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Economics

The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

Faith and Public Life | November 16, 2018 | Economics, Politics, Society, Young Scholars

The Benefits Cliff and Labor Supply: Lessons from Behavioral Economics

Standard economic theory relies on the assumption that we make choices rationally. Besides the disagreement surrounding the definition of rationality itself, there is growing evidence that suggests our behavior actually is not always rational. While it seems...

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2018 Values & Capitalism Fall Summit

Faith and Public Life | November 16, 2018 | Economics, Event Highlight, Events, Faith, Favorite Events, Politics, Recent Events

2018 Values & Capitalism Fall Summit

On September 28, 2018, Values & Capitalism hosted its fifth annual Fall Summit at AEI’s headquarters in Washington, DC. Each year, Values & Capitalism brings together around 100 students and professors from schools across the country to hear from leading...

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Capitalism and Human Nature

Faith and Public Life | July 10, 2018 | Economics, Society, Summer Programs

Capitalism and Human Nature

From an early age, I “knew” what everyone seems to know about capitalism: It is great for the rich but not for the poor. In Nicaragua, where I grew up, a negative view of capitalism was the norm. The government’s harsh rhetoric on “imperialist capitalism” painted a...

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A Tale of Two Cities

Faith and Public Life | July 10, 2018 | Economics, Faith, Global Affairs, Politics, Poverty, Society, Summer Programs

A Tale of Two Cities

The city of Nogales is one of the few settlements that actually straddles the U.S.-Mexico border. In Nogales, Arizona, the average household income is $30,000. There is clean drinking water, the population has access to basic health care, and most children are in...

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Chasing Political Sunsets

Faith and Public Life | July 10, 2018 | Economics, Politics, Summer Programs

Chasing Political Sunsets

The American Enterprise Institute invited dozens of college students from all corners of the map—I met friends from Venezuela, Hong Kong, Malaysia, and France—to their headquarters in Washington, DC to join ranks in the fierce competition of ideas. Through the branch...

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2018–2019 Values & Capitalism Young Scholar Awards

Faith and Public Life | June 13, 2018 | Economics, Faith, Politics, Young Scholars

2018–2019 Values & Capitalism Young Scholar Awards

The Values & Capitalism Young Scholar Award program seeks to foster high-quality academic research and writing by awarding $5,000 scholarships to up to six undergraduate students—preferably rising juniors or seniors—studying public policy or economics. Students...

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