How much does the gap between rich and poor matter? In 1979, for every dollar the poorest fifth of the American population earned, the richest fifth earned nine. By 1997, that gap had increased to fifteen to one. Is this growing income inequality a serious problem? Is the size of the gap between rich and poor less important than the poor's absolute level of income? In other words, should we focus on reducing the income gap or on fighting poverty?
Be careful when one uses the superlative case—best, most, -est, etc.—or evokes end-of-the-world imagery...
On July 29, 1981, barely six months into his presidency and in the face of an economic crisis of historic proportions, Ronald Reagan succeeded in persuading both houses of Congress to pass dramatic tax cuts that set the stage for nearly three decades of vigorous economic growth...
Despite the fundamental distinction between the two, misunderstandings of capitalism and socialism — and their implications for freedom — abound, and usually in favor socialism. In these circumstances, a return to the basics is warranted. The 17th-century writings of John Locke in defense of political and economic freedom and the 19th- century critique by Karl Marx of political and economic freedom represent classics of the genre.
The Road Ahead for the Fed, by George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, and John Ciorciari
In this new book, The Road Ahead for the Fed (Hoover Press, 2009), coeditors John B. Taylor and John D. Ciorciari bring together twelve leading experts to examine and debate proposals for financial reform and exit strategies from the financial crisis.
In the November/December 2012 issue of Stanford Magazine, Peter Schweizer, the William J. Casey Research Fellow at the Hoover Institution, is featured discussing legislation and his current research. Last year, the CBS news magazine 60 Minutes featured Schweizer, spotlighting his book Throw Them All Out: How Politicians and Their Friends Get Rich off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison.Feedback from the program helped pass the Stop Trading on Congressional Knowledge Act, which prohibits members and employees of Congress from using nonpublic information for private gain.
From Hoover Press: The Road Ahead for the Fed, by George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, John Ciorciari
In this new book, The Road Ahead for the Fed (Hoover Press, 2009), coeditors John B. Taylor and John D. Ciorciari bring together twelve leading experts to examine and debate proposals for financial reform and exit strategies from the financial crisis...
The Hoover Institution hosted its annual Board of Overseers’ summer meeting during July 9–11, 2013.
The program began on Tuesday evening with before-dinner remarks by Paul D. Clement, a partner at Bancroft PLLC. Clement served as the forty-third solicitor general of the United States from June 2005 until June 2008. He has argued more than sixty-five cases before the US Supreme Court. During Clement’s speech, titled “Federalism in the Roberts Court,” he talked about the revitalization of federalism in the Rehnquist court “imposing some limits on the federal government’s power vis-a-vis the states.”
In today's Wall Street Journal, Hoover's Peter Robinson reports on an interview with Gary Becker. . . .
With Architects of Ruin, Peter Schweizer again delivers a knockout punch of a book that is the must read of the season for conservatives and should be a main topic of conversation for conservative media. . . .
Congressman Paul Ryan discusses, with Hoover research fellow Peter Robinson, the importance of repealing Obamacare.
In 2018, the United States faced many issues at home and abroad: immigration, trade, Supreme Court justices, health care reform and Medicare for All (M4A), socialism, entitlement spending, the Middle East, Russia, North Korea, China, and the midterm elections, as well as infrastructure, deficits and debt, and tax reform. Throughout it all, in publications across the country, Hoover fellows offered their solid, creative, thoughtful, and scholarly insight, ideas, and policy recommendations. Here is a selection of their work.
Michael Boskin, Senior Fellow at the Hoover Institution and T. M. Friedman Professor of Economics at Stanford University, discussed “Why Is Social Security So Hard to Reform and What Can Be Done About It?”
There they go again...
Are we, in fact, in a recession?
Discussing whether Ben Bernanke is good for the markets, with Donald Luskin, Trend Macro; Peter Navarro, University of California and John Taylor, Stanford University. . . .
Richard Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution and a member of the Property Rights, Freedom, and Prosperity Task Force, speaks to the constitutionality of the individual mandate provision of the Affordable Care Act.