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00:00:46

Chinese Economic Policy Under Xi Jinping | China Considered

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00:00:57

Milton Friedman on Abolishing Government Agencies | Uncommon Knowledge

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00:00:59

Trump and China -- Trade as a Proxy Tool | China Considered

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00:50:22

US-China Policy in Trump 2.0 | China Considered

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00:00:44

Why Mental and Psychological Readiness is Important for Members of the Armed Forces | Battlegrounds

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00:00:59

Importance of Human Connection for Veterans of the Armed Forces | Battlegrounds

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00:47:04

Apocalypse Now? Peter Thiel on Ancient Prophecies and Modern Tech

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00:55:04

The Boiling Moat: Can Taiwan Stay Afloat? Matt Pottinger on the Future of Taiwan | MPP Podcast

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,Recorded on June 25, 2024. Is a Chinese move on Taiwan inevitable (a quarantine, embargo or outright invasion this decade or next)? Or are there commonsense ways to ensure the island country’s freedom—and prevent a great-power conflict between Cold War rivals? Matt Pottinger, a Hoover Institution distinguished visiting fellow and former senior staffer at the White House’s National Security Council, joins Hoover Distinguished Policy fellow Bill Whalen to discuss the options he and other US-Sino experts have to offer in Hoover’s newly released The Boiling Moat: Urgent Steps to Defend Taiwan. Among the recommendations: ramping up military technology and capabilities; introducing a new pro-military mindset on the other side of the Pacific Rim; plus America (following Israel’s example) understanding the benefits of a “warrior ethos.” ABOUT THE SERIES: Matters of Policy & Politics is a Hoover Institution podcast devoted to matters of governance and balance of power at home and abroad. It is hosted by Hoover fellow Bill Whalen. As the successor to Hoover’s Area 45 podcast, which focused on Trump-era issues and controversies, Matters of Policy & Politics will examine the direction of federal, state, and local leadership and elections, with an occasional examination of national security and geopolitical concerns, all featuring insightful analysis provided by Hoover Institution scholars and guests. The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University. © 2024 by the Board of Trustees of Leland Stanford Junior University. 🔔 Subscribe for more discussions: https://www.youtube.com/channel/UCzWwWbbKHg4aodl0S35R6XA 👍 Like and share this video! 🌐 Follow us on social media: Twitter/X: https://x.com/HooverInst Facebook: https://www.facebook.com/HooverInstStanford LinkedIn: https://www.linkedin.com/company/hoover-institution-at-stanford-university/ Instagram: https://www.instagram.com/hooverinstitution

00:00:53

Did you know some states don't allow ballots to be processed or counted before election day?

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00:00:52

The current government in Türkiye is in support of #hamas and affected their relations with #Israel

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00:01:00

Is #donaldtrump correct about tariffs? Was the #China trade tariff beneficial for the US?

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00:00:58

What are the fundamental benefits of trade between countries? Are there negatives to this method?

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00:02:59

The Future of Space Technology | Stanford Emerging Technology Review (SETR)

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00:01:00

#tunein to our next #uncommonknowledge w/ Bjorn Lomborg discussing technology solving world problems

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00:20:34

A GoodFellows Special: A Guide to Summer | GoodFellows

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00:00:44

Can you imagine the moment that slaves began to realize that they were actually free? #juneteenth

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00:34:43

Nicolas Sarkozy's 'Certain Idea of France' | Andrew Roberts | Hoover Institution

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01:19:36

The Wealth of Working Nations | Hoover Institution

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,January 31, 2024 Hoover Institution | Stanford University Jesús Fernández-Villaverde, the Howard Marks Presidential Professor of Economics at the University of Pennsylvania, discussed “The Wealth of Working Nations,” a paper with Gustavo Ventura (Arizona State University) and Wen Yao (Tsinghua University). PARTICIPANTS Jesús Fernández-Villaverde, John Taylor, Annelise Anderson, Michael Boskin, Doug Branch, Pedro Carvalho, John Cochrane, Chris Dauer, Steve Davis, Sebastian Di Tella, David Fedor, Jared Franz, Bob Hall, Adele Hayutin, Gregory Hess, Laurie Hodrick, Robert Hodrick, Chad Jones, Ken Judd, Matthew Kahn, Pete Klenow, Evan Koenig, David Laidler, Oliver Landmann, John Lipsky, Lee Ohanian, Robert Oster, Radek Paluszynski, Elena Pastorino, Paul Peterson, Alvin Rabushka, Valerie Ramey, Richard Sousa, Tom Stephenson, Jack Tatom, George Tavlas, Yevgeniy Teryoshin, Chris Tonetti, Victor Valcarcel, Gustavo Ventura ISSUES DISCUSSED Jesús Fernández-Villaverde, the Howard Marks Presidential Professor of Economics at the University of Pennsylvania, discussed “The Wealth of Working Nations,” a paper with Gustavo Ventura (Arizona State University) and Wen Yao (Tsinghua University). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution, was the moderator. PAPER SUMMARY Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of GDP growth per working-age adult. Indeed, from 1998 to 2019, Japan has grown slightly faster than the U.S. in terms of per working-age adult: an accumulated 31.9% vs. 29.5%. Furthermore, many advanced economies appear to be on parallel balanced growth trajectories in terms of working-age adults despite important differences in levels. Motivated by this observation, we calibrate a standard neoclassical growth model in which the growth of the working-age adult population varies in line with the data for each economy. Despite the underlying demographic differences, the calibrated model tracks output per workingage adult in most economies of our sample. Our results imply that the growth behavior of mature, aging economies is not puzzling from a theoretical perspective. To read the paper, click the following link https://www.sas.upenn.edu/%7Ejesusfv/Wealth_Working_Nations.pdf To read the slides, click the following link https://www.hoover.org/sites/default/files/2024-02/Slides_Hoover.pdf

01:03:34

Central Banks And Policy Communication: How Emerging Markets Have Outperformed The Fed And ECB

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,January 30, 2024 Hoover Institution | Stanford University Our 22nd meeting features a conversation with Elina Ribakova, Piroska Nagy Mohácsi, Tatiana Evdokimova, and Olga Ponomarenko on Central Banks and Policy Communication: How Emerging Markets Have Outperformed the Fed and ECB on Tuesday, January 30, 2024 from 9:00AM – 10:30AM PT. Elina Ribakova, Piroska Nagy Mohácsi, Tatiana Evdokimova, and Olga Ponomarenko speaking on Central Banks and Policy Communication: How Emerging Markets Have Outperformed the Fed and ECB. The Hoover Institution hosts a seminar series on Using Text as Data in Policy Analysis, co-organized by Steven J. Davis and Justin Grimmer. These seminars will feature applications of natural language processing, structured human readings, and machine learning methods to text as data to examine policy issues in economics, history, national security, political science, and other fields. Elina Ribakova is a nonresident senior fellow at the Peterson Institute for International Economics. She is also a nonresident fellow at the Brussels-based economic policy think tank Bruegel and a director of the International Affairs Program and vice president for foreign policy at the Kyiv School of Economics. Her research focuses on global markets, economic statecraft, and economic sovereignty. She has been a senior adjunct fellow at the Center for a New American Security (2020–23) and a research fellow at the London School of Economics (2015–17). Piroska Nagy Mohácsi is a visiting professor at the Firoz Lalji Global Hub & Institute for Africa at the London School of Economics and Political Science. Her key research areas include financial resilience and stability, central bank reform, digital currencies, fiscal and monetary policy mix and related governance issues, and emerging-market policies. She previously held senior positions at the EBRD (2008-15), the IMF (1986-2008), and Fitch Ratings (2003-4). Tatiana Evdokimova is the senior economist at the Joint Vienna Institute. She previously worked in the emerging markets research team of Nordea Bank, where she was responsible for macroeconomic analysis and forecasting with a focus on financial market trends. Prior to that, she was an economist at the economic service of the French embassy in Moscow conducting analytical research on economic developments in countries of Eastern Europe, the Caucasus, and Central Asia. Evdokimova holds a PhD in international economics. Her research interests lie in the areas of monetary policy, international capital flows, and climate change. Olga Ponomarenko has been the head of quantitative analytics at Caplight since 2021. She previously worked as a quantitative analyst at Barclays and economist at the European Bank for Reconstruction and Development. Steven J. Davis is the Thomas W. and Susan B. Ford Senior Fellow at the Hoover Institution and Senior Fellow at the Stanford Institute for Economic Policy Research. He studies business dynamics, labor markets, and public policy. He advises the U.S. Congressional Budget Office and the Federal Reserve Bank of Atlanta, co-organizes the Asian Monetary Policy Forum and is co-creator of the Economic Policy Uncertainty Indices, the Survey of Business Uncertainty, and the Survey of Working Arrangements and Attitudes. Davis hosts “Economics, Applied,” a podcast series sponsored by the Hoover Institution. Justin Grimmer is a senior fellow at the Hoover Institution and a professor in the Department of Political Science at Stanford University. His current research focuses on American political institutions, elections, and developing new machine-learning methods for the study of politics.

00:28:09

Oppenheimer’s Edward Teller and Sid Drell on ICBM Defense Systems | Uncommon knowledge Archive

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01:41:39

The Stanford Emerging Tech Review | DC Launch

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00:53:46

Davos, World War III, Essential Books, and No Swearing | GoodFellows

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00:48:49

“The Treason of the Intellectuals,” with Niall Ferguson | Uncommon Knowledge

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01:29:22

Fiscal Influences on Inflation in OECD Countries, 2020-2022 | Hoover Institution

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,January 17, 2024 Hoover Institution | Stanford University Robert Barro, Paul M. Warburg Professor of Economics at Harvard University, and Francesco Bianchi, Louis J. Maccini Professor of Economics at Johns Hopkins University, discussed “Fiscal Influences on Inflation in OECD Countries, 2020-2022.” PARTICIPANTS Robert Barro, Francesco Bianchi, John Taylor, Annelise Anderson, Steven Blitz, Michael Bordo, Michael Boskin, Jeremy Bulow, Nicolas Caramp, Daniele Caratelli, Pedro Carvalho, John Cochrane, John Cogan, Abeer Dahiya, Sami Diaf, Doug Diamond, Christopher Erceg, Andy Filardo, Jared Franz, Bob Hall, Erick Hanushek, Joseph Haubrich, Thomas Helbling, Gregory Hess, Robert Hetzel, Laurie Hodrick, Robert Hodrick, Matthew Kahn, Greg Kaldor, Patrick Kehoe, Kevin Kliesen, Evan Koenig, Don Kosh, Jeff Lacker, David Laidler, Mickey Levy, John Lipsky, Dennis Lockhart, Dante Mangiaracina, Klaus Masuch, Axel Merk, Roger Mertz, Alexander Mihailov, Ilian Mihov, Casey Mulligan, Emi Nakamura, Fernanda Nechio, David Neumark, David Papell, Elena Pastorino, Paul Peterson, Charles Plosser, Ned Prescott, Alvin Rabushka, Valerie Ramey, Flavio Rovida, Paola Sapienza, Lawrence Schembri, Apostolos Serletis, Pierre Siklos, Chris Sims, Richard Sousa, Jack Tatom, Yevgeniy Teryoshin, Jose Ursua, Carl Walsh, Kevin Warsh, Robert Willis, Luigi Zingales ISSUES DISCUSSED Robert Barro, Paul M. Warburg Professor of Economics at Harvard University, and Francesco Bianchi, Louis J. Maccini Professor of Economics at Johns Hopkins University, discussed “Fiscal Influences on Inflation in OECD Countries, 2020-2022.” John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution, was the moderator. PAPER SUMMARY The fiscal theory of the price level (FTPL) has been active for 30 years, and the interest in this theory grew with the recent global surges in inflation and government spending. This study applies the FTPL to 37 OECD countries for 2020-2022. The theory’s centerpiece is the government’s intertemporal budget constraint, which relates a country’s inflation rate in 2020-2022 (relative to a baseline rate) to a composite government-spending variable. This variable equals the cumulative increase in the ratio of government expenditure to GDP from 2020 to 2022, divided by the ratio of public debt to GDP in 2019 and the duration of the debt in 2019. This specification has substantial explanatory power for recent inflation rates across 20 non-Euro-zone countries and an aggregate of 17 Euro-zone countries. The estimated coefficients of the composite spending variable are significantly positive, implying that 40-50% of effective government financing came from the inverse effect of unexpected inflation on the real value of public debt, whereas 50-60% reflected conventional public finance (increases in current or future taxes or cuts in future spending). Within the Euro area, inflation reacts mostly to the area-wide government-spending variable, not to individual values. To read the paper, click the following link https://www.hoover.org/sites/default/files/2024-01/Fiscal%20Theory%20102023.pdf To read the slides, click the following link https://www.hoover.org/sites/default/files/2024-01/Fiscal%20Influences%20on%20Inflation%20in%20OECD%20Countries.pdf

01:16:47

Public Interest and State Legitimation: Early Modern England, Japan, and China

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00:54:29

Donald Trump and The Supreme Court | Uncommon Knowledge

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00:04:25

Putting Patients First: The Case for Individual Health Accounts

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01:30:12

A Framework for Geoeconomics | Hoover Institution

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,January 10, 2024 Hoover Institution | Stanford University Matteo Maggiori, Moghadam Family Professor of Finance at the Stanford Graduate School of Business, and senior fellow at the Stanford Institute for Economic Policy Research, discussed “A Framework for Geoeconomics,” a paper with Christopher Clayton (Yale School of Management), and Jesse Schreger (Columbia Business School). PARTICIPANTS Matteo Maggiori, John Taylor, Anat Admati, Annelise Anderson, Michael Boskin, Jeremy Bulow, John Cochrane, Randi Dewitty, Doug Diamond, David Fedor, Andy Filardo, Pete Fisher, Jared Franz, Eyck Freymann, Eric Hanushek, Heikki Hietala, Ashil Jhaveri, Kenn Judd, Evan Koenig, Roman Kräussl, Tom Kulisz, David Laidler, Mauricio Larraine, Dennis Lockhart, Robert McCauley, Axel Merk, Alexander Mihalov, Ilian Mihov, Casey Mulligan, David Neumark, Ned Prescott, Valerie Ramey, Ned Prescott, Joshua Rauh, Gary Roughead, Flavio Rovida, Paola Sapienza, Jesse Schreger, Lawrence Schembri, Tom Stephenson, Jack Tatom, Victor Valcarcel, Mark Wynne ISSUES DISCUSSED Matteo Maggiori, Moghadam Family Professor of Finance at the Stanford Graduate School of Business, and senior fellow at the Stanford Institute for Economic Policy Research, discussed “A Framework for Geoeconomics,” a paper with Christopher Clayton (Yale School of Management), and Jesse Schreger (Columbia Business School). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution, was the moderator. PAPER SUMMARY Governments use their countries’ economic strength from existing financial and trade relationships to achieve geopolitical and economic goals. We refer to this practice as geoeconomics. We build a framework based on three core ingredients: limited contract enforceability, input-output linkages, and externalities. Geoeconomic power arises from the ability to jointly exercise threats across separate economic activities. A hegemon, like the United States, exerts its power on firms and governments in its economic network by asking these entities to take costly actions that manipulate the world equilibrium in the hegemon’s favor. We characterize the optimal actions and show that they take the form of mark-ups on goods or higher rates on lending, but also import restrictions and tariffs. Input-output amplification makes controlling some sectors more valuable for the hegemon since changes in the allocation of these strategic sectors have a larger influence on the world economy. This formalizes the idea of economic coercion as a combination of strategic pressure and costly actions. We apply the framework to two leading examples: national security externalities and the Belt and Road Initiative. To read the paper click the following link https://globalcapitalallocation.s3.us-east-2.amazonaws.com/CMS_Strategic.pdf To read the slides, click the following link https://www.hoover.org/sites/default/files/2024-01/CMS_Strategic_Slides.pdf

00:34:28

The Power of Proximity: A Conversation with Emma Harrington | Economics, Applied

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,Steven Davis speaks with Emma Harrington about her recent study on the power of proximity in facilitating mentoring, employee feedback, and learning on the job. According to the study, software engineers give more written feedback to team members when working in the same building, as compared to working in nearby buildings or from home. Physical proximity has stronger effects on the feedback given and received by women, and it is especially important in facilitating feedback from senior to junior employees. This episode was recorded on December 14, 2023. ABOUT THE SPEAKERS: Emma Harrington is an assistant professor of economics at the University of Virginia and affiliate of JPAL-North America. She received her PhD in Economics from Harvard in 2021. She held a postdoc position in the Industrial Relations Section at Princeton University in 2021-2022 and was assistant professor at the University of Iowa Tippie College of Business in 2022-23. Her research focuses on labor market issues, personnel economics, and law and economics. Steven J. Davis is the Thomas W. and Susan B. Ford senior fellow at the Hoover Institution and senior fellow at the Stanford Institute for Economic Policy Research (SIEPR). He is an economic adviser to the U.S. Congressional Budget Office, elected fellow of the Society of Labor Economists, and consultant to the Federal Reserve Bank of Atlanta. He co-founded the Economic Policy Uncertainty project, the U.S. Survey of Working Arrangements and Attitudes, the Global Survey of Working Arrangements, the Survey of Business Uncertainty, and the Stock Market Jumps project. He co-organizes the Asian Monetary Policy Forum, held annually in Singapore. Before joining Hoover, Davis was on the faculty at the University of Chicago Booth School of Business, serving as both distinguished service professor and deputy dean of the faculty. ABOUT THE SERIES: Each episode of Economics, Applied, a video podcast series, features senior fellow Steven Davis in conversation with leaders and researchers about economic developments and their ramifications. The goal is to bring evidence and economic reasoning to the table, drawing lessons for individuals, organizations, and society. The podcast also aims to showcase the value of individual initiative, markets, the rule of law, and sound policy in fostering prosperity and security. For more information, visit https://www.hoover.org/podcasts/economics-applied. RELATED RESOURCES: Emma's website: https://sites.google.com/view/eharrington “The Power of Proximity to Coworkers: Training for Tomorrow or Productivity Today?” by Natalia Emanuel, Emma Harrington and Amanda Palais : https://drive.google.com/file/d/1McMMhP94-rBgQEkihJO01P0MGxIj0WtM/view

00:41:51

John Yoo - The Fall of Affirmative Action: Diversity against Individual Rights Ch. 1| HISPBC

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01:07:35

Ivy-League Anti-Semitism with Bari Weiss, Regarding Henry, and Santa Hats | GoodFellows

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01:16:37

Industrial Policy Uncertainty In China | Hoover Institution

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00:49:57

Report Card From The US-China Commission | Michael Auslin | Hoover Institution

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00:07:42

Introducing the Stanford Emerging Technology Review, featuring Condoleezza Rice and Jennifer Widom

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,The Hoover Institution and Stanford University School of Engineering announced an innovative project and publication dedicated to exploring the breakthroughs and policy implications of cutting-edge technologies that are shaping our societies and economies. https://setr.stanford.edu/ In this video, the Review’s esteemed co-chairs, Condoleezza Rice, director of the Hoover Institution, and Jennifer Widom, dean of the School of Engineering at Stanford University, provide highlights of this unique collaboration. The partnership combines scientific expertise from leading Stanford researchers in ten emerging technology areas with policy insights provided by the Hoover fellowship. Rice and Widom describe how the Review will conduct a comprehensive examination and analysis of the policy implications surrounding Artificial Intelligence, Biotechnology and Synthetic Biology, Space Technologies, and other critical areas. The video strongly emphasizes the imperative of using these technologies responsibly and sheds light on potential risks if autocracies and other malign actors gain undue advantages. Further, the video underscores the pivotal role academia plays in nurturing scientific research and understanding. Rice and Widom illustrate how the Stanford Emerging Technology Review aims to initiate a vital conversation about navigating our rapidly evolving future. This dialogue, led by expert voices at the forefront of scientific research and public policy, emphasizes the necessity for responsible innovation and thoughtful consideration of the challenges that lie ahead. Learn more about the Stanford Emerging Technology Review at https://setr.stanford.edu/. Featured in the Video Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and Thomas and Barbara Stephenson Senior Fellow on Public Policy. She is also the Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business. She is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm. From January 2005 to January 2009, Rice served as the 66th Secretary of State of the United States, the second woman and first black woman to hold the post. Rice also served as assistant to the president for national security affairs (National Security Advisor) from January 2001 to January 2005, the first woman to hold the position. Jennifer Widom is the Frederick Emmons Terman Dean of the School of Engineering and the Fletcher Jones Professor in Computer Science and Electrical Engineering at Stanford University. She served as Computer Science Department chair from 2009-2014 and School of Engineering senior associate dean from 2014-2016. Widom received her Bachelor's degree from the Indiana University Jacobs School of Music in 1982 and her Computer Science Ph.D. from Cornell University in 1987. She was a research staff member at the IBM Almaden Research Center before joining the Stanford faculty in 1993. Her research interests span many aspects of nontraditional data management. She is an ACM Fellow and a member of the National Academy of Engineering and the American Academy of Arts & Sciences; she received a Guggenheim Fellowship in 2000, the ACM SIGMOD Edgar F. Codd Innovations Award in 2007, the ACM-W Athena Lecturer Award in 2015, and the EPFL-WISH Foundation Erna Hamburger Prize in 2018.

00:24:16

Jeffrey Clemens on the Promises and Pitfalls of Fiscal Federalism | Ch.2 | HISPBC

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01:09:58

The Most Dangerous Moment: A Debate on America’s Role in the Pacific | Uncommon Knowledge

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01:21:32

Executive Leadership In A Polarized Era: Rebuilding Trust In American Institutions | Hoover Inst.

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,On Thursday, November 30, 2023 the Hoover Institution hosted Governors Wes Moore (D-Maryland) and Christopher Sununu (R-New Hampshire) in conversation with Hoover Institution Director Condoleezza Rice to offer perspectives on the state of American institutions. In a bipartisanship spirit, the governors and Director Rice shared insights on how trust in and the efficacy of governmental institutions can be improved as well as the challenges of doing so in a polarized environment. Panelists shared their perspectives as chief executives and weighed in on reforms to improve democracy at all levels of government. For more information visit, https://www.hoover.org/events/executive-leadership-polarized-era-rebuilding-trust-american-institutions. ABOUT THE SPEAKERS Governor Wes Moore is the 63rd Governor of the state of Maryland and is the state’s first Black Governor. Moore earned an Associate’s degree from Valley Forge Military Academy and College and was commissioned as a second lieutenant in the U.S. Army. He earned his Bachelor’s in international relations and economics at Johns Hopkins University in Baltimore, where he graduated Phi Beta Kappa and was the university’s first Black Rhodes Scholar. Moore served as a captain in the 82nd Airborne Division in Afghanistan and was the CEO of the Robin Hood Foundation. He also worked in finance with Deutsche Bank in London and with Citigroup in New York. He and his wife Dawn Flythe Moore have two children. Governor Christopher Sununu Governor Christopher Sununu is the 82nd Governor of the State of New Hampshire and is currently serving his fourth term, receiving in 2020 more votes ever than any candidate in state history. With Governor Sununu's leadership, New Hampshire is ranked the #1 state in the country for personal freedoms by Cato Institute. Chris grew up in Salem, NH. He graduated from Massachusetts Institute of Technology (M.I.T.) with a BS in Civil/Environmental Engineering. As an environmental engineer, Chris worked for ten years cleaning up hazardous waste sites across the country. Governor Sununu lives in Newfields with his wife, Valerie, and their three children. condoleezza rice image Condoleezza Rice is the Tad and Dianne Taube Director of the Hoover Institution and a Senior Fellow on Public Policy. She is the Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business. In addition, she is a founding partner of Rice, Hadley, Gates & Manuel LLC, an international strategic consulting firm. ABOUT RAI The Center for Revitalizing American Institutions in multiple ways affirms the purpose for which Herbert Hoover created the Hoover Institution. Through scholarship, policy analysis, and dissemination of findings, RAI will help the nation meet the current existential challenges to our institutions. By giving definition to the problem and approaching it holistically, RAI is a resource for improving the current situation and encouraging an informed and active citizenry. For more information on the Center for Revitalizing Institutions, visit https://www.hoover.org/research-teams/center-revitalizing-american-institutions.

01:37:06

Taiwan's 2024 General Elections: The Campaign So Far | Hoover Institution

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,Wednesday, November 29, 2023 Hoover Institution | Stanford University On behalf of Taiwan in the Indo-Pacific Region, the Hoover Institution held Taiwan's 2024 General Elections: The Campaign So Far on Wednesday, November 29, 2023 from 3:00 - 4:30 pm PT. On January 13, 2024, Taiwan voters will go to the polls to elect a new president and legislature. The results could have major implications for Taiwan’s relationship with the United States and the People’s Republic of China (PRC), as well as the peace and stability of the Indo-Pacific. In this event, three experts on Taiwan’s domestic politics weigh in on the state of the race, including the leading presidential candidates and parties, the messages of each campaign, and the issues animating the race so far. As the campaign enters the home stretch, they discuss the role of the PRC and the United States in the election, the most likely outcomes, and the consequences for the trilateral U.S.-Taiwan-PRC relationship. FEATURING Chiaoning Su is an Associate Professor in the Department of Communication, Journalism, and Public Relations at Oakland University, where she also serves as the Director of the Barry M. Klein Center for Culture and Globalization. Su is a communication scholar (Ph.D., 2015, Temple University) with a dual focus on two interrelated strands: the journalism of crisis and journalism in crisis. Her first line of inquiry delves into the representation and production of crisis news, while her second line of research centers on the role of journalism in the context of diminishing democracy. Her work has been published in Media, Culture, and Society, International Journal of Communication, Asian Journal of Communication, Taiwan Journal of Democracy, and Communication Review. Prior to her academic career, Su gained valuable professional experience as a communication specialist at Ogilvy Public Relations and worked on several political campaigns in Taiwan. Dennis Lu-Chung Weng is an Associate Professor of Political Science at Sam Houston State University and the founding Director of the Asia Pacific Peace Research Institute (APPRI). He obtained his Ph.D. from the University of Texas at Dallas in 2014. Dr. Weng has formerly taught at institutions including Wesleyan University and SUNY-Cortland. He currently holds research fellowships at Stellenbosch University and National Chengchi University, Taiwan. His research centers on comparative politics, international relations, and the dynamics between domestic political behavior and international politics, particularly in the US and Asia-Pacific regions. A recognized expert in his field, Dr. Weng's insights have been featured in scholarly publications, op-eds, and various media outlets. He is a noted commentator on US China-Taiwan relations and political events in both the US and Asia. MODERATOR Kharis Templeman is a research fellow at the Hoover Institution and part of the Project on Taiwan in the Indo-Pacific. Templeman is a political scientist (Ph.D. 2012, Michigan) with research interests in Taiwan politics, democratization, elections and election management, party system development, and politics and security issues in Pacific Asia. INTRODUCTION BY Larry Diamond is the William L. Clayton Senior Fellow at the Hoover Institution, the Mosbacher Senior Fellow in Global Democracy at the Freeman Spogli Institute for International Studies (FSI), and a Bass University Fellow in Undergraduate Education at Stanford University. He is also professor, by courtesy, of political science and sociology at Stanford. He co-chairs the Hoover Institution’s programs on China’s Global Sharp Power and on Taiwan in the Indo-Pacific Region.

00:37:27

How Flexible Jobs Can Help Women: A Conversation with Suhani Jalota | Economics, Applied

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,Suhani Jalota joins Steve to discuss her study of how digital jobs can draw women into paid work in countries like India. The jobs, performed on smartphones, produce data that help train and evaluate AI models. Several job design features help overcome practical barriers to work and sidestep social norms that inhibit work for pay by married women. Jalota tells Steve how this idea can work in practice, how outcomes for women in these jobs can be evaluated, the broader effects of drawing women into this type of work, and what is next on her research agenda. This episode was recorded on November 13, 2023. ABOUT THE SPEAKERS: Suhani Jalota is a PhD candidate in Health Economics at the Stanford School of Medicine, and a Knight Hennessy Scholar. She holds a Bachelor of Science in Economics and Global Health from Duke University (2016). She is also the founder and director of a women's health organization, the Myna Mahila Foundation, based in Mumbai, India. She has been working in urban slum areas and rural communities researching and designing strategies on projects including the health of adolescent girls, as well as public policies concerning water, sanitation, and social protection. Her economics honors thesis topic looks at how slum redevelopment has negatively affected child health outcomes, even as rapid urbanization calls for policies that keep people healthy and safe. She wants to further explore national health systems, their design, as well as challenges and outcomes, especially from a developing country context. Steven J. Davis is the Thomas W. and Susan B. Ford senior fellow at the Hoover Institution and senior fellow at the Stanford Institute for Economic Policy Research (SIEPR). He is an economic adviser to the U.S. Congressional Budget Office, elected fellow of the Society of Labor Economists, and consultant to the Federal Reserve Bank of Atlanta. He co-founded the Economic Policy Uncertainty project, the U.S. Survey of Working Arrangements and Attitudes, the Global Survey of Working Arrangements, the Survey of Business Uncertainty, and the Stock Market Jumps project. He co-organizes the Asian Monetary Policy Forum, held annually in Singapore. Before joining Hoover, Davis was on the faculty at the University of Chicago Booth School of Business, serving as both distinguished service professor and deputy dean of the faculty. ABOUT THE SERIES: Each episode of Economics, Applied, a video podcast series, features senior fellow Steven Davis in conversation with leaders and researchers about economic developments and their ramifications. The goal is to bring evidence and economic reasoning to the table, drawing lessons for individuals, organizations, and society. The podcast also aims to showcase the value of individual initiative, markets, the rule of law, and sound policy in fostering prosperity and security. For more information, visit https://www.hoover.org/podcasts/economics-applied.

01:07:23

Known Unknowns, the Rolling Stones, and Karl Rove | GoodFellows

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00:51:11

Biden Meets Xi | Hoover Institution

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01:00:21

Breaking China: Congressman Mike Gallagher on Asian Geopolitics and Beyond | Uncommon Knowledge

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01:01:41

What We Teach About Race And Gender | A Workshop Series On Using Text As Data In Policy Analysis

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,November 14, 2023 Hoover Institution | Stanford University Anjali Adukia, Alex Eble, Emileigh Harrison, Hakizumwami Birali Runesha, and Teodora Szasz speaking on What We Teach about Race and Gender. The Hoover Institution hosts a seminar series on Using Text as Data in Policy Analysis, co-organized by Steven J. Davis and Justin Grimmer. These seminars will feature applications of natural language processing, structured human readings, and machine learning methods to text as data to examine policy issues in economics, history, national security, political science, and other fields. Our 20th meeting features a conversation with Anjali Adukia, Alex Eble, Emileigh Harrison, Hakizumwami Birali Runesha, and Teodora Szasz on What We Teach about Race and Gender on Tuesday, November 14, 2023 from 9:00AM – 10:30AM PT. Anjali Adukia is an assistant professor at the University of Chicago Harris School of Public Policy and the College and the director of the MiiE Lab (Messages, Identity, and Inclusion in Education). In her work, she is interested in understanding how to reduce inequalities such that children from historically disadvantaged backgrounds have equal opportunities to fully develop their potential. Alex Eble is Associate Professor of Economics and Education at Columbia’s graduate school of education, Teachers College. His research focuses primarily on two key themes: the economics of education in low-income contexts, and the economics of beliefs and information applied to education and inequality. Emileigh Harrison is a PhD candidate studying Public Policy at the University of Chicago. Her research focuses on understanding barriers to education (such as financial constraints or beliefs about academic abilities shaped by representation) and the role that education policy can play in eliminating them. Hakizumwami Birali Runesha is the Associate Vice President for Research Computing and founding Director of the Research Computing Center (RCC) at The University of Chicago. He is the former Director of Scientific Computing and Applications at the University of Minnesota Supercomputing Institute, Research Associate at the Hong Kong University of Science and Technology and Assistant Professor in the Civil Engineering Department at the University of Kinshasa. Dr Runesha has more than 28 years of experience in high performance computing, data science and scientific software development. Teodora Szasz is an Innovation Director at Philips, managing innovation projects (such as AI-based diagnosis of cardiac diseases) between Philips and UChicago Medicine. Steven Davis is the Thomas W. And Susan B. Ford Senior Fellow at the Hoover Institution and professor of economics at the University of Chicago Booth School of Business. He studies business dynamics, labor markets, and public policy. He advises the U.S. Congressional Budget Office and the Federal Reserve Bank of Atlanta, co-organizes the Asian Monetary Policy Forum and is co-creator of the Economic Policy Uncertainty Indices, the Survey of Business Uncertainty, and the Survey of Working Arrangements and Attitudes. Justin Grimmer is a senior fellow at the Hoover Institution and a professor in the Department of Political Science at Stanford University. His current research focuses on American political institutions, elections, and developing new machine-learning methods for the study of politics.

00:36:38

Managing a Remote Workforce | Economics, Applied

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,Raj Choudhury joins Steve to talk about work from home and other flexible working arrangements. They discuss Raj’s study of the transition to remote work by U.S. patent examiners, including its effects on productivity and employee morale. Next, they consider which jobs and organizations are suited for remote work, which are not, and what it takes to successfully manage a remote workforce. To close, they remark on the potential of remote work to revitalize smaller cities. This episode was recorded on November 8, 2023. ABOUT THE SPEAKERS: Prithwiraj Choudhury is the Lumry Family Associate Professor of Business Administration at Harvard Business School and an expert on work-related management practices. His publications include articles in Management Science, Organization Science, Strategic Management Journal, Review of Financial Studies, and the Harvard Business Review. He earned his doctorate from Harvard and has degrees from the Indian Institute of Technology and the Indian Institute of Management. Before life as an academic, he worked at McKinsey & Company, Microsoft, and IBM. Steven J. Davis is the Thomas W. and Susan B. Ford senior fellow at the Hoover Institution and senior fellow at the Stanford Institute for Economic Policy Research (SIEPR). He is an economic adviser to the U.S. Congressional Budget Office, elected fellow of the Society of Labor Economists, and consultant to the Federal Reserve Bank of Atlanta. He co-founded the Economic Policy Uncertainty project, the U.S. Survey of Working Arrangements and Attitudes, the Global Survey of Working Arrangements, the Survey of Business Uncertainty, and the Stock Market Jumps project. He co-organizes the Asian Monetary Policy Forum, held annually in Singapore. Before joining Hoover, Davis was on the faculty at the University of Chicago Booth School of Business, serving as both distinguished service professor and deputy dean of the faculty. ABOUT THE SERIES: Each episode of Economics, Applied, a video podcast series, features senior fellow Steven Davis in conversation with leaders and researchers about economic developments and their ramifications. The goal is to bring evidence and economic reasoning to the table, drawing lessons for individuals, organizations, and society. The podcast also aims to showcase the value of individual initiative, markets, the rule of law, and sound policy in fostering prosperity and security. For more information, visit https://www.hoover.org/podcasts/economics-applied.

00:50:01

Once More Unto The Breach, With Eliot Cohen | Andrew Roberts | Hoover Institution

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01:26:42

Who is the Post-9/11 Veteran: Defining a Generation | The Town Hall Series on Post-9/11 Veterans

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01:24:39

Milton Friedman: The Last Conservative | Hoover Institution

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,November 8, 2023 Hoover Institution | Stanford University Jennifer Burns, research fellow at the Hoover Institution and associate professor of History at Stanford University, discussed her forthcoming book, Milton Friedman: The Last Conservative. https://www.hoover.org/research/milton-friedman-last-conservative PARTICIPANTS Jennifer Burns, John Taylor, Annelise Anderson, Uschi Backes-Gellner, Michael Boskin, Pedro Carvalho, John Cochrane, Bradley Combest, Steven Davis, Randi Dewitty, Sami Diaf, Christopher Erceg, David Fedor, Jared Franz, Bob Hall, Kevin Hassett, Robert Hetzel, Robert Hodrick, Doug Irwin, Ken Judd, Matthew Kahn, Timothy Kane, Marc Katz, Dan Kessler, Kevin Kliesen, Don Koch, Evan Koenig, David Laidler, Norman Lefton, Ross Levine, Mickey Levy, John Lipsky, Michael Melvin, Axel Merk, Paola Sapienza, Pierre Siklos, Abraham Sofaer, Richard Sousa, Tom Stephenson, George Tavlas, Victor Valcarcel, Mark Wynne ISSUES DISCUSSED Jennifer Burns, research fellow at the Hoover Institution and associate professor of History at Stanford University, discussed her forthcoming book, Milton Friedman: The Last Conservative. John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution, was the moderator. BOOK DETAILS (McMillan Publishers 2023) https://us.macmillan.com/books/9780374601140/miltonfriedman The first full biography of America’s most renowned economist. Milton Friedman was, alongside John Maynard Keynes, the most influential economist of the twentieth century. His work was instrumental in the turn toward free markets that defined the 1980s, and his full-throated defenses of capitalism and freedom resonated with audiences around the world. It’s no wonder the last decades of the twentieth century have been called “the Age of Friedman”—or that analysts have sought to hold him responsible for both the rising prosperity and the social ills of recent times. In Milton Friedman, the first full biography to employ archival sources, the historian Jennifer Burns tells Friedman’s extraordinary story with the nuance it deserves. She provides lucid and lively context for his groundbreaking work on everything from why dentists earn less than doctors, to the vital importance of the money supply, to inflation and the limits of government planning and stimulus. She traces Friedman’s longstanding collaborations with women, including the economist Anna Schwartz, as well as his complex relationships with powerful figures such as Fed Chair Arthur Burns and Treasury Secretary George Shultz, and his direct interventions in policymaking at the highest levels. Most of all, Burns explores Friedman’s key role in creating a new economic vision and a modern American conservatism. The result is a revelatory biography of America’s first neoliberal—and perhaps its last great conservative. To read the slides, click the following link https://www.hoover.org/sites/default/files/2023-11/Economic-Policy-Working-Group-slides.pdf

01:00:18

The Long Game: Andrew Luck & Condoleezza Rice on the Future of College Sports | Uncommon Knowledge

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01:14:14

The Effect of Postsecondary Institutions on Local Economies: A Bird’s-Eye View | Hoover Institution

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,Eric Bettinger, senior fellow (joint) at the Hoover Institution and the Conley-DeAngelis Professor of Education in the Graduate School of Education at Stanford University, discussed “The Effect of Postsecondary Institutions on Local Economies: A Bird’s-Eye View,” a paper with Patrick Lehnert (University of Zurich), Uschi Backes-Gellner (University of Zurich), and Madison Dell (Tennessee Board of Regents). PARTICIPANTS Eric Bettinger, John Taylor, Joshua Aizenman, Uschi Backes-Gellner, Patrick Biggs, Michael Boskin, John Cochrane, Bradley Combest, Steven Davis, Sami Diaf, Eric Hanushek, Michael Hartney, Kevin Hassett, Evan Koenig, David Laidler, Patrick Lehnert, Hans Lueders, Livio Maya, Michael Melvin, Axel Merk, Dinsha Mistree, David Neumark, Radek Paluszynski, Elena Pastorino, Valerie Ramey, Madison Reel, Richard Sousa, Yevgeniy Teryoshin, Eric Wakin ISSUES DISCUSSED Eric Bettinger, senior fellow (joint) at the Hoover Institution and the Conley-DeAngelis Professor of Education in the Graduate School of Education at Stanford University, discussed “The Effect of Postsecondary Institutions on Local Economies: A Bird’s-Eye View,” a paper with Patrick Lehnert (University of Zurich), Uschi Backes-Gellner (University of Zurich), and Madison Dell (Tennessee Board of Regents). John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and the George P. Shultz Senior Fellow in Economics at the Hoover Institution, was the moderator. PAPER SUMMARY Postsecondary institutions affect the economy of the area around them, but the question is how. In the early 2000s, the United States experienced a rapid increase in both the number of students attending college and the number of branch campuses serving these students. We examine branch campus openings that took place in two states, Tennessee and Texas, that are representative of the underlying patterns in the nation as a whole. We provide estimates of the impacts of these branches campuses on local economic conditions. Because the impacts of these branch campuses could be more localized than county- or state-level data might reveal, we use satellite images to construct otherwise unavailable measures of economic development around these small branch-campus regions. We find a clear positive association. In Tennessee, this effect seems to be driven largely by two-year campuses, while the effect is higher for four-year campuses in Texas. As the location of new branch campuses is likely endogenous to local economic conditions, simple estimates may not reflect a causal effect. For Texas, we are able to use an instrumental variable to estimate causal effects. Our instrument takes advantage of local taxing regulations that likely influence the decision to open a branch campus in certain locations but not the local economic conditions. Using this exogenous variation, we find an even larger positive effect. Given that many states use higher education as a strategy to induce economic growth, particularly in rural areas, this paper contributes some of the first empirical estimates of the impact of campus openings on regional economic activity and offers perspectives on using this approach as an economic development tool. To read the paper, click the following link https://www.hoover.org/sites/default/files/2023-11/Lehnert%20et%20al_20231025_clean_0.pdf To read the slides, click the following link https://www.hoover.org/sites/default/files/2023-11/HooverSlides_v01nov2023_0.pdf

01:37:59

Book Talk With Melvyn P Leffler: Confronting Saddam Hussein: George W Bush And The Invasion Of Iraq

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