Thursday, January 22, 2009

2009 No. 1

Sell Freddie Mac and Fannie Mae

The Free Market’s Trial by Fire

by Gary S. Beckervia Hoover Digest
Thursday, January 22, 2009

What happens in the coming year will shape how the world regards competitiveness, privatization, and international free trade and markets. By Gary S. Becker.

George P. Shultz addresses the Working Group on Global Markets at the Hoover Institution

An Ounce of Prevention . . .

by George P. Shultzvia Hoover Digest
Thursday, January 22, 2009

When their own equity is at stake, people act more responsibly. By George P. Shultz.

What to Do about Foreclosures?

by Todd Zywickivia Hoover Digest
Thursday, January 22, 2009

Sooner or later, people who bought homes they cannot afford will simply have to make other living arrangements. By Todd J. Zywicki.

Both Bill Clinton and George W. Bush, abetted by Congress, pushed loans to low-income, high-risk borrowers.

The House That Government Built

by Russell Robertsvia Hoover Digest
Thursday, January 22, 2009

Politicians who demanded more “affordable” mortgages may not have created the bubble entirely on their own, but they sure helped. By Russell Roberts.

Riding Out the Perfect Storm

by Michael J. Boskinvia Hoover Digest
Thursday, January 22, 2009

Too much regulatory bluster would only keep the economy from righting itself. Advice for the new president? Steady at the helm. By Michael J. Boskin.

Mortgages, credit markets, stimulus—the new administration has a full plate.

No Time to Waste

by Michael Spencevia Hoover Digest
Thursday, January 22, 2009

Mortgages, credit markets, stimulus—the new administration has a full plate. And after the crisis ends, we’ll need to figure out how to prevent another. By A. Michael Spence.

A is for African-Americans, who were the great presence, and absence, of the Obama campaign. A political alphabet by Tunku Varadarajan.

So Long, W—Hello, O

by Tunku Varadarajanvia Hoover Digest
Thursday, January 22, 2009

A is for African-American, Z is for zeitgeist . . . and U is for the big unknown. A political alphabet. By Tunku Varadarajan.

Obama Unbound

by Shelby Steelevia Hoover Digest
Thursday, January 22, 2009

Looking for a revolutionary, finding yet another bargainer. By Shelby Steele.

Rebuilding the Republican Brand

by Bill Whalenvia Hoover Digest
Thursday, January 22, 2009

What does the GOP need more: a new standard-bearer, or new standards? By Bill Whalen.

Europeans loved Barack Obama as a candidate. But what will they make of him as chief executive? By Timothy Garton Ash.

Continental Honeymoon

by Timothy Garton Ashvia Hoover Digest
Thursday, January 22, 2009

Europeans loved Barack Obama as a candidate. But what will they make of him as chief executive? By Timothy Garton Ash.

Faith, Hope, and Charities

by David Davenportvia Hoover Digest
Thursday, January 22, 2009

Partnerships with religious groups may have been dismissed as a stepchild of the Bush administration, but they appear to have a bright future all the same. By David Davenport.

A Threat in Any Language

by Joshua Teitelbaumvia Hoover Digest
Thursday, January 22, 2009

The leader of Iran wants to “wipe Israel off the map.” Was he misquoted? Not by a long shot. By Joshua Teitelbaum.

Negotiate with Iran?

by Fouad Ajamivia Hoover Digest
Thursday, January 22, 2009

Good faith is not in Tehran’s vocabulary. By Fouad Ajami.

Instead of peace, tranquility, and ubiquitous brotherhood after the Berlin Wall tumbled, the world pitched into turbulence.

American Power: Past Is Prologue

by Thomas H. Henriksenvia Hoover Digest
Thursday, January 22, 2009

Memo to the new leadership: don’t just charge ahead, think ahead. By Thomas H. Henriksen.

Should the United States stamp out threats abroad even when other nations refuse to act? By Abraham D. Sofaer

Unto the Breach

by Abraham D. Sofaervia Hoover Digest
Thursday, January 22, 2009

Should the United States stamp out threats abroad even when other nations refuse to act? By Abraham D. Sofaer.

Can We Win?

by Daniel Pipesvia Hoover Digest
Thursday, January 22, 2009

Yes, but only in a particular way. We need to achieve a “sufficient victory. By Daniel Pipes.

Greener Than Thou

by Terry Anderson, Laura E. Hugginsvia Hoover Digest
Thursday, January 22, 2009

Plucking a few facts out of the bin of recycled slogans. By Terry L. Anderson and Laura E. Huggins.

How do you run a bailout?

How Do You Run a Bailout?

by Richard A. Epsteinvia Hoover Digest
Thursday, January 22, 2009

By keeping some troubled paper, dumping some lousy mortgages, and taking a vow of political fortitude. That’s how. By Richard A. Epstein.

The Bush administration always insisted that encouraging democracy abroad was critical for international security.

Where Hard Power Meets Soft

by Amichai Magenvia Hoover Digest
Thursday, January 22, 2009

The Bush administration always insisted that encouraging democracy abroad was critical for international security. Europeans—surprise!—now agree. By Amichai Magen.

Common Ground in the Caucasus

by Henry A. Kissinger, George P. Shultzvia Hoover Digest
Thursday, January 22, 2009

Why the United States, Europe, and Russia must not permit the conflict in Georgia to blind them to their shared interests. By Henry A. Kissinger and George P. Shultz.

The Putin Doctrine

by Josef Joffevia Hoover Digest
Thursday, January 22, 2009

“Russia has only two reliable allies—its army and navy.” Invading Georgia, Russia reverted to form. By Josef Joffe.

Georgia Didn’t Pick That Fight

by John B. Dunlopvia Hoover Digest
Thursday, January 22, 2009

Russia had positioned tanks and troops for an invasion long before it was “provoked.” By John B. Dunlop.

Bush’s Quiet Successes

by Mvemba Phezo Dizolelevia Hoover Digest
Thursday, January 22, 2009

The outgoing administration’s unheralded accomplishments in Africa. By Mvemba Phezo Dizolele.

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The Brown Rebound

by Gerald A. Dorfmanvia Hoover Digest
Thursday, January 22, 2009

How the financial collapse reversed—at least for a while—a political collapse. By Gerald A. Dorfman.

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Optimism, Patience . . . Can This Be Cyprus?

by Kareem Yasin, Norman M. Naimarkvia Hoover Digest
Thursday, January 22, 2009

Cypriots have high hopes for a fresh effort to heal their divided island. Solving their ethnic and religious conflicts would set a remarkable example for the world. By Kareem Yasin and Norman M. Naimark.

Burdens of Identity

by Thomas Sowellvia Hoover Digest
Thursday, January 22, 2009

What it is and why there’s too much of it. By Thomas Sowell.

The Merciless Teacher

by Bill Steigerwaldvia Hoover Digest
Thursday, January 22, 2009

Why the study of war is so fascinating—and so necessary. An interview with historian and Hoover senior fellow Victor Davis Hanson. By Bill Steigerwald.

Aleksandr Solzhenitsyn

Patriot, Poet, and Prophet

by Robert Conquestvia Hoover Digest
Wednesday, January 21, 2009

Aleksandr Solzhenitsyn, a man whose flaws and virtues alike were heroic, was a true Russian. By Robert Conquest.

cartoon depicting the Soviet military budget as a shell game

A No-Longer-Useful Lie

by Mark Harrisonvia Hoover Digest
Wednesday, January 21, 2009

In its waning years, Gorbachev’s Kremlin resolved to come clean about an old and jealously guarded secret. By Mark Harrison.

Building the First White House, by N. C. Wyeth.

The Case of the Missing White House

by Christine B. Podmaniczkyvia Hoover Digest
Wednesday, January 21, 2009

N. C. Wyeth was one of the most famous illustrators of his day. So why can’t anyone—including the White House itself—locate the Wyeth painting on the cover of this issue of the Hoover Digest? By Christine B. Podmaniczky.

Dictators Dance, by Dutch artist Louis Raemaekers

As the Clever Hopes Expired

by Nicholas Siekierskivia Hoover Digest
Wednesday, January 21, 2009

Shattered Peace, a new Hoover exhibit, focuses on the outbreak of World War II seventy years ago. By Nicholas Siekierski.

Boleslaw Boreysza

Remembering "Bill" Boreysza

by Maciej Siekierskivia Hoover Digest
Wednesday, January 21, 2009

Warrior, Polish patriot—and remarkable Hoover librarian. An appreciation by Maciej Siekierski.