There is nothing inevitable about the expansion of democracy. Among countries with populations above one million, there were only 11 democracies in 1900, 20 in 1920 and 29 in 1974. Only for the past quarter of a century has democracy been the world’s predominant form of government. By 1993, the number of democracies had exploded to 77—representing, for the first time in history, a majority of countries with at least one million people. By 2006, the number of democracies had ticked up to 86.
In a Wall Street Journalop-ed, “America Needs an Alternative Maximum Tax,” John Cochrane proposes a new kind of tax that caps the amount that people would pay in taxes to prevent indefinite tax-rate hikes. He asks, “How much is the most anyone should have to pay? When do taxes indisputably start to harm the economy and produce less revenue—when government takes 50% of people's income? 60%? 70%?” If there is a maximum amount that an individual pays, then once past that cap they wouldn’t pay any further federal income tax for that year.
It is widely understood that there is an infrastructure "gap" between planned and desired infrastructure; but actual investment in infrastructure is rife with challenges. This one-day symposium will aim to understand and discuss the obstacles that exist to the financing of infrastructure, and to discuss policy conclusions given these obstacles.
In a Rose Garden speech yesterday afternoon (a beautiful mid-May Thursday that is 18 months before the next presidential election), President Trump offered some lengthy remarks about the long-awaited White House proposal to modernize the legal immigration system. This morning, leading newspapers and networks are mistakenly dismissing the plan and missing two watershed changes that Trump’s Plan embodies.
While the media obsess over chimeras like the president’s obstruction of justice for nonexistent crimes, and AG Barr’s impeachment for obeying the law, a collision between the U.S. and Iran is brewing in the Middle East. The question now is whether Iran will finally face the reckoning it has invited and deserved for 42 years, or the latest crisis will peter out into U.S. saber-rattling and empty threats.
The leftward lurch of the Democratic contenders for the presidency continues. The latest idea? California Senator Kamala Harris has called for repeal of the Trump tax cuts. Not some of them. Or just the “tax cuts for the rich.” But all of them.
immy Carter may be the one to blame if President Trump goes to war with Iran, thanks to his handed-down Carter Doctrine. The 94-year old ex-president is recovering from a turkey shoot hip injury, but while he was in the White House refusing to pardon Thanksgiving turkeys, he changed the course of America’s Iran policy.
An invaluable source of information on transportation is Reason Foundation analyst Robert Poole. In his latest post, dated May 13, Bob Poole writes: The ULCCs [ultra low cost carriers] continue to grow and are among the world’s most profitable airlines.
Hoover Institution fellow Richard Epstein and John Yoo discuss the following legal controversies: what do Alabama’s new restrictions on abortion mean for the future of Roe v. Wade? What’s the proper libertarian position on compulsory vaccinations? Does Congress have a leg to stand on in its pursuit of Bill Barr? Was Harvard wrong to turn its back on a professor who’s defending Harvey Weinstein? And then, the professors finally answer the question you’ve waited years for: are bans on toplessness unconstitutional?
Hoover Institution fellow Chester Finn discusses how CTE (Career and technical education) has evolved over time, which students are taking classes, and what policy solutions can ensure that CTE is available to all.
Hoover Institution fellow Elizabeth Cobbs talks about her book The Tubman Command, and brings to life Tubman’s lesser known historical feats, while also providing readers some romance to keep them intrigued.
This session will discuss the historical sources of prosperity in the United States and will look at the drivers of prosperity over the next century. Panelists will also address the ongoing debate about the impact of artificial intelligence and robotics on standards of living and the relevant facts and data to consider.
In his new Hoover Institution Press book, Thinking About the Future, George Shultz reflects on more than half a century of public service to offer solutions to some of America’s most pressing contemporary problems.
That Americans are being bombarded by warnings of economic calamity arising from the escalating trade war with China is no accident. For decades, the nation has been sold a globalist bill of goods whereby international trade — regardless of the consequences it engendered domestically — was to be pursued with unrelenting vigor. That we’re getting cheap consumer goods from Communist thugs who wish to rule the world? For the globalists, who also see the nation-state as an anachronism, any moral component attached to “free” trade is irrelevant.
Last Friday, the White House raised the tariffs on $200 billion worth of Chinese imports up to 25 percent. On Monday, China retaliated with tariffs of its own. The trade war is now full-on — except that it’s not really about trade.
Recent nominations to join the board of governors of the US Federal Reserve have raised concerns about political threats to the independence of monetary policy-making. The Economist has explained the dangers of weakened central banks, not only in the United States but also elsewhere in the world. And economists and economic journalists have questioned the economic ideas of US President Donald Trump’s latest Fed board picks, both of whom have now withdrawn their names from consideration for the post.
President Donald Trump is wary of drawing the U.S. into a war with Iran, in part out of concern that an armed conflict with the Islamic Republic would imperil his chances at winning a second term, according to people familiar with the matter.
When the Trump administration blocked U.S. firms last year from providing critical parts to ZTE Corp., it quickly paralyzed the Chinese telecom company and threatened to force it into bankruptcy — until President Trump issued a last-minute reprieve as a favor to Chinese President Xi Jinping.
Mr. Barr appointing Mr. Durham to go out there and look at the investigation, guess what’s happening? All of these participants in the coup are beginning to accuse each other. This is so delicious. Comey’s out there smearing Rosenstein. Rosenstein smears back. Brennan and Comey are going at it over who first put the unverified dossier into the intelligence briefing. Folks, it’s like rats scurrying amidst the ship to try to get off of it. They’re all out there trying to say, “I didn’t do it; you did it.