While everyone says they want more innovation, words are easy. The tough, practical questions remain: How do we get more innovation and how do we harness it?

The key to American prosperity, according to a new AEI book, is increased competition and open markets.

This book examines America's economy over the past several decades and the sources of our recent success and comes to surprising conclusions about what we can learn from it.

The debate regarding financial services has devolved to politics, rather than a focus on sound policy that will foster a robust financial sector capable of raising capital efficiently for the "real" economy of businesses creating goods and services, and thereby jobs.

Bhagwati takes on those who argue that economists are now split on free trade.

The responses by the IMF and the U.S. government to the Mexican crisis of 1994 to 1995 and the recent Asian crises are examples of dangerous short-sightedness.