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.

Hoover fellow David R. Henderson explains how to replace Social Security with personal retirement accounts--a step he believes would create vast new wealth for all Americans.

Hoover fellow Melvyn Krauss explains why there is nothing inherently good about running a trade surplus or inherently bad about running a trade deficit. A lovely exercise in clear thinking.

In Facing the Age Wave, four experts explain the most significant areas of concern created by the aging of the American population and offer possible solutions. From a symposium of distinguished scholars on the subject of aging in America.