Volume Two, Number Three

CONTENTS

From the Editor

Editor-in-Chief Nick Schulz introduces the latest issue of THE AMERICAN.

The American Scene

The EU-U.S. innovation gap; crouching Tiger, hidden golf threat; McDonald’s—they’re lovin’ it; Uncle Sam’s green thumb; how ‘progressive’ can you get; Brazil’s energy ‘miracle’; and more.

Interview

Scott McGregor of Broadcom discusses competing for talent and reforming the patent system.

The Young Economist

Esther Duflo and her MIT colleagues are waging a war on poverty.
BY LAURA VANDERKAM

DataPoints

Taking the country’s temperature: Americans’ attitudes toward the U.S. healthcare system.
COMPILED BY KARLYN BOWMAN 

Q&A

With the financial world in turmoil, here's a handy guide to the bursting of the housing market bubble.
BY ALEX J. POLLOCK

Geopolitics

Why international borders remain in flux.
BY VICTOR DAVIS HANSON

Automobility

Diesel engines enjoy large market share in Europe. Is this the engine of our deliverance?
BY RALPH KINNEY BENNETT

American Seen

FEATURES

How to Succeed in Life...By Really Trying

Money doesn’t buy happiness, but success does.
BY ARTHUR C. BROOKS

Indispensable Industry

New efforts to undermine the country’s drug development system are cause for worry.
BY JOHN E. CALFEE

Singapore Sling

The city-state of Singapore may have a fix for America’s healthcare woes.
BY ROWAN CALLICK

Aging Gracefully

Europe can solve its demographic crisis by unlocking the value of health.
BY NICHOLAS EBERSTADT

Field of Dreams

How youth sports strengthen the economic, academic, and social prospects of Americans.
BY SCOTT GANZ AND KEVIN HASSETT

There’s Got to Be a Better Way

The technology industry is consumed by disputes similar to those that roiled American politics years ago. We can avoid the mistakes of the past.
BY JAMES V. DELONG

Playing For Keeps

The Summer Olympics promise to be as much a political event as an athletic spectacle. Will the Beijing Games ultimately help or hurt the cause of freedom in China? Eight China experts respond.

Don’t Panic

Sovereign wealth funds are increasingly investing in U.S. companies. Should we be scared?
BY DANIEL DREZNER

America the Difficult

Why the United States should put out the welcome mat to foreign direct investors.
BY MIHIR DESAI

Bad Medicine

India has become a major source of fake drugs. A report from the subcontinent.
BY ROGER BATE