Think America is a conservative country? Think again. Hoover fellow Seymour Martin Lipset explains that there are no true conservatives here--or, for that matter, any true socialists either--just different shades of classical liberals.
The federal tax code does a good job of redistributing income and rewarding special interest groups. It does a lousy job of promoting economic growth. Vice Chairman of the Hoover Institution Board of Overseers W. Kurt Hauser explains why.
Hoover fellow Thomas Sowell surveys challenges to affirmative action now taking place throughout the country. "Neither in courts of law nor in the political process can affirmative action stand on its merits."
Hoover fellows John F. Cogan and Thomas E. MaCurdy argue that when Congress and the president hiked the minimum wage last summer, they were making a dumb mistake. The hike hurt those it was intended to help and helped those who didn't need it. And the effective minimum wage rate was already at a historic high in the first place.
We should stop tinkering with the welfare system and forget about the minimum wage. We already have a way to help the working poor: the earned income tax credit. An analysis by Nobel Prize–winner and Hoover fellow Gary S. Becker.
The main welfare initiative of the Clinton administration has been the enlargement of the earned income tax credit program. "Mr. Clinton's support," Hoover fellow Robert J. Barro argues, "is not sufficient reason to regard the program as mistaken."