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Putting Money in a Safe Place—Our Pockets

by John F. Coganvia Hoover Digest
Saturday, April 30, 2005

Why personal retirement accounts represent “an essential ingredient in any plan to fix Social Security’s financial problem.” By John F. Cogan.

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Labour’s Labor Problem

by Gerald A. Dorfmanvia Hoover Digest
Saturday, April 30, 2005

Why Tony Blair’s Labour Party has kept the labor movement at arm’s length. By Gerald A. Dorfman.

Figure 1
Analysis and Commentary

China vs. Russia: Wealth Creation vs. Poverty Reduction

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

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

PAY IT FORWARD: Social Security Reform

with John F. Cogan, Alan Auerbachvia Uncommon Knowledge
Friday, April 15, 2005

In making Social Security reform a top priority of his second term, President George W. Bush has emphasized two points: first, that, without changes, our Social Security system will be bankrupt by 2042 and, second, that a key element of reform must be creating private accounts to allow workers to invest a portion of their payroll taxes in stocks and bonds. Is the president right on both counts? Peter Robinson speaks with John Cogan and Alan Auerbach.

Analysis and Commentary

A Competitive Flat Tax May Spread to Lithuania

by Alvin Rabushkavia
Thursday, March 24, 2005

On March 24, 2005, United Press International reported that Lithuanian Prime Minister Algirdas Brazaukas stated his government's intention to phase in a flat-rate income tax of 24% by 2008.

Analysis and Commentary

The Flat Tax May Spread to Poland Sooner than Expected

by Alvin Rabushkavia
Thursday, March 17, 2005

The Telegraph of the United Kingdom reported on March 16, 2005, that the ruling center-left Polish government plans to enact a flat tax, joining the flat-tax revolution spreading throughout Central and Eastern Europe.

Analysis and Commentary

A Citizen's Right to Income

by David R. Hendersonvia Hoover Daily Report
Wednesday, March 16, 2005

A tax increase on people who already get a lousy deal from Social Security is wrong.

Analysis and Commentary

The Burden of Law

by Diane Ravitchvia Hoover Daily Report
Wednesday, March 2, 2005

schools today are being strangled by a ton of laws, regulations, contracts, mandates, and rules.


with David Davenport, Alan Morrisonvia Uncommon Knowledge
Friday, February 25, 2005

During the 2004 presidential campaign, one principal plank of George W. Bush's domestic platform was reforming tort law, which includes class action lawsuits, asbestos liability, and medical malpractice liability. President Bush believes that tort law as it now stands permits trial lawyers to take advantage of good companies, driving up the costs of doing business for everyone. Others believe that existing tort law allows consumers to protect themselves against bad companies. Which is it? And should President Bush be given the tort reforms he wants? Peter Robinson speaks with David Davenport and Alan Morrison.

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.


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