The Coronavirus, Taiwan Elections, and the Trade Deal.
Why Here, Why Now? Why Did The United States Enjoy Dramatic Improvements In The Standard Of Living During The Last Century?
Hoover Institution economists John Cogan, Lee Ohanian, Terry Anderson, and George Shultz examine the causes for and the reasons behind so many improvements being made to the quality of life in the United States over the past century. They analyze the role that free markets, property rights, innovation, regulation, taxes, and national security played in these remarkable achievements.
Why shouldn’t American universities give conservative ideas their due? By Peter Berkowitz.
Behind the headlines lies an old and basic question: in the clash between Islamism and the nation-state, who will win? By Charles Hill.
According to the standard wisdom in international relations, authoritarian states hold an advantage over democratic states because they can act more quickly and decisively. Yet over the last several centuries, every extended rivalry between an authoritarian state and a liberal one has been won by the liberal state: the Dutch revolt against Spain (late sixteenth and early seventeenth centuries); the 125-year rivalry between England and France (1689-1815); the Anglo-French-American rivalry with Germany (late nineteenth through mid-twentieth century); and the American/Allied rivalry with the Soviet Union after World War II.
This paper shows why liberal democracies have a long-term advantage in international competition with authoritarian states. We argue that this reflects the greater ability of liberal states to establish credible limited government. This ability has both long-term advantages for growth and substantial short-term financial advantages during periods of intense international conflict. The financial advantages allow a liberal democracy to raise massive funds through debt, thus financing larger and longer wars. After developing the theoretical perspective, we study two cases, the 125-year rivalry between England and France and the more recent cold war between the United States and the Soviet Union.
Matt Ridley, author of The Rational Optimist, insists that we humans must face the truth about ourselves—no matter how good it might be. An interview with Peter Robinson.
A comprehensive book by Hoover senior fellow Alvin Rabushka shows how newborn America found its financial footing.
In 1911, China rejected feudalism to enter the modern era. A new Hoover exhibit on a century of change. By Hsiao-ting Lin and Lisa Nguyen.
From straight lines on a map, straightforward property rights grew. By Gary D. Libecap.
It’s imperfect, sometimes difficult even to define. But democracy works, and people want it. From a new book by Hoover fellow Michael McFaul.
Russians challenge the “deeply cynical caste” that has long ruled them. By Robert Conquest.
Charles Murray on the crisis that threatens our very identity as a nation. An interview with Peter Robinson.
The Need for Entitlement Reform.
And if they put their new freedoms to work, they won’t even remain poor. By Gary S. Becker.
The doomsayers are back. Regardless of what they say, the United States remains first on any scale of power that matters—economic, military, diplomatic, or cultural. By Josef Joffe.
America can decide to be itself again: free, fair, and thriving. By Victor Davis Hanson.
America’s founders paid off the states’ debts once—but only once. That wise example could benefit Europe today. By Thomas J. Sargent.
Celebrating the ninetieth birthday of the Hoover Institution, a revolutionary place. By Nicholas Siekierski.
The United States has always been among the kingdom’s best friends. Who better to help it change? By Leif Eckholm.
Revisiting the founding father to whom a national debt, properly funded, represented “a national blessing.” By Michael W. McConnell.