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American Enterprise Institute

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American Enterprise Institute
NameAmerican Enterprise Institute
Founded1938
FounderLewis H. Brown
HeadquartersWashington, D.C.
PresidentRobert Doar
ChairmanDaniel A. D'Aniello
FocusPublic policy, Economic policy, Foreign policy
Revenue$80.5 million (2022)

American Enterprise Institute. It is a prominent Washington, D.C.-based public policy think tank that advocates for principles of limited government, free enterprise, and robust American foreign policy. Founded in 1938, it has played a significant role in shaping conservative and neoconservative thought in the United States, producing research across economics, foreign affairs, and social policy. Its scholars frequently testify before Congress, publish in major media outlets, and transition into high-level government positions.

History

The organization was established in 1938 by Lewis H. Brown, then president of the Johns Manville corporation, initially as the American Enterprise Association to promote free market alternatives to New Deal policies. For its first decades, it primarily provided legislative analysis for members of Congress. Its influence grew substantially under the leadership of William J. Baroody Sr., who became president in 1954 and transformed it into a full-scale research institution. During the Reagan administration, many of its scholars, such as Jeane Kirkpatrick and Michael Novak, assumed key roles, cementing its status as a leading intellectual force for modern American conservatism. The think tank later expanded its intellectual reach during the Presidency of George W. Bush, particularly in advocating for the 2003 invasion of Iraq and democracy promotion abroad.

Research and policy areas

Its work is organized into dedicated research centers focusing on major policy domains. The Economic policy team analyzes issues like tax reform, fiscal policy, and regulation, often advocating for supply-side economics. In Foreign and defense policy, scholars address national security, international relations, and specific regional challenges in places like the Middle East and China. The Social and cultural studies division examines topics such as education reform, health care policy, and political polarization. Additional centers focus on technology policy, analyzing artificial intelligence and big tech regulation, and energy and environment, promoting innovation-based approaches to climate change.

Leadership and scholars

The organization is led by President Robert Doar, previously of the Manhattan Institute, and chaired by Daniel A. D'Aniello, co-founder of the Carlyle Group. Its community includes resident scholars and fellows who are often former government officials. Notable figures have included the late Milton Friedman, a Nobel laureate in Economics, former Speaker Newt Gingrich, and former U.N. Ambassador John R. Bolton. Prominent contemporary scholars include Christina Hoff Sommers, known for work on gender studies, Michael R. Strain in economics, and Kori Schake on foreign policy. Many alumni, like Paul Wolfowitz and Lynne Cheney, have held high positions in the Department of Defense and Department of Education.

Influence and impact

Its influence is exerted through congressional testimony, media commentary, and the integration of its alumni into the federal government. Scholars regularly appear before committees like the Senate Finance Committee and the House Foreign Affairs Committee. Its ideas have underpinned major policy initiatives, including the Economic Recovery Tax Act of 1981, welfare reform in the 1990s, and the surge strategy during the Iraq War. The think tank's annual flagship event, the World Forum, gathers global leaders from politics, business, and media. Its publications, such as the magazine The American Enterprise and numerous books, are widely cited in policy debates.

Funding and organization

It is classified as a 501(c)(3) nonprofit organization and is funded by a mix of foundations, corporate contributions, and individual donations. Major historical donors have included foundations like the Bradley Foundation, the Scaife Foundations, and the Koch family foundations. Corporate support has come from sectors including pharmaceuticals, financial services, and energy. The organization publishes its donor list and has an annual budget exceeding eighty million dollars. It is governed by a Board of Trustees that includes notable figures from business and academia, such as Tully M. Friedman and Harlan Crow.