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hoover digest

Hoover Digest by topic: Economic History

April 6, 2012

Tragedy of the Commons, in Two Acts

Man with goats
Image credit: Taylor Jones

A classic parable of shared resources explains the woes besetting both the euro and U.S. debt. By Gary D. Libecap.

April 6, 2012

Scrap the Euro Now

Euro flag
Image credit: Taylor Jones

The common currency was doomed from the start. By Robert J. Barro.

April 6, 2012

Getting Back on Track

A return to first principles: economic freedom leads to economic success. By John B. Taylor.

April 6, 2012

A Lesson for Europe

America’s founders paid off the states’ debts once—but only once. That wise example could benefit Europe today. By Thomas J. Sargent.

April 6, 2012

The Picture of Health

Patients are not the same around the world, and neither are health outcomes. Let’s put U.S. health care into its proper, and superlative, light. By Scott W. Atlas.

April 6, 2012

Taiwan's Secret Ally

Retired admiral Charles M. Cooke
Image credit: Hoover Archives

In Chiang Kai-shek’s darkest hour, he turned to a retired U.S. admiral. By Hsiao-ting Lin.

April 6, 2012

Taking on the Apparatchiks

Moscow police officer detains a demonstrator
Image credit: ©Agence France-Presse/Andrey Smirnov

Russians challenge the “deeply cynical caste” that has long ruled them. By Robert Conquest.

January 23, 2012

Thomas Sargent's Rational Expectations

Thomas Sargent teaching students
Image credit: Princeton University Office of Communications/Denise Applewhite

Hoover’s newest Nobel Prize winner discovered a way to put actual human beings back into economic theory. By Art Rolnick.

January 23, 2012

Diplomats for a New Era

The Foreign Service needs fresh ideas for training American envoys. By Kori N. Schake.

January 23, 2012

Stimulus and the Great Depression

Fiscal responsiblity
Image credit: Taylor Jones

Neither the New Deal nor the war pulled the economy out of its worst crisis. What did? Wiser policies. By Lee E. Ohanian and Harold L. Cole.