Hoover Institution fellow Eyck Freymann explains what the Iran war and the blockade of the Straight of Hormuz reveals about modern economic chokepoints, geopolitics and war strategies.

Geopolitical risk is top of mind for companies these days, and it seems that every week brings a new proposed sanction, trade control, or investment restriction. Increasingly, companies and investors ...

Communities across the globe are in a constant cycle of modernizing nearly every facet of life: housing, infrastructure, education, amenities, transportation and public policy, to name a few. All need ...

In an era marked by economic turbulence, from inflation spikes to tech disruptions, the compass of classical economic thought, particularly that of Henry Hazlitt, offers not just direction but ...

I read “Searching for Capitalism in the Wreckage of Globalization” with more frustration than surprise. Oren Cass’s argument consists, roughly speaking, of two parts. The substance of both parts ...

An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith (1723-90) was published on 9 March 1776. It met with instant success. Scholars were all praise for it but thought such a ...

Economic resilience is a multifaceted concept that encompasses the capacity of regional economies to absorb external shocks, adapt to changing environments, and recover robustly while continuing ...

In 1985 a new college graduate named Michael Kremer traveled to Kenya hoping to learn more about a topic he had studied at Harvard: economic development in low-income countries. He didn’t anticipate ...

The World Bank, in collaboration with George Washington University (GWU) and the University of Virginia (UVA), hosted the 1st World Bank-GWU-UVA Conference on “The Economics of Sustainable Development ...