Nobel laureate and Hoover fellow Milton Friedman evaluates Alan Greenspan’s job performance, analyzes the role of the International Monetary Fund in the Asian financial meltdown, and explains how to fix Social Security—all in less than three thousand words.
The Western media tell us that China’s leaders haven’t changed much in the past twenty years, and they may well be right. What has changed is the China around them. By Hoover media fellow William McGurn.
If economists are so smart, why are developing countries so poor? By Hoover fellows Stephen Haber, Douglass C. North, and Barry R. Weingast.
In much of the world, conservatives clamor for subsidies while liberals fight big government. In the United States, it’s the other way around. Here’s why. By Charles Wolf Jr..
The limits of political “modernization”
The prospects for a stable democracy and a successful economy in Russia? Grim. Rui J. P. De Figueiredo Jr. and Hoover fellow Barry R. Weingast explain.
Kurt R. Leube on The State in the Third Millennium by Prince Hans-Adam II
Behind the headlines lies an old and basic question: in the clash between Islamism and the nation-state, who will win? By Charles Hill.
Using markets to improve performance
Jefferson to Polk to Truman to Reagan