Market Turbulence and the Nature of Recessions

Is a regional war across the Middle East about to erupt? And what to make of a Venezuelan regime that doesn’t honor election results? Matthew Kroenig, Vice President and Senior Director of the Atlantic Council’s Scowcroft Center for Strategy and Security and coauthor of the book We Win They Lose: Republican Foreign Policy and the New Cold War, joins Hoover senior fellows John Cochrane and H.R. McMaster to discuss lessons from deterrence (or a lack thereof) past, present, and future. Next, John explains how a market meltdown underscores a fragile world economy, followed by a discussion of two historical milestones: 50 years since Richard Nixon’s resignation (with public trust in government today significantly lower than in Watergate’s heyday); and Herbert Hoover’s 150th birthday (as to his humanitarian pursuits, where would our fellows be without Hoover’s namesake institution?).