A fair settlement could facilitate the restart of lending and help accelerate the repair of the housing sector. But if President Obama successfully capitalizes on a deal, banks may be inviting four more years of his anti-Wall Street agenda.

Clashes between competing visions of the good are more compelling than humdrum stories of good versus evil. This is no different.

Media Inquiries: Sara Hunekesara.huneke@aei.org; 202.862.4870

FOR IMMEDIATE RELEASE: May 29, 2008

Today, an appeals court in Texas reversed the $26 million judgment in Ernst v. Merck, which made worldwide headlines in 2005 when the first Vioxx case to go to trial returned a $253 million...

In 2004, Merck withdrew its pain reliever Vioxx from the market because of new studies showing increased cardiovascular risk. Merck announced that it would not settle any of the tens of thousands of Vioxx lawsuits filed, and set aside over a billion dollars to litigate cases without reserving a penny...

$25 billion in National Mortgage Settlement and other policy efforts have worked to prevent the real estate market from clearing.  At the same time, these policies have harmed those who have done the right thing.

One of the main goals of the new World Trade Organization (WTO) dispute settlement system, established during the Uruguay Round, was to diminish the power disparities between large developed economies and smaller developing ones by giving the less developed countries a more accessible forum to air their trade grievances.

In anticipation of North Korea's imminent missile launch, AEI director of Japan Studies Michael Auslin makes the case for why the US should shoot down the missile in order to preserve peace in the region.

Roger Scruton discusses why the environmental movement fits well under the umbrella of conservatism through his new book,  How to Think Seriously About the Planet.