AEI is rereleasing some of its most prescient and groundbreaking works from its earliest thinkers and innovators. These books, part of a series called AEI Classics, are available for download as Adobe Acrobat PDFs.
This title is currently out of print, but online booksellers sometimes have used copies available. See links below.
The authors of this volume focus on three factors that have contributed to the deterioration of the U.S. trade balance and the erosion of American competitiveness: macroeconomic policy, the fundamental realignment in global competitive conditions, and unfair foreign trade practices. They argue that the first two factors are by far the most important and that America's competitiveness will not be improved simply by making the playing field more level.
They recommend that the major focus in the short run be on restructuring U.S. macroeconomic policies. In the long run prevailing attitudes and practices, in both the private and the public sectors, must be changed if America is to compete in the world economy. They conclude that the removal of unfair foreign trade practices is an important policy goal but will do little to alleviate U.S. trade and competitiveness problems.
In Making a Killing: The Deadly Implications of the Counterfeit Drug Trade, AEI resident fellow Roger Bate analyzes the burgeoning international trade in counterfeit drugs and recommends steps that governments and law enforcement agencies could take to stop it.
The promise of "healthy aging" offers significant opportunities for economic growth and development for Europe in the decades ahead--if governments and citizens are willing to grasp them.