The 2010 William E. Simon Lecture given by Hudson Senior Fellow and Director of the Bradley Center for Philanthropy & Civic Renewal William Schambra at the Manhattan Institute For Policy Research in New York City on December 9, 2010.

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The P4 laboratory, on the campus of the Wuhan Institute of Virology, in Wuhan, in China's central Hubei province. (Hector Retamal/AFP via Getty Images)