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  • Featured

    Adam Smith’s Three Steps to Prosperity

    Paul Mueller
    The Daily Economy

    Specialization fuels economic development, but institutions matter. What constrains trade from producing more value?

  • Podcast

    The Social Security “Lockbox” Myth with Romina Boccia

    Qualified Opinions

    As Social Security approaches its 90th anniversary, the program faces a looming identity crisis and a massive fiscal deadline. In this episode, host Veronique De Rugy sits down with Romina […]

  • Featured

    California’s Water Crisis Isn’t a Drought—It’s Bad Policy

    Mohamed Moutii
    The Daily Economy

    Decades of subsidies, mispricing, and politically protected water allocations have left households paying the highest costs while agriculture wastes the most.

  • What 122 Universal Basic Income Experiments Actually Show

    What 122 Universal Basic Income Experiments Actually Show

    Vance Ginn
    The Daily Economy

    After more than 100 pilots, the evidence shows that universal basic income does little to boost employment and risks unintended economic costs.

  • Bigger Isn’t Better: A Case for Downsizing the Federal Reserve

    Bigger Isn’t Better: A Case for Downsizing the Federal Reserve

    Paul Mueller
    The Daily Economy

    Does the Fed need 24,000 employees? A leaner, more automated institution could reduce costs and improve transparency.

  • Congress Knows It Has a Spending Problem, But Won’t Fix It

    Congress Knows It Has a Spending Problem, But Won’t Fix It

    Romina Boccia
    The Daily Economy

    Fiscal discipline is politically costly, but inaction will be disastrous. How can we restore sanity to federal budgeting?

  • Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail

    Interest Rate Caps Keep Coming Back — Bastiat Explained Why They Fail

    Nikolai G. Wenzel
    The Daily Economy

    Capital loaned out can’t be invested or consumed. Interest compensating the lender is merely “the price of time.”

  • Free Speech in the Digital Age: From Natural Right to Digital Credential

    Free Speech in the Digital Age: From Natural Right to Digital Credential

    Stefan Bartl
    The Daily Economy

    By regulating online speech and expanding digital ID systems, governments are turning the natural right to free expression into a licensed activity.

  • Reflections on Saturday Morning TV—and The Regulations That Ended It 

    Reflections on Saturday Morning TV—and The Regulations That Ended It 

    Paul McDonnold
    The Daily Economy

    Though Saturday morning television is gone, the regulatory complex it spawned remains.

Trade, National Security, and American Prosperity Conference

April 1, 2026 | 8:00 am – Afternoon
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1127 Connecticut Ave NW, Washington, DC 20036

Trade policy and its relationship to national security is now one of the most contentious issues in American politics, Congress and the administration are debating the growing use of tariffs as a tool of national security, as well as the downstream consequences for both economic growth and American alliances. This conference is designed to provide a serious, nonpartisan forum to discuss and debate those issues as well as possible ways forward.

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Student Programs

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AIER’s Internships are unparalleled professional opportunities for students considering careers in economic research, academia, or the private sector. They provide college students and recent graduates the opportunity to work closely with staff on projects that align with both their interests and AIER’s mission. Whether it’s contributing to scholarly research, policy analysis, editorial writing, or working in other departments, our interns gain invaluable exposure.

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  • Adam Smith’s Three Steps to Prosperity
    Adam Smith’s Three Steps to Prosperity
    Paul Mueller
  • California’s Water Crisis Isn’t a Drought—It’s Bad Policy
    California’s Water Crisis Isn’t a Drought—It’s Bad Policy
    Mohamed Moutii
  • Is America a Nation of Children?
    March 19, 2026
  • Jane Austen’s Virtuous Liberalism
    March 17, 2026
  • Of Tyrants and Tyranny
    March 13, 2026
  • Higher Ed’s Gravy Train is Coming to a Halt
    March 10, 2026
  • Do You Remember Forrest McDonald?
    March 5, 2026
  • On the Meaning of the American Propositions: A Reply to Casey Spinks
    February 26, 2026
  • A Majority for the Rule of Law
    February 24, 2026
  • The Last American Icon
    February 19, 2026

Podcasts

See All

  • The Social Security “Lockbox” Myth with Romina Boccia

    The Social Security “Lockbox” Myth with Romina Boccia

    Qualified Opinions
  • Strings Attached: How Federal Funding to States Transformed the American System

    Strings Attached: How Federal Funding to States Transformed the American System

    The Economist Next Door
  • Adam Smith at 250: Lessons on Markets, Morality, and Government

    Adam Smith at 250: Lessons on Markets, Morality, and Government

    The Economist Next Door
  • Modern Diplomacy and French Political Thought with Luke Foster

    Modern Diplomacy and French Political Thought with Luke Foster

    Qualified Opinions

Research

See All

  • Powell Pivots, Fed Cuts Rates as Jobs Market Weakens

    Powell Pivots, Fed Cuts Rates as Jobs Market Weakens

  • CBDCs Undermine Financial Privacy

    CBDCs Undermine Financial Privacy

    William J. Luther
  • Inflation Remained Below Target in August

    Inflation Remained Below Target in August

    William J. Luther
  • Fed Rate Cuts: Better Late than Never

    Fed Rate Cuts: Better Late than Never

    William J. Luther

Events

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  • Fusionism: Classical Liberals vs. Reactionaries?

    Fusionism: Classical Liberals vs. Reactionaries?

    March 25 @ 5:30 pm
Latest Release

Exploring the full range of conservative thought through conversations and debate.

There has never been conformity or unanimity among conservatives. Conservatism contains many different factions and varieties of thought. The Philadelphia Society has always been dedicated to fostering conversation. This volume is published in that spirit.

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