Brookings Review

Quarterly magazine focuses on economic, political and foreign policy issues.

Articles from Vol. 15, No. 3, Summer

A Bad Idea Whose Time Will Never Come
Repeated often enough, even demonstrably false statements come to seem true. The assertion that Social Security faces enormous problems requiring large benefit cuts or tax increases is a case m point. Supposedly well-informed people have repeated this...
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A U.S.-Japan Trade Agenda
Despite Recent Reverses, Japan Is Still A Huge Market That Needs To Be More Open Judging from the American press, Japan has become yesterday's problem. With the collapse of Japanese stock and real estate prices in the early 1990s, very slow economic...
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Budget Crunch: Population Aging in Rich Countries
Over the next several decades the populations of the major industrial countries will grow considerably grayer. By 2030 the ratio of people past age 64 to those ages 15-64 will be just over 30 percent in the United States, close to 40 percent in France...
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Clean Air Sense
Three decades of debate about clean air regulation have done little to temper the acrimonious tone of the discussion. When the Environmental Protection Agency proposed last winter to tighten the National Ambient Air Quality standards for ozone and small...
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Ethnicity: An African Predicament
History has stripped Africa's people of the dignity of building their nations on their own indigenous values, institutions, and heritage. The modern African state is the product of Europe, not Africa. To attempt at this late date to return to ancestral...
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Medicare: Beyond 2002
PREPARING FOR THE BABY BOOMERS If Medicare is to provide the baby boom generation the same valuable protection against the ever-escalating costs of health care that it offers current beneficiaries, it must be reformed. The Clinton administration and...
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PRO: Privatizing Social Security
IT'S HIGH TIME TO PRIVATIZE The Social Security system is in growing financial distress. It is unfair. It is inefficient. And it is user unfriendly. Tinkering with it at the edges will solve none of these problems. The solution is to privatize the retirement...
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Sports, Jobs, and Taxes
ARE STADIUMS WORTH THE COST? America is in the midst of a sports construction boom. New sports facilities costing at least $200 million each have been completed or are under way in Baltimore, Charlotte, Chicago, Cincinnati, Cleveland, Milwaukee, Nashville,...
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The Costly Pursuit of the Impossible
No one should have been surprise when Environmental Protection Agency Administrator Carol Browner proposed to tighten the National Ambient Air Quality Standards (NAAQS) for ozone and particulate matter. Nor should it have occasioned surprise when the...
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Will the Baby Boom Be Ready for Retirement?
The baby boom generation - the roughly 76 million people born between 1946 and 1964 - has been reshaping American society for five decades. From jamming the nation's schools in the 1950s and 1960s, to crowding labor markets and housing markets in the...
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