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Miracle on I-35

via Policy Review
Saturday, November 1, 1997

Think free trade is hollowing out the economy? Take a look at Kansas City, one of the nation's newest trading powerhouses

Job Woes in Europe? Don't Blame High Tech

by Gary S. Beckervia Hoover Digest
Thursday, October 30, 1997

In the face of high, chronic unemployment, European politicians are blaming high technology for stealing jobs. Nobel Prize–winner and Hoover fellow Gary S. Becker argues that, instead, they should blame the big governments they built.

Why a Crash Wouldn't Cripple the Economy

by Gary S. Beckervia Hoover Digest
Thursday, October 30, 1997

Now that human capital has become the most important form of wealth in America, even a very serious stock market correction would have only a relatively minor effect on employment, output, and wages. Alan Greenspan, lighten up. By Nobel Prize–winner and Hoover fellow Gary S. Becker.

What Latin America Owes to the "Chicago Boys"

by Gary S. Beckervia Hoover Digest
Thursday, October 30, 1997

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.

Two Deficits That Just Don't Matter

by Charles Wolf Jr., Walter B. Wristonvia Hoover Digest
Thursday, October 30, 1997

Day in and day out, politicians and the press harp on the trade deficit and the federal deficit. Hoover fellow Charles Wolf Jr. and former Citicorp chairman Walter Wriston explain why they should save their breath.

Robin Hood Lives in Texas

by Robert J. Barrovia Hoover Digest
Thursday, October 30, 1997

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.

State Department Goes Green

by Henry I. Millervia Hoover Digest
Thursday, October 30, 1997

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.

When Business Don't Get No Respect

by Tibor R. Machanvia Hoover Digest
Thursday, October 30, 1997

Now that communism has fallen, why hasn't Eastern Europe embraced capitalism more wholeheartedly? Hoover fellow Tibor R. Machan explains.

Keeping Savers from Saving

Keeping Savers from Saving

by David A. Wise, John Shovenvia Hoover Digest
Thursday, October 30, 1997

Beginning in the 1980s, the government began introducing individual retirement accounts and 401(k) programs--widely heralded moves. Since then, in widely unheralded moves, the government has imposed new, all but confiscatory taxes on the saving these programs have encouraged. An analysis by Stanford dean John B. Shoven and Hoover fellow David A. Wise.

Kenneth Arrow

Rich Man, Poor Man

by Kenneth Arrow, Kenneth L. Judd, Peter M. Robinsonvia Hoover Digest
Thursday, October 30, 1997

The difference between the income of rich and poor in the United States is growing--and growing dramatically. In talking recently with Hoover fellow Peter Robinson, two experts, Stanford professor and Nobel Prize–winner Kenneth Arrow and Hoover fellow Kenneth L. Judd, agreed about the reasons but disagreed about whether anything should--or could--be done.

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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