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Hoover Daily Report | October 26, 2026

Today, the Wall Street Journal Editorial Board rebuts criticisms of Hoover scholars’ research on the California wealth tax; those scholars—Joshua Rauh, Benjamin Jaros, Gregory Kearney, and Siddharth Gundapaneni—offer their own detailed response to these critiques; and John Cochrane argues that the time has come for serious reforms to European welfare states, if not a fundamental rethinking of the state’s relationship to the citizen.

Hoover Daily Report | October 26, 2026

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