The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of Lehman Brothers, but questions still persist about the best ways to avoid and respond to future financial crises.
Adam Smith may have become the patron saint of capitalism after he penned his most famous work, The Wealth of Nations. But few people know that when it came to the behavior of individuals—the way we perceive ourselves, the way we treat others, and the decisions we make in pursuit of happiness—the Scottish philosopher had just as much to say. He developed his ideas on human nature in an epic, sprawling work titled The Theory of Moral Sentiments.
The North American Free Trade Agreement (NAFTA) was bold and controversial from the start. When first conceived, it was far from obvious that it would be possible given the circumstances of the times. This book presents an expert view of NAFTA from the perspective of economists, historians, and policy makers in the words of those who negotiated it and whose research evaluates it.
Henry Kissinger has traveled the world, advised presidents, and been a close observer and participant in the central foreign policy events of our era. Now he offers his analysis of the twenty first century’s ultimate challenge: how to build a shared international order in a world of divergent historic perspectives, violent conflict, proliferating technology, and ideological extremism.
The depth of Hoover’s scholarship is reflected in the numerous books published by our fellows on a broad variety of topics and issues. This timely and prodigious output offers insight on the most pressing issues in public policy.