Ineffective drugs take lives, waste money and make precious cures useless. Drugs have been recycled after their expiry date; they have been contaminated with fatal toxins; they have been made too weak or with no active ingredient at all.

The reality is that we simply do not know how efficacious most  drugs really are. 

The new law should be repealed and replaced--not to boost "competitiveness"--but rather to improve the value of our health care, produce better population health, and free some resources for other important purposes.

The sorry history of nuclear negotiations with North Korea demonstrates that the international community has absolutely no reason to assume the current North Korean regime will voluntarily denuclearize.

The acquisition of nuclear weapons by Iran would be an extremely destabilizing event in the Middle East, making it more difficult to deter Iran from undertaking conventional and unconventional warfare, including terrorism.

The United States should focus on improving the value of health care services through more effective policy levers involving taxes, major entitlement programs, and our educational system.

So, David Sanger had a piece in the NYT last weekend wondering whether there’s a “Romney doctrine.” Of course, he wasn’t really wondering; he knew from the get go what he thought. And luckily for Sanger, he had plenty of Romney advisers to help along his theory.

Discussants Stephen Roach and Desmond Lachman debate the seriousness of the challenge posed by China and appropriate steps to respond to its rise.