Federal entitlement programs are strewn throughout the pages of U.S. history, springing from the noble purpose of assisting people who are destitute through no fault of their own. Yet as federal entitlement programs have grown, so too have their inefficiency and their cost. Neither tax revenues nor revenues generated by the national economy have been able to keep pace with their rising growth, bringing the national debt to a record peacetime level.
In this book, Robert Leeson and Charles Palm have assembled an amazing collection of Milton Friedman's best works on freedom. Even more amazing is that the selection represents only 1 percent of the 1,500 works by Friedman that Leeson and Palm have put online in a user-friendly format—and an even smaller percentage if you include their archive of Friedman's audio and television recordings, correspondence, and other writings.
Jeremy Carl and David Fedor discuss American nuclear power plant closures in light of major economic and policy challenges. They show how cheap natural gas, electricity market flaws, and a failure to capture the public imagination threaten America’s near- and long-term nuclear viability.
In Russia and Its Islamic World, Robert Service discusses Russia’s long and difficult relationship with Islam, within its borders and across the world, from the thirteenth century to the present. He maps Russia’s complex and sometimes contradictory interactions with its Muslims, nearby Muslim states, and the Middle East, exploring centuries of Russian territorial expansion and occupation, Muslim jihad, the Soviet assault on Islam, the fall of the Soviet Union, and Russia’s current bid to reestablish itself as a world power.
New challenges, new realities: Israel’s national security strategy In Israel Facing a New Middle East, Itamar Rabinovich and Itai Brun discuss the evolution of Israel's national security, military doctrine, and policies in light of today's challenges and changes in the Middle East. With an emphasis on two key periods—the years 1979 to 1982 (and their subsequent impact) and the current Middle Eastern turmoil—they review national security strategy, the cabinet level’s national security policy, and the Israel Defense Forces’ (IDF) military strategy.
The end of war? History tells us not likely. Throughout the world today are obvious trouble spots that have the potential to explode into serious conflicts at any time in the immediate or distant future. This study examines what history suggests about the future possibilities and characteristics of war and the place that thinking about conflict deserves in forming American strategy in the coming decades. The author offers a historical perspective to show that armed conflict among organized political groups has been mankind’s constant companion and that America must remain prepared to use its military power to deal with an unstable, uncertain, and fractious world.
Post-2008 financial regulatory changes largely have been a failure. They have produced high compliance costs, while constructing regulatory mechanisms that are unlikely to achieve their intended objectives. Furthermore, financial regulation increasingly has adopted processes that are inconsistent with adherence to the rule of law, which not only threaten the fundamental norms on which are democracy is founded, but also undermine the effectiveness of regulation.
From the end of the Cold War and the collapse of the Soviet Union to the ongoing struggle for human rights in the Middle East, Condoleezza Rice has served on the front lines of history. As a child, she was an eyewitness to a third awakening of freedom, when her hometown of Birmingham, Alabama, became the epicenter of the civil rights movement for black Americans.
The perceived negative consequences of spillovers from the actions of central banks around the world have led to increasing calls for international monetary policy coordination. Rules for International Monetary Stability reports on the results of a Hoover Institution conference that brought together academics, financial experts, and policy makers to focus on the need for a classic rules-based reform of the international monetary system.
The depth of Hoover’s scholarship is reflected in the numerous books published by our fellows on a broad variety of topics and issues. This timely and prodigious output offers insight on the most pressing issues in public policy.