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American Enterprise Institute




Like most think tanks that maintain non-profit status under the federal tax code, AEI is strictly nonpartisan and takes no institutional positions on pending legislation or other policy questions.

However, it has emerged as one of the leading architects of , AEI and Brookings established the AEI-Brookings Joint Center for Regulatory Studies.


"IRRATIONAL EXUBERANCE"


AEI garnered significant global attention on December 5 , 1996 , when Federal Reserve chairman Alan Greenspan addressed the institute and remarked, just a few years before the 2000 Stock Market correction, that the American stock market may have ascended unduly, attributable to what Greenspan called the " Irrational Exuberance " of investors.

Greenspan's comments to AEI proved to be among his most notable, leading to significant debate over whether or not American stock evaluations were, in fact, overvalued and even to a book named for the comment, "'' Irrational Exuberance ''".


PERSONNEL

  • Lynne Cheney , the wife of U.S. Vice President Dick Cheney , and an AEI senior fellow.

  • Christopher DeMuth, who served in the Reagan administration, has been president of AEI since 1986

  • Ted Frank is resident fellow and director of the AEI Liability Project.

  • David Frum , an author and former speechwriter for Bush , is a resident fellow.

  • Reuel Marc Gerecht is a resident fellow. He is the director of the Project For The New American Century 's Middle East Initiative and a former Middle East specialist at the CIA .

  • Newt Gingrich , member of the Republican Party and Speaker of the United States House Of Representatives between 1995 and 1999, is a senior fellow at AEI focusing on health care (he has founded the Center for Health Transformation), information technology, the military, and politics.

  • Author James K. Glassman is a resident fellow.

  • Michael Greve is the John G. Searle Scholar and director of AEI's Federalism Project.

  • Jeane Kirkpatrick is the former U.S. Permanent Representative to the United Nations and an AEI senior fellow.

  • Bruce Kovner is the chariman of the board of trustees.

  • Michael Ledeen was previously involved in the transfer of arms to Iran during the Iran-Contra affair -- an adventure that he documented in his book, ''Perilous Statecraft: An Insider's Account of the Iran-Contra Affair.''

  • Joshua Muravchik , is a Resident Scholar. He researches Middle East politics, democracy, neoconservatism and the history of socialism.

  • Charles Murray , an influential policy writer and a researcher, is the W.H. Brady Scholar in Culture and Freedom. He is best known as the co-author of the controversial '' The Bell Curve '' in 1994.

  • Winfield Myers is managing editor of AEI's magazine, ''The American Enterprise.''

  • Michael Novak is the George Frederick Jewett Scholar in Religion, Philosophy and Public Policy and Director of Social and Political Studies at the institute. He has written extensively about the role of faith in government.

  • Richard Perle serves on the United States Defense Policy Board and the former deputy Secretary Of Defense .

  • Lee Raymond , CEO of ExxonMobil , is the vice chair of AEI's board of trustees.

  • Sally Satel is a psychiatrist and author of ''PC, M.D.: How Political Correctness is Corrupting Medicine.''

  • Christina Hoff Sommers is a critic of the Feminist movement. She is the author of ''Who Stole Feminism'' and ''The War Against Boys''.

  • Fred Thompson , the current D.A. on '' Law & Order '' and former U.S. Senator from Tennessee, researches "National Security & Intelligence (China, North Korea, and Russia)" for the AEI.

  • Ben Wattenberg, a speechwriter for President Lyndon B. Johnson , is a senior fellow.

  • John Yoo , formerly of the Office Of Legal Counsel , and a professor at Boalt Hall , is a visiting scholar.



FUNDERS

AEI has received more than $30 million in funding from sources including the following:


GOVERNANCE

The AEI is governed by a , Harian Crow , Chris DeMuth , Morton Fleischer , Chris Galvin , Raymond Gilmartin , Harvey Golub , Robert Greenhill , Roger Hertog , Martin Koffel , John Luke , Ben Lytle , Alex Mandl , Robert Pritzker , Joe Ricketts , Kevin Rollins , John W. Rowe , Edward Rust , William Stavropoulos , Wilson Taylor , Marilyn Ware , and James Q. Wilson .

Emeritus trustees of the organization are: Willard Butcher , Richard Madden , Robert Malott , Paul McCracken , Paul Oreffice , and Henry Wendt .


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