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Enron Lives

by Clark S. Judgevia Hoover Digest
Saturday, April 30, 2005

The first step in fixing Social Security? Keeping honest books. By Clark S. Judge.

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The Common Sense of Social Security Reform

by Michael J. Boskinvia Hoover Digest
Saturday, April 30, 2005

The critics of Social Security reform say there’s no rush, let alone a crisis. The critics are wrong. By Michael J. Boskin.

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Our Currency, Your Problem

by Niall Fergusonvia Hoover Digest
Saturday, April 30, 2005

How long can the Chinese go on financing America’s deficit spending? The answer may be a lot longer than the dollar pessimists expect. By Niall Ferguson.

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Getting the Government Out of the Retirement Business

by Gary S. Beckervia Hoover Digest
Saturday, April 30, 2005

The real reasons to privatize Social Security. By Gary S. Becker.

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A Citizen’s Right to Income

by David R. Hendersonvia Hoover Digest
Saturday, April 30, 2005

How not to fix Social Security. By David R. Henderson.

The Provinces

The Rise of China's Yuppie Corps: Top CEOs to Watch

by Cheng Livia China Leadership Monitor
Saturday, April 30, 2005

The remarkable development of China's economy has been matched by the rapid rise of China's entrepreneurs. A group of young, well-educated, urban economic elites—China's "yuppie corps"—has recently emerged and taken the spotlight. Focusing on the CEOs of China's 100 leading enterprises, this article assesses the demographic characteristics, professional backgrounds, and career experiences of China's most prominent business leaders. Their relatively young age and the growing importance of their enterprises indicate that the most promising executives in China's flagship firms may broaden the way in which future political leaders are chosen. The rise of the yuppie corps in the business leadership of the People's Republic of China also suggests that Chinese firms in various industrial sectors may become even more competitive in the world market in the years to come.

The Folly of Sarbanes-Oxley

by Scott S. Powellvia Hoover Digest
Saturday, April 30, 2005

The Sarbanes-Oxley Act? “The worst affliction visited on public companies in the last 70 years.” By Scott S. Powell.

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Analysis and Commentary

China vs. Russia: Wealth Creation vs. Poverty Reduction

by Michael S. Bernstam, Alvin Rabushkavia russianeconomy.org
Monday, April 25, 2005

The 2005 press release of the World Trade Organization (WTO) highlights the new role China is playing in the world.

Figure 1. China: Non-performing loans, 2001-2004

China's Economic Policy is Systemic

by Michael S. Bernstam, Alvin Rabushka
Thursday, February 24, 2005

A terse announcement in China Daily on February 24, 2005, deserves a brief note.

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Reforming Health Care

by Daniel P. Kesslervia Hoover Digest
Sunday, January 30, 2005

The U.S. health care system is in critical condition. How the president can revive it. By Daniel P. Kessler.

Pages

Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple