To what extent has America's global leadership been based on its economic leadership? What does the recent economic turmoil portend for international economic institutions and for America's role? What will replace the failed post-World War II Bretton Woods system and institutions? In his recent paper, "The End of the 'American...

Protectionism is just as harmful as it ever was--it has just become more difficult to recognize.

A month ago, the George W. Bush administration made a tentative deal with Congressional Democrats on a new template which could allow passage of pending trade accords and potentially clear the way for new ones. According to the proposal, countries seeking free-trade agreements with the United States would have to...