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Hoover Institution

The Hoover Institution shares videos intended to encourage discussion, generate ideas, and disseminate information related to peace, the human condition, and the role of government.

Treasury Intervention Cannot Override Fiscal Pressure on Long-Term Yields

Anil Kashyap argues that recent U.S. Treasury moves to support the yen and potentially buy long-dated government debt may influence markets briefly but cannot durably lower borrowing costs or stabilize currencies without fiscal and monetary policy changes. In discussion with Steven Davis, he says large deficits and rising debt-service costs are putting sustained pressure on both U.S. and Japanese yields, while Kevin Warsh’s Jackson Hole remarks have set up an immediate test of whether the Fed will act on his stated concerns about inflation.

Anil Kashyap · Steven DavisSep 18, 20267 min read

Gestapo Arrest List Revealed Plans to Decapitate Occupied Britain

Hoover Senior Fellow Russell Berman examines a surviving Gestapo arrest list prepared for Operation Sea Lion, Nazi Germany’s planned invasion of Britain in 1940. The pocket-sized booklet named thousands of people the occupation forces expected to seize, from Winston Churchill and other political leaders to exiled officials, writers, Jewish intellectuals, and former Nazis who opposed Hitler. Berman argues that the directory shows an intended occupation strategy of eliminating Britain’s independent political, cultural, and ideological authorities.

Russell BermanSep 17, 20264 min read

Bard and Johns Hopkins Advance Competing Models of Civic Education

American colleges are expanding civic education programs, but Roosevelt Montás of Bard College and William Howell of Johns Hopkins argue that the effort turns on a basic question: whether universities should prepare all students for citizenship or train future practitioners to improve governing institutions. Montás makes the case for a shared liberal education rooted in texts and discussion, while Howell is building a professional school that pairs institutional problem-solving with reflection on the contested ends public institutions serve. Both reject technocratic training as sufficient for democratic life.

Jenna Storey · Roosevelt Montás · William HowellSep 16, 202612 min read

Spoiler Liability Turns on Borrowed Expression, Not Revealed Facts

Eugene Volokh argues that revealing a plot twist in one’s own words is generally not copyright infringement, even if it ruins the audience’s incentive to watch: copyright protects expression, not facts about a fictional story. With Jane Bambauer, he examines where that line changes—when a spoiler reproduces dialogue, detailed scenes, or footage—and how fair use, unpublished material, and participation in a leak can create more difficult legal questions.

Jane Bambauer · Eugene VolokhSep 15, 202612 min read

Build Rate, Not Energy Reserves, Will Determine AI Leadership

Philip Zelikow of the Hoover Institution argues that U.S. leadership in AI will depend not only on chips and software but on the ability to build electricity generation and transmission at far greater speed. America’s fuel resources and nuclear prospects offer little strategic advantage, he says, if projects take 10 to 15 years while China expands power capacity across multiple sources at scale. Zelikow calls for bipartisan regulatory changes that turn energy abundance into operating capacity for a data-center-intensive economy.

Philip ZelikowSep 15, 20264 min read

Incentives Explain Conduct but Cannot Decide What Is Right

Psychologist Adam Mastroianni argues that incentives explain why people face pressure to do harmful things but cannot excuse conduct they know is wrong. In an EconTalk conversation with Russ Roberts, he calls surrendering moral judgment to money, status or institutional approval “loser behavior,” and contends that better systems still require people willing to refuse their terms. Their discussion tests that claim against everyday compromises, career choices and the institutions that reward them.

Russ Roberts · Adam MastroianniSep 14, 202614 min read

Cross-Border Threats Demand Intelligence Before Crisis Forces Clarity

Phillip Zelikow, executive director of the 9/11 Commission, argues that the attacks exposed a war the United States had failed to recognize and forced it to confront how transnational threats exploit safe havens, porous travel and identity systems, and divided government agencies. He credits post-9/11 reforms with making another attack harder, while arguing that the underlying lesson now applies to AI-enabled risks, pandemics, cyber threats and criminal networks: institutions built for earlier eras should be reviewed before another crisis dictates the response.

Bill Whalen · Philip ZelikowSep 11, 202615 min read

China’s Credit-Fueled Growth Model Now Constrains Its Future

Rhodium Group’s Logan Wright argues that China’s financial system, once the engine of its economic rise, now locks capital into unproductive state firms and investment while starving households and private businesses of the income and credit needed for a new growth model. In a discussion with Elizabeth Economy, he says Xi Jinping’s centralization has made it harder to absorb losses or reverse policy, leaving Beijing reliant on exports as domestic consumption and employment weaken. A genuine shift, Wright contends, would require conspicuous fiscal transfers, financial restructuring and a willingness to accept slower growth.

Elizabeth Economy · Logan WrightSep 10, 202614 min read

The Earned Income Tax Credit Targets Poverty More Directly Than Wage Floors

David Neumark argues that minimum-wage increases are a poor anti-poverty tool because they can reduce jobs and hours for lower-skilled workers while directing gains to many people outside poor households. He contends that the Earned Income Tax Credit better targets low-income working families by supplementing their earnings without raising employers’ cost of hiring.

Sep 10, 20264 min read

Central Banks Cannot Conceal the Fiscal Signal in Rising Yields

Former Reserve Bank of India governor Raghuram Rajan argues that central banks cannot solve a fiscal problem by suppressing the market signals it produces. Rising long-term yields may reflect government deficits and the future cost of accumulated debt, he says, rather than market dysfunction requiring intervention; attempts to push them down risk delaying the fiscal adjustment policymakers must eventually make. Central banks can restore liquidity in a genuine market crisis, Rajan contends, but they cannot make persistent public borrowing sustainable.

Raghuram Rajan · Steven DavisSep 9, 20267 min read

Quantum Computing Threatens the Encryption Underpinning Digital Trust

Hoover Institution’s overview argues that cryptography is the largely invisible trust layer behind modern communications, banking and digital records, while blockchain uses it to create shared ledgers without centralized custodians. That decentralization can reduce reliance on intermediaries but also complicates oversight of illicit finance, taxes and monetary policy, the source says. It further warns that quantum computing and law-enforcement demands for exceptional access could weaken the encryption on which those systems depend.

Sep 9, 20264 min read

Churchill’s 1940 Decision Shows How Leaders Can Redirect History

Historian Andrew Roberts argues that broad economic and social forces set the conditions of history, but individual leaders can still determine its course in moments of crisis. In conversation with Peter Robinson, he presents Winston Churchill’s decision to fight on in 1940 as the clearest case, defends Churchill against recent accusations over war and empire, and contends that historical judgment depends on chronology, intent and close reading rather than political mythmaking.

Andrew Roberts · Peter RobinsonSep 9, 202614 min read

Common Standards and Student Agency Define a Sowell-Inspired School Model

Educator Ian Rowe argues that Thomas Sowell’s work offers a practical model for schools serving low-income Black and Hispanic students: maintain common standards, teach students to test claims with evidence, and reject assumptions that race determines educational potential. Drawing on Sowell’s history of high-achieving Black schools and his challenge to race-based leniency, Rowe says Vertex Partnership Academies teaches students to see themselves not as victims but as “architects of their own lives.”

Ian RoweSep 8, 20269 min read

Churchill’s 1940 Decision Shows How Leaders Still Shape History

Historian Andrew Roberts argues that Winston Churchill’s decision to keep Britain fighting in 1940 demonstrates why individual judgment can still redirect history, even amid the constraints of geography, economics and public opinion. In conversation with Peter Robinson, Roberts defends Churchill against charges ranging from racism to responsibility for the Bengal famine, while arguing that Churchill understood Nazism’s character more clearly than contemporaries willing to seek accommodation. His broader case is that, as wartime memory recedes, serious study of leaders’ choices is necessary to understand statecraft.

Andrew Roberts · Peter RobinsonSep 8, 202614 min read

Deterrence Depends on Turning Commercial Technology Into Fielded Capability

Dan Berkenstock, co-author of Hoover’s Mobilize the Modern Defense Industrial Base, argues that deterring China and Russia will require the United States to turn its commercial technology and capital markets into fielded military capability. He says venture-backed firms can rapidly develop low-cost systems, but Pentagon procurement must provide credible demand and transition financing if those companies are to survive the gap between prototype and production.

Bill Whalen · Dan BerkenstockSep 4, 202612 min read

Housing Affordability Depends on Building More, Not Cheaper Mortgages

Richmond Fed president Tom Barkin argues that housing affordability depends less on cheaper mortgages than on making homes easier and less costly to build, through changes to land use, permitting, redevelopment and local attitudes toward construction. In a discussion with Steven Davis at Jackson Hole, Barkin also describes a labor market with low layoffs but weak hiring, and says uncertainty over long-term real interest rates leaves fiscal policy with less reason to assume borrowing will remain cheap.

Tom Barkin · Steven DavisSep 4, 20269 min read

Faster Payments Could Erode Banks’ Core Deposit Franchise

Kansas City Fed President Jeffrey Schmid argues that the important payments shift is not digitization but the growing speed and range of ways money can move, which could make banks’ deposit funding less predictable. Instant-payment rails, stablecoins and other emerging models may erode the float and stability that once defined the core deposit franchise, he says, while raising the stakes for resilient payment infrastructure. Schmid places that work within a Fed mandate he says is owed to the public—not financial markets—and requires both inflation control and dependable financial plumbing.

Steven Davis · Jeffrey SchmidSep 2, 20267 min read

Unelected Power Is Expanding Beyond Constitutional Checks

Victor Davis Hanson argues that American self-government erodes when power escapes the constitutional restraints that make it answerable to voters. In this Hoover Institution discussion, he contends that electoral compacts, expansive administrative agencies, partisan institutional changes and supranational bodies can bypass the division of authority among states, branches of government and the electorate. His proposed standard is authorization: political change may be necessary, but it must proceed through constitutional amendment, accountable delegation and sovereign democratic control.

Victor HansonSep 1, 20269 min read

Self-Government Depends on Distinct Citizenship and Civic Assimilation

Victor Davis Hanson argues that American self-government rests on citizenship as a distinct political status, reinforced by assimilation into a common civic culture, a broad economically independent middle class, and national allegiance stronger than ethnic or other group loyalties. He contends that blurred lines between citizenship and residence, large-scale immigration without sufficient incorporation, economic dependency, and identity-based politics are weakening the conditions on which consensual government depends.

Victor HansonSep 1, 20269 min read

A Shared Civic Culture Requires Assimilation and Self-Restraint

Victor Davis Hanson argues that America’s civic disorder is a cultural problem rather than a constitutional one: a free society needs citizens who share a primary political allegiance, civic knowledge and a willingness to restrain themselves beyond what the law requires. He contends that assimilation should preserve a common American political core while allowing cultural differences in private and local life, and that citizens, judges and elected officials alike must reduce the partisan conduct that erodes trust in public institutions.

Victor HansonSep 1, 202610 min read

ABC Challenges FCC Inquiry as Retaliation for Editorial Decisions

ABC argues that the FCC’s inquiry into its broadcast licenses is already inflicting the constitutional injury it fears: millions in legal costs and programming changes, including its decision to stop inviting political candidates onto The View. Stuart Benjamin, Eugene Volokh, and Jane Bambauer examine ABC’s claim that the agency is using ostensibly neutral concerns about employment practices and political-programming rules to retaliate against coverage officials dislike. The case tests whether courts must wait for final agency action when the regulatory process itself is alleged to be the punishment.

Jane Bambauer · Stuart Benjamin · Eugene VolokhSep 1, 202614 min read

Taiwan Deterrence Depends on Allied Industry, Logistics, and AI

Hoover Fellow Eyck Freymann argues that the United States has a narrowing five-to-eight-year window to deter Chinese coercion or military action against Taiwan, as China’s local missile, industrial and geographic advantages outpace many U.S. long-term defense programs. In conversation with economist Michael Boskin, he contends that deterrence will depend less on any single weapon than on a resilient system of allied access, logistics, undersea forces, air defenses, secure supply chains and privately developed AI and space capabilities.

Michael Boskin · Eyck FreymannAug 31, 202614 min read

Hamas’s Weakening Opens a Narrow Path to Civilian Rule in Gaza

Ahmed Fouad Alkhatib, a Palestinian from Gaza, argues that the territory’s future depends on stripping Hamas of its capacity to govern, rearm and intimidate, allowing civilian leaders to replace armed rule. While holding Israel responsible for settlement expansion and policies that weakened Palestinian moderates, he says Palestinians must also confront Hamas’s role in Gaza’s destruction and build a politics around work, security and self-government. Alkhatib proposes a demilitarized Gaza run by nonpartisan technocrats and a 100-day halt to violence as a basis for direct Israeli-Palestinian engagement; host Russ Roberts questions whether Hamas would genuinely disarm.

Russ Roberts · Ahmed AlkhatibAug 31, 202616 min read

Liberal Education Must Prepare Citizens for Freedom, Not Political Enlistment

Peter Berkowitz, a Hoover Institution senior fellow, argues in Reclaiming Liberal Education that American universities have too often replaced education for citizenship with progressive political instruction. He calls for a common core, classrooms open to serious disagreement, and institutional reforms led by trustees, donors, parents, and alternative programs—not federal control of academic life. The test, he says, is whether colleges can show that students encounter competing ideas and do their own intellectual work.

Bill Whalen · Peter BerkowitzAug 28, 202616 min read

California’s Ballot Rules Extend Vote Counts Weeks Beyond Election Day

Hoover Institution fellow Benjamin Ginsberg argues that California’s vote counts take weeks because the state has chosen broad mail-ballot access and post-election correction opportunities alongside extensive verification requirements. Counties must receive ballots for seven days after Election Day, review signatures and possible duplicate voting, and allow up to 22 days to cure certain envelope defects while processing millions of ballots. Ginsberg frames the resulting delay as a trade-off: state officials prioritize participation and accuracy, while critics say faster results are also essential to public confidence.

Benjamin GinsbergAug 28, 20268 min read

Thomas Sowell’s Legacy Is Reasoning Under Limits

Roland Fryer, Ayaan Hirsi Ali and Charles Murray argue that Thomas Sowell’s influence rests less on a fixed set of conservative conclusions than on a discipline of reasoning: start with existing conditions, account for dispersed knowledge and incentives, and test claims against outcomes. They present that method as a challenge to policies driven by good intentions or idealized assumptions, while their debate over culture, genes and intervention shows that Sowell’s framework does not eliminate substantive disagreement.

Ayaan Ali · Charles Murray · Steven Pinker · Roland FryerAug 28, 202615 min read

Jewish and Palestinian Claims Rest on an Unresolved Shared History

Historian Barry Strauss argues that Israel’s legitimacy cannot be separated from the long, continuous Jewish connection to the land, even as that history also includes Palestinian attachment, displacement and a region shaped by multiple peoples. He describes Israel as an imperfect liberal democracy marked by unequal outcomes for Arab citizens, and contends that criticism of its policies becomes anti-Zionism when it denies any place for a Jewish state in the region’s future. For Strauss, the conflict’s history makes slogans—and expectations of a quick settlement—misleading.

Barry StraussAug 27, 20269 min read

Coexistence Is Necessary but Peace Remains Unlikely

Barry Strauss argues that criticism of Israeli policy, including the Netanyahu government, is distinct from denying Israel’s right to exist—a distinction he says is obscured by antisemitism at political extremes. He maintains that Jewish historical ties to the land do not justify excluding Palestinians, but says lasting coexistence requires Palestinian acceptance of Israel as well as changes shaped by outside powers, particularly Iran and the United States. Strauss sees little reason to expect such a settlement soon.

Barry StraussAug 27, 20268 min read

Sweden Rebuilds Total Defence to Make Deterrence Credible

Sweden is rebuilding total defence around the premise that military deterrence is credible only if the society behind it can keep operating under attack. Civil Defence Minister Carl-Oskar Bohlin argues that resilient energy, communications, healthcare, supply chains, businesses and households are necessary to sustain a war effort and counter coercion below the threshold of open conflict. He presents the programme as Sweden’s contribution to NATO: not a claim on allied protection, but a capacity to provide security in the High North.

Jenn Henry · Carl-Oskar Bohlin · Herbert McMasterAug 26, 20269 min read

Quantum Computing’s Path to Utility Runs Through Algorithms and Hardware

Stanford’s Emerging Technology Review argues that quantum computing remains far from practical use because it lacks problem-specific algorithms and still depends on advances in hardware scaling, qubit coherence, and error correction. The review distinguishes quantum sensing, which could deliver utility through greater measurement sensitivity, and says US leadership will require sustained basic research, a trained workforce, secure supply chains, and coordinated public and private investment.

Aug 25, 20263 min read

American Strategy Succeeds When Force Serves Bounded Political Aims

Brookings senior fellow Michael O’Hanlon argues in To Dare Mighty Things that American strategy works best when military power, alliances and deterrence serve a bounded political purpose—and fails when force is asked to remake societies or achieve ends leaders have not clearly defined. In a conversation with Hoover’s Michael Boskin, O’Hanlon calls this approach “resolute restraint”: maintain credible power and defend vital interests, but commit to war only when its objectives, means and durable political support align.

Michael O'Hanlon · Michael BoskinAug 24, 202616 min read

California’s Homelessness Spending Faces an Accountability Test

As California’s legislative session nears its deadline, Hoover Institution fellows Bill Whalen and Lee Ohanian argue that homelessness remains Governor Gavin Newsom’s clearest political and policy vulnerability. They contend that the state’s Housing First approach has spent heavily without adequately measuring results or connecting housing to treatment, sobriety, and recovery. The pair also warn that California risks weakening its economic position if opponents of a proposed wealth tax cannot articulate the costs of business departures and if regulators allow the Paramount dispute to push production elsewhere.

Bill Whalen · Lee Ohanian · Jonathan MovroydisAug 21, 202610 min read

Patient Price Visibility and Provider Competition Could Lower Healthcare Costs

Scott W. Atlas argues that American healthcare’s high costs and uneven access stem less from insufficient coverage than from a system that shields patients from prices and limits competition among providers. He favors consumer-directed insurance and health savings accounts, transparent pricing for scheduled care, and fewer restrictions on physician training, licensing, and nonphysician practice. Atlas also contends that Medicaid enrollment does not ensure access, while drug-price controls risk weakening the incentives for pharmaceutical innovation.

Scott AtlasAug 21, 202610 min read

Insurance Coverage Does Not Guarantee Timely, Effective Care

Scott W. Atlas argues that U.S. health policy should be judged by whether patients can obtain effective care in time, not by insurance coverage, spending levels, or stated intentions. He contends that single-payer systems achieve lower costs partly by restricting treatment, technology, and specialist access, while the United States delivers stronger outcomes through greater capacity and innovation. Atlas also links the post-COVID decline in institutional trust to what he calls the false claims and overlooked harms behind pandemic restrictions.

Scott AtlasAug 21, 20269 min read

Public-Health Trust Depends on Evidence, Dissent, and Accountability

Scott Atlas argues that public health can rebuild trust only by showing greater discipline under uncertainty: testing evidence, admitting limits, and permitting dissent rather than enforcing consensus. He says COVID-era officials and physicians too often substituted conformity and fear for judgment, then failed to revisit the assumptions behind prolonged restrictions. Atlas extends that critique to prevention policy, arguing that government should inform people about health risks but not use aid programs or emergency authority to direct private choices.

Christina Lazar · Scott AtlasAug 21, 20267 min read

Economic Warfare Alone Cannot Break Iran’s Grip on Hormuz

Economic pressure on Iran cannot reopen the Strait of Hormuz or produce a durable settlement unless it is tied to clear objectives, sustained enforcement and credible military backing, John Cochrane, Niall Ferguson and H.R. McMaster argue. Cochrane doubts Washington will bear those costs; Ferguson says earlier military choices have narrowed its options, while McMaster contends that Iran can still be weakened through an integrated strategy extending beyond economic measures alone.

Bill Whalen · Herbert McMaster · John Cochrane · Niall FergusonAug 20, 202612 min read

2008 Stimulus Checks Raised Saving More Than Consumption

Economist Valerie Ramey argues that the 2008 U.S. rebate checks—and comparable payments in Singapore—produced visible jumps in disposable income and saving, but little aggregate increase in consumption. That pattern, she says, is inconsistent with household-level estimates suggesting recipients quickly spent 50 to 90 cents of every payment dollar; her re-estimates and aggregate evidence put the 2008 transfer multiplier below 0.2. Ramey distinguishes such temporary transfers from direct government purchases, which create demand without relying on households’ spending decisions.

Valerie RameyAug 19, 20268 min read

High Household Spending Responses Do Not Make Stimulus Self-Financing

Valerie Ramey argues that fiscal stimulus should be assessed not only by its short-term lift to demand but by the debt and interest costs that remain after a crisis. While research showing high household spending from temporary transfers strengthened the case for emergency support during the financial crisis and COVID, she says it did not establish that the resulting borrowing would pay for itself. In her estimate, those two episodes account for roughly 27% of the current US debt-to-GDP ratio.

Valerie RameyAug 19, 20267 min read

Broad Transfers Work Best as Emergency Insurance, Not Stimulus

Valerie Ramey argues that fiscal stimulus should be judged by the economic gain it produces relative to the debt it adds, not by the amount government spends. She says broad COVID-era payments were defensible as emergency income insurance in spring 2020, when targeted aid was impractical, but later rounds were harder to justify as the economy reopened. For short-run stabilization, she places greater weight on government purchases that can occur quickly and cautions that tax changes and deficit reduction carry their own, often larger, economic effects.

Valerie RameyAug 19, 20269 min read

Capitalism Requires Impartial Law, Competition, and Broad Opportunity

Ross Levine argues that market-based capitalism delivers prosperity and freedom only when competition is protected by impartial law and the state is strong enough to enforce rules without becoming a dispenser of political privilege. In conversation with Steven Davis, he makes a moral as well as economic case for a system in which people advance by serving willing customers rather than securing favors, while both men argue that public policy must address market failures and give more people a meaningful chance to participate.

Ross Levine · Steven DavisAug 19, 202612 min read

Permitting Delays and Construction Costs Threaten Affordable U.S. Energy

Steven Davis of the Hoover Institution argues that America’s relatively low energy prices—an advantage for households and industry—are at risk as electricity demand rises from data centres, industrial expansion and other uses. He says the United States will need new generation, transmission and distribution capacity, but that building it affordably requires cutting tariffs on construction inputs, easing occupational licensing barriers and reforming permitting and environmental reviews that add years of cost and uncertainty.

Steven DavisAug 18, 20265 min read

Allied Coordination Is the Missing Link in Taiwan Deterrence

Eyck Freymann argues that preventing conflict over Taiwan requires the US and its allies to coordinate political, military, strategic, and economic power rather than rely on American military strength alone. China can pressure Taiwan through blockade, coercion, and economic measures short of invasion, he says, while allied governments remain organized around separate national policies and bureaucratic silos. The deterrent resources exist, Freymann contends; what is missing is the joint planning and trusted relationships needed to use them in a crisis.

Eyck FreymannAug 18, 20264 min read

Charles Murray’s Evidence-Based Case for Taking Religion Seriously

Charles Murray, the social scientist and author of Taking Religion Seriously, argues that a lifetime of casual agnosticism has become intellectually untenable. In a conversation with Peter Robinson, he says evidence and questions that materialism does not resolve—especially consciousness, near-death experiences, the historical grounding of the Gospels, and the Shroud of Turin—have led him to take God and Christianity seriously, though not to claim settled faith. Murray’s case is cumulative: religious belief, he argues, should be judged for its truth rather than defended merely for its civic utility.

Peter Robinson · Charles MurrayAug 17, 202614 min read

Industrialization Scaled When Parliament Made Land Rights Negotiable

Ben Southwood of Works in Progress argues that the Glorious Revolution accelerated British growth by making Parliament a dependable forum for untangling land rights that blocked investment. A legislature dominated by landowners used thousands of private acts to modify inheritance settlements, consolidate scattered holdings and authorize transport projects, while preserving claims for heirs and other affected parties. Southwood’s broader point is that industrialization depended not just on new ideas, but on institutions able to make their application—and agreement among those whose rights stood in the way—possible.

Russ Roberts · Ben SouthwoodAug 17, 202614 min read

Education Reform Depends on Using Outcome Data to Make Hard Choices

Caroline Hoxby argues that education policy should use outcome data to make harder distinctions: paying teachers for measured effectiveness, underwriting student loans based on evidence of college progress, and judging institutions by the results they deliver. The main obstacle, she says, is usually not a lack of data or technical capacity but political resistance to unequal treatment and accountability. Hoxby also makes the case for state and local autonomy to test such policies, provided results can be measured and compared.

Caroline HoxbyAug 14, 20269 min read

College Opportunity Requires Better Underwriting, Testing, and Information

Economist Caroline Hoxby argues that college opportunity is fairer when public policy distinguishes between early uncertainty and later evidence. She makes the case for front-loaded grants, better underwriting and institutional accountability in student lending, alongside admissions tests and targeted information that allow qualified students from less advantaged backgrounds to demonstrate ability and find colleges that match their potential.

Caroline HoxbyAug 14, 20268 min read

Wisconsin’s Differentiated Teacher Pay Improved Achievement and Recruitment

Economist Caroline Hoxby argues that teacher pay remains tied to seniority and credentials even though teachers differ substantially in the value they add to student outcomes. She says value-added measures, supplemented by school-level judgment, can identify those differences well enough to support differentiated compensation—and points to Wisconsin districts that adopted more flexible pay as evidence of gains in achievement and recruitment of effective teachers.

Caroline HoxbyAug 14, 20267 min read

Norway Treats Arctic Security and Energy Infrastructure as One Defense Problem

Ine Eriksen Søreide, leader of Norway’s Conservative Party, argues that Norway’s Arctic position, offshore energy infrastructure and maritime role place it on the front line of a broader contest over European security. She says NATO’s principal test is increasingly likely to come through cyberattacks, sabotage and other gray-zone coercion designed to expose political divisions before an Article 5 response is clear. In her account, sustaining Ukraine, securing critical infrastructure and reducing industrial dependencies are parts of the same long-term task: adapting allied defense to a durable confrontation with Russia and its partners.

Herbert McMaster · Ine SøreideAug 13, 202613 min read

Britain’s Wartime Diplomats Turned Declining Power Into Lasting Influence

Lord Peter Ricketts, former head of Britain’s Diplomatic Service, argues that the wartime Foreign Office was not a ceremonial adjunct to military power but an instrument for sustaining alliances, securing access and preparing the political order after victory. Unable to match American or Soviet scale, Britain used diplomats to keep de Gaulle aligned, hold Spain outside the Axis, support governments in exile and build the institutions through which it could retain influence after 1945. Ricketts also contends that this work exposed the costs of the service’s narrow recruitment and exclusion of women.

Andrew Roberts · Peter RickettsAug 12, 202615 min read

Terminal Illness Clarifies the Limits of Achievement and Power

Facing terminal pancreatic cancer, former senator and university president Ben Sasse argues that mortality strips professional achievement, online judgment and political performance of their claim to ultimate importance. In conversation with EconTalk’s Russ Roberts, Sasse grounds that view in a Christian account of guilt, grace and gratitude, and extends it to a critique of institutions—from Congress and universities to digital platforms—that seek authority or attention while evading responsibility. What endures, he says, is embodied life: faith, family, service and accountable work.

Russ Roberts · Ben SasseAug 10, 202614 min read

Jan Karski Carried Holocaust Evidence to Allies Who Would Not Believe It

Hoover Institution research fellow Katharina Friedla argues that Jan Karski’s wartime importance lay in both witnessing Nazi persecution firsthand and trying, unsuccessfully at first, to persuade Allied leaders of its scale. After entering the Warsaw Ghetto and a transit ghetto near Belzec in 1942, Karski carried reports of deportations and extermination to London and Washington, where some officials struggled to believe him. After the war, Friedla says, he helped preserve the documentary record of occupied Poland for the Hoover Library and Archives.

Katharina FriedlaAug 6, 20264 min read

Iraq’s Sovereignty Depends on Fighting Corruption and Curbing Armed Groups

Former Iraqi prime minister Haider al-Abadi argues that Iraq’s central threat has shifted from ISIS to the corruption, patronage, and armed networks that weaken the state from within. He says Baghdad should use the relative respite to strengthen the judiciary, bring wartime militias under legal authority, and prevent elite theft through more transparent institutions. In his account, a durable partnership with the United States and deeper regional economic links should support Iraqi sovereignty—not substitute for it.

Haider al-Abadi · Herbert McMaster · Jenn HenryAug 4, 202611 min read

US Chip Strategy Requires Fabs, New Architectures, and Skilled Workers

The Stanford Emerging Technology Review argues that US semiconductor policy must address a strategic dependence on Taiwan, which produces more than 60% of global chips and nearly 90% of the most advanced ones. It makes the case for expanding domestic manufacturing and diversifying supply chains while investing in new chip architectures, energy efficiency for AI workloads, and a workforce that can staff an expected 115,000 additional semiconductor jobs by 2030.

Aug 4, 20263 min read

The Trump Doctrine’s Durability Depends on Institutions Beyond Trump

Kiron Skinner argues that the Trump Doctrine seeks to make U.S. power more durable by replacing aid conditioned on U.S. social and political preferences with trade and investment, pressing allies to bear more of their own defense, and abandoning Cold War assumptions about how to compete with China. She contends that China’s integration into global commerce makes a democratic coalition model inadequate, while U.S. institutions remain poorly equipped for long-term strategy. Skinner acknowledges that the doctrine’s soft-power framework and several of its policies remain unfinished, and says its durability will depend on whether the political coalition behind it outlasts Trump.

Kiron SkinnerAug 3, 20269 min read

Containment’s Collapse Opened the Way for a Trump Doctrine

Kiron Skinner argues that U.S. foreign policy has lacked an organizing doctrine since Cold War containment, even as the postwar order built under exceptional American power has frayed. She casts Donald Trump as the political figure who, in her account, made a strategic break possible by recognizing the rise of competing powers and constituencies alienated from the old order. Skinner’s case identifies the exhaustion of that framework more clearly than it defines the commitments of an emerging Trump doctrine.

Kiron SkinnerAug 3, 20268 min read

Sovereignty, Burden-Sharing, and China Define the Trump Foreign-Policy Doctrine

Kiron Skinner argues that Donald Trump’s foreign policy was organized around sovereignty: states should secure their own borders, bear a greater share of their own defense, and deal with one another on reciprocal terms rather than through open-ended U.S. commitments. In her account, that logic drove Trump’s pressure on NATO, preference for flexible regional partnerships over new permanent alliances, and rejection of nation-building. It also recast China as a strategic competitor rather than a country expected to converge with the liberal international order through economic integration.

Kiron SkinnerAug 3, 20267 min read

Palestinian Victimhood Has Become a Global Political Resource

Hussein Aboubakr Mansour, an Egyptian-born scholar, argues that Palestine has become a self-reproducing system in which real Palestinian suffering is converted into political legitimacy, institutional standing, regional leverage and moral meaning for actors far beyond Israel and the Palestinians. Drawing on his upbringing in Egypt and his essay on the political economy of the symbol, he contends that Arab regimes, Islamist movements, rival states, Western institutions and NGOs can all be both users and captives of a conflict whose continued centrality serves distinct interests.

Russ Roberts · Hussein MansourAug 3, 202615 min read

Sowell Treated American Racial History as Part of a Global Record

Niall Ferguson, Victor Davis Hanson, and Coleman Hughes argue that Thomas Sowell’s central contribution was a comparative historical method that treated American questions of race, slavery, migration, inequality, and political order as part of wider human patterns. They focus on Sowell’s culture trilogy and later work to contend that cultural practices, human capital, and institutions—not racial essence or American exceptionalism—better explain how groups rise, stagnate, or come into conflict. They also credit his plain prose with carrying those arguments beyond academic institutions they say largely excluded him.

Coleman Hughes · Victor Hanson · Niall FergusonJul 30, 202614 min read

Thomas Sowell’s Comparative History Challenges American Racial Exceptionalism

Victor Davis Hanson argues that Thomas Sowell’s historical importance lies in his comparative method: *Race and Culture* places American slavery, Jim Crow, and their aftermath within patterns found across societies and eras, rather than treating the US as uniquely exceptional. Hanson says Sowell’s work relies on disciplined observation and reasoning from examples while resisting ideological orthodoxy. Coleman Hughes, who began reading Sowell as a teenager, says the books gave developed form to questions he had already begun to ask.

Niall Ferguson · Victor Hanson · Coleman HughesJul 29, 20264 min read

The Turkish Straits Stay Open Through Rules, Turkey, and Allied Vigilance

Hoover Institution researcher Ziyi Wang argues that the Turkish Straits’ relative stability during the Russo-Ukrainian war shows how maritime chokepoints can remain open when enforceable rules, capable regional authorities, and allied vigilance align. The 1936 Montreux Convention has allowed Turkey to limit wartime naval passage while preserving commercial traffic, including Black Sea grain exports, she says. But that arrangement remains vulnerable to Russian coercion or low-cost disruption, with consequences for global food, energy, and trade flows.

Ziyi WangJul 29, 20264 min read

Southeast Asia Accepts Maritime Capacity Building, Not Quad Alignment

Southeast Asian states are open to maritime-security cooperation with Australia, India, Japan and the United States, but resist arrangements that make them appear to join a bloc against China, according to a Hoover Institution discussion featuring regional experts. Le Hiep, Sarah Teo and Muhammad Kharisma argue that Vietnam, Singapore and Indonesia assess proposals by their leadership, purpose, location and degree of national control: capacity-building, information-sharing and disaster relief can be acceptable, while visible warfighting integration and Quad branding raise the political cost.

James Ellis · Le Hiep · Muhammad Kharisma · Arzan Tarapore · Marise Payne · Sarah TeoJul 29, 202614 min read

Political Systems Fail When They Cannot Absorb Pressure

Conrad Black argues that political systems and empires endure not through concentrated power alone but through their ability to absorb pressure, accommodate opposition, and weigh the long-term consequences of statecraft. In his account, France’s pre-revolutionary order and the autocracies of 1914 failed because rulers lacked meaningful checks on their judgment, while parliamentary governments were better equipped to recognize the costs of war. Black also contends that settlements designed to defeat an immediate enemy—from Napoleon onward—can create more dangerous strategic problems in their wake.

Andrew Roberts · Conrad BlackJul 27, 202612 min read

Decisive Force Now Depends on Distributed Precision and Rapid Replacement

Nadia Schadlow argues that cheap, precise drones are changing military mass from the physical concentration of forces at a single decisive point into coordinated pressure across a wider battlespace. But she contends that decentralized systems matter only if militaries can field, adapt and replace them at scale—and that they must complement, rather than replace, troops, logistics and high-end combined-arms capabilities.

Jul 27, 20264 min read

Wilderness Is a Cultural Idea, Not Land Untouched by People

In *The Savage Landscape*, writer Cal Flyn argues that wilderness is not land untouched by people but a contested idea shaped by history, culture and power. Speaking with Russ Roberts, she examines how that idea influences conservation and predator reintroduction, including who gains from protected land and who bears its costs. Flyn also contends that the enduring appeal of wild places lies less in an escape from humanity than in encounters with fear, beauty and limits on human control.

Russ Roberts · Cal FlynJul 27, 202613 min read

Tax Pledges Aim to Prevent Deficit Deals From Raising Revenue

Grover Norquist, president of Americans for Tax Reform, argues that federal deficits are a spending problem, not a case for higher taxes. He says tax-and-spending bargains repeatedly deliver permanent revenue increases while promised cuts disappear, making written anti-tax pledges a necessary constraint on lawmakers. His program pairs resistance to new federal revenue with lower taxes on investment, while relying on state spending caps and phased tax cuts to limit government growth.

Jon Hartley · Grover NorquistJul 24, 202612 min read

Ukraine’s Winter Endurance Could Determine the Path to Peace

Polish Foreign Minister Radosław Sikorski argues that Ukraine’s ability to withstand Russia’s attacks on power and heating infrastructure this winter could determine whether peace becomes possible next year. He presents Poland’s response to Russian aggression as a wider strategy: strengthen NATO’s eastern flank with permanent U.S. forces, raise European defense spending, sustain Ukraine financially and militarily, and reduce dependencies that leave Europe vulnerable to coercion.

Radosław Sikorski · Herbert McMasterJul 22, 20269 min read

Poland Ties NATO Deterrence to Forward Forces and Ukrainian Resilience

Polish Foreign Minister Radek Sikorski argues that Russia’s confrontation with the West is already being waged through military pressure, sabotage, disinformation and coercion, requiring NATO to make deterrence tangible on its eastern flank. His case pairs Poland’s defense buildup and industrial integration with U.S. forces positioned near Russia, European capacity to reduce strategic dependencies, and sustained support for Ukraine. A failure to break Ukraine, he contends, would demonstrate that Russian aggression cannot achieve its aims.

Herbert McMaster · Radosław SikorskiJul 21, 20269 min read

Energy Competitiveness Depends on Scaling Grids, Storage, and Supply Chains

America’s energy challenge is not choosing a winning technology but building a power system that can remain affordable, reliable and cleaner as demand rises, the source argues. It makes the case for a coordinated domestic buildout—combining diverse generation, including nuclear, renewables and geothermal, with storage, transmission, smart grids and resilient supply chains. In this account, deployment capacity will determine whether energy innovation strengthens US economic growth, grid resilience and national security amid competition with China.

Jul 20, 20264 min read

The Iliad Finds Human Choice Within Fate and Violence

The Iliad examines what choice and responsibility remain when people are bound by fate, hierarchy, violence and grief. Poet and Freedom Reads founder Reginald Dwayne Betts and EconTalk host Russ Roberts argue that Homer’s warriors continue to make consequential decisions under severe constraint, while the poem measures those decisions through the dead, their families, and the homes and obligations war leaves exposed. Betts draws on his experience of incarceration to illuminate choice within narrowed circumstances, and both readers locate the poem’s moral turn in Achilles’ recognition of Priam’s grief.

Reginald Betts · Russ RobertsJul 20, 202612 min read

Japan Recasts Economic Security as Deterrence Against Coercion

Former Japanese national security adviser Shigeru Kitamura argues that Japan must treat military deterrence, economic resilience, technological protection and alliance coordination as parts of a single strategy against coercion that begins well below the threshold of war. With China’s military expansion and economic leverage reshaping the regional balance, he says Japan should reduce one-sided dependencies while building technological and industrial capabilities that make it strategically indispensable. The US-Japan alliance, in his account, must turn that approach into coordinated action on supply chains, critical technologies, energy and defense capacity.

Herbert McMaster · Shigeru KitamuraJul 15, 202613 min read

Hormuz Closure Exposes Energy Security’s Dependence on Naval Power

Admiral James O. Ellis argues that Iran’s prolonged closure of the Strait of Hormuz has exposed an energy transition driven less by fuels than by vulnerability: access now depends on geography, military protection and commercial confidence. Replacement oil and gas can ease an immediate shock, he says, but cannot reopen a route that shipowners and crews consider unsafe. Ellis calls for greater naval capacity, allied cooperation and advance planning with Asian partners whose energy supplies depend heavily on Gulf transit.

James EllisJul 15, 20265 min read

Weak Civilian Institutions Are Pulling Indonesia’s Military Into Governance

Norman Joshua argues that Indonesia’s 2025 expansion of the military’s role into cybersecurity, border management and disaster response reflects a broader model of “governance through security,” in which the armed forces compensate for weak civilian administration. While Indonesia faces legitimate defense and regional-security pressures, he contends that assigning civilian functions to security institutions blurs democratic lines of accountability and can entrench the military in domestic governance. His proposed remedy is stronger civilian capacity, not a diminished defense posture.

Norman JoshuaJul 14, 20263 min read

Sanctions Work When Tied to Clear Political Objectives

H.R. McMaster argues that sanctions are effective only when they are tied to a realistic political objective and deployed alongside diplomacy, military power, and allied cooperation. Economic damage alone will not force compliance, he says: policymakers must enforce restrictions, preserve humanitarian access, act before targets adapt, and offer calibrated relief for verifiable changes in behavior.

Herbert McMasterJul 14, 20264 min read

Spin Master Turned Toy Novelties Into Durable Story Worlds

Spin Master co-founder Ronnen Harary argues that the company’s durable successes came when it moved beyond one-time toy novelties and built systems in which play mechanics, characters and stories reinforced one another. In a conversation with EconTalk’s Russ Roberts, Harary traces that shift from Earth Buddy and Devil Sticks to Bakugan and Paw Patrol, while arguing that the company’s longer-term test is whether it can keep generating products without its founders at the center.

Russ Roberts · Ronnen HararyJul 13, 202614 min read

Occupational Licensing Rules Need Evidence on Quality, Access, and Costs

Kyle Rozema framed occupational licensing as a trade-off between public protection and restricted access to work and services, and the panelists applied that test across law, medicine, economics, apprenticeships, screening, and discipline. Jason Hicks, Alicia Plemmons, and Yun Taek Oh largely defended licensing where it plausibly controls quality, but argued that many existing requirements — from portability barriers and recurring exams to opaque character reviews and public discipline — need narrower justification, better evidence, and more transparent design.

Kyle Rozema · Alicia Plemmons · Jason Hicks · Yun OhJul 9, 202619 min read

Occupational Licensing Reform Targets Boards, Degree Requirements, and Speech Restrictions

At a Hoover Institution symposium chaired by Dan Sullivan of the Federal Reserve Bank of Chicago, Daniel Graulich, Lisa Knepper and Peter Blair argued that occupational licensing reform is increasingly about who controls the boundaries of work. Graulich framed licensing boards as a competition problem when market participants regulate their rivals; Knepper described litigation over boards’ efforts to absorb speech, advice and new services into licensed occupations; and Blair argued that bachelor’s-degree requirements can restrict labor-market access in much the same way as licenses.

Janna Johnson · Jason Hicks · Lisa Knepper · Peter Blair · Daniel Sullivan · Daniel Graulich · Morris Kleiner · Michael FarrenJul 9, 202619 min read

Focused Deterrence Helped Baltimore Cut Homicides Without Saturation Policing

Steven Davis’s interview with economists Aaron Chalfin and Max Kapustin examines Baltimore’s 2022 adoption of focused deterrence, a strategy aimed at the small number of people, groups, and disputes driving serious gun violence. Chalfin and Kapustin argue that the evidence does not prove the strategy caused Baltimore’s full 60% homicide decline, but that district-level comparisons, crime-specific declines, and changes in enforcement patterns point to a material effect on shootings and homicides. Their case is that focused deterrence is neither saturation policing nor a services-only model, but a targeted approach whose promise depends on sustained coordination among police, prosecutors, service providers, and community leaders.

Max Kapustin · Steven Davis · Aaron ChalfinJul 8, 202616 min read

California’s Initiative System Has Become a Tool for Organized Interests

Lanhee Chen argues that California’s initiative system still serves as an escape valve when Sacramento will not act, but has become increasingly dominated by the moneyed interests, consultants and procedural insiders it was designed to bypass. In a Hoover Institution discussion with Bill Whalen, Chen uses the state’s crowded November ballot to show how direct democracy now functions not only as a vehicle for voter policy choices, but as leverage in negotiations, a turnout tool and a way for entrenched actors to preserve power.

Bill Whalen · Lanhee ChenJul 7, 202621 min read

Communications Has Become Part of How Political Power Is Exercised

David Yelland, the former Sun editor turned communications adviser, argues that public relations has become part of the machinery of power rather than a layer applied after decisions are made. In conversation with Andrew Roberts, he says the collapse of mass tabloid influence, the rise of financial media and digital platforms, and the speed of modern politics have made communication central to how governments, companies, monarchies, and foreign states exercise authority. His recurring test is whether the principal is credible enough to lead that process, because even the strongest advisers cannot rescue a leader the public does not believe.

Andrew Roberts · David YellandJul 7, 202623 min read

Achilles’ Rage Exposes the Fragile Economy of Honor and Trust

In an EconTalk Book Club conversation, Shalem College’s Ido Hevroni and Russ Roberts read Homer’s Iliad as a poem about Achilles’ rage rather than a general account of the Trojan War. Hevroni argues that the quarrel between Achilles and Agamemnon exposes a moral economy of honor, hierarchy, trust, and duty, while the poem’s gods and violence make visible powers that still shape human life. Teaching the Iliad to students returning from war, he says, has made its account of betrayal, loyalty, and moral judgment less remote without reducing it to a book only for soldiers.

Ido Hevroni · Russ RobertsJul 6, 202618 min read

Soviet Records and Testimonies Document Poland’s Wartime Deportations

Hoover fellow Norman Naimark uses the institution’s Polish wartime holdings to document the Soviet seizure and deportation of Poles from eastern Poland after 1939. He argues that the collection’s force lies in the combination of survivor testimony and Soviet identity papers: accounts of arrest, boxcar transport, forced labor, hunger and Gulag life, alongside the documents that later allowed some deportees to leave the Soviet Union after the 1941 alliance shift.

Norman NaimarkJul 2, 20265 min read

Colombia’s Runoff Put Security Back at the Center of Democracy

Former Colombian president Iván Duque, in a Hoover Institution conversation with H.R. McMaster, argues that Colombia’s June 2026 runoff was less a left-right contest than a referendum on whether security and constitutional limits remain the basis of democratic rule. Duque says Gustavo Petro’s “total peace” policy amounted to appeasement of armed groups, and that Abelardo de la Espriella’s victory creates an opening to restore rule of law, military pressure on cartels, and investor confidence. He extends the case regionally, urging the United States to treat Colombia and the wider Americas as a strategic democratic community.

Herbert McMaster · Iván Duque · Jenn HenryJul 2, 202618 min read

The American Revolution Was Won by Surviving Britain’s Strategic Failures

Rick Atkinson, the military historian, tells Hoover’s GoodFellows that the American Revolution was won less by overpowering Britain than by surviving an expeditionary counterinsurgency until British strategy, logistics, political intelligence and will broke down. The discussion then turns to contemporary Britain, California and the Democratic Party, where Niall Ferguson and John Cochrane argue that fiscal promises, class politics and primary incentives are pushing democracies toward policies their institutions may not be able to sustain.

Bill Whalen · Niall Ferguson · Rick Atkinson · John Cochrane · Herbert McMasterJul 1, 202625 min read

Indra Nooyi Says American Institutions Made Her PepsiCo Rise Possible

In a Hoover Institution conversation with Condoleezza Rice, former PepsiCo chief executive Indra Nooyi argues that her career was possible because of distinctly American institutions and culture: immigration, meritocratic opportunity, competitive markets, democratic rights, and civic obligation. Nooyi frames her rise from Yale student to Fortune 50 CEO not as a simple immigrant success story, but as a debt to a country that, in her view, welcomed her, tested her, and made contribution the price of gratitude.

Condoleezza Rice · Indra NooyiJul 1, 202618 min read

The Founding’s Strength Is Its Capacity for Self-Correction

Victor Davis Hanson argues in an Uncommon Knowledge interview with Peter Robinson that the American founding should be judged less by the country’s failures in 1776 than by the standard and structure it created for correcting them. Hanson says the Declaration’s equality claim gave abolitionists and civil-rights leaders a principle to wield against slavery and racial hierarchy, while the Constitution’s checks and balances were built for flawed human beings, not enlightened rulers. His defense of the founding extends to federalism, institutional restraint, and ordered liberty as the system’s answer to both administrative rule and calls for refounding.

Victor Hanson · Peter RobinsonJun 29, 202620 min read

Arthroscopic Knee Surgery Failed to Beat Placebo in Chronic Meniscus Tears

On EconTalk, cardiologist John Mandrola makes the case for medical conservatism: many procedures should face stronger evidence before becoming routine, especially when patients may improve through natural recovery, expectation, or the clinical ritual itself. Using placebo-controlled knee surgery and other examples, Mandrola argues that medicine often mistakes improvement after intervention for improvement because of intervention. He tells Russ Roberts that the point is not nihilism, but humility: clinicians should test more, intervene less reflexively, and continue caring even when fixing is not the right goal.

John Mandrola · Russ RobertsJun 29, 202616 min read

Brain Interfaces and Biomarkers Move Neuroscience Toward Targeted Therapies

The Stanford Emerging Technology Review’s neuroscience focus area argues that advances in genetics, experimental tools, and computing are beginning to make the brain measurable and targetable in ways that could affect blindness, neurodegeneration, and addiction. Developed with Stanford biologist Kang Shen, the report also warns that public hype is outrunning scientific understanding, and that the United States will need investment, regulation, ethical safeguards, and international cooperation to turn research into usable therapies.

Jun 23, 20265 min read

Mobile Phones Became Productive Capital for the World’s Poor

Philip Auerswald tells Russ Roberts that the mobile phone’s importance in countries such as Bangladesh was not that it became a cheaper consumer gadget, but that it functioned as productive capital for people excluded from existing infrastructure. Using Iqbal Quadir’s Grameenphone and Strive Masiyiwa’s Econet as central cases, Auerswald argues that progress depends on more than invention: existing technologies have to be recombined with finance, regulation, distribution, and political persistence before they reach most people.

Russ Roberts · Philip AuerswaldJun 22, 202619 min read

Veteran-Led Projects Scale Through Patient Capital, Data, and Community Trust

Hoover Institution Veteran Fellowship Program alumni argue that military experience can start a second career of public problem-solving, but it does not by itself build durable civilian institutions. In a discussion marking five years and 50 veterans in the program, fellows including Trillitye Paullin, Dave Foster, Gregory Eason, Megan Andros, Jeff Chapman, Ben Deda and John Moses describe translating urgency and service into work on affordable housing, health care, food insecurity and Afghan refugee support through capital, data, law, partnerships and local trust.

Gregory Eason · Dave Foster · John Moses · Trillitye Paullin · Megan AndrosJun 22, 202620 min read

California Wealth-Tax Deal Nears Deadline as Unions Split Over Revenue

In a Hoover Institution California update, Bill Whalen and Lee Ohanian argue that the state’s politics are being shaped by institutional strain more than any single scandal. They say the federal investigation of Gavin Newsom and Jennifer Siebel Newsom could help Newsom cast himself as a Trump target in a Democratic presidential race, while exposing family finances and behested payments to deeper scrutiny. They also frame California’s election rules, Xavier Becerra’s likely succession, and a possible deal to avert a billionaire wealth-tax ballot fight as evidence of a system increasingly governed by distrust, weak execution, and interest-group bargaining.

Jonathan Movroydis · Bill Whalen · Lee OhanianJun 19, 202621 min read

American Security Requires Strategic Competence, Not Military Power Alone

H.R. McMaster argues that the greatest danger to American security is not a lack of military power but a loss of strategic competence after the Cold War. In a Hoover Institution discussion, the former national security adviser says U.S. leaders mistook a temporary unipolar advantage for a lasting condition, underestimated the political nature of war, and failed to connect military action to achievable political outcomes. That failure, he argues, now meets a more dangerous environment in which China, Russia, Iran, and North Korea are increasingly reinforcing one another.

Herbert McMasterJun 19, 202610 min read

American Strategy Fails When Untested Assumptions Become Policy

H.R. McMaster argues that American strategy often fails not for lack of information but because officials allow untested assumptions to become policy. In a Hoover Institution discussion, the former national security adviser says U.S. approaches to China, Iran, Russia and Afghanistan repeatedly projected Washington’s hopes onto adversaries rather than examining their motives, ideology and incentives. His remedy is a more disciplined process: define the problem on its own terms, test assumptions, present leaders with real options, and weigh the risks of inaction as seriously as the risks of acting.

Herbert McMasterJun 19, 20267 min read

Gulf States Still Anchor Security in the U.S. Despite China’s Rise

Jonathan Fulton tells Elizabeth Economy that China’s Middle East role is substantial but narrower than the recent hype suggests: Beijing is a major economic actor in the Gulf, yet remains a limited security and diplomatic player. In his account, the Iran crisis and reopening of the Strait of Hormuz underscored that regional governments may be frustrated with Washington but still rely on the U.S. security architecture because no other power can replace it. Fulton argues China is useful to Gulf states in trade, infrastructure, digital systems and energy, while its capacity to convert that influence into geopolitical power remains constrained.

Elizabeth Economy · Jonathan FultonJun 18, 202622 min read

U.S.-Iran Memorandum Trades Leverage for a Fragile Midterm Quiet

Niall Ferguson, H.R. McMaster, and John Cochrane argue that the draft U.S.-Iran memorandum looks less like a settlement than a political pause that gives Tehran money and time while leaving the nuclear question unresolved. In a Hoover GoodFellows discussion, they differ on whether unintended consequences could still weaken Iran’s regime, but largely agree that Washington had leverage in the Strait of Hormuz and failed to use it. They extend that concern to Ukraine and Cuba, framing the central problem as American pressure applied without follow-through.

Bill Whalen · John Cochrane · Herbert McMaster · Niall FergusonJun 18, 202621 min read

U.S.-Iran Memorandum Trades Hormuz Relief for Unresolved Nuclear Questions

Hoover fellows Niall Ferguson, H.R. McMaster and John Cochrane read the reported U.S.-Iran memorandum less as a peace settlement than as a bid to reopen the Strait of Hormuz while postponing the nuclear dispute and front-loading concessions to Tehran. They largely agree the draft looks weak; their disagreement is over whether it buys time for a harder strategy later, creates space for pressure inside Iran, or signals a loss of U.S. will that allies and adversaries will now test.

Bill Whalen · John Cochrane · Herbert McMaster · Niall FergusonJun 18, 202620 min read

Unwanted Sexual Texts to Officials Test First Amendment Harassment Limits

Eugene Volokh and Jane Bambauer use an Ohio harassment dispute over sexually explicit Shrek images allegedly texted to a state senator to examine a harder First Amendment question: when offensive political speech becomes punishable direct harassment. Volokh argues that the law often distinguishes speech about a person from unwanted speech to a person, but says the doctrine is unsettled when the recipient is a government official, the channel is a phone, and the content is sexual but not obscene. Bambauer presses whether punishment should require notice to stop and whether statutes broad enough to reach unsolicited explicit images may also capture protected political criticism.

Eugene Volokh · Jane BambauerJun 17, 202611 min read

Britain’s Race Debate Is Importing the Wrong American History

In a Hoover Institution conversation with Andrew Roberts, author and columnist Tomiwa Owolade argues that Britain’s race debate has become distorted by American categories that do not fit British history or demography. Owolade’s case in This Is Not America is not that Britain lacks racism, but that treating black Britons, American descendants of slavery, immigrants, Jews, Muslims, and other groups through a single imported racial framework produces bad analysis and weaker civic life.

Andrew Roberts · Tomiwa OwoladeJun 16, 202614 min read

Soviet Power, Not Popular Support, Put Mao in Control of China

Hoover Institution historian Frank Dikötter argues that Mao’s conquest of China was not the triumph of a popular peasant revolution but the result of Soviet sponsorship, wartime opportunity, American misjudgment, and Communist coercion. Drawing on Chinese Communist Party internal materials and Russian Comintern records, Dikötter says the party was marginal for much of its early history, repeatedly sustained by Moscow, and later legitimized by myths that still shape Western accounts. He connects that history to the present, arguing that a regime unable to examine its origins remains governed by paranoia and insecurity.

Frank Dikötter · Peter RobinsonJun 15, 202621 min read

Sunlight Advice Should Weigh Total Mortality, Not Skin Cancer Alone

Author Rowan Jacobsen tells Russ Roberts that public-health advice has treated sun exposure too narrowly as a skin-cancer problem, when the relevant question should be total health and mortality. Jacobsen accepts that sunlight can cause skin cancer and that burns should be avoided, but argues that moderate exposure may also confer benefits, especially through mechanisms such as nitric oxide and cardiovascular effects. Roberts presses the limits of the evidence, leaving the case as a tradeoff rather than a reversal: sunlight is risky, but zero exposure may not be the safest default.

Russ Roberts · Rowan JacobsenJun 15, 202619 min read

China’s Communists Won Through Foreign Backing and Attritional War

At a Hoover Institution book talk, historian Frank Dikötter argued that the Chinese Communist Party’s victory in 1949 was neither inevitable nor chiefly the result of mass peasant support. Drawing on archival research behind Red Dawn Over China, Dikötter presented the conquest as a contingent outcome shaped by Soviet sponsorship, Japan’s destruction of the Chinese Republic’s position, American pressure for truce and coalition in 1946, and the party’s use of coercion, forced conscription and attritional warfare.

Joseph Ledford · Larry Diamond · Philip Zelikow · Frank DikötterJun 15, 202620 min read

Exiled Russian Opposition Can Still Pierce Putin’s Information Monopoly

At a Hoover Institution screening of Lyuba’s Hope, Russian opposition figure Lyubov Sobol argued that exile has constrained but not ended her political work against Vladimir Putin’s regime. In discussion with filmmaker Marianna Yarovskaya, producer Paul Gregory, Kathryn Stoner, and Larry Diamond, Sobol described a strategy built around reaching Russian audiences through blocked platforms, documenting repression and war support, pushing sanctions and visa cases abroad, and preparing for a democratic opening organized around institutions rather than revenge.

Larry Diamond · Kathryn Stoner · Lyubov Sobol · Paul Gregory · Marianna YarovskayaJun 14, 202615 min read

AI Demand Turns Western Energy Abundance Into an Affordability Test

Condoleezza Rice opened Stanford’s 2026 State of the West symposium by arguing that the American West’s energy abundance is becoming a test of affordability, infrastructure, and public trust. Rice said AI and advanced computing are accelerating electricity demand, putting pressure on the grid and making household energy costs part of the politics of technological adoption. Her case was that the region’s resources, institutions, and policy choices must now align economic growth, energy supply, and environmental responsibility rather than treating them as separate questions.

Condoleezza Rice · David KennedyJun 14, 20266 min read

America’s Energy Advantage Can Strengthen Allies Before the Window Closes

James Ellis argues that U.S. energy abundance has become a strategic asset at a dangerous moment, not merely a domestic question of supply, prices, or technology. Speaking through the Hoover Institution’s George P. Shultz Energy Policy Working Group, he makes the case for American energy statecraft: using oil and gas production, nuclear and geothermal development, capital, technology, and allied partnerships to strengthen national security, support vulnerable partners, and counter adversaries. That opportunity, he warns, is rare and may be closing.

James EllisJun 13, 20266 min read

Huang Zhen’s Sketches Show the Long March at Ground Level

Hoover Senior Fellow Elizabeth Economy uses the Hoover Institution Library & Archives’ 25 original ink sketches by Long March survivor Huang Zhen to explain why the retreat became central to Chinese Communist Party history. She argues that the 6,000-mile march preserved the Communist movement after near-destruction, consolidated Mao Zedong’s leadership, and forged a surviving cadre through extreme hardship; Huang’s drawings matter because they show that political formation at ground level, in images of cooking, carrying, climbing, illness, and movement through punishing terrain.

Elizabeth EconomyJun 11, 20265 min read

NVIDIA’s GPU Bet Turned Parallel Simulation Into an AI Platform

In a Hoover Institution interview with Condoleezza Rice, NVIDIA founder and chief executive Jensen Huang argues that the company’s rise began with a contrarian bet that the CPU could not remain computing’s only serious architecture. He links that bet to a broader account of simulation, parallel processing, and artificial intelligence, while also making a civic claim: that NVIDIA’s improbable path, and his own immigrant story, depended on American institutions that supplied capital, talent, legal predictability, and tolerance for risk.

Jensen Huang · Condoleezza RiceJun 10, 202614 min read

Germany’s Defense Shift Recasts Europe’s Role in NATO

Norbert Röttgen, a senior CDU/CSU lawmaker in the Bundestag, argues in a Hoover Institution discussion with H.R. McMaster that Germany has belatedly accepted that Europe’s peace now depends on deterrence, defense capacity and resilience against Russian coercion. He says Berlin’s post-Cold War assumptions about trade, Russian moderation and American security guarantees cost it crucial time, but that Germany’s sharp rise in defense spending marks a real strategic shift. Röttgen’s answer is not a looser transatlantic relationship, but a new division of labor in which Europe carries more of its own defense while preserving the United States as partner and backstop.

Herbert McMaster · Norbert RöttgenJun 9, 202618 min read

American Achievement Depends on Institutions That Reward Risk and Reinvention

Hoover Institution’s trailer for Only in America presents Condoleezza Rice’s interview series as an inquiry into why innovation, leadership, and reinvention recur in the United States. Through clips from Jensen Huang, Indra Nooyi, Tom Siebel, Mary Barra, Fei-Fei Li, and Yo-Yo Ma, the series argues that exceptional achievement depends not only on individual talent but on American conditions: freedom, opportunity, risk-taking, education, limited government, and a culture that permits people to change their circumstances.

Jensen Huang · Fei-Fei Li · Condoleezza Rice · Thomas Siebel · Indra Nooyi · Yo-Yo Ma · Mary BarraJun 8, 20265 min read

Healthy Communities Form People Through Tension, Not Conformity

Luke Burgis tells Russ Roberts that the central problem of identity is not choosing between individualism and belonging, but learning to remain in communities without being absorbed by them. In the EconTalk conversation, Burgis argues that families, schools, politics, religious groups, workplaces, and marriages form the self through tension — and that modern life too often promises escape from that tension through frictionless affinity. Roberts presses the implication: adulthood requires standing apart from one’s tribe without necessarily leaving it.

Russ Roberts · Luke BurgisJun 8, 202622 min read

Wildlife Mandates Built for Scarcity Now Struggle With Abundance

At a Hoover Institution session on markets and mandates in conservation, Dominic Parker and James Workman argued that wildlife policy is now confronting problems created partly by its own successes. Parker said land-based mandates that helped restore game species such as deer are poorly suited to managing overabundance, shrinking hunter participation, and conflicts over predators such as wolves. Workman made the parallel case at sea: commercial catch shares rebuilt some fisheries, but recreational anglers increasingly sit outside the monitoring and incentives that made those systems work.

Dominic Parker · Barton Thompson · James WorkmanJun 8, 202619 min read

Subsidies, Permits, and Carbon Rules Shape Whether Conservation Markets Work

At a Hoover Institution session on “enviropreneurship,” Holly Fretwell and three environmental entrepreneurs argued that markets can finance conservation only when environmental benefits can be measured, paid for, and permitted. Maiky Iberkleid of RESILIFT, Grant Canary of Mast Reforestation, and Manuel Piñuela of Cultivo each described a different bottleneck: subsidized flood insurance that weakens demand for home elevation, reforestation constrained by supply chains and carbon-accounting rules, and grassland regeneration that becomes investable only after legal and underwriting risks are narrowed.

Grant Canary · Holly Fretwell · Maiky Iberkleid · Manuel PiñuelaJun 8, 202621 min read

Tariffs Are a Weak Climate Tool Without International Coordination

At a Hoover Institution panel on tariffs, trade and the environment, economists Joseph Shapiro, Arik Levinson and John Cochrane argued over when trade policy can legitimately serve climate policy. Shapiro made the case that tariffs may help enforce international climate coordination in a world without a global carbon regulator, while Levinson warned that much of the case for environmental tariffs rests on overstated claims about outsourced pollution and becomes especially weak when applied to clean technologies. Cochrane pressed the standard economist alternative: price carbon, adjust at the border, and avoid using climate as cover for industrial policy.

John Cochrane · Joseph Shapiro · Steven Koonin · Arik LevinsonJun 8, 202623 min read

Climate Policy Is Shifting From Net-Zero Mandates to Market-Led Adaptation

At a Hoover Institution session on climate policy, Steven Koonin argued that the net-zero mitigation agenda has failed to cut global fossil-fuel dependence and has overstated the evidence for catastrophe. Koonin, Matthew Kahn, Terry Anderson and other participants made the case for shifting attention toward adaptation: local, incremental responses shaped by insurance, real estate, migration, finance and property rights. Their shared claim was not that climate change is unreal, but that better information and market prices may guide resilience more effectively than mandates, subsidies and apocalyptic politics.

John Cochrane · Steven Koonin · Terry Anderson · Dominic Parker · Matthew Kahn · Steven HaywardJun 8, 202620 min read

Gigawatt-Scale Data Centers Turn AI Growth Into a Local Fight

At a Hoover Institution discussion on the local effects of the AI boom, energy and policy experts argued that data centers have moved from routine commercial development to gigawatt-scale infrastructure fights. Dado Slezak of QTS said the projects can deliver jobs, tax revenue, grid investment, and local benefits, but Robert Bryce and other panelists warned that communities increasingly see them as vehicles for higher power costs, water risk, farmland loss, and big-tech intrusion. The central issue, the panel suggested, is whether developers and regulators can make the benefits credible before local opposition defines the projects as a loss of control.

Dominic Parker · David Fedor · Robert Bryce · Dado SlezakJun 8, 202621 min read

Federal Environmental Policy Misallocates Local, Interstate, and Climate Problems

Hoover Institution panelists Jonathan Adler and Todd Myers argue that US environmental law often assigns authority to the wrong level of government. Adler makes the case that federal regulation is strongest when states impose costs across borders, but much of the federal environmental code instead standardizes local trade-offs; Myers argues that decentralization works only when it tightens accountability and connects decisions to consequences. Their shared claim is not that states are inherently better than Washington, but that environmental governance should follow the scale of the problem and the distribution of costs and benefits.

Jonathan Adler · Josh Rauh · Todd MyersJun 8, 202621 min read

American Environmentalism Turns on Markets, Mandates, and Institutional Tradeoffs

Hoover Institution scholars Terry Anderson and Dominic Parker argue that American environmentalism is best understood as a set of institutional tradeoffs between environmental quality and economic freedom, not as a search for final solutions. In their account, mandates can produce gains, as with the Clean Air Act, but they can also restrict choice without meaningful environmental improvement; property rights, federalism, market incentives, technology, trade, and entrepreneurship offer ways to make those tradeoffs more visible and, in some cases, improve both sides.

Dominic Parker · Terry AndersonJun 8, 202610 min read

Iran Ceasefire Debate Turns on Whether Tehran or Washington Has Leverage

Hoover Institution fellows H.R. McMaster, Niall Ferguson and John Cochrane use a mailbag discussion to test questions of war, leadership and institutional resilience against a common standard: whether policy connects means to political ends. Their sharpest disagreement is over Iran, where McMaster argues Tehran is weak and should face more pressure, while Ferguson says it has more room to wait out Washington than the Trump administration expected; Cochrane presses the underlying incentives that make voluntary Iranian nuclear concessions unlikely.

Bill Whalen · Niall Ferguson · John Cochrane · Herbert McMasterJun 6, 202622 min read

The Declaration of Independence Endures as America’s Unity Document

Historian Michael Auslin argues in his new book, National Treasure: How the Declaration of Independence Made America, that the Declaration’s endurance rests not only on its claims about liberty and equality but on its assertion that Americans are “one people.” In this Hoover Institution discussion, Auslin presents the Declaration as a unity document whose authority grew through compromise, preservation, reproduction and repeated use by later movements seeking fuller membership in the American project.

Bill Whalen · Michael AuslinJun 5, 202623 min read

Iran Standoff Tests Whether Washington Manages Wars or Wins Them

In this GoodFellows mailbag, Hoover fellows H.R. McMaster, Niall Ferguson and John Cochrane treat the Iran standoff as the central test of American strategy. McMaster argues Washington should stop managing the conflict and intensify pressure on a weakened regime, while Ferguson warns Tehran may be waiting for oil-price and market pain to force the United States into a worse bargain; around that dispute, the three extend the same standard to war leadership, institutional decline, Europe, climate policy and populism: policy has to connect means to political ends rather than substitute rhetoric for results.

Bill Whalen · Niall Ferguson · John Cochrane · Herbert McMasterJun 4, 202620 min read

Elizabeth II Turned Royal Restraint Into Diplomatic Power

Royal biographer Hugo Vickers argues that Elizabeth II’s statecraft rested on restraint: saying little, appearing above politics, and using ceremony to create room for ministers and officials to act. In this Secrets of Statecraft conversation with Andrew Roberts, Vickers extends that argument to King Charles III, casting monarchy’s diplomatic value as the ability to open doors without seeming to negotiate policy. His account presents the Crown not as an alternative government, but as a constitutional instrument whose power depends on discipline, ambiguity, and the public weight of duty.

Andrew Roberts · Hugo VickersJun 3, 202624 min read

Teachers’ Unions Remain Powerful as Membership Falls and School Politics Shift

Michael Hartney and Melissa Lyon argue that teachers’ unions remain central actors in American education, but their influence is harder to measure than collective-bargaining law alone suggests. In a Hoover Institution discussion hosted by Tom Church, they describe unions as layered national, state, and local institutions that shape spending, working conditions, strikes, COVID reopening decisions, and now debates over AI and the purpose of schools. Both see unions as durable, but increasingly defined by transparency fights, voluntary membership, and the politics of what schools are meant to do.

Melissa Lyon · Tom Church · Michael HartneyJun 3, 202616 min read

America’s Drug-Death Crisis Began With Chronic-Pain Prescribing

Economists William Evans and Ethan Lieber argue that America’s drug-death crisis began with a domestic medical failure: a late-1990s shift toward prescribing opioids for chronic pain, reinforced by pharmaceutical promotion and regulatory acceptance. In Steven Davis’s interview, they trace how counties with more underlying pain were hit hardest, how OxyContin made the shift more dangerous, and why the crisis later moved from prescription drugs into heroin and fentanyl. Their account leaves little comfort for current policy: correcting prescribing practices may address the original channel, but most deaths now come from illicit fentanyl markets that are far harder to control.

William Evans · Steven Davis · Ethan LieberJun 3, 202615 min read

The First Amendment Leaves Privacy Torts With Narrower Reach

Eugene Volokh and Jane Bambauer argue that privacy is not a single counterweight to the First Amendment but a set of distinct claims, some of which protect speech and others of which restrict it. In a Hoover Institution discussion, they distinguish privacy against government surveillance or compelled identification from privacy asserted against other speakers, where claims over anonymity, hidden recording, private facts, false light, and publicity rights can become demands to limit what others may say.

Eugene Volokh · Jane BambauerJun 2, 202620 min read

Finland Brings NATO a Border With Russia and a Whole-Society Defense Model

Finnish diplomat Kai Sauer argues that Finland’s entry into NATO is not a turn toward confrontation with Russia but a response to Moscow’s assault on Ukraine and its challenge to sovereign states’ right to choose their own alignments. In a discussion with H.R. McMaster, Sauer presents Finland as a front-line ally whose contribution rests not only on geography, but on conscription, whole-of-society resilience, energy diversification, and trusted technology capabilities. McMaster frames those strengths as part of a broader transatlantic agenda: moving burden-sharing from complaint to practical cooperation.

Herbert McMaster · Jenn Henry · Kai SauerJun 2, 202618 min read

News Deserts Are Weakening Local Accountability and Shared Civic Facts

Hoover Institution panelists argued that the collapse of local journalism is weakening American democracy not just by shrinking newsrooms, but by reducing the number of reporters physically present to observe public institutions and supply shared facts. Neil Chase, Elizabeth Green and Vicki Liviakis described a replacement system built from specialized nonprofit outlets, local television, collaborations, community documenters and technology, while warning that legal threats, harassment, funding gaps and uneven philanthropic support are making local accountability reporting harder to sustain.

Brandice Canes-Wrone · Zhanna Trukova · Damaso Reyes · Vicki Liviakis · Janine Zacharia · Cheryl Phillips · Isabel Ismail · Neil Chase · Elizabeth GreenJun 2, 202619 min read

Migrant Inventors Boost Innovation in Both Home and Host Countries

Economist Marta Prato argues that inventor migration is not simply a brain drain from origin countries to richer destinations. In her analysis for the Hoover Institution, high-skilled inventors often become more productive after moving abroad, while former collaborators at home can also benefit when professional ties continue. The implication, she says, is that migration policy should account not only for the movement of workers, but for the cross-border movement of knowledge.

Marta PratoJun 1, 20264 min read

Dollar Dominance Could Erode Without a Clear Successor Currency

At a Hoover Institution conference on central-bank independence and international risks, Condoleezza Rice, Arvind Krishnamurthy, Stephen Redding and Kenneth Rogoff argued that dollar dominance can no longer be analyzed apart from U.S. security commitments, fiscal policy, technology competition and trade frictions. The central claim running through the discussion was that the United States still benefits from a powerful reserve-currency position, but that privilege depends on confidence in safe dollar assets and stable institutions. Krishnamurthy quantified the reserve-currency asset as a large interest-rate benefit, while Redding and Rogoff warned that tariffs, fiscal strain and political pressure on the Federal Reserve could make erosion costly even without a clear successor to the dollar.

Condoleezza Rice · John Cochrane · Valerie Ramey · Krishna Guha · Sebastian Edwards · Matt Klein · Stephen Redding · John Hurley · Arvind Krishnamurthy · David Beckworth · Kenneth Rogoff · Jim BullardJun 1, 202621 min read

Central Banks Face Accountability Tests Across Independence, Reserves, and Stability Policy

At a Hoover Institution conference on central-bank independence, Marvin Barth, Darrell Duffie and Christina Skinner each framed the next phase of monetary and financial policy as an accountability problem. Barth argued that the Federal Reserve’s policy failures and lack of humility have weakened its political legitimacy; Duffie said shrinking the Fed’s balance sheet depends on changing reserve demand and payment mechanics, not simply selling assets; and Skinner argued that financial stability policy should weigh growth and economic security rather than treating every visible risk reduction as a net gain.

Ross Levine · Michael Bordo · Yuriy Gorodnichenko · Darrell Duffie · Bill Nelson · Marvin Barth · Steven Davis · Mickey Levy · Christina SkinnerJun 1, 202619 min read

Fed Officials Call for Better Classification Tools Under Economic Uncertainty

At a Hoover Institution policy panel on central-bank independence, structure and emerging risks, Federal Reserve officials Michelle Bowman, Mary Daly, Austan Goolsbee and Christopher Waller each argued that the Fed’s next problems turn on classifying risks before they are obvious in hindsight. Bowman focused on capital rules and private credit, Daly on distinguishing temporary from persistent inflation shocks, Goolsbee on whether expected AI productivity gains lower or raise the appropriate rate path, and Waller on which Fed functions require regional autonomy rather than centralized operations.

John Cochrane · Alejandra Edwards · Austan Goolsbee · Mary Daly · Amit Seru · Pablo Villanueva · Steven Davis · Michelle Bowman · Paola Sapienza · Jim Bullard · Christopher WallerJun 1, 202621 min read

Central Bank Independence Requires Limits on Tools, Not Just Mandates

At a Hoover Institution conference on central-bank independence, Thomas Drechsel, Luis Garicano and Carolyn Wilkins argued over how far legal insulation can stretch once central banks have large balance sheets, emergency tools and broad theories of monetary transmission. Drechsel used Fed chairs’ calendars to show how the job has become more outward-facing; Garicano warned that the ECB’s narrow mandate has not prevented fiscal, financial and climate-related expansion through its tools; and Wilkins argued that independence can survive only with clearer boundaries, cost-benefit discipline, exit rules and external review.

John Cochrane · Thomas Drechsel · Valerie Ramey · Andrew Levin · Torsten Slok · Carolyn Wilkins · Hanno Lustig · Sebastian Edwards · Luis GaricanoJun 1, 202622 min read

Reserve Bank Removal Powers Could Expose the Fed to Presidential Control

At a Hoover Institution conference on central-bank governance, John Cochrane, Edward Nelson, Gary Richardson and David Wilcox treated Federal Reserve independence as a delegated legal structure rather than a self-executing norm. Richardson argued that Congress designed the Fed to frustrate presidential control, while Wilcox warned that ambiguous authority over Reserve Bank presidents could still give a determined president a path into the FOMC. Nelson added that independence protects the Fed’s operational judgment, not the quality of its monetary doctrine.

John Cochrane · Michael Bordo · Edward Nelson · Volker Wieland · Gary Richardson · David Wilcox · Austan Goolsbee · Jeffrey Lacker · Torsten Slok · Jim BullardJun 1, 202620 min read

Fiscal Stress Is Narrowing the Room for Independent Central Banks

At a Hoover Institution conference on central-bank independence, Michael Bordo, Barry Eichengreen and Hanno Lustig argued that fiscal policy is increasingly constraining what monetary policy can credibly do. Bordo used Britain’s Great Inflation to show how a fiscal regime shift can turn shocks into inflation; Eichengreen said U.S. fiscal politics now pose risks to the dollar and the Federal Reserve; and Lustig argued that markets are starting to price Treasurys less as safe assets than as risky debt. Their shared point was that legal independence offers central banks only limited protection when debt dynamics, fiscal politics and bond-market stress move against them.

Michael Bordo · Barry Eichengreen · Samim Ghamami · Marvin Barth · Oliver Bush · Alejandra Edwards · Hanno Lustig · Thomas HoenigJun 1, 202621 min read

Three Centuries of Recessions Undermine the Boom-Bust Theory

Tyler Goodspeed argues in a Hoover Institution presentation that recessions are usually misread as the inevitable result of excess in the preceding boom, when the longer historical record points instead to shocks filtered through institutions that either absorb or amplify them. Drawing on UK and US data back to 1700, he says expansions do not die of old age, recession warnings routinely fail, and downturns are often given retrospective moral labels — from dot-coms to housing — that obscure what actually caused the contraction.

Michael Bordo · Tyler GoodspeedJun 1, 202614 min read

Career Choice Should Be Treated as an Empirical Search for Impact

Benjamin Todd, co-founder of 80,000 Hours, argues in conversation with Russ Roberts that career choice should be treated less as a search for a preexisting passion than as a sequence of tests about where a person can do unusually useful work. Todd’s case is that impact depends on marginal value, neglected problems, personal fit and evidence, not simply prestige, pay or visible helping. Roberts presses a counterpoint throughout: that meaning also comes from humane service, local obligations and the smaller contributions that economic or impact calculations can miss.

Russ Roberts · Benjamin ToddJun 1, 202618 min read

America Remains Dominant If It Stops Defeating Itself

Stephen Kotkin argues that the United States remains the world’s dominant power, not a late-stage empire in British-style decline, but that it risks weakening itself through overextended commitments, depleted military capacity, damaged alliances, and domestic institutional decay. In a Hoover Institution Uncommon Knowledge interview with Peter Robinson, Kotkin applies that argument to Iran, China, Ukraine, and America’s internal politics: Washington can still deter rivals and lead allies, he says, if it stops treating postwar exceptional dominance as the normal measure of American power.

Peter Robinson · Stephen KotkinMay 29, 202620 min read

The Declaration of Independence Became America’s Unity Document Over Two Centuries

In a Hoover Institution book launch for National Treasure, historian Michael Auslin argues that the Declaration of Independence began as a wartime instrument and diplomatic necessity before Americans made it a sacred national text. Auslin’s central claim is that the document’s afterlife — as parchment, symbol, commercial object, equality claim and constitutional touchstone — shows it was not only about liberty and equality, but also about creating “one people” out of divided colonies.

Brandice Canes-Wrone · Joseph Ledford · Michael AuslinMay 29, 202619 min read

Chile’s Market Reforms Succeeded, but Success Did Not Defend Itself

Sebastian Edwards, the UCLA economist and author of The Chile Project, argues that Chile’s market reforms were a radical dismantling of state control, not a marginal liberalization, and that their success was later obscured by slower growth and political complacency. In a Hoover Institution conversation with Jon Hartley, Edwards makes the case that Latin America’s growth failures are rooted in institutions, policy choices, and recurring hostility to economic freedom, while pointing to deregulation and renewed market reform in countries such as Argentina and Chile as the region’s clearest path back to faster growth.

Jon Hartley · Sebastian EdwardsMay 27, 202618 min read

The American Dream Is Weakening Where Competition and Mobility Are Blocked

In a Hoover Institution discussion moderated by Washington Post columnist Megan McArdle, economists John Cochrane, Valerie Ramey and Ross Levine argue that American prosperity has depended less on wealth itself than on institutions and habits that allow competition, risk-taking, mobility and disruption. They differ on emphasis — Cochrane stresses limits on government and regulatory failure, Levine competition joined to justice and stability, and Ramey education, culture and immigration — but converge on a warning that the American Dream weakens when schools fail, incumbents are protected, fiscal space erodes and politics stops doing routine maintenance.

Steven Davis · John Cochrane · Megan McArdle · Valerie Ramey · Ross LevineMay 27, 202629 min read

Taiwanese Support for Self-Defense Is High but Conditional

Wen-Chin Wu, in a Hoover Institution talk drawing on multiple public-opinion surveys, argues that Taiwanese support for self-defense is high but conditional. He separates backing for national defense measures, including U.S. arms purchases, from personal willingness to fight or resist, and finds that both depend heavily on perceived threat from China, expectations of U.S. intervention, party identity, costs, and question wording. The result, in Wu’s account, is not a Taiwan that is either complacent or uniformly resolved, but a public that is “worried but cool” amid coercion and strategic ambiguity.

Larry Diamond · James Ellis · Kharis Templeman · Wen-Chin WuMay 27, 202618 min read

A Near-Death Vision Forced a Rationalist to Reconsider Consciousness

Sebastian Junger, speaking with Russ Roberts on EconTalk, recounts how a near-fatal ruptured aneurysm in 2020 forced him to confront an experience his atheism could not easily explain: the apparent presence of his dead father as he was close to death. Junger does not present the episode as proof of God or an afterlife, but argues that a serious rationalist should neither convert mystery into doctrine nor dismiss it because it violates prior assumptions. His account treats mortality as both a medical fact and a destabilizing encounter with consciousness, fear, and reverence.

Russ Roberts · Sebastian JungerMay 25, 202621 min read

Civic Education Must Balance Democratic Attachment With Liberal Inquiry

A Hoover Institution webinar with Melinda Zook, Joseph Knippenberg, Benjamin Storey and Dan Edelstein argues that civic education belongs within liberal education but cannot be treated as a neutral extension of it. The panelists frame the central problem as a tension between cultivating inquiry, skepticism and intellectual independence, and teaching students to understand and care for the constitutional republic in which they share political responsibility. Their institutional question is how universities can build that education through general education, civic-thought programs and existing departments without reducing civics to either indoctrination or another academic silo.

Melinda Zook · Joseph Knippenberg · Dan Edelstein · Benjamin StoreyMay 24, 202619 min read

California’s Revenue Windfall Masks a Narrow and Mobile Tax Base

In a Hoover Institution California update, Bill Whalen and Lee Ohanian argue that the state’s newly balanced budget reflects another capital-gains windfall rather than a sounder fiscal model. They say California remains dependent on a narrow group of high-income, mobile taxpayers, with AI and possible IPOs offering more revenue upside while reinforcing the same volatility. The discussion extends that critique into state and Los Angeles politics, where they see unsettled Democratic fields and Spencer Pratt’s mayoral bid as symptoms of frustration with incumbent governance.

Bill Whalen · Jonathan Movroydis · Lee OhanianMay 22, 202621 min read

Iran Crisis Weakens U.S. Leverage Ahead of Trump-Xi Summit

Former Deputy Secretary of State Kurt Campbell argues in a conversation with Elizabeth Economy that the Iran crisis has weakened the U.S. position in Asia just as President Trump meets Xi Jinping in Beijing. Campbell says the conflict has diverted military capacity and political attention from the Indo-Pacific, exposed limits in allied support, and given China an opening to test U.S. commitments, especially on Taiwan. Economy shares his emphasis on allies but is less convinced that Beijing can convert U.S. disorder into lasting strategic advantage.

Elizabeth Economy · Kurt CampbellMay 21, 202621 min read

Wargames Need Policy Records to Become Usable Evidence

Hoover fellow Jacquelyn Schneider argues that wargames are useful to policymakers only when the record around them survives: who commissioned them, how participants interpreted them, and how their lessons entered later decisions. In a Hoover Institution discussion of its Wargaming and Crisis Simulation Initiative, Schneider uses the 1961 Berlin Crisis Game to show why the “outer game” can matter as much as the exercise itself, especially when crisis lessons are later carried into real decisions such as the Cuban Missile Crisis.

Jacquelyn SchneiderMay 21, 20266 min read

America Must Rebuild Defense Manufacturing to Arm Allies Against China

Anduril founder Palmer Luckey tells Peter Robinson that the United States should stop acting as “the world police” and instead become a far more capable “world gun store,” arming allies that are willing to fight for themselves. His case links defense procurement, autonomous weapons, manufacturing capacity, China, patents, and Silicon Valley culture into one argument: America cannot deter its rivals if it keeps rewarding slow weapons programs, outsourcing real engineering, and treating national loyalty as optional.

Peter Robinson · Palmer LuckeyMay 20, 202623 min read

Supply-Chain Chokepoints Turn Cheap Inputs Into Geopolitical Leverage

In a Hoover Institution discussion with Steven Davis, trade policy experts Chad Bown and Soumaya Keynes argue that the real danger in cross-border supply chains is not import dependence in general, but concentrated control over inputs that firms cannot quickly replace. Bown points to China’s 2025 restrictions on rare earths, permanent magnets and Nexperia chips as cases where upstream chokepoints threatened auto production more effectively than reciprocal tariffs. Keynes cautions that governments need sharper vulnerability mapping, but that information alone will not make private firms pay the cost of resilience when cheaper, efficient supply chains remain available.

Steven Davis · Chad Bown · Soumaya KeynesMay 20, 202618 min read

Student Disadvantage Raises Teachers’ Stress-Related Sick Leave in Swedish Schools

In a Hoover Institution presentation of an NBER paper, Krzysztof Karbownik argues that student composition should be treated as a workplace condition for teachers, not just a background feature of schools. Using Swedish register data on secondary teachers, the study finds that teachers in schools serving more disadvantaged students have higher rates of doctor-certified sick leave, especially for psychiatric and stress-related diagnoses, and that the pattern persists when comparing teachers to themselves as student cohorts change. Karbownik’s mechanism is classroom interaction—conflict, threats, lack of respect and poor climate—rather than workload or school management alone.

Krzysztof KarbownikMay 20, 202618 min read

Renoir’s Cahen d’Anvers Portraits Became a Record of French Anti-Semitism

Catherine Ostler tells Andrew Roberts that the Dreyfus affair was not an isolated miscarriage of justice but the eruption of a France already “soaked in anti-Semitism.” Using the Cahen d’Anvers sisters, painted by Renoir as children and later scattered by conversion, war and deportation, she links the military frame-up of Alfred Dreyfus to the social world that first admitted wealthy Jewish families and then turned on them. The paintings, in her account, survive as evidence of both Belle Époque assimilation and the limits of that acceptance.

Andrew Roberts · Catherine OstlerMay 19, 202616 min read

U.S.-China Diplomacy Can Manage Risk but Not Resolve the Systems Contest

At a Hoover Institution discussion on U.S. strategy toward China, Sarah Beran, Matt Turpin and Miles Yu argued that diplomacy with Beijing remains necessary but cannot resolve the deeper contest between the two countries. Beran framed the task as risk management through leader channels, alliances and domestic renewal; Turpin described a long hostile rivalry that will run through trade, technology and economic statecraft; and Yu said the problem is systemic incompatibility that Washington should confront more directly.

Elizabeth Economy · Sarah Beran · Robert Bloom · Miles Yu · Matt Turpin · Stanley Kober · Erin CarterMay 18, 202621 min read

AI Makes Embodied Competence More Valuable, Not Less

Aled Maclean-Jones argues that Tom Cruise’s later action films are best read as studies in embodied competence: knowledge acquired through tools, risk, repetition and physical contact with the world. In conversation with EconTalk’s Russ Roberts, he uses Cruise’s stunts, household repair, navigation and childbirth to question a culture that treats usefulness as mainly intellectual — a question sharpened by AI systems that now operate in the same verbal and analytical domains as many knowledge workers.

Russ Roberts · Aled Maclean-JonesMay 18, 202619 min read

Coal Company Towns Left a Legacy of Weak Government and Public Mistrust

Hoover fellow Elizabeth Elder argues in her book Company Towns that mistrust of government in former coal communities is rooted less in abstract anti-government ideology than in generations of local experience with weak, captured, or corrupt public institutions. In her account, coal companies often kept local governments small, blurred public authority with company power, and substituted private provision for public capacity. When coal declined, those towns were left not only with job losses but with governments many residents had little reason to see as competent, independent, or democratically accountable.

Bill Whalen · Elizabeth ElderMay 15, 202621 min read

China Could Pressure Taiwan Into Submission Without Invading

In Defending Taiwan, Eyck Freymann argues that U.S. strategy is too narrowly focused on deterring a Chinese invasion and is underprepared for a gray-zone crisis that could isolate Taiwan without open war. Freymann’s case, developed in discussion with Hoover Institution participants including Philip Zelikow, is that Beijing’s most plausible path may be legal, commercial, and coercive control over Taiwan’s external ties. Deterrence, he argues, will require Washington and its allies to integrate military power with political discipline, economic planning, technological leverage, and diplomatic coordination before such a crisis begins.

Niall Ferguson · Eyck Freymann · Steven Davis · Jian Ren · Rowena He · Philip Zelikow · David Fedor · James Ellis · Sean McFate · Larry DiamondMay 14, 202622 min read

Fellows Split Over Whether the Constitution Is Too Hard to Amend

At the first public taping of Hoover’s GoodFellows, John Cochrane, Niall Ferguson and H.R. McMaster used the Constitution as a text for argument rather than commemoration. Cochrane warned against treating it as scripture and stressed the civic “spirit” behind it, McMaster described an imperfect founding grounded in principles, and Ferguson stated a broad First Amendment position. Their clearest split came over amendment: Ferguson said the process no longer works in practice, while Cochrane argued its history shows it has sometimes been too available.

Bill Whalen · Niall Ferguson · John Cochrane · Herbert McMasterMay 14, 20265 min read

Trump-Xi Summit Prep Risks Leaving Security Flashpoints Off the Table

Sarah Beran, a former diplomat and national security official, argues that the Trump-Xi summit is being prepared through an economic channel that cannot handle the relationship’s highest-risk disputes. In conversation with Elizabeth Economy, Beran says the meeting may produce useful optics and limited trade progress, but without national-security preparation on cyber, Taiwan, arms control and military channels, it is unlikely to do more than briefly stabilize a relationship defined by recurring tension and mutual leverage.

Elizabeth Economy · Sarah BeranMay 13, 202618 min read

Cuba’s Opposition Says Democratic Change Can Be Forced Within 12 Months

Cuban opposition leader Rosa María Payá tells H. R. McMaster that Cuba’s humanitarian collapse is also a political opening: the regime, she argues, survives by force, foreign patronage, military control of the economy, and regional repression, not by consent. In a Hoover Institution conversation, Payá says democratic change can be generated within 12 months if outside pressure on regime elites is paired with recognition of a prepared opposition alternative and direct support for Cubans demanding freedom.

Herbert McMaster · Jenn Henry · Rosa PayáMay 13, 202618 min read

Senior Officers Must Advise Privately and Execute Lawful Civilian Decisions

In a Hoover Institution discussion on civil-military relations, retired generals Joseph Dunford and Christopher Cavoli, with H.R. McMaster moderating, argued that the U.S. military’s democratic role depends on a hard boundary: senior officers give candid, private, nonpartisan advice; civilian leaders make policy; and the military carries out lawful orders. Their case was that this discipline is not Washington etiquette but a practical safeguard for the force, ensuring Americans are not sent into danger without an achievable political objective, clear risks, and accountable civilian decisions.

Herbert McMaster · Erin Tillman · Christopher Cavoli · Joseph DunfordMay 13, 202619 min read

Indian High-Skilled Migration Fueled Silicon Valley and India’s IT Export Rise

Economist Gaurav Khanna argues that Indian high-skilled migration to the United States during the internet-era tech boom was not a simple case of brain drain. In his account, Indian programmers and computer scientists helped expand US technology production and innovation, while the prospect of migration, visa limits and return migration helped build India’s own skilled workforce and IT networks. The result, he says, was a “brain circulation” channel that contributed both to Silicon Valley’s growth and to India’s emergence as the world’s largest IT exporter.

Gaurav KhannaMay 11, 20265 min read

Smart Boundaries Can Make Creative Work More Productive

In an EconTalk conversation with Russ Roberts, author David Epstein argues that creativity and productive work often depend less on open-ended freedom than on well-chosen constraints. Drawing on cases from Mendeleev’s periodic table to Isabel Allende’s writing rituals and the failure of General Magic, Epstein says boundaries can clarify priorities, block habitual shortcuts, and force the kind of search that abundance often prevents.

Russ Roberts · David EpsteinMay 11, 202620 min read

Free-Market Politics Must Be Rebuilt From First Principles

Daniel Hannan, the new director of the Institute of Economic Affairs, argues that Britain’s problem is not just bad policy but a lost understanding of the case for markets, trade and limited government. In a Hoover Institution conversation with Andrew Roberts, Hannan says free-market ideas must be rebuilt from first principles, especially among younger voters, because their core claims are counter-intuitive and no longer carried by political habit. His wider case links economic illiteracy to protectionism, legal and bureaucratic overreach, culture-war imports and a politics that denies scarcity and trade-offs.

Daniel Hannan · Andrew RobertsMay 8, 202622 min read

Clinton’s Russia Policy Began With Cooperation, Not NATO Encirclement

Rose Gottemoeller, a former senior U.S. arms control official and NATO deputy secretary general, uses her book Security Through Cooperation to challenge the Kremlin’s account of post-Cold War U.S. policy toward Russia. In her telling, the Clinton administration’s first instinct was not encirclement through NATO enlargement but an effort to build a durable security, economic and political relationship with Moscow, rooted in nuclear risk reduction, space cooperation and practical diplomacy. That argument leads to a more conditional conclusion about the present: cooperation served U.S. security before, she says, but cannot be restored in full while Vladimir Putin remains in the Kremlin.

Bill Whalen · Rose GottemoellerMay 8, 202620 min read

Economic Freedom, Not Managed Equality, Drives Growth

Former US senator Phil Gramm, in a Hoover Institution conversation with economist Jon Hartley, argues that America’s debates over inequality, poverty, deficits and financial crises are distorted by measures and narratives that leave out central facts. Drawing on his books and legislative career, Gramm makes the case that economic freedom, not directed investment or redistribution, has been the main source of US growth and mobility. He contends that official inequality statistics undercount transfers and taxes, that the 2008 crisis stemmed from housing policy rather than Gramm-Leach-Bliley, and that efforts to substitute government judgment for markets reliably fail.

Jon Hartley · Phil GrammMay 7, 202620 min read

Mont Pelerin Society Organized Classical Liberalism Against Postwar Planning

Hoover Senior Fellow John Taylor recounts the Mont Pelerin Society’s 1947 founding as an organized response to the postwar rise of socialist planning and state intervention. In Taylor’s telling, Friedrich Hayek and the society’s first members were not simply defending markets in economic terms; they were trying to rebuild classical liberalism as an intellectual program for freedom, aimed at the practical policy questions that had made collectivism newly credible.

John TaylorMay 7, 20264 min read

Noncompete Enforcement Reduces Mobility and Innovation Despite Firm Investment Claims

Economists Steven Davis and Evan Starr examine whether states should enforce noncompete agreements, a contract tool Starr says now reaches well beyond executives and trade-secret holders to low-wage workers, interns, and janitors. Starr argues the evidence points to weak worker consent, continued use of unenforceable clauses, and lower innovation where noncompetes are enforced; Davis presses the countercase that some clauses may protect legitimate firm investments in training, clients, or confidential information. Their disagreement centers on whether law can distinguish those uses cheaply enough, or whether broader bans and bright-line rules are the better response.

Evan Starr · Steven DavisMay 7, 202617 min read

U.S. China Policy Needs a Unified Economic Statecraft Command

Elizabeth Economy’s conversation with Randy Schriver and Mike Kuiken of the US-China Economic and Security Review Commission argues that Washington’s China problem now cuts across trade, technology, supply chains, cyber operations, Taiwan planning, pharmaceuticals, and sanctions policy. Schriver and Kuiken say the US government still manages many of those risks through agencies and laws built for an earlier era, leaving economic statecraft fragmented just as China’s leverage has become more integrated. Their case is less for severing all economic ties than for building the machinery to decide which ties are tolerable, which are dangerous, and which require national effort to replace.

Mike Kuiken · Randall Schriver · Elizabeth EconomyMay 7, 202621 min read

Deterring China Over Taiwan Requires Options Short of War

Eyck Freymann’s argument in Defending Taiwan, discussed with Niall Ferguson at the Hoover Institution, is that U.S. deterrence is too narrowly built around stopping a Chinese invasion. Freymann says Beijing could instead use customs controls, coast guard pressure, energy constraints, supply-chain leverage, and political coercion to force Taiwan toward submission without triggering a clear war. His prescription is for Washington to build credible options between inaction, military escalation, and an economic rupture it cannot sustain.

Niall Ferguson · Eyck FreymannMay 7, 202613 min read