Herbert Stein

Herbert Stein (1916 – 1999) was a senior fellow at the American Enterprise Institute and was on the board of contributors of The Wall Street Journal. He was chairman of the Council of Economic Advisers under Richard Nixon and Gerald Ford. From 1974 until 1984, he was the A. Willis Robertson Professor of Economics at the University of Virginia.

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Defense and the Deficit

Editors’ Note: Controversy over the just distribution of the nation’s resources is a permanent battleground in American politics. This is perhaps inevitable. One recalls Harold Laswell’s dictum that politics concerns “Who gets what, when, how?” On the practical level, these are the perennial questions with which citizens and their elected representatives must wrestle. Yet too … Read more

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