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Hoover Institution Board of Overseers February 2009 Meeting

Hoover Institution Board of Overseers February 2009 Meeting

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Hoover senior fellow John Taylor discussed his new book, Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis, when he addressed the Hoover Institution Board of Overseers. Taylor is the Bowen H. and Janice Arthur McCoy Senior Fellow at Hoover and the Mary and Robert Raymond Professor of Economics at Stanford University. Photo by Goodman/VanRiper Photography

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"Hitting the Reset Button in U.S.-Russian Relations" was the topic discussed by Michael A. McFaul, special assistant to President Obama and senior director for Russian affairs at the National Security Council. McFaul is on leave from his position as the Peter and Helen Bing Senior Fellow at Hoover, as well as deputy director of Stanford University's Freeman Spogli Institute for International Studies and director of Stanford’s Center on Democracy, Development, and the Rule of Law. Photo by Goodman/VanRiper Photography

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Hoover research fellow Russell Roberts, in "The Lure of the Free Lunch: Policy Lessons from the Current Crisis," discussed President Obama’s stimulus package and its promises as well as its many pitfalls. Roberts is also a professor of economics at George Mason University. Photo by Goodman/VanRiper Photography

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Economist Robert E. Hall presented observations and thoughts on "The Financial Crisis and Deep Recession: What to Do Now." He encouraged improving incentives for families and businesses to spend money immediately, creating so-called good banks and bad banks, and mortgage reform. Hall is the Robert and Carole McNeil (joint) Senior Fellow at Hoover and professor of economics at Stanford University. Photo by Goodman/VanRiper Photography

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Louisiana governor Bobby Jindal told Hoover overseers and guests about his strong faith in American culture, known for its people who do the right thing. In his luncheon talk, he maintained that the beauty and promise of America are found not in its economic or political systems or in its military superiority but in its culture and values. Photo by Goodman/VanRiper Photography

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Former U.S. secretary of state Condoleezza Rice, who has returned to the Hoover Institution and Stanford University, spoke to Hoover Institution overseers and guests during dinner on Monday night at the Board of Overseers meeting. Photo by Goodman/VanRiper Photography

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Edward Lazear, the Morris Arnold Cox Senior Fellow at Hoover, on Tuesday discussed "The Economy: How We Got Here — Prospects for the Future" with a focus on the mortgage meltdown and the consequences of an economic bailout and stimulus package. Lazear is also the Jack Steele Professor, Graduate School of Business, Stanford University. He recently returned to Hoover and Stanford after serving as the chairman of the President's Council of Economic Advisers. Photo by Goodman/VanRiper Photography

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Paul Ryan, member of the U.S. Congress from Wisconsin and ranking member of the House Budget Committee, addressed entitlements in the United States and the consequences of their growth during his talk on Tuesday. Photo by Goodman/VanRiper Photography

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The future of the Republican Party was discussed by Michael Steele, chairman of the Republican National Committee. Steele said the party must return to its core values and once again be "not just visionary, but meaningful" to voters. Photo by Goodman/VanRiper Photography

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Pulitzer Prize–winning syndicated columnist Charles Krauthammer commented on the Barack Obama presidency during his talk. He said that the recent presidential election did not necessarily mark the defeat of American conservatism, as has been claimed by pundits and reporters on both sides of the political spectrum. Photo by Goodman/VanRiper Photography

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