The worldwide trend towards privatization, liberalization and globalization has produced substantial economic benefits. Nevertheless, liberalization has had its shortcomings and there are potential threats to further progress, including in particular an antiliberalization backlash. Continuing progress depends on the ability to articulate a clear vision of the positive effects of global liberalization and to establish institutions and policies which can help realize that vision. Reversing globalization would harm the worlds poorest inhabitants.
Charles W. Calomiris is the Arthur F. Burns Scholar in Economics at AEI.
In his new book, Real Education: Four Simple Truths for Bringing America's Schools Back to Reality, AEI's Charles Murray focuses on four simple, hard truths that are rarely discussed or even acknowledged by educators and politicians.
In this provocative new book, Arthur C. Brooks explodes the myths about happiness in America. He examines vast amounts of evidence and empirical research to uncover the truth about who is happy in America, who is not, and why.
