Hoover Daily Report
Featured
Featured

Cruz, Trump And The Caricature Of Conservatism

by Peter Berkowitzquoting Chester E. Finn Jr.via Real Clear Politics
Sunday, February 7, 2016

The angry and uncompromising tone adopted by Ted Cruz in Iowa and in the aftermath of his victory there has reinforced the perception of right-wing callousness. So, too, has the vulgar rhetoric of Donald Trump, who has topped Republican national polls for months.

Featured

Quality Of Schools Is Critical For Economic Growth In Developing Countries, Stanford Expert Says

featuring Eric Hanushekvia Stanford News
Monday, February 8, 2016

Stanford economist Eric Hanushek said that a country's economic growth is directly based on the cognitive skills of the population, or the "knowledge capital" of a nation.

Featured

Betting On The New Hampshire Primary

by Bill Whalenvia Forbes
Saturday, February 6, 2016

Should you have any gambling money left over from Super Bowl 50, here’s a way to scratch that wagering itch: New Hampshire primary “prop” bets.

Featured

ISIS: The Latest Phase Of The Jihad

by Raymond Ibrahimvia Strategika
Monday, February 1, 2016

The best way to understand the Islamic State (ISIS) is to see it as the next phase of al-Qaeda. All Sunni Islamic jihadi groups—Boko Haram, ISIS, Taliban, al-Shabaab, al-Qaeda, even Hamas—share the same motivations based on a literal and orthodox reading of Islamic history and doctrine: resurrecting a caliphate (which existed in various forms from 632 to 1924) that implements and spreads the totality of sharia, or Islamic law.

Analysis and Commentary
Analysis and Commentary

Hillary And The Suspension Of Disbelief

by Victor Davis Hansonvia Works and Days
Sunday, February 7, 2016

In a September 2007 congressional inquiry about the ongoing surge in Iraq, then Senator Hillary Clinton all but called Gen. David Petraeus a liar. After Petraeus gave a cautiously optimistic—and prescient—appraisal of the growing quiet in Iraq, Clinton curtly dismissed him with the literary term “suspension of disbelief,” which describes the creation of a fantasy world.

Analysis and Commentary

Adam Ozimek On The Power Of Econometrics And Data

interview with Russell Robertsvia EconTalk
Monday, February 8, 2016

Adam Ozimek of Moody's Analytics and blogger at Forbes talks with EconTalk host Russ Roberts about why economists change their minds or don't. Ozimek argues that economists make erratic but steady progress using econometrics and other forms of evidence to understand the impact of public policies such as the minimum wage or government stimulus. 

Analysis and Commentary

David Davenport: Warming To Socialism?

by David Davenportvia Townhall
Monday, February 8, 2016

Are Americans becoming more socialist? Shocking polls say “yes.”

Analysis and Commentary

Army Combat Exercise In Hawaii Plays Down Cyber Threat

by Herbert Linvia Lawfare
Saturday, February 6, 2016

In a recent visit to PACOM with other Stanford colleagues, we had the chance to observe an Army brigade combat team exercise. This exercise involved an opposing force that was operating under free-play conditions—that is, the opposing force was free to innovate tactics against the brigade in training as it saw fit.

Analysis and Commentary

Larry Summers's Perspective And Mine

by David R. Hendersonvia EconLog
Monday, February 8, 2016

I'm presently working my way through, and enjoying, Robert J. Gordon's magnum opus, The Rise and Fall of American Growth. I'm reviewing it for Regulation and already, just 30 pages in, I'm seeing some problems.

Analysis and Commentary

Reverse Swing: Racist Bangalore, Racist India

by Tunku Varadarajanvia Indian Express
Sunday, February 7, 2016

Indians need to take drastic action to end racism against black Africans. We can’t be behaving like animals toward foreigners in our country.

Analysis and Commentary

China’s President Xi Jinping Channels His Inner Mao Zedong

by Alvin Rabushkavia Thoughtful Ideas
Monday, February 8, 2016

In the February 2, 2016, edition of The Wall Street Journal, Andrew Browne published a very interesting article on current political trends in China entitled “Self-Criticism Makes a Comeback in Xi Jinping’s China.”  Contrition, practiced in Mao’s time, has returned as a humiliation ritual, broadcast on national television—even including foreigners accused of various crimes against the state.

Analysis and Commentary

Altruism, No Regard For Some Others, Or Belief In The Tooth Fairy

by David R. Hendersonvia EconLog
Sunday, February 7, 2016

I gave a talk yesterday at a Fraser Institute event in Toronto. The luncheon speaker, neuro-economist Paul Zak, did a great job talking about oxytocin and its role in our systems. He started out beautifully, contrasting Thomas Hobbes's view of life in Leviathan with Adam Smith's view in The Theory of Moral Sentiments

Interviews
Interviews

Santelli Exchange: Ed Lazear On Jobs

interview with Edward Paul Lazearvia CNBC
Friday, February 5, 2016

Hoover Institution fellow Ed Lazear discusses the most important data in the January jobs report.

Interviews

Victor Davis Hanson: Clock Is Ticking On Obama's Lack Of Legacy

interview with Victor Davis Hansonvia Garrison (WIBC)
Friday, February 5, 2016

Hoover Institution fellow Victor Davis Hanson notes that time is running out for President Obama to leave a legacy.

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Interviews

Paul Gregory On The John Batchelor Show (11:25)

interview with Paul R. Gregoryvia The John Batchelor Show
Friday, February 5, 2016

Hoover Institution fellow Paul Gregory discusses his Forbes article "British Court: Putin Is A Likely Accessory To Litvinenko's Murder."

Clint Bolick
Interviews

Meet Clint Bolick, Libertarian Lawyer Turned Arizona Supreme Court Justice

interview with Clint Bolickvia Reason.com
Friday, February 5, 2016

Hoover Institution fellow Clint Bolick discusses the law and his legal career.

In the News
In the News

The Economic Reality: We Are Not Growing Enough

quoting John B. Taylorvia The Washington Post
Friday, February 5, 2016

The latest jobs numbers, a meager 151,000 for January, should force policymakers to face economic reality. We are not in a recession, and we have gained jobs since 2009. But our growth is putrid, productivity gains are slight, wages are stagnant and work participation is dreadfully low.

In the News

Hoover Institution's Working Group On Economic Policy Details Proposed Bankruptcy Reform That Could End "Too Big To Fail"

featuring Hoover Institutionvia Bradley Foundation
Monday, February 8, 2016

In 2012, building off work first published in 2010, the Resolution Project of the Hoover Institution's Working Group on Economic Policy proposed that a new Chapter 14 be added to the Bankruptcy Code, exclusively designed to deal with the reorganization or liquidation of the nation's large financial institutions.

Condoleezza Rice
In the News

NFL Women's Summit: Condoleezza Rice Talks Diversity And Inclusion In Sports

featuring Condoleezza Ricevia Forbes
Friday, February 5, 2016

Dr. Condoleezza Rice did not set out be the first and only female member of the College Football Playoff Selection Committee. And she did not set out to break the long-standing male-only membership tradition at Augusta National Golf Club.

In the News

Economic Growth Is Missing Ingredient

quoting John H. Cochrane via The Commercial
Saturday, February 6, 2016

This year’s Republican presidential race has generated an unusual number of unusually bad ideas — Donald Trump on Muslims, Ted Cruz on carpet bombing, Marco Rubio on male footwear. It has also has produced one of the best: Jeb Bush’s 4 percent plan.

In the News

Schafer: Why Do Fed Voters Always Agree?

quoting Kevin Warshvia Star Tribune (MN)
Saturday, February 6, 2016

Our Federal Reserve policy committee only shifts direction when nearly everyone agrees — and as a result probably plays it too safe.

In the News

Slow Growth Is The Root Of Our Problems

quoting John H. Cochrane via Chicago Tribune
Friday, February 5, 2016

This year's Republican presidential race has generated an unusual number of unusually bad ideas — Donald Trump on Muslims, Ted Cruz on carpet bombing, Marco Rubio on male footwear. It has also has produced one of the best: Jeb Bush's 4 percent plan.

In the News

Milt Hankins: The Numbers Don't Add Up For Trump

quoting David Bradyvia The Herald-Dispatch
Sunday, February 7, 2016

George F. Will, the syndicated columnist, is not high on my list, but recently his column headlined "Stage may be set for Christie to make a push" was spot on. What he had to say about Governor Christie was not my primary interest. The demographic complexity of a Republican winning the presidency in 2016 was.

In the News

Faulconer’s Chances -- SF Super Bowl Battleground -- CA Decides, Finally?

quoting Bill Whalenvia Politico
Friday, February 5, 2016

Is San Diego Mayor Kevin Faulconer the CA Republicans’ best hope of making a play in the 2018 governor’s race? 

In the News

Donald Trump And Ted Cruz Alarm Corporate America

quoting Timothy Kanevia Financial Times
Sunday, February 7, 2016

Bemusement over the Republican presidential race is giving way to alarm in corporate America as the traditional party of business toys with nominating two candidates — Donald Trump and Ted Cruz — who many executives view as intolerable.

In the News

Bob Filner’s Million Dollars

quoting Bill Whalenvia San Diego Union-Tribune
Saturday, February 6, 2016

They say a million dollars doesn’t go very far these days. But it can still pay for a lot of things.

In the News

Sudbury Column: Books To Mark Black History Month

mentioning Condoleezza Ricevia The Sudbury Star
Sunday, February 7, 2016

Every year, Canadians are invited to celebrate Black History Month to honour the legacy of black Canadians, past and present. This year marks the 20th anniversary of this celebration that was first formally recognized following a motion introduced in the House of Commons by the first black Canadian woman elected to Parliament, the Honourable Jean Augustine. 

David R. Henderson
In the News

My Talk At The University Of Toronto

mentioning David R. Hendersonvia EconLog
Monday, February 8, 2016

On Monday, February 8, I will be giving a talk at the University of Toronto. Topic: An Economist's Case for a Non-Interventionist Foreign Policy.