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"You like tomayto, and I like tomahto,” crooned Fred Astaire to Ginger Rogers in the 1937 caper Shall We Dance. I had always unthinkingly assumed this was a song about the differences in pronunciation between American and British English. But of course it’s not. Rogers was born in Missouri, while Astaire hailed from Nebraska.
April 24, 2016 via Boston Globe via Hoover Daily Report
I grew up listening to stories of turn-of-the-century rural Central California from my grandfather Rees Alonzo Davis (1890-1976). He was the third generation of the Davis family to have lived in my present house—great nephew of Daniel Rhoades, who had walked into the High Sierra in early 1847 as part of a party sent to help save the Donner Party.
April 24, 2016 via Works and Days via Hoover Daily Report
After a presidential primary every bit as irritable and irritating as can be expected from a two-week layover in New York, America could use a drama-free Tuesday.
April 23, 2016 via Sacramento Bee via Hoover Daily Report
A small news item about Turkish-American relations and the latest stage of the Syrian civil war recalls the wisdom of Lord Palmerston, a mid-19th-century British prime minister. He said that England had no eternal allies or perpetual enemies but only eternal and perpetual interests. The same could be said of Turkey, the U.S. or any state.
April 22, 2016 via undefined via Military History in the News
Alberto Alesina of Harvard University talks with EconTalk host Russ Roberts about his research on fiscal policy and austerity. Alesina's research shows that spending cuts to reduce budget deficits are less harmful than tax increases. Alesina discusses the intuition behind this empirical finding and discusses other issues such as Greece's financial situation.
April 24, 2016 via EconTalk via Hoover Daily Report
If we made a movie about campaign 2016, it would be “Year of the Disruptors.” On the Republican side, we are down to Donald Trump, a complete disruptor of the political process, and Ted Cruz, a U.S. Senator but a disruptor in style. On the Democratic side, Bernie Sanders is a socialist who wants to disrupt the system, leaving only Hillary Clinton as an establishment candidate.
April 22, 2016 via TownhallReview Commentary via Hoover Daily Report
I spent last week traveling and giving talks. I always learn a lot from this. One insight I got: Real interest rates are really important in making sense of fiscal policy and inflation.
April 23, 2016 via Grumpy Economist via Hoover Daily Report
Conventionally, market regulators are there to enforce competition, transparency, and fairness. Mark Harrison’s research exposes the role of a hitherto hidden regulator of the Soviet command economy, the secret police, responsible for secrecy, labor market discrimination, and the party’s monopoly of power.
April 25, 2016 via University of Warwick via Hoover Daily Report
That's the title of my review of Jonathan Kay's book Other People's Money. It appears in the latest issue of Regulation.
April 23, 2016 via EconLog via Hoover Daily Report
In my recent post on George Elgin's primer on monetary policy, I wrote: Maybe not surprisingly, what I will excerpt here makes the point that Jeff Hummel and I have been making for some time: the Fed does not set or control interest rates.
April 22, 2016 via EconLog via Hoover Daily Report
Jason Kuznicki of the Cato Institute has written a piece calling for an "Unconditional Basic Income." (I should note that he did not publish this under the auspices of the Cato Institute. I mention Cato only to identify his affiliation.) Under Kuznicki's proposal, the government, presumably the federal government, would guarantee everyone a basic income.
April 22, 2016 via EconLog via Hoover Daily Report
[Registration Required] As Barack Obama nears the end of his stint as U.S. president, it’s time to evaluate his foreign policies. A pair of writers from German weekly newspaper Die Zeit answer this question: Did Mr. Obama improve the world?
April 22, 2016 via Handelsblatt Global Edition via Hoover Daily Report
I have a confession to make: Since I used my Estonian digital ID card to swap letters with President Toomas Ilves, I have barely touched it. I keep it in my wallet, prepared to prove my identity at a moment’s notice to anyone online who demands proof that I really am Benjamin Wittes.
April 24, 2016 via Lawfare via Hoover Daily Report
This week on the podcast, Benjamin Wittes and Cliff Kupchan talk about the future of U.S-Russia relations and to delve into the Russian intervention in Syria. Kupchan is the Chairman and Practice Head for Eurasia at the Eurasia Group, where he covers Russia’s domestic and foreign policy, as well as its energy sector.
April 23, 2016 via Lawfare via Hoover Daily Report
Last night, I saw one of the most disgusting ads I have ever seen on TV.
April 24, 2016 via EconLog via Hoover Daily Report
Hoover Institution fellow Niall Ferguson discusses his book "Civilization: The West and the Rest." Ferguson notes that beginning in the fifteenth century, the West developed six powerful new concepts, or “killer applications”—competition, science, the rule of law, modern medicine, consumerism, and the work ethic—that the rest lacked, allowing the West to surge past all other competitors.
April 23, 2016 via The John Batchelor Show via Hoover Daily Report
Hoover Institution fellow Mark Harrison discusses who really won World War II, the United States or Soviet Union.
April 23, 2016 via YouTube via Hoover Daily Report
Hoover Institution fellow Mark Harrison discusses his recent book "One Day We Will Live Without Fear: Everyday Lives Under the Soviet Police State."
April 24, 2016 via BBC News via Hoover Daily Report
Former U.S. Secretary of State Condoleezza Rice addressed the strange state of American presidential politics, the “chaotic and dangerous” state of international affairs and the lasting legacy of slavery Monday as Occidental College’s 2016 Jack Kemp ’57 Distinguished Lecturer.
April 22, 2016 via Occidental College via Hoover Daily Report
Retired U.S. Marine Corps General James Mattis on Friday took the Obama administration to task over the White House’s nuclear development deal with Iran's regime.
April 22, 2016 via National Council of Resistance of Iran via Hoover Daily Report
To the surprise of some observers who thought the issue settled, Donald Trump recently reintroduced the future of the North Atlantic Treaty Organization into the political conversation. “What I’m saying is NATO is obsolete,” he confirmed on ABC’s “This Week.”
April 24, 2016 via The Orange County Register via Hoover Daily Report
This winter, Jameria Miller would often run to her high school Spanish class, though not to get a good seat. She wanted a good blanket.
April 25, 2016 via NPR via Hoover Daily Report
A research letter published in the journal Nature finds that climate change has made the weather in the United States far more enjoyable over the past four decades.
April 22, 2016 via Investors Business Daily via Hoover Daily Report
Before raising our glasses to toast this winter’s abundant El Niño rainfall, here’s a sobering thought: Because of deliberate efforts to protect fish by limiting water storage, about half the rain falling on California will wash into the ocean, instead of being stored for the dry, hot summer to come.
April 25, 2016 via Fox and Hounds Daily (CA) via Hoover Daily Report
As the conventions draw closer for both parties, Democrat and GOP leaders sift through the delegate and nomination process.
April 22, 2016 via Los Angeles Times via Hoover Daily Report
Jon A. Shields and Joshua M. Dunn Jr. are the authors of Passing on the Right: Conservative Professors in The Progressive University, a new book from Oxford University Press on what life is like for conservatives in the academy.
April 22, 2016 via The Washington Post via Hoover Daily Report
Congratulations New York! We made it through the first voting cycle of 2016. As primaries move forward on their journeys to their respected parties’ conventions let’s take a look at one inevitable consequence of our next president, taxes.
April 23, 2016 via Buffalo Rising via Hoover Daily Report
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