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American Enterprise Institute For Public Policy Research




The American Enterprise Institute for Public Policy Research (AEI) is a organization. It is supported primarily by grants and contributions from Foundations , Corporations , and individuals.

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

AEI has emerged as one of the leading architects of the second Paul Wolfowitz is a Visiting Scholar , and Lynne Cheney , wife of Vice President Dick Cheney and former chairman of the National Endowment For The Humanities , is a senior fellow. "Scholars and Fellows by Name" , ''American Enterprise Institute'', retrieved July 5, 2007.

AEI is often cited as a established the AEI-Brookings Joint Center for Regulatory Studies. "AEI-Brooking - About Us" , "AEI-Brookings Joint Center", retrieved April 8, 2006. In 2006, the two organizations jointly launched the AEI-Brookings Election Reform Project. "AEI-Brookings Election Reform Project"


NEOCONSERVATISM

AEI is closely associated with the , widely regarded as the movement's founder, is a Senior Fellow at AEI. Other current or former AEI staff who are prominent neoconservatives include Michael Novak and Richard Perle .


"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. "Irrational Exuberance, reconsidered" , "Wall Street Journal Online", retrieved April 8, 2006.

Greenspan's comments to AEI proved to be among his most notable, leading to significant debate over whether American stock evaluations were, in fact, overvalued and even to a book named for the comment, '' Irrational Exuberance ''. "Definition of Irrational Exuberance" , "Irrational Exuberance, 2nd Ed. Website", retrieved April 8, 2006.


GLOBAL WARMING