Whether or not the Republicans win big next week, it is already clear that the "transformative" aspirations of the Obama presidency—the special promise of this first black president to "change" us into a better society—are much less likely to materialize.
Life has been so dull since the nation’s major banks had their last existential crisis a year or so ago. Right now, it’s like watching a beloved rerun.
A year and a half ago when the Fed’s extraordinary quantitative easing (QE) was shifting from emergency liquidity programs to large scale asset purchases, we convened a conference at Stanford’s Hoover Institution to discuss the shift.
'They do give us bags of money—yes, yes, it is done, we are grateful to the Iranians for this." This is the East, and baksheesh is the way of the world, Hamid Karzai brazenly let it be known this week.
Benighted European politicians seem determined to discourage certain innovations in food technology even when the rest of the world stands as living—and eating—proof of their safety.
Returning to Britain after three months in the United States, it is nice to come back to a country where a democratically elected government, representing the majority of those who voted at the last election, can get on with doing what it has promised to do.
Advancing a Free Society is the Hoover Institution’s institutional blog. It serves as a platform for original brief analysis that clarifies and enlightens.
