Plenty of economists doubted that it could be done, but the Federal Reserve Board managed to cut inflation from the double-digit rates of the 1970s to the modest single-digit rates of today. Hoover fellow Michael J. Boskin explains how Paul Volcker and Alan Greenspan slew the dragon--and taught consensus opinion a lesson.
Some goings-on perhaps best described asodd have been discovered by outside observers in some black studies courses at San Francisco State University. A report on the classroom by Hoover fellow John H. Bunzel and his coauthor Anita Susan Grossman.
Grade-schoolers used to be assigned themes such as "What I Did on My Summer Vacation." Now they get themes such as "How God Messed Up." What's happening in our public schools? Hoover fellow Thomas Sowell has a name for it: brainwashing.
What once took a scribe in a monastery a year to copy can now be copied in a nanosecond--which poses a few problems for copyright law. Hoover media fellow Tom Bethell offers an easy-to-understand primer on a not-so-easy-to-understand subject.
In November 1994, California voters passed Proposition 184, the "three strikes" ballot initiative. The initiative required criminals to receive life sentences for third felony convictions. How has the law been working? According to Hoover fellow and former San Jose chief of police Joseph D. McNamara, not well at all.
Although you wouldn't know it from reading the Western press, says Hoover fellow Ramon H. Myers, dramatic economic reforms in China are still under way--and the future of Asia depends on their success.
Now that Hong Kong has reverted to the control of mainland China, Hoover media fellow Edward Neilan believes, Western correspondents will begin leaving Hong Kong to base themselves instead in Taiwan. A report from Taipei.
Before taking over Hong Kong on July 1, mainland China promised to permit Hong Kong a wide degree of autonomy.Will China keep its promises? Hoover fellow Alvin Rabushka says no—and argues that it has already begun breaking them.
Kim Jong Il was young and untried when in 1994 he succeeded his father as dictator of North Korea. Yet using bluffs, threats, and provocations, he has played the Clinton administration like an old pro. An assessment by Hoover fellow Thomas H. Henriksen.
China, Japan, India, Korea, Indonesia: In the next fifteen to twenty years, Hoover fellow Charles Wolf Jr. argues, each is destined to become a great deal richer and much more powerful. The ascent of Asia--and what it means for the United States.
In its dealings with the Mideast, Russia has dusted off a few of the old Soviet foreign policy tools, including arms shipments and outrageous anti-American propaganda. An analysis by Hoover fellow Richard F. Staar.
Former General Aleksandr Lebed is convinced that the United States wants to take over Europe, that the old USSR must be put back together, and that he himself is a man of destiny, right up there with Peter the Great. Ready for the scary part? By Russian standards, he's sane. A portrait by Hoover fellow John B. Dunlop.
Last spring, despite a robust British economy, the Conservative Party dynasty that had ruled Britain for eighteen years found itself tossed out of office. Hoover fellow Gerald A. Dorfman explains how Mrs. Thatcher's party suffered a crushing defeat--but how Mrs. Thatcher herself still won.
The passage of the North American Free Trade Agreement raised Mexican hopes. Now Mexico's own culture of corruption has dashed them. A report by Hoover fellow Paul Rich, who spends half of each year south of the border.
Hoover fellow David Wise and Dean of the School of Humanities and Sciences John Shoven recently spent an hour discussing the effects of Social Security on the aging baby boom population. Their conclusions? Without radical reforms, Social Security won't work. And without Social Security, a lot of boomers will go bust. An interview by Hoover fellow Peter Robinson.
De Tocqueville and other observers marveled at the traits that made Americans different from other peoples. Hoover fellow Alex Inkeles brings the techniques of modern sociology to bear on nine traits that still set us apart.