seriously affect businesses and attacks can come from multiple sources such as social media users, hackers and even local governments. Condoleezza Rice and Amy Zegart look at ways in which political activity can throw a company into crisis and what measures need to be taken to limit the damage. Whistleblowers and watchdog groups may also find this book of interest.

Featured

Central Bankers In Glass Houses

by Charles Calomiris quoting Stephen Haber, Milton Friedman, Allan H. Meltzervia The Wall Street Journal
Thursday, August 15, 2019

What to make of the current battle over the politicization of the Federal Reserve? The past year has featured an unprecedented attack by President Trump on Fed leaders and their independence. Mr. Trump not only questioned the board governors’ judgment but even contemplated removing the chairman for the sin of not setting interest rates where the president wants them. 

Interviews

John Yoo On "The Authorization For Use Of Military Force (AUMF)"

interview with John Yoovia The Federalist Society
Thursday, August 15, 2019

Hoover Institution fellow John Yoo discusses the current controversies over the AUMF (Authorization to Use Military Force), which still generates a lot of attention nearly 18 years after its overwhelming enactment by Congress in 2001.

In the News

Educators Warn Of Falling Academic Standards In California

quoting Williamson M. Eversvia The Epoch Times
Thursday, August 15, 2019

With California’s K-12 education consistently ranked below average or even near the lowest in the nation, parents, educators and local officials have increasingly expressed their concern with the Golden State’s public schooling.

Analysis and Commentary

A Day That Should Live In Infamy

by David R. Hendersonvia EconLog
Thursday, August 15, 2019

August 15, 2019 is the 48th anniversary of President Nixon’s announcement of a 90-day freeze on all wages and prices. What followed after 90 days were various phases that caused the controls to last into 1974. The worst effects of the price controls were in the oil and gasoline markets, where OPEC’s price increase in the fall of 1973, combined with binding price controls, led to shortages, lineups, rationing, occasional violence in lines, and, arguably, President Carter’s Rapid Deployment Force, which was later changed into U.S. Central Command (CENTCOM.) So August 15, 1971 is a day that should live in infamy.

In the News

The Trade War Is Leading Some Firms To Crimp Investment

cited Steven J. Davisvia The Economist
Thursday, August 15, 2019

There’s tariffs on games and tariffs on toys—try explaining tariffs to your little boy. Santa’s workshop is struggling, you’ll find yourself saying. I think the reindeer are backed up with their sleighing.” 

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Research Teams