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Hoover Digest 1996 No. 2

April 30, 1996

The Numbers Tell The Story: Economic Freedom Spurs Growth

Nobel Prize–winner and Hoover fellow Gary S. Becker surveys the evidence from more than a hundred countries.

April 30, 1996

Is Democracy Good for Growth?

It sounds nice to try to install democracy in places like Haiti and Somalia, but does it make any sense? Hoover fellow Robert J. Barro has his doubts.

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April 30, 1996

Property Law 101

What causes economic growth? Hoover media fellow Tom Bethell surveys commonplace theories and finds many of themincomplete. What do they overlook? Property rights.

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April 30, 1996

Risk and Return

Economic growth does more than raise living standards; it calls forth the best in the human spirit. A meditation (including a good economist joke) by Hoover fellow Paul M. Romer.

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April 30, 1996

Why Our Tax System is Good for Government But Bad for People

The federal tax code does a good job of redistributing income and rewarding special interest groups. It does a lousy job of promoting economic growth. Vice Chairman of the Hoover Institution Board of Overseers W. Kurt Hauser explains why.

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April 30, 1996

Fear Not a Tax Cut

Former Hoover media fellow David Tell examines the case against a tax cut--and refutes it. A primer for this political season.

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April 30, 1996

The Minimum Wage Was High in the First Place

Hoover fellows John F. Cogan and Thomas E. MaCurdy argue that when Congress and the president hiked the minimum wage last summer, they were making a dumb mistake. The hike hurt those it was intended to help and helped those who didn't need it. And the effective minimum wage rate was already at a historic high in the first place.

April 30, 1996

How to End Welfare--and Help the Working Poor

We should stop tinkering with the welfare system and forget about the minimum wage. We already have a way to help the working poor: the earned income tax credit. An analysis by Nobel Prize–winner and Hoover fellow Gary S. Becker.

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April 30, 1996

Workfare, Not Welfare

The main welfare initiative of the Clinton administration has been the enlargement of the earned income tax credit program. "Mr. Clinton's support," Hoover fellow Robert J. Barro argues, "is not sufficient reason to regard the program as mistaken."

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April 30, 1996

The Squabble over the Minimum Wage

Why did so many economists back the hike in the minimum wage earlier this year? In part because of a study based on lousy data. Hoover fellow David R. Henderson explains.

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April 30, 1996

How We Adopted A Soviet-Style Health Care System--and How We Can End It

Health care delivery in the United States has become so depersonalized as to be virtually Soviet. Don't believe it? Nobel Prize–winner and Hoover fellow Milton Friedman proves the point by quoting Aleksandr Solzhenitsyn, a Hoover honorary fellow. The way to end depersonalized care? Friedman argues for medical savings accounts.

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April 30, 1996

The California Civil Rights Initiative

ABC News correspondent and Hoover media fellow Bob Zelnick examines the issues at stake and the personalities involved.What does Ward Connerly think of Willie Brown? Read on.

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April 30, 1996

The Case for Colorblind Justice

Affirmative action was supposed to be a temporary measure limited to blacks. It was soon made permanent and extended to Hispanics, women, and others. Editor in Chief of Forbes MediaCritic magazine and former Hoover media fellow Terry Eastland argues for ending affirmative action once and for all.

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April 30, 1996

Is This the Year?

Hoover fellow Thomas Sowell surveys challenges to affirmative action now taking place throughout the country. "Neither in courts of law nor in the political process can affirmative action stand on its merits."

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April 30, 1996

Cover Charge

Current immigration policy establishes annual quotas for countries of origin--just so many French each year, just so many Mexicans, just so many Nigerians. Hoover fellow Edward P. Lazear has a better idea. Sell the slots outright.

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April 30, 1996

How to Keep Nuclear Weapons out of Terrorists' Hands

Nuclear smuggling has become a grave problem. National Fellow Jessica Stern tells how to prevent a calamity.

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April 30, 1996

A Muddle Wrapped in a Mystery

Hoover fellow Robert Conquest examines the prospects for peace and prosperity in Russia. His conclusion? "Cross your fingers."

April 30, 1996

Five Months that Shook Russia

From October 1994 to February 1995, Russian militants--the "party of war"--sought to block free-market reforms and to reestablish an imperial foreign policy. They almost got away with it. Hoover fellow John B. Dunlop tells the story.

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April 30, 1996

Boris Yeltsin's Bellicose Backers

Is the United States financing the very Russians who want to start a new cold war? Hoover fellow Richard F. Staar thinks it might be.

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April 30, 1996

Fujimori Speaks

Peruvian president Alberto Fujimori almost never grants interviews to Americans. For Hoover fellow William Ratliff, he made an exception. How one man is attempting a revolution--and how his critics are responding.

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April 30, 1996

Why Some Latin Countries Prosper and Others Don't

Why do some Latin countries grow more quickly than others? Argentina, for example, more quickly than Venezuela? Hoover fellow David R. Henderson suggests a one-word answer. Freedom.

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April 30, 1996

The NonThreat of North Korea

North Korea represents one of the last Stalinist nations on earth--a powerful military, a poor populace, and rulers who can appear deranged. Will North Korea attack South Korea, as it did in 1950? Relax, says Hoover fellow Robert J. Myers.

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April 30, 1996

The Right Kind of Corruption

Payoffs and slush funds may be rampant in Asian countries such as South Korea and Taiwan, but they don't seem to have interfered with economic growth. Hoover fellow Hilton L. Root explains why.

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April 30, 1996

Nobody Here But Us Liberals

Think America is a conservative country? Think again. Hoover fellow Seymour Martin Lipset explains that there are no true conservatives here--or, for that matter, any true socialists either--just different shades of classical liberals.

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April 30, 1996

How Little England Beat Big France

Authoritarian states hold an advantage over democratic ones because they can act quickly and decisively, right? Wrong. Hoover fellow Barry R. Weingast and his coauthor, Kenneth A. Schultz, argue that every time an authoritarian state and a liberal state get into a protracted fight, the liberal state wins. Here Weingast and Schultz examine the century and a quarter of conflict between England and France during the seventeenth and eighteenth centuries.

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April 30, 1996

Rose and Milton Friedman: Our Early Years

"If you don't want to be forgotten," Benjamin Franklin wrote in Poor Richard's Almanac, "do something worth the writing, or write something worth the reading." Rose and Milton Friedman decided to do both, leading extraordinary lives, then composing their memoirs, on which they are now working. Here they pause from the hard labor of writing to talk with Hoover fellow Peter Robinson about their early years.

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April 30, 1996

Shelby Steele: The Content of His Character

Hoover fellow Shelby Steele talks about his opposition to affirmative action, his upbringing, and his hopes for black Americans. An interview with Hoover fellow Peter Robinson.

April 30, 1996

I Voted for Bobby Kennedy

In this wry account, Hoover fellow Robert J. Barro describes his journey from modern liberal to classical liberal. The confessions of a free-market economist

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April 30, 1996

An Outside-the-Box Economist

Nobel Prize–winner and Hoover fellow Gary S. Becker has spent a career applying the discipline of economics to noneconomic problems, such as drug addiction and family formation. A glimpse of one of the profession's most intriguing thinkers. By Claire Mencke.

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April 30, 1996

The Economics of Ideas

Only forty, Hoover fellow Paul M. Romer has already stood a great deal of economic theory on its head. A profile of Romer and his work. By Kevin Kelly.

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April 30, 1996

Eyewitness to a Cataclysm

Frank Golder--professor of Russian history and the first curator of the Hoover War Collection--founded the extraordinary Slavic collection now housed in the Hoover archives. Golder visited Russia repeatedly during the first three decades of the century, witnessing Russia's entry into the Great War, the Revolution, the early workings of Lenin's government, and the changes in Soviet society after Lenin's death. Herewith excerpts from Golder's historic diary and letters, selected by Acting Archivist Elena S. Danielson.

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April 30, 1996

A comprehensive listing

A comprehensive listing of recent writings of Hoover fellows and publications from the Hoover Press.

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