Objectively Speaking, Rand Is History
The recent presidential race made it obvious: conservatives have shrugged off Ayn Rand.
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Ludger Woessmann is a Distinguished Visiting Fellow at the Hoover Institution. He was a Hoover Institution National Fellow in 2010 and a Visiting Scholar in 2014 and 2018.
Woessmann is Professor of Economics at the University of Munich and Director of the ifo Center for the Economics of Education at the ifo Institute. His main research interests are the determinants of long-run prosperity and of student achievement. He uses microeconometric methods to answer applied, policy-relevant questions of the economics of education, often using international student achievement tests. Special focuses address the importance of education for economic prosperity and the importance of institutions of the school systems for efficiency and equity. His latest book, The Knowledge Capital of Nations: Education and the Economics of Growth written jointly with Hoover Fellow Eric Hanushek, identifies the close link between the skills of the people and the economic growth of the nation and shows the economic impact of high quality schools. Further research topics cover aspects of economic history, economics of religion, and the Internet.
Woessmann is Member of the International Academy of Education, the German National Academy of Sciences Leopoldina, the German Academy of Science and Engineering acatech, and the Academic Advisory Council of the German Federal Ministry of Economics. He is co-editor of the Handbook of the Economics of Education. His work was rewarded, among others, with the Hermann Heinrich Gossen Award and the Gustav Stolper Award of the German Economic Association, the Young Economist Award of the European Economic Association, and the Choppin Memorial Award of the International Association for the Evaluation of Educational Achievement. Woessmann studied economics at Marburg University and the University of Kent at Canterbury and received his PhD from the University of Kiel. He spent extended research visits at Harvard University and the National Bureau of Economic Research. Google Scholar lists over 27,000 citations to his research.
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The recent presidential race made it obvious: conservatives have shrugged off Ayn Rand.
International law changes, but human nature doesn’t. Hoover fellow Norman M. Naimark on the ancient and persistent crime of genocide.
“We don’t need less partisanship. We need better partisanship.” Russell Muirhead shows how political parties get things done.
Lower tax rates, broaden the base. Such simple changes are all that we need, says Hoover fellow John H. Cochrane.
What we should do—and stop doing—in the quest for “affordable housing.”
The previous administration held that discipline amounted to discrimination. The new education secretary should reject this claim—if not in the name of common sense, then in the name of student achievement.
Far too many feminists in the West prove reluctant to condemn practices that harm their sisters in the developing world.
Colleges and universities honor free inquiry in theory, but not always in fact. How to keep higher education true to its values.
In a year in which much attention is being paid to unsung women, such as the mathematicians who helped the American space program in the Oscar-nominated film “Hidden Figures,” it may be time to give the Wrens their due.
Contempt for freedom of speech reflects impoverished minds. Colleges that reject intellectual diversity are much to blame.
A new collection shows where the great émigré poet Joseph Brodsky found friendship, love, and inspiration.
The official Japanese post-mortem of World War II shows how rivalries, miscommunication, and poor leadership plagued the imperial military machine.
Improve society by improving human stock? A century ago, the Progressive movement cheered that disturbing idea. Historian Thomas Leonard, author of Illiberal Reformers, explains.
Six years after a tsunami struck the Honshu coast, the ruins of the nuclear power plant seethe and the Japanese still await honest answers.
Hoover fellow Michael A. McFaul, former ambassador to Moscow, reflects on fading democratic hopes for Russia.
Brexit is now certain, but the terms are not. Britain still has time to work with the EU, head off political strife, and minimize economic pain.
Britain’s separation from the EU: not merely a new political and legal arrangement but a deep and permanent schism.
The drought is over, but don’t expect Sacramento to take any meaningful action to avert the next water crisis. That well is still bone dry.
Hoover fellow David Brady, surveying the political landscape, sees “knife-edge electoral instability.”
It’s not new at all. Andrew Jackson, almost two centuries ago, also championed a populist style—and, in the end, strengthened American democracy.
Environmental politics is littered with language that obscures meaning and hinders good policy.
A novel idea to distribute carbon dividends that’s both fair and workable.
President Trump’s executive orders honor the founders’ view that a president should seize the initiative. But such orders represent only the beginning of real change.
Defying the law is defying the law—even if it’s immigration law.
Technology makes for better weapons—but only until our foes catch up. Why the Pentagon needs to move faster.
We’ve paid too much attention to weapons of the future and too little to our forces today.
The greatest risk to democracy? Not the prospect of a coup or a junta but the self-aggrandizement of “strong leaders.”
The ingredients: boost productivity, rationalize the tax code, and put more Americans to work (and keep them there). All that, and add a dash of luck.
Competition already lowers the price of drugs—and it works better than price fixing ever could.
The new chief of the Food and Drug Administration must move fast, avoid politics, and confront overregulation.
How health insurance should work.
White self-congratulation, disguised as penance, has informed American liberalism for decades. Now liberalism is at last exhausted—and that’s a very good thing.
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