Business: The Other Think Tank

G.O.P. government in exile

Ever since New Deal days, the Brookings Institution has wielded immense influence in Washington's corridors of power as the nation's pre-eminent liberal think tank—to the discomfort of conservatives who respected its solidly researched studies of wide-ranging economic issues enough to wish that their side could produce equally good ones. Now it can, through the American Enterprise Institute for Public Policy Research. The Washington-based A.E.I., founded back in 1943, long languished in obscurity, but during the 1970s it has steadily gained enough intellectual weight to become a sort of Republican...

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