American Enterprise Institute
The Great Think-Tank Bubble
Think tank salaries are looking more and more like lobbyist salaries. That's no surprise.
Jim DeMint’s decision last December to leave the Senate to become president of the Heritage Foundation produced a mix of shock and hand-wringing in political circles. READ MORE >>
Eric Cantor's Bold New Vision for America: No Medical Device Tax
His speech at the American Enterprise Institute was hardly what the press promised
Eric Cantor built up big expectations for his speech this afternoon at the American Enterprise Institute. Monday’s Wall Street Journal gave it a breathless preview under the headline, “A GOP Leader Aims to Change Party’s Message”: “Mr. READ MORE >>
How To Judge The Right’s Flight From Romney
Nope, No Serious Economic Arguments Here
What's Fox & Friends Running For?
Last week I marveled at a video for American Enterprise Institute President Arthur C. Brooks's new book, The Road To Freedom: How To Win The Fight For Free Enterprise. I'm not opposed to authors making videos to sell their books--hell, I've done it myself. But this video was indistinguishable in format and tone from a political ad. READ MORE >>
What's Fox & Friends Running For?
Bush Economist Laments Bush Tax Lies
American Enterprise Institute economist Alan Viard, former member of George W. Bush's Council of Economic Advisors, laments the end of the upper-income Bush tax cuts. It happened, Viard argues, because Bush failed to properly sell the upper-income tax cuts: READ MORE >>
American Enterprise Institute President Arthur Brooks has a Wall Street Journal op-ed today arguing that it's unfair for the tax system to make rich people pay higher rates than the poor and middle class. This is, of course, a foundational belief of the conservative movement. READ MORE >>
The Quiet Revolution
These days, liberals don’t know whether to feel betrayed by or merely disappointed with Barack Obama. They have gone from decrying his willingness to remove the public option from his health care plan to worrying that, in the wake of Democrat Martha Coakley’s defeat in Massachusetts, he won’t get any plan through Congress. On other subjects, too, from Afghanistan to Wall Street, Obama has thoroughly let down his party’s left flank. READ MORE >>
Turning Japanese
Whatever their squabbling in Washington this week, one thing Democrats and Republicans were able to agree on was the apparent novelty of the country's current financial woes. "We have an unprecedented crisis," said House Minority Leader John Boehner, in a phrase frequently invoked by other congressional leaders. But, in truth, the dire situation in the United States does have a precedent: It looks remarkably like the crisis that struck Japan 20 years ago, when a stock market meltdown exposed years of speculative lending, mostly dependent on real estate, and led to an economic collapse. READ MORE >>
