In case you missed it, AEI health expert Scott Gottlieb, MD explains the transformation of the pharmaceutical industry in a recently published piece (full text below). Drug discovery has become targeted, averse to bureaucracy, and focused on solving more difficult to cure, serious maladies.

Drug makers aren't chasing blockbusters like Lipitor anymore, or uncovering compounds the same way.

Many liberals predicted that the financial crisis would increase Americans' confidence in Big Government. That has not happened.

This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

In "Freedom’s Forge: How American Business Produced Victory in World War II," Pulitzer Prize finalist Arthur Herman describes how the U.S. won history’s greatest conflict by harnessing free market principles and private-sector creativity and innovation to increase war production.

Political rhetoric--and policy--favor small business, but, in reality, big businesses play a critical role in economic growth and job creation.

Getting into a contest with President Obama over who is a better friend of business is not the winner some might think. The water will get very muddy very quickly if Romney campaigns on who is business' BFF, especially when you consider that one of the things Romney did at Bain Capital was take businesses apart.

In patent politics there is more at stake than money.