Opponents argued that the North American Free Trade Agreement, or NAFTA, would start a "race to the bottom," forcing the United States to lower its environmental standards to equal those in Mexico and forcing Canada to lower its welfare payments to equal those in the United States. Four years later, Hoover fellow Melvyn Krauss notes that neither race ever got started.
Reformers such as Senators McCain and Feingold want to impose new limits on the amounts of money political campaigns are allowed to raise and spend. Hoover fellow Annelise Anderson agrees that the current system is a mess—but she proposes precisely the opposite solution.
The education lobby argues that, if we flood public schools with money, the performance of our students will improve. Will it? Hoover media fellow Peter Brimelow looks at the evidence—and discovers that the educators have their math wrong.
When President Nixon announced a war on drugs in 1972, Nobel laureate and Hoover fellow Milton Friedman attacked the program as immoral and counterproductive. Twenty-five years later, Friedman is more convinced than ever.
The recent settlement between Florida and the tobacco companies amounts to an excise tax on smokers in all fifty states. Anyone for taxation without representation? By Hoover national fellow Daniel P. Kessler and former Hoover national fellow Jeremy Bulow.
Ever heard of an H-1B visa? You would have if you worked in high tech. Hoover fellow Nicholas Imparato joins Joseph B. Costello and Lance Director Nagel in arguing that the computer industry needs immigrants—lots of them.
Hoover fellow Thomas Sowell notes that the central assumption on which the entire debate over global warming is based—that the globe is growing warmer as a result of human activity—is utterly unproved.
When Hoover fellow Thomas Gale Moore flew to Kyoto, Japan, last winter for the United Nations Convention on Climate Change, he took along a healthy dose of skepticism about environmental activists. He also took along his sense of humor.
The antitrust division of the Department of Justice consists of a few thousand lawyer s. The market for computer software consists of tens of millions of consumers. Which do you think is better equipped to discipline Microsoft? Nobel laureate and Hoover fellow Gary S. Becker on why the feds should back off.
The high-tech revolution is giving us a permanently higher rate of economic growth while muting business downturns. Hoover fellow David R. Henderson on why even the bad economic news isn't as bad as it used to be.
NATO achieved its first mission—preventing attack from the communist East. Now it must take up its larger mission—ensuring a stable and secure demo-cratic Europe. By Hoover fellow and former Secretary of Defense William J. Perry and former Secretary of State Warren Christopher.
The International Monetary Fund has pledged to help bail out the economies of Southeast Asia—thereby making matters worse. Why the IMF is "ineffective, unnecessary, and obsolete." By Hoover fellow, former U.S. secretary of state, and former U.S. secretary of the treasury George P. Shultz; Hoover overseer and former U.S. secretary of the treasury William E. Simon; and former Citicorp chairman Walter B. Wriston.
Those who championed the so-called Asian development model thought bureaucrats could make better economic decisions than the marketplace. They were . . . mistaken. Hoover fellow Charles Wolf Jr. explains what went wrong and how to fix it.
The tale of Southeast Asia has been one of unremitting economic success—until now. Hoover fellow and former Chairman of the president's Council of Economic Advisers Michael J. Boskin on what went wrong and what it means for the United States.
Despite China's stunning economic transformation, American critics still attack Beijing for denying its people democratic rights. Hoover media fellow Tom Bethell says calm down. Democracy is more a response to prosperity than a cause of it.
Its economy thriving, its military growing, will China embark on an expansionist foreign policy? Hoover fellows Thomas A. Metzger and Ramon H. Myers argue that the Chinese are far too realistic for that—and have been for more than a thousand years.
Western analysts portray the Russian government as a virtual dictatorship. Hoover fellow Michael A. McFaul dissents. It would be an odd dictatorship, he argues, that found itself thwarted by a legislature or pushed around by a free press.
Despite almost half a century of peace, prosperity, and democracy—and despite the reunification of Germany itself—older Germans are gloomy about the nation's future. Younger Germans aren't. By Hoover fellow Dennis L. Bark.
In one of the more astonishing encounters of the post–Cold War era, the unrepentantly communist Fidel Castro invited the immovably anticommunist John Paul II to Cuba. Did the pope's visit have any effect? Hoover fellow William Ratliff offers an assessment.
The members of Generation X—Americans born between 1965 and 1978—now account for a quarter of the population. In this interview with Kevin Harrington of the Stanford Review, pollster, pundit, and Hoover media fellow Kellyanne Fitzpatrick tells how Gen-Xers are changing American politics.
Admiral Yamamoto Isoroku opposed war with the United States, but once the decision was made, he did his duty, laying meticulous plans for the attack on Pearl Harbor. Hoover fellow Mark R. Peattie joins David C. Evans in describing how Yamamoto achieved a brilliant tactical success—only to set in train the events that would lead to Japanese defeat.
Boom? Bust? Inflation? Deflation? Nobel laureate and Hoover fellow Milton Friedman peers into the future, making predictions on price levels in the United States, stagnation in Japan, and the new currency in Europe. A freewheeling discussion with Hoover media fellow Peter Brimelow.
While his wife sang "Don't Cry for Me, Argentina" (well, at least she sang it in the movie), Juan Perón ran the country, becoming one of the most important figures in the history of Latin America. Where is the best collection of materials on Perón? (Hint: It's not Buenos Aires.) Hoover fellow William Ratliff, the curator of the Americas Collection, provides a tour of one of Hoover's most fascinating holdings.