Hoover’s newest Nobel Prize winner discovered a way to put actual human beings back into economic theory. By Art Rolnick.
The Foreign Service needs fresh ideas for training American envoys. By Kori N. Schake.
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.
How “captive regulators,” tamed by mortgage behemoths, added to the pain of the economic downturn. By Gary S. Becker.
Jihadist violence troubles the lands around the Arabian Sea, where sailing of any sort has rarely been smooth. By Camille Pecastaing.
ObamaCare’s vastly expensive, unfairly distributed insurance subsidies, like most tax gimmicks, will distort people’s incentive to work. By Daniel P. Kessler.
The next wave of retirees will be, on the whole, very comfortable—think of them as million-dollar baby boomers. Why should the young have to shell out for them? By John F. Cogan.
The quarter-century of economic expansion that began in the 1980s demonstrated the virtues of limited government. How quickly our politicians forget. By John B. Taylor.
Step one: honest budgeting. For the four others, read on. By Michael J. Boskin.