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Friday, June 10, 2011
 
 
RESEARCH   AREAS
 
Monetary Policy and the U.S. Economy
 

AEI scholars have long studied different aspects of monetary policy, including the history and performance of the Federal Reserve. This section of the website gathers together AEI research, books, and events focused on monetary policy and the U.S. economy.

 
Two Years Later: How Effective is the Stimulus Package?
 

When President Obama signed the American Recovery and Reinvestment Act (ARRA) he said, "With a recovery package of this size comes a responsibility to assure every taxpayer that we are being careful with the money they work so hard to earn." AEI scholars have examined the structure of the stimulus package and they continue to follow its progress and promises.


February marked the two-year anniversary of the ARRA, and it presented Congress the opportunity to review the legislation's effectiveness. Alex Brill, in his testimony before the House Committee on Oversight and Government Reform, argued that the effectivess depends largely on the stimulus spending occurring in a timely fashion. His testimony looked at whether or not this has happened. [Key Findings].

 
 
 
 
Simply Madness
 
People who advocate a steady state economy as a way out of the recession are actually advocating a form of a centrally planned economy. The way out of the recession is not through a steady state economy, but through economic growth.
 
Comparing Federal and Private Sector Compensation
 
Reducing federal employee compensation to market levels could save taxpayers roughly $77 billion per year.
 
Keeping Competitive
 
The prophets of American decline are on the march in numbers not seen since the days of Jimmy Carter and stagflation. Who knows, maybe this time they'll be right--a sclerotic political system, enterprise-stifling regulations, a foolish tax structure and shortsighted public policy may finally send the U.S. economy into the permanent tailspin long predicted by experts with a grim turn of mind.
 
Another Slowdown
 
The loss of global economic momentum spells trouble for the second half of 2011.
 
 
A History of the Federal Reserve, Vol. I 1913-1951
 
Thismonumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions.  
 
Money, the Financial System, and the Economy
 
This textbook introduces economic explanations for the organization of the financial system and the interconnection between the financial system and the economy.  
 
A Single European Currency?
 
In September 1996, the New Atlantic Initiative convened a panel of three leading economic observers to discuss the EU's efforts to adopt a single currency.  
 
 
PAST EVENTS
 
 
Panel discussion on what kinds of financial systems, banking, mortgage securitization, central banking, and related economic effects can we expect in the post-bubble world and if we find something new or just business as usual.
 
 
The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry--including banking, insurance, and securities--who meet regularly to study and critique regulatory policies affecting this sector of the economy.
 
 
The widely acclaimed American Enterprise Debates returns with another big question for our times: how much quantitative easing is too much?