The Shadow Financial Regulatory Committee works to identify and analyze developing trends and ongoing events that promise to affect the efficiency and safe operation of sectors of the financial services industry; explore the spectrum of short- and long-term implications of emerging problems and policy changes; help develop private, regulatory and legislative responses to such problems that promote efficiency and safety and further the public interest; and to assess and respond to proposed and actual public policy initiatives with respect to the impact on the public interest.

If the experience of the past five years means anything, it is that the war for the greater Middle East is most likely to be fought at close range.

Bell company entryintolong-distance markets has produced substantial consumer-welfare benefits in New York and Texasin the form of lower prices for long-distance service.

The price-per-minute of calls delivers a useful metric of how governmentsinterfere with people's economic well-being and, literally, freedom of speech.

This book examines the effect of regulation on competition in long-distance telephone markets after the 1984 breakup of the Bell System.

On Dec. 14, 2011, President Obama proudly proclaimed the “end” to the Iraq war, announcing that “there is something profound about the end of a war that has lasted so long." For nearly a decade, AEI scholars have written on the conduct of the Iraq war, the foundations of the invasion and the prospects for a postwar Iraq.

There can be an appropriate place for government subsidies to influence the choice of vehicle fuel technology. But such choices should be subject to rigorous cost benefit analysis with a high threshold for approval.

Does America need long-distance trains? Is Amtrak politically invulnerable? Is Amtrak needed in case of a terror attack on airlines?