In his new book, “Phake: The Deadly World of Falsified and Substandard Medicines,” Roger Bate explores the underground trade in illegal medicines that kills over 100,000 people per year and supplants billions of dollars of real products.

Arthur Brooks and Jim Manzi are intellectual heirs to Hayek; they are admirably recapturing old truths handed down from America’s Founders and restating them for today’s generation.

Editor’s note: Jim Manzi is the author of “Uncontrolled: the Surprising Payoff of Trial-and-Error for Business, Politics, and Society.” He is the founder and chairman of Applied Predictive Technologies, a global provider of predictive analytics software. Manzi is a senior fellow at the Manhattan Institute and a contributing editor at...

Yes, we need to reduce dishonesty and corruption among our corporations, but we should look to our political class as well.

As the Supreme Court hears a challenge to Arizona's immigration law today, American Enterprise Institute (AEI) scholars are available for interviews.

Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.