Charles Wolf Jr.

Senior Research Fellow

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

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Don’t Worry about the Yuan

by Charles Wolf Jr.via Hoover Digest
Wednesday, April 16, 2008

A crude attempt to “realign” China’s currency would do more harm than good. By Charles Wolf Jr.

Analysis and Commentary

Our Misplaced Yuan Worries

by Charles Wolf Jr.via Wall Street Journal
Saturday, December 15, 2007

It's conventional wisdom that bipartisanship results in improved public policy...

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Swapping Labels

by Charles Wolf Jr.via Hoover Digest
Tuesday, June 19, 2007

In much of the world, conservatives clamor for subsidies while liberals fight big government. In the United States, it’s the other way around. Here’s why. By Charles Wolf Jr..

Analysis and Commentary

A mighty country's progress and regress

by Charles Wolf Jr.via Project Syndicate
Thursday, January 4, 2007

Fifteen years after the Soviet Union collapsed and split apart, Russia still fits Winston Churchill's characterisation of Stalin's USSR nearly seven decades ago: a riddle wrapped in a mystery inside an enigma...

Analysis and Commentary

Tokyo's Leverage Over Pyongyang

by Charles Wolf Jr.via Wall Street Journal
Tuesday, November 21, 2006

North Korea dominated the agenda at last week's Asia-Pacific Economic Cooperation meeting in Hanoi, as new rounds of negotiations with Pyongyang loomed...

The Wages of Complacency

by Charles Wolf Jr.via Hoover Digest
Sunday, July 30, 2006

Why Japan appears content with stagnation. By Hoover fellow Charles Wolf Jr.

Shareholders Don’t Shoot Each Other

by Charles Wolf Jr.via Hoover Digest
Monday, January 30, 2006

Iraq will not be peaceful, prosperous, and democratic until all Iraqis—including Sunnis—believe they have a stake in the new order. Let’s start by giving them ownership shares in Iraq’s oil reserves. By Charles Wolf Jr.

Public Diplomacy: Lessons from King and Mandela

by Brian Rosen, Charles Wolf Jr.via Policy Review
Saturday, October 1, 2005

Restoring America’s image around the world

How Long?

by Charles Wolf Jr.via Hoover Digest
Saturday, July 30, 2005

When will the regime of Kim Jong Il finally collapse? By Charles Wolf Jr.

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How to Disarm North Korea

by Charles Wolf Jr.via Hoover Digest
Saturday, April 30, 2005

To persuade North Korea to abandon its nuclear ambitions, the United States must collaborate with China, South Korea, Japan, and Russia. By Charles Wolf Jr.