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Choke Hold

by Henry I. Millervia Hoover Digest
Friday, April 30, 1999

The biotech industry is choking on FDA regulations. Hoover Fellow Henry I. Miller attempts a Heimlich maneuver.

Surplus on the Surface, Trouble Underneath

by Peter Brimelowvia Hoover Digest
Friday, April 30, 1999

Beneath the budget surplus lies a grabby tax collector—and federal spending that is still going up. By Hoover media fellow Peter Brimelow.

A Continent out to Lunch

by Gary S. Beckervia Hoover Digest
Friday, April 30, 1999

Europe’s chronic unemployment is a problem of Europe’s own making. Nobel laureate and Hoover fellow Gary S. Becker explains.

Flying Friendlier Skies

by John E. Robsonvia Hoover Digest
Friday, April 30, 1999

In an earlier life, Hoover fellow John E. Robson helped to deregulate the American airline industry. The industry has flourished ever since. Yet the industry’s very success has prompted calls for reregulation, to Robson’s considerable chagrin. How deregulation worked—and why reregulation wouldn’t.

Black History Lesson

by Thomas Sowellvia Hoover Digest
Friday, April 30, 1999

Hoover fellow Thomas Sowell on a generation of policies that have done black Americans far more harm than good.

Environmental Law 101

by Richard A. Epsteinvia Hoover Digest
Friday, April 30, 1999

The best way to protect the environment? Consult common sense—and common law. By legal scholar Richard A. Epstein.

Whose Boom Is It, Anyway?

by Edward Paul Lazearvia Hoover Digest
Friday, April 30, 1999

President Clinton and Hoover fellow Edward P. Lazear agree that the president deserves credit for the current economic expansion. They just disagree about which president.

The Biggest Ponzi Scheme on Earth

by Milton Friedmanvia Hoover Digest
Friday, April 30, 1999

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.

The Best of All Possible Worlds

by David R. Hendersonvia Hoover Digest
Friday, April 30, 1999

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.

Flatten the Payroll Tax—and Change the World

by Alvin Rabushkavia Hoover Digest
Friday, April 30, 1999

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.


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