HUMANE Act proposed by a GOP Senator and DEM Congressman should give us hope that immigration reform is possible in an incremental, bipartisan fashion.
Does Inequality Matter? I keep thinking about a village of nine people, incomes equal (Gini coefficient = 0) when a poor migrant arrives with no income. He joins the village and is treated charitably. But suddenly there is inequality. The Gini coefficient rises by ten percent. Which begs the question: is the measure of inequality a useful way to think about poverty, or economics of a society generally?
Ideas for Renewing American Prosperity. This is a reprint of articles from the WSJ’s anniversary issue (125 years), which included essay by many colleagues at Hoover.
Exit Strategy note … the man who invented the term “Exit Strategy” was Clinton Sec. of State, Warren Christopher. His papers are now part of the Hoover Institution Archives.