Articles by Nathan Smith
The Case for the World Bank
In the wake of the recent "scandal," existential questions are being asked about the World Bank. Desmond Lachman, in these pages, questions "the World Bank's continued relevance in today's global economy." Lachman ultimately thinks "the world still very much...
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Poor Arguments: Bush, Webb and Poverty
Last night, President Bush's State of the Union address and Senator James Webb's Democratic response provided a useful juxtaposition of views. Among other things, it showed how the parties' positions on poverty have changed. To wit, President Bush's proposals...
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The New Populism and the iPod Economy
Does the Democrats' victory in the 2006 congressional elections herald a coming era of populism? Perhaps. Consider Senator-elect Jim Webb's recent Wall Street Journal op-ed, "Class Struggle," begins by echoing John Edwards' "two nations" theme: "America's top tier
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Walls Are for Losers
The Ming dynasty emperors in China (1368-1644) were the biggest builders of the famous Great Wall. A native Chinese dynasty coming to power in the wake of a Mongol occupation, they wanted to strengthen their defenses against the nomadic...
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Walls Are for Losers
The Ming dynasty emperors in China (1368-1644) were the biggest builders of the famous Great Wall. A native Chinese dynasty coming to power in the wake of a Mongol occupation, they wanted to strengthen their defenses against the nomadic...
Read More
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Build It and They'll Still Come
Congratulations to Pat Buchanan! Last Friday the House and Senate passed a bill of which the tireless firebrand of American nativism must be proud. If President Bush signs the Secure Fence Act of 2006, as expected, 700 miles of double-layered...
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Don't Look Now, But the World Economy Is Booming
The world economy is booming. To see the evidence, check out the back page of The Economist. There is a column showing the GDP growth rates of 27 developing countries. In a typical copy from the late 1990s as many...
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Putin the Great?
In his TCS article, "G7 + 1 Autocracy," K. Caldwell Harmon voices an increasingly common view: that "G8 member countries should examine whether Russia deserves to be represented in a group intended to represent the developed, free world," in view...
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Don't Restrict Immigration, Tax It
The goal of this article is to outline an open borders policy that achieves "Pareto-improvement." Sounds boring, I know. But bear with me. Pareto-improvement, a term from economics, means that some people are made better off while no one is...
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Immigration Wisdom In the Senate
The Comprehensive Immigration Reform Act, passed by the US Senate on May 25, if its key provisions become law, will be the most significant domestic legislation in the United States since welfare reform. Though flawed by elements of economic and...
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