In "Freedom’s Forge: How American Business Produced Victory in World War II," Pulitzer Prize finalist Arthur Herman describes how the U.S. won history’s greatest conflict by harnessing free market principles and private-sector creativity and innovation to increase war production.

The massive government spending during World War II did not lead to an economic boom. Economic historians have known for some time that the war cut personal consumption as Americans saved their paychecks in record amounts.

At this AEI event, bestselling historian and Pulitzer Prize finalist Arthur Herman will reflect on America's experience in mobilizing for World War II, how it relates to our current predicament, and how we can learn from it to solve today's problems.

By decade’s end, the United States will be spending more to service its debt annually than on national defense.

Everyone knows presidents have larger-than-life size egos. It goes with the job. But changes on the official White House website reveal that we've never had a self-regarding narcissist quite like the oval Office's current occupant.

If President Obama still wants to turn our economy around, it's time for him to act more like Franklin Roosevelt-but not in the way he might think.