At the 19th National Congress of the Chinese Communist Party (CCP) in October 2017, CCP General Secretary Xi Jinping startled international observers by claiming that “the banner of socialism with Chinese characteristics is now flying high and proud for all to see . . . blazing a new trail for other developing countries to achieve modernization. It offers a new option for other countries and nations who want to speed up their development while preserving their independence, and it offers Chinese wisdom and a Chinese approach to solving the problems facing humanity.
Former US Federal Reserve Chair Janet Yellen's forthcoming appointment to lead the Department of the Treasury is good news for advocates of rules-based monetary policymaking. Following a period of emergency measures, what the US needs now is a return to clear and predictable decision-making.
There was a first world war. Then there was a second. They were not identical. But they were sufficiently similar for no one to argue about the nomenclature. Similarly, there was Cold War I, which lasted from the late 1940s until the late 1980s. And now we are in Cold War II. This new Cold War is not the same as Cold War I. But it is sufficiently similar to deserve the name. It was George Orwell who coined the phrase “Cold War,” in a column published in the (London) Tribune on October 19, 1945, with the title “You and the Atomic Bomb.”
The Hoover Institution presents an online virtual speaker series based on the scholarly research and commentary written by Hoover fellows participating in the Human Prosperity Project on Socialism and Free-Market Capitalism. Tune in on Thursday, December 3, 2020 at 11:00 am PT.
The Hoover Institution today announced a new Senior Fellowship in Economics in honor of the late economist Edward P. Lazear, made possible by the generosity of David G. Booth.
Even though the election has ended, the controversies will not. With Michael Flynn now in the rear-view mirror, President Trump reportedly is considering issuing pardons to his children (Donald Jr., Eric, and Ivanka), his son-in-law Jared Kushner, and even Rudy Giuliani, though none have been charged with a crime. Giuliani has returned the gesture by noting that Trump technically could pardon himself too.
The rise of China has dramatically transformed the global political and economic landscape. Managing China’s rise has become the paramount US foreign policy issue. From Rabat to Riyadh, US allies (and adversaries) across the Middle East and North Africa (MENA) region have witnessed rapid growth in economic, commercial, and diplomatic ties with China. This paper follows Beijing’s trade and investment trail in the MENA region, exploring implications for diplomacy, security, and US regional policies.
Hoover Institution fellow Niall Ferguson analyses the current pandemic when compared with the historical precedents of other catastrophes. He talks about failure of many western Countries to learn lessons from those, many in Asia, who acted with coherent policies, and where the fault lines lie.
