Every so often it’s worth pausing to reflect on just how good capitalism has been to us. Hoover fellow David R. Henderson compares average Americans with medieval kings—and concludes that the kings were paupers.
The conventional wisdom regarding Social Security is based on a fundamental misunderstanding of how the system does—and does not—work. Nobel laureate and Hoover fellow Milton Friedman explains why it is time to end Social Security as we know it.
Hoover fellow Alvin Rabushka offers a tax reform proposal that would save the Social Security system, make the tax system flat and fair, and give taxpayers the opportunity to increase their retirement savings. Not bad for eight hundred words.
Is the recent wave of corporate megamergers cause for alarm? On the contrary, argues Hoover fellow David W. Brady. The new corporate giants are incorporating the best management techniques from around the world. Bigger isn’t better. Better is better.
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.