Joshua Rauh

George P. Shultz Senior Fellow at the Hoover Institution | Stanford University Finance Professor

[Joshua Rauh @joshrauh]

@jamiesusskind My former employer Northwestern University appears to have been training some of Al Jazeera’s finest, literally until a few courageous members of Congress called them out. They still partner with Qatar.

https://t.co/OIcLMma8gC

[Jon Hartley @Jon_Hartley_]

Economic freedom

[Joshua Rauh @joshrauh]

@gkamstra Prob based on studies like IER that find no correlation across states between the level of prices and the number of data centers, and an insignificant relation with faster price increases. Missing ingredient: data centers rationally locate more where supply is more elastic.

[Joshua Rauh @joshrauh]

The Bastiat broken window fallacy, literally.

[Marc Andreessen 🇺🇸 @pmarca]

Every day I see something I am convinced I hallucinated.

[Joshua Rauh @joshrauh]

Last year, on a historical tour in a German town, the tour guide decided to mention that what’s going on in the US today is comparable to what was happening in that town in the 1930s. The tour was in German and he didn’t expect there would be any dissenters there, especially actual Americans (die Deutsch können).

We asked what he meant and tried to correct some misperceptions without totally derailing the tour. Most listened in silence. A few openly condemned us. One person quietly approached us after and was interested in talking.

I don’t think this is an isolated incident. I am a longtime supporter of the German-American friendship, go to Germany a few times every year, and experience myself what’s happening. Criticism of Trump has been leveraged with falsehoods into full-scale animosity towards the entire US system and capitalism itself.

[Joshua Rauh @joshrauh]

Maybe a case for @ulfposh and @a_nnaschneider @welt. America loves @FreddyLA7. Travelers are seeing the USA with their own eyes and it doesn’t match the news. Any interest in countering the anti-American propaganda over there?

[Bijan Tavassoli @BijanTavassoli]

Ganz Amerika liebt Freddy, Deutschlands 12ten Mann und niemand in Deutschland berichtet drüber ??? Dass die @tagesschau nicht positiv über die Gastfreundschaft der Amis berichtet versteht sich von selbst, zu sehr hat man Amerika schon als miserablen Gastgeber geframed und das passt einfach nicht ins Bild… aber apropos Bild ? Wo ist die @BILD ? Unter @jreichelt hätten die ihre key assets, die dem BND hier um Längen überlegenen Fussballreporter, schon lange deployed um Freddy ausfindig zu machen und auf die Titelseite zu packen! Wenn @niusde_ noch auf @jannibal_ zurückgreifen könnte, wär der schon in der nächsten Maschine nach Texas. @apollo_news_de fehlen die Ressourcen und dem semi-autistischen Ziehsohn von Julian, @maxmannhart fehlt jedes Interesse an softeren Stories die nicht hard-politics sind (kann Freddy uns helfen to own the libs ?) und so stirbt der Fußball und die deutsch-amerikanische Freundschaft einen einsamen Tod. Schade eigentlich.

[TakingHayekSeriously @FriedrichHayek]

Ro is the most famous teacher of economics affiliated with the highly ranked Stanford economics department 🤣🤣

[TakingHayekSeriously @FriedrichHayek]

Government in California is all about looting working families and producing a rotten product, such as children who can’t read or do math.

[Daniel Lurie 丹尼爾·羅偉 @DanielLurie]

Team USA is coming to the San Francisco Bay Area on July 1 for the Round of 32! Our city has been alive with energy for the World Cup, and we’re just getting started. Let’s go, USA. Let’s go, San Francisco!! 🇺🇸🇺🇸

[Joshua Rauh @joshrauh]

@Jon_Hartley_ @WSJ The SEIU's 2 percent compromise bid on the wealth tax is not even a compromise. It's a statement that the proponents remain highly eager for a wealth tax that could be expanded later. Full analysis: https://t.co/XtWkrGNOVd

[Joshua Rauh @joshrauh]

The SEIU's 2 percent compromise bid on the wealth tax is not even a compromise. It's a statement that the proponents remain highly eager for a wealth tax that could be expanded later. Full analysis: https://t.co/qExTlsGCpc

[Joshua Rauh @joshrauh]

Don Newsom refusing an offer of a compromise on a 2 percent wealth tax. As Michael Corleone would say, "my offer is nothing."

[Joshua Rauh @joshrauh]

Congratluations, Sylvain. Terrific news and very well deserved!

[Sylvain Catherine @sc_cath]

As it is now official, I am happy to report that, in a dozen days, I will be a tenured professor.

Thank you 🙏to my colleagues and to the anonymous letter writers in the profession who believed I could be entrusted with this privilege.

[Hoover Institution @HooverInst]

Education worker pension spending is rapidly crowding out direct outlays on K–12 education in several states, revealing a growing crisis in public education across America, according to new research from Hoover scholars @JoshRauh and Gregory Kearney.
https://t.co/sNfDqVZbnK

[Joshua Rauh @joshrauh]

Major bait and switch

[Dick Lucas 🇺🇸 @dickclucas]

One of the main architects behind the "one time" wealth tax is already talking about making it permanent.

This was never going to be one time. It was never just about billionaires.

[Joshua Rauh @joshrauh]

Analysis: https://t.co/IUsy6CAPTr

Look up your school district: https://t.co/t5Jh6LJnDd

[Joshua Rauh @joshrauh]

In California, over the 9 most recent years of data contributions to pensions for K-12 nearly doubled as a share of educational budgets, and consumed 44% of the increase in school budgets. Prop 30/55 looks more like a tax to fund pensions than a tax to fund education. More:

[Joshua Rauh @joshrauh]

Analysis: https://t.co/K9EfpteHJQ

Look up your school district: https://t.co/j72DnT5ELZ

[Scott Beaulier @ScottABeaulier]

A lot of debates about whether schools are "underfunded" or "overfunded" miss a more important question: How much of the money actually reaches students?

Interesting work from @joshrauh and Gregory Kearney on pension costs and classroom crowd-out.