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From the Hand of Adam Smith: A New Series

What the paramount philosopher of liberty might say to the Americans of 2026.

Ross Levine
.

Featured Series

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The Grumpy Economist Weekly Rant

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Plot Points

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Director's Desk

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The Grumpy Economist Weekly Rant

Should the Federal Reserve Be Independent?

John H. Cochrane
.

The Fuel Economy Standards Dilemma

John H. Cochrane
.

Just Let Them Build

John H. Cochrane
.

The Trouble with Tariffs

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Freedom to Prosper

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Freedom Then and Now

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Freedom-China Fault Line

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Liberty Amplified

Topic image for China Considered Quick Takes

China Considered Quick Takes

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From the Hand of Adam Smith

Freedom's Frontline

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Freedom at Home

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Freedom in the World

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Freedom to Innovate

John H. Cochrane
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Cover image for article: Food Stamps Aren’t for Food

Food Stamps Aren’t for Food

The economics of fungible money.

John H. Cochrane
.

Cover image for article: Are AI Stocks a Bubble?

Are AI Stocks a Bubble?

Why high valuations don’t mean irrationality.

John H. Cochrane
.

Director's Desk

Cover image for article: Strengthening America's Education System to Secure Our Future

Strengthening America's Education System to Secure Our Future

The American Dream belongs to every schoolchild.

Condoleezza Rice
.

Cover image for article: A New Chapter for Ideas Advancing Freedom

A New Chapter for Ideas Advancing Freedom

Principled Solutions and Clear Thinking for a Complex World

Condoleezza Rice
.

Iranians Confront Big Brother

As the surveillance state suppresses independent thought, fear only strengthens fearlessness.

Mobina Riazi
.

Iranians Confront Big Brother

Liberty Amplified

Cover image for article: Venezuela's Democratic Window

Venezuela's Democratic Window

Rómulo Perez
.

Cover image for article: A Guest of the Taliban

A Guest of the Taliban

Nader Nadery

From the Hand of Adam Smith

Cover image for article: "Why Do You Work So Hard?"

"Why Do You Work So Hard?"

Ambition can nurture meaning—if the reward comes from within.

Ross Levine
.

Cover image for article: From the Hand of Adam Smith: A New Series

From the Hand of Adam Smith: A New Series

What the paramount philosopher of liberty might say to the Americans of 2026.

Ross Levine
.

China Considered Quick Takes

Cover image for article: China’s Venezuela Calculus

China’s Venezuela Calculus

What Beijing really weighs after US operation in Caracas.

Elizabeth Economy
.

Cover image for article: What the National Security Strategy Says About China

What the National Security Strategy Says About China

US Indo-Pacific policy shows more continuity than change.

Elizabeth Economy
.

Cover image for article: Trump in Asia: A Trade Win for the US?

Trump in Asia: A Trade Win for the US?

A step forward with China toward the pre-Trump trade war status quo, but not a transformation.

Elizabeth Economy
.

Cover image for article: Trump, Xi, and the US–China Strategy Gap

Trump, Xi, and the US–China Strategy Gap

Why the absence of a clear China strategy leaves US policy at risk.

Elizabeth Economy
.

Plot Points

Cover image for article: The Medicaid Boom and a Chance for Reform

The Medicaid Boom and a Chance for Reform

As enrollment swells, so does spending—but new rules may ease the pain.

Daniel Heil
,
Tom Church
.

Cover image for article: Expiring Subsidies, Competing Fixes

Expiring Subsidies, Competing Fixes

How Democrats seek to extend, and Republicans to replace, COVID-era health plan subsidies.

Daniel Heil
,
Tom Church
.

Cover image for article: The Reform that Didn't Require a Shutdown

The Reform that Didn't Require a Shutdown

A little-noticed change will let millions more Americans use health spending accounts.

Daniel Heil
,
Tom Church
.

Cover image for article: The Long-Term Health Crisis

The Long-Term Health Crisis

The outsize effect health care will have on the federal budget.

Daniel Heil
,
Tom Church
.

Hoover Fellows on Substack

John Cochrane

The Grumpy Economist with John Cochrane

Niall Ferguson

Niall Ferguson's Time Machine

H.R. McMaster

History We Don't Know with H.R. McMaster

Joshua D. Rauh

Liberty Lens with Josh Rauh

Ayaan Hirsi Ali

Ayaan Hirsi Ali's Restoration Bulletin

Paul Peterson

The Modern Federalist with Paul Peterson

Michael McFaul

McFaul's World

Glenn Loury

The Glenn Show

Timothy Garton Ash

History of the Present with Timothy Garton Ash

Matt Turpin

China Articles with Matt Turpin

Tom Church

584 Vetoes with Tom Church and Daniel Heil

Russ Roberts

Listening to the Sirens with Russ Roberts

Andrew Hall

Free Systems with Andrew B. Hall

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Cover image for article: China's Christians Are America's Allies

China's Christians Are America's Allies

Elisa Zhai Autry
.

Cover image for article: Resistance Is Not Futile

Resistance Is Not Futile

Elbegdorj Tsakhia
.

Selected Featured Articles

Featured article cover: Civics Ed: New Vigor for the Next 250 Years

Civics Ed: New Vigor for the Next 250 Years

America’s history proves that in shaping (and teaching) a “more perfect union,” unity and diversity are inseparable.

Is There a US Strategy for the "Western Hemisphere"?
- Philip Zelikow
  .
Fuel for Campus Disorder
- Russell A. Berman
  .
Artificial Intelligence and the Roads to Escalation
- Jacquelyn Schneider
  .
Can Talking Politics Get You Fired?
- Eugene Volokh
  .