Don’t Let Financial Regulators Dream Up Climate Solutions
We’ll get bad policy and an even more fragile financial system if we do.
March 24, 2021 via City-Journal via Hoover Daily ReportWe’ll get bad policy and an even more fragile financial system if we do.
March 24, 2021 via City-Journal via Hoover Daily ReportDifficult though it may be to fathom for Californians unfamiliar with harsh driving conditions, common sense dictates turning with a skid—not against it—when a vehicle starts to lose its traction.
March 25, 2021 via undefined via California on Your MindMiddle schoolers in U.S. counties where fewer adults have advanced cognitive skills seem less likely to develop advanced skills themselves, according to a paper to be presented at a Brookings Papers on Economic Activity conference on March 25.
March 24, 2021 via Brookings Institution via Hoover Daily ReportChina welcomes U.S. self-loathing that it interprets as weakness and decadence to be exploited not as self-reflection to be admired, much less emulated.
March 24, 2021 via American Greatness via Hoover Daily ReportNew Mexico Rep. Deb Haaland, made history as the first Native American to hold a federal cabinet post.
March 24, 2021 via undefined via Matters of Policy & PoliticsFollowing World War II, the power and size of the US government grew steadily until the 1980s, when intellectual opinions changed.
March 25, 2021 via undefined via PolicyEdBritain’s Integrated Review makes China and Asia a key to foreign and security policy.
March 24, 2021 via undefined via The Pacific CenturyFrom Torsten Slok at Apollo. Torsten explains Current pricing for caps and floors shows that the market sees a 30% probability that inflation will be above 3% for the next five years, and a 5% probability that inflation will be below 1%, see chart below. A similar worry about high inflation can be seen in 5-year breakevens, currently trading at 2.5%, the highest level since 2008.
March 25, 2021 via The Grumpy Economist via Hoover Daily ReportFollowing the SolarWinds intrusion, a growing symphony of cyberspace and intelligence agencies continue to earnestly scour their networks, carefully examining cascading effects associated with the world’s largest cyberattack. Unbeknownst to many, a similar and equally devastating SolarWinds-like problem quietly persists throughout the Air Force.
March 24, 2021 via C4ISRNET via Hoover Daily ReportMarch 25, 2021, is the fortieth anniversary of the beginning of the flat tax movement. I include an op-ed that was published on March 25, 1981, in the Wall Street Journal. I wrote it four months after Ronald Reagan’s Tax Policy Task Force submitted its report upon his election. My motivation for the op-ed was that while the Task Force’s recommendations, which were largely adopted, improved the then current federal income tax code, they did not go nearly far enough to simplify and fix other flaws in the tax code.
March 25, 2021 via Flat Tax via Hoover Daily ReportFinally, a book by a New York Times reporter who understands the crucial link between restrictions on the supply of housing and the price of housing! Golden Gates, by economics reporter Conor Dougherty, is a tour de force. It’s a rare book that mixes careful, nuanced reporting, painless economics lessons, interesting history of California, and pitch‐perfect humor, but Dougherty has written one.
March 25, 2021 via EconLog via Hoover Daily ReportHoover Institution fellow Richard Epstein discusses the filibuster.
March 24, 2021 via The John Batchelor Show via Hoover Daily ReportHoover Institution fellow Victor Davis Hanson looks at the trajectory of Chinese ambitions, the elements necessary for America to face down the threat, and what the future may hold if the tensions boil over into conflict.
March 24, 2021 via undefined via The ClassicistHoover Institution fellow Richard Epstein discusses Operation Warp Speed.
March 24, 2021 via The John Batchelor Show via Hoover Daily ReportWhenever Arun Majumdar visited California while working in Washington, DC as part of the Obama administration, he would make sure to call on former Secretary of State George P. Shultz.
March 22, 2021 via Stanford Precourt Institute for Energy via Hoover Daily ReportThe acrid atmosphere last week in the Captain Cook Hotel of Anchorage, Alaska, with its vivid murals of the 18th-century British seafarer’s discoveries throughout the Pacific, sounds very much like the acrid atmosphere almost exactly 60 years ago in the Beaux Arts U.S. and Soviet embassies in Vienna. Grim, at least for the United States.
March 24, 2021 via The Washington Examiner via Hoover Daily ReportAmid rising challenges to truth, journalism, and democracy, the Aspen Institute will host an intensive, six-month commission bringing together experts and vital perspectives from government, media, civil society, and the private sector to deliver recommendations for how the country can respond to this modern-day crisis of faith in key institutions.
March 24, 2021 via The Aspen Institute via Hoover Daily Report
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