Despite almost continuous criticism and frequent predictions of the end of capitalism, the capitalist system has spread throughout the world. Once confined to western Europe, North America, and Australasia, capitalism has become the dominant form of organization in the entire world, including Asia, Latin America, and most of the former...

AEI scholars are available to comment on President George W. Bush' nomination of Ben S. Bernanke to succeed Alan Greenspan as chairman of the Federal Reserve.

The government's stimulus package to restore stable economic growth with low inflation was not well designed and in order to improve the current situation, the United States must stimulate business investment and reduce uncertainty.

We should reduce Social Security benefits for middle- and high-income earners to encourage more working and saving—and free up the government to focus on the daunting challenges of Medicare and Medicaid.

As Washington struggles to reach an agreement on the proposed bailout, and Wall Street awaits its future, AEI scholars offer insights into what is needed to protect the financial system.

Japan should take the opportunity provided by a new government to change economic policy, pursue monetary expansion, and devalue.

Without a major tax cut, the budget surpluses forecast over the next decade will generate an unprecedented hoard of cash for the U.S. Treasury.