The new limits on graduate student borrowing enacted in the One Big Beautiful Bill Act (OBBB) mark a decisive shift away from the era of effectively unlimited federal lending. To understand why, it ...
Now we live in a world of uncertainty where the economic facts can change at a moment’s notice. That world would be best served by a Fed that is prepared to make early monetary policy changes when the ...
New York Governor Kathy Hochul made news recently with an interview that was at once revealing and pathetic. The revealing part was her plea for rich former New Yorkers to return so they can be taxed ...
As Operation Epic Fury finishes its sixth week and enters a two-week cease fire period, we estimate an incremental cost to date of between $25 and $35 billion.
We say that civic life is fraying. We point to distrust, fragmentation, and the steady decline of shared experience in American culture. Much of that is true. But every so often, something cuts ...
Why do economists generally seem more cautious than many folks in Silicon Valley about the potential economic impacts of artificial intelligence, especially when forecasting extreme scenarios? One big ...
Senior Fellow Roger Pielke Jr. discusses climate change on the ‘Der 4pi Podcast.’ ...
In this provocative book, Thomas Chatterton Williams, one of the most revered and reviled social commentators of our time, paints a clear and detailed picture of the ideas and events that have paved ...
How risky are mortgages right now? The National Mortgage Default Rate (NMDR) provides accurate and timely tracking of risk in the mortgage market. The NMDR is a stress test, similar to a hurricane ...
Several Thoughts on Trump’s Executive Order on the Postal Service and a National Voter Registry List
On March 31, 2026, President Donald J. Trump signed an executive order (EO) ENSURING CITIZENSHIP VERIFICATION AND INTEGRITY IN FEDERAL ELECTIONS. (Yes, the Administration used all caps.) Here is the ...
From 2013 to 2024 Rick Hess and the AEI Education Policy Studies team offered its annual Education Policy Academy. This exclusive summer institute brought talented graduate students to Washington, DC, ...
The AI jobpocalypse crowd has a fresh challenge to its view. “What Makes New Work Different from More Work?,” a new NBER working paper by economist David Autor and co-authors, shows that the American ...
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