Hoover Fellows Launch Human Prosperity Project

The Hoover Institution’s Human Prosperity Project on Socialism and Free Market Capitalism launched at the Hoover Institution with a discussion between Senior Fellows about the origins and impacts of the two economic systems. Left to right: Edward Lazear, Scott Atlas, Eryn Tillman (Hoover Institution associate director), Niall Ferguson, Peter Berkowitz, and John B. Taylor.
Niall Ferguson (right) with Eryn Tillman. Ferguson discussed his essay for the Human Prosperity Project about the allure of socialism, and the political disadvantages for advocates of free market capitalism.
Peter Berkowitz (center), discussed his essay for the Human Prosperity Project which compares the theories of John Locke and Karl Marx whose works provide the philosophical foundations for the systems of free-market capitalism and socialism, respectively.
John B. Taylor (right) said that the American system’s constitutional characteristic of limited government has, when adhered to, led to predictability and stability in its economy.

The Hoover Institution’s Johnson Center in Washington, DC was the venue for the discussion between senior fellows which launched the Human Prosperity Project on Socialism and Free-Market Capitalism.
Edward Lazear and Scott Atlas (far left) are the co-chairs of the Human Prosperity Project on Socialism and Free Market Capitalism. The project aims to educate Americans about the tenets of the two conflicting systems, and will include scholarly analyses from Hoover fellows in the form of essays and white papers, panel discussions on Hoover’s main campus at Stanford University and the Johnson Center in Washington, DC, and digital media hosted on Hoover.org and on Hoover’s educational platform, PolicyEd.org.
The Johnson Center discussion on socialism and free market capitalism, was part of the Hoover Institution Board of Overseer meetings in Washington, DC.