Economists educated at the University of Chicago have for some two decades been putting free market reforms into effect in Chile, Argentina, and other Latin American countries. One of their teachers, Nobel Prize–winner and Hoover fellow Gary S. Becker, examines the results. What does he find? Dictatorships that have been turned into democracies and economic stagnation that has been transformed into growth.
Last spring, Governor Bush proposed a hike in the state sales tax to fund Texas schools. Hoover fellow Robert J. Barro explains what the governor was up to, why the financing of Texas schools is such a mess, and how the problem really ought to be solved.
American soldiers being sent overseas to combat . . . noxious emissions? According to a new State Department document, the notion isn't as far fetched as it sounds. Hoover fellow Henry I. Miller, M.D., examines the latest wrinkle in the administration's foreign policy.
Although you wouldn't know it from reading the Western press, says Hoover fellow Ramon H. Myers, dramatic economic reforms in China are still under way--and the future of Asia depends on their success.
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.
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.