The Hoover Institution hosted its annual Spring Retreat beginning on Sunday, April 21, 2013, with before-dinner remarks by Kevin Warsh, a distinguished visiting fellow at the Hoover Institution and a lecturer at the Stanford Graduate School of Business. His speech, titled “The Economy over the Horizon: Unknown Knowns,” emphasized the importance of the state of the economy, which currently has a 2 percent growth rate, and understanding the concept of “unknown knowns,” a reference to former secretary of defense Donald Rumsfeld.
The ten-year anniversary of the September 11 attacks recently passed. Shortly after September 11, 2001, Uncommon Knowledge host Peter Robinson interviewed George P. Shultz on the war on terrorism in “Enemy at the Gates: The War on Terrorism.” “We should change the inflection in our voices when we say, that's history.
How has 9/11 affected our society today? Shortly after 9/11, Uncommon Knowledge host Peter Robinson interviewed Milton Friedman on the economic impact of the September 11 attacks. The recording is titled “Economics and War: The Economic Impact of the War on Terrorism.” The September 11 attacks in New York and Washington have already cost America thousands of lives and billions of dollars in damages. But those are only the direct costs. How severe and how lasting will the impact be on our economy as whole?