Mario Vargas Llosa

On Thursday, October 7, the renowned Peruvian novelist, essayist, playwright, and political thinker Mario Vargas Llosa was awarded the 2010 Nobel Prize in Literature. One of the deepest and most prolific of contemporary novelists and a pioneering force in Latin America's literary revival since the 1960s, Mr. Vargas Llosa is also a prominent advocate of democracy, free markets, and individual liberty. In 2005, he delivered the Irving Kristol Lecture at AEI's Annual Dinner. His speech, "Confessions of a Liberal," reflected upon his political and literary work in Latin America and Spain.

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Patrick Allitt, the Cahoon Family Professor of American History at Emory University, will deliver the November Bradley Lecture at AEI. [READ MORE]

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Post-Partisan Power
By Steven F. Hayward, Mark Muro, Ted Nordhaus, and Michael Shellenberger
AEI, Brookings Institution, and Breakthrough Institute joint paper, October 2010

American energy policy is at a standstill. A new approach is needed that focuses on energy innovation as a key driver of American economic growth, national security, and health and safety benefits. This joint paper by AEI's Steven F. Hayward, Brookings Institution's Mark Muro, and the Breakthrough Institute's Ted Nordhaus and Michael Shellenberger argues that the federal government should invest roughly $25 billion per year in military procurement, R&D, and a new network of innovation hubs (with collaboration between universities and the private sector) to create an energy revolution. The program should be financed through several mechanisms, including a low price on carbon. [READ MORE]

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The Federal Reserve is considering attempts to stimulate the economy, writes Allan H. Meltzer of AEI and Carnegie Mellon University, but it should give up this nonsense about more stimulus and offer a credible, long-term program to prevent the next inflation. [READ MORE]

Peace Does Not Keep Itself
By Arthur C. Brooks, Edwin J. Feulner, and William Kristol
Wall Street Journal, October 4, 2010

AEI president Arthur C. Brooks, Heritage Foundation president Edwin J. Feulner, and Foreign Policy Initiative director William Kristol argue that a weaker, cheaper military will not solve our financial woes, but it will make the world a more dangerous place and impoverish our future. [READ MORE]

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AEI Press October 2010

In Wealth & Justice: The Morality of Democratic Capitalism, Arthur C. Brooks and Peter Wehner explore how America's system of democratic capitalism both depends on and cultivates an intricate social web of families, churches, and communities. Far from oppressing and depriving individuals, the free-market system uniquely enables Americans to exercise vocation and experience the dignity of self-sufficiency, all while contributing to the common good. The fruits of this system include the alleviation of poverty, better health, and greater access to education than at any other time in human history--but also a more significant prosperity: the flourishing of the human soul. [READ MORE]

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Photos: AEI, Flickr user spakattacks/Creative Commons, U.S. Army/Spc. Sean Kimmons, AEI