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The Intriguing Economics Of College Athletes Licensing Their Images

by Lee Ohanianvia California on Your Mind
Tuesday, October 8, 2019

Last week, California governor Gavin Newsom signed into law California’s Fair Pay to Play Act, which will allow California college athletes to sign commercial deals for the use of their identities and likenesses.  The law, which will also allow student athletes to hire agents to negotiate on their behalf, will take effect in 2023. This could be the law that upsets the NCAA’s long-standing cozy apple cart that has successfully funneled almost all collegiate athletic revenue to universities, and the economics of this law are fascinating.

In the News

The LGBTQ-Rights Movement Is Changing, And So Is The Supreme Court

quoting Richard A. Epsteinvia The Atlantic
Tuesday, October 8, 2019

The Supreme Court that will hear LGBTQ discrimination cases this week is radically different from the Court that legalized same-sex marriage four years ago.


Anti-Trump Psychodrama 10.0?

by Victor Davis Hansonvia National Review
Tuesday, October 8, 2019

‘Groundbreaking’ disclosures fall apart, hoaxes are exposed, the media are discredited, over and over and over again.


Jeb Bush Featured In Hoover Talk On Governance Trends, Democracy

mentioning George P. Shultz, Jim Hoagland, Hoover Institutionvia The Stanford Daily
Monday, October 7, 2019

Former Florida governor Jeb Bush was among a panel of decorated speakers who gathered on Tuesday to discuss how modern social and political dynamics are affecting the current state of government, journalism and policy in America.

In the News

Important Study Shows Adverse Economic Effects Of Private Equity Buyouts

quoting Steven J. Davisvia Forbes
Monday, October 7, 2019

In thousands of private equity buyout firms, job losses and lower wages resulted two years after the completion of the private equity transactions. After examining 9,800 U.S. private equity (PE) buyouts from 1980 to 2013, during a period that had significant swings in credit market tightness and GDP growth, professors and researchers Steven J. Davis, John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda, found that “Employment at target firms shrinks 13% over two years in buyouts of publicly listed firms.” 

In the News

Stalin And The Fate Of Europe’ Review: As The Curtain Came Down

featuring Norman M. Naimarkvia The Wall Street Journal
Monday, October 7, 2019

Of the many events that took place in the final phase of World War II, the activities on the small Danish island of Bornholm are among the least remembered. On May 9, 1945, just as Germany was surrendering to the Allies, the Red Army occupied Bornholm.

In the News

Sceptic Or Believer?

mentioning Bjorn Lomborgvia Ahram Online
Monday, October 7, 2019

Our subject is climate change. It is not one we are particularly fond of but the mainstream media is obsessed with it, inundating us with headlines and articles, so here we go again to examine the issue one more time.

In the News

Private Equity Takeovers Result In Significant Job Losses

cited Steven J. Davisvia Axios
Monday, October 7, 2019

Private equity takeovers result in significant job losses, according to a landmark new study by Josh Lerner of Harvard Business School and Steve Davis of the University of Chicago.

Analysis and Commentary

While Other Democrats Play Chess, Will Biden Turn To Checkers?

by Bill Whalenvia Forbes
Monday, October 7, 2019

Former Vice President Joe Biden has a monkey on his back – or so he thinks: President Trump.


National Security Intelligence And American Threats With Guest Amy Zegart

interview with Amy Zegartvia Stanford Radio
Monday, October 7, 2019

Hoover Institution fellow Amy Zegart discusses national security, intelligence, and threats against the US including cyber-security, drone warfare, and political risks.


Research Teams