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Lee R. Thomas

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The Right Way, the Wrong Way, and the Dutch Way

by Melvyn B. Krauss, Lee R. Thomasvia Hoover Digest
Tuesday, January 30, 2001

While most nations in Europe are struggling with sluggish economic growth and high unemployment rates, the Netherlands is booming. Hoover fellow Melvyn Krauss and Lee R. Thomas explain what the rest of Europe can learn from “the Dutch way.”

Japan and the Demand-Side Lie

by Melvyn B. Krauss, Lee R. Thomasvia Hoover Digest
Sunday, July 30, 2000

In an effort to revive its economy, the Japanese government went on a 10-year spending spree, devoting vast sums to unneeded public works. The result? The Japanese economy continues to languish. Hoover fellow Melvyn Krauss and Lee R. Thomas offer a genuine solution to the Japanese problem.