Working Papers
The Anatomy of Capital Returns over the Very Long Run: Germany, 1465–2025
Economics Working Paper 26128
November 6, 2026
Published June 27, 2024
The world’s first great power competition between European nations like Great Britain, Germany, Belgium, and France led to Africa’s present-day fragmentation and economies built on the exportation of raw materials. Former US Ambassador and Hoover Fellow, Jendayi Frazer, provides a rich historical context on this power competition’s lasting impact, as well as the impact of the later Cold War between the United States and the Soviet Union. Understanding the significance of these historical windows creates a clearer picture of the ongoing, present-day great power competition between the United States and China.
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Jendayi Frazer
Working Papers
Economics Working Paper 26128
November 6, 2026
Articles
Where data centers locate to fuel the growth of artificial intelligence (AI) is of burgeoning political importance with economic and environmental implications. We highlight local factors associated with siting and opposition.
November 3, 2026
Event
The Hoover Institution Economic Policy Working Group hosted “Money and Power: Historical Lessons for Stablecoins and U.S Dollar Dominance” with Michael D. Bordo, the Duncan Stewart Distinguished Visiting Fellow at the Hoover Institution.
April 23, 2026