Herbert Hoover’s Hidden Economic Acumen

What an Awful President's Secret Strength Could Teach Today's Financial Leaders About Capitalism

From our nation’s inception, Americans have been a forward-looking people— youthful, optimistic, even revolutionary. Progress has been our byword, and the past has often been dismissed as stodgy, if not rudimentary. Few phrases are so thoroughly dismissive as to pronounce, of a person, a trend, or an idea, as, that, or they, are “history.”

This inclination is rooted in a sense of optimism, and the confidence that we learn as we go. But it can also reflect a degree of hubris, and the mistaken notion that those who came before were …

Is China Pulling the Plug on Overseas Investment?

Why Beijing Got Cold Feet and Sank a Major Deal to Buy a U.S. Hotel Giant

Every time China appears ready to take (or retake) its rightful place in the global economy, a reminder comes along that this isn’t just another country willing to abide by …

How Latin America’s Left Could Lose Their Scapegoat

Will Obama’s Trip to Cuba and Argentina Be the Nail in the Coffin for the Region’s Tired Anti-American Script?

Barack Obama took a deserved victory lap in Latin America last week.

Critics of the president’s opening to Cuba accuse Obama of appeasing the Castro regime, but they missed the historic …

How Opening a Savings Account Can Close the Racial Wealth Gap

With Modest Public Investment, Low-Income Families Can Build a Financial Cushion Against a Recession or Medical Emergency

Like many economists who care about American families struggling to make ends meet, I spend a good amount of time thinking about how parents can earn more income to give …

Are the Best Parts of America British?

How the U.S. Was Shaped By What It Adopted—and What It Didn’t—From the U.K.

If you’ve ever seen close siblings argue, you will get a sense of the relationship between Britain and America—and a sense of the discussion trying to define this relationship at …

‘Brexit’ Is a Losing Game

Beyond Global Influence, National Security, and Economic Opportunity, the United Kingdom Would Lose Its Ability to Look Beyond Itself

In 1975, the United Kingdom voted on quitting Europe for the first time—just two years after it had joined the European Economic Community. A flip in power from the pro-European …