Charles Wolf Jr.

Senior Research Fellow
Biography: 

Charles Wolf Jr. passed away on October 24, 2016.

Charles Wolf Jr. was a senior research fellow at the Hoover Institution. He was also the chair in international economics at the RAND Corporation, and a professor of policy analysis at the Pardee RAND Graduate School.

He was an expert in international economic policy, relationships between economic issues and foreign and defense policy, particularly in Asia and Europe, and international risk assessment.

His recent research focused on long-term economic and military trends in Asia and Europe, as well as on the economies of China, Japan, and Korea. His latest research included estimating the costs of Korean reunification and how to limit them, and a separate study of the Russian economy and its prospects.

He wrote more than 250 articles and more than a dozen books on economics, defense, and international affairs. Among the latter are Looking Backward and Forward: Policy Issues in the Twenty-first Century (Hoover Institution Press, 2008), Linking Economic Policy and Foreign Policy (Transaction, 1991), Markets or Governments: Choosing between Imperfect Alternatives, 2d ed. (MIT Press, 1993), The Economic Pivot in a Political Context (Transaction, 1997), Economic Openness: Many Facets, Many Metrics (Rand, 1999), Straddling Economics and Politics: Cross-Cutting Issues in Asia, the United States and the Global Economy (Rand, 2002), Fault Lines in China's Economic Terrain (co-authored) (RAND 2003), and North Korean Paradoxes (2005).

Wolf was published frequently in national newspapers including the Wall Street Journal, Los Angeles Times, and the Asian Wall Street Journal and is a director of several large mutual funds.

He was a member of the advisory board of the Center for International Business and Economic Research at UCLA's Anderson Graduate School of Business. He was also a member of the editorial boards of the Korean Journal of Defense Analysis, Society, and the Independent Review and a member of the American Economic Association, the Econometric Society, the Council on Foreign Relations, and the International Institute for Strategic Studies in London.

Wolf served with the Department of State, the Economic Cooperation Administration, and the Foreign Operations Administration. He was dean of the RAND Graduate School from 1970 to 1997, and chairman of Rand's Economics Department from 1967 to 1982.

He taught at Cornell, the University of California at Berkeley, and UCLA. In 1976 he was a visiting fellow at Nuffield College, Oxford.

Wolf received BS and PhD degrees in economics from Harvard University, where he was a member of Phi Beta Kappa.

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Recent Commentary

Economists at War

by Charles Wolf Jr.via Policy Review
Monday, August 1, 2011

Charles Wolf, Jr on Keep From All Thoughtful Men: How U.S. Economists Won World War II by Jim Lacey.

Analysis and Commentary

The Facts About American 'Decline'

by Charles Wolf Jr.via Wall Street Journal
Wednesday, April 13, 2011

In absolute terms, the U.S. increased its GDP, population and military spending from 2000 to 2010. In relative terms, the story is not always as good, especially in GDP...

The Facts About American ‘Decline’

by Charles Wolf Jr.via Advancing a Free Society
Wednesday, April 13, 2011

It's fashionable among academics and pundits to proclaim that the U.S. is in decline and no longer No. 1 in the world. The declinists say they are realists. In fact, their alarm is unrealistic.

A Smarter Approach to the Yuan

by Charles Wolf Jr.via Advancing a Free Society
Monday, April 4, 2011

The best law schools and public policy graduate schools inculcate in their students an ability to make the strongest possible case in favor of a position or policy with which they disagree.

A Smarter Approach to the Yuan

by Charles Wolf Jr.via Policy Review
Friday, April 1, 2011

Avoid the rush to rebalance

In the News

A Smarter Approach to the Yuan

by Charles Wolf Jr.via Policy Review
Friday, April 1, 2011

Avoid the rush to rebalance...

China’s Next Buying Spree: Foreign Companies

by Charles Wolf Jr.via Advancing a Free Society
Monday, January 24, 2011

From 2007 through the first half of this year, Chinese buyers—state, private and in between—acquired 400 companies located outside of the country.

Analysis and Commentary

China's Next Buying Spree: Foreign Companies

by Charles Wolf Jr.via Wall Street Journal
Monday, January 24, 2011

Beijing wants to diversify out of U.S. debt and it will have plenty of cash to make acquisitions...

Analysis and Commentary

Asia's Nonproliferation Laggards

by Charles Wolf Jr.via Wall Street Journal Asia
Monday, February 9, 2009

The proliferation of weapons of mass destruction ranks as one of the biggest challenges facing the Obama administration...

Looking Backward and Forward, by Charles Wolf Jr.
Books

Looking Backward and Forward: Policy Issues in the Twenty-first Century

by Charles Wolf Jr.via Hoover Institution Press
Tuesday, June 10, 2008

This collection of twenty-five essays written over the past five years by international economic policy expert Charles Wolf Jr. covers a range of worldwide economic, political, security, and diplomatic issues. Wolf looks at the challenges facing the United States at home and around the globe including critical issues regarding China, Japan, Korea, Russia, Iraq, and other key locales. These essays—many of which originally appeared in such respected publications as the Wall Street Journal, the Los Angeles Times, and the International Herald Tribune, among others—reflect the pattern of policy issues to expect in the twenty-first century: a variety and complexity of themes that spill over the standard boundaries of political, economic, and military affairs.

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