Somali pirates have evolved from a small group of bandits into a sophisticated global organization with hijackers, investors, guards, professional negotiators and money laundering agents working in tandem. This efficiency has made it very difficult to counter the threat of piracy but targeting financers and negotiators is part of a more proactive strategy being adopted by the United States.

American Enterprise Institute (AEI) economist  Roger Bate shares his expertise on counterfeit drug networks that pose a growing threat to combating diseases like malaria.

Walter Cronkite's death reminds us of the passing of a media age he helped to define.

The portfolios of mortgages and mortgage-backed securities held by Fannie Mae and Freddie Mac have now become the central issue in the legislative battle over improvements in their regulation.

Technology has changed, and a better form of art is on the way.

The future is on the way.  Leading-edge innovators, we are assured, have already moved on, and are earnestly focusing on the just the sort of problems - manufacturing, energy, transportation (and I'd add healthcare) - that urgently require imaginative solutions.

In a just-published op-ed in the New York Times, American Enterprise Institute (AEI) international health economist Roger Bate highlights a better way to fight fake pharmaceuticals while still giving poor Americans access to less costly drugs from online pharmacies.