In a new book entitled “Financing Failure: A Century of Bailouts,” Vern McKinley provides the most detailed account yet of the government’s decision-making process during these momentous events.

The U.S. is more active on trade policy than it has been in years.  President Obama is meeting with Canada and Mexico about new agreements, Congress will hold hearings on changing decades-old trade law, and the federal government will more broadly be bringing several cases before the WTO.

Yet, in constructing...

If one wishes to capture the fundamental aspect of the cultural friendship between the two economists Luigi Einaudi (1874-1961) and Wilhelm Röpke (1899-1966), it’s important to refer to what Einaudi wrote about the German economic miracle and the Röpkianan doctrine of the social market economy.Einaudi wrote that the...

Abstract

Increased donated and subsidised medicines for malaria are saving countless lives in Africa, but there is probably increasing theft and diversion of those medicines. The impact of medicine diversion is unknown but potentially dangerous and may bolster criminal networks and increase medicine stock outs (1,2). This study demonstrates...

Three considerations make it likely that Greece, Ireland and Portugal will choose to default before the establishment of the European Stability Mechanism in 2013

AEI's J.D. Kleinke examines the magnitude, symbolism, and likely impacts of the accounting rule included in the Accountable Care Act to regulate the administrative costs and profits of the health insurance industry.

Perhaps it's the sweet California air, but the pervasive (though not universal) pessimism in biopharma these days is really bumming me out.  Consequently, I'd like to discuss three potential responses to difficult industry problems.

There should not be an Americas currency bloc