US Exports: A Prescription for Economic Growth?

In an increasingly complex global economic landscape, there are no easy prescriptions for economic growth.  The debate over China’s currency devaluation and the decline of the U.S. manufacturing sector has prompted many economists and policy…


Earmarks Misunderstood

The debate over Congressional earmarks has reached a new height with the announcement by President Obama during his State of the Union Address that, “If a bill comes to my desk with earmarks inside, I…


What Happened to Argentina?

Since the middle of the twentieth century, the Argentine economy has presented economic historians with a narrative rich with paradox. Argentina has served as both darling and pariah of the South American economy, enjoying robust…


How Egypt Taught America About Democracy

The world will never know what flipped the switch for the people of Egypt. What is clear is that at some point, authoritarian rule became unacceptable and the temptation for democracy too irresistible. After over…


South Africa’s Immigration Problem

When he received the Nobel Prize with Nelson Mandela in 1993, President F.W. de Klerk said it was neither sanctions nor support that rid South Africa of apartheid, but was the movement of millions into…