Astral Codex Ten

American Enterprise Institute

4 min read

American Enterprise Institute

Article

American Enterprise Institute is a recurring organization in the Astral Codex Ten archive, appearing 2 times across 2 issues between May 04, 2021 and December 09, 2021. The archive places it in contexts such as “and the American Enterprise Institute”; ""Here’s a map of land prices across America’s 100 largest metro areas, courtesy of the American Enterprise Institute."". It most often appears alongside Britain, China, Milton Friedman.

Metadata

  • Category: Organizations
  • Mention count: 2
  • Issue count: 2
  • First seen: May 04, 2021
  • Last seen: December 09, 2021

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

Book Review: A Brief History Of Neoliberalism
May 04, 2021 · Original source
How directly influential this appeal to engage in class war was, is hard to tell. But we do know that the American Chamber of Commerce subsequently expanded its base from around 60,000 firms in 1972 to over a quarter of a million ten years later. Jointly with the National Association of Manufacturers (which moved to Washington in 1972) it amassed an immense campaign chest to lobby Congress and engage in research. The Business Roundtable, an organization of CEOs ‘committed to the aggressive pursuit of political power for the corporation’, was founded in 1972 and thereafter became the centrepiece of collective pro-business action. The corporations involved accounted for ‘about one half of the GNP of the United States’ during the 1970s, and they spent close to $900 million annually (a huge amount at that time) on political matters. Think-tanks, such as the Heritage Foundation, the Hoover Institute, the Center for the Study of American Business, and the American Enterprise Institute, were formed with corporate backing both to polemicize and, when necessary, as in the case of the National Bureau of Economic Research, to construct serious technical and empirical studies and political-philosophical arguments broadly in support of neoliberal policies. Nearly half the financing for the highly respected NBER came from the leading companies in the Fortune 500 list. Closely integrated with the academic community, the NBER was to have a very significant impact on thinking in the economics departments and business schools of the major research universities. With abundant finance furnished by wealthy individuals (such as the brewer Joseph Coors, who later became a member of Reagan’s ‘kitchen cabinet’) and their foundations (for example Olin, Scaife, Smith Richardson, Pew Charitable Trust), a flood of tracts and books, with Nozick’s Anarchy State and Utopia perhaps the most widely read and appreciated, emerged espousing neoliberal values. A TV version of Milton Friedman’s Free to Choose was funded with a grant from Scaife in 1977. ‘Business was’, Blyth concludes, ‘learning to spend as a class.’
Does Georgism Work? Part 1: Is Land Really A Big Deal?
December 09, 2021 · Original source
Here's a map of land prices across America's 100 largest metro areas, courtesy of the American Enterprise Institute. Notice that the most valuable properties are situated in coastal urban areas.
Source: American Enterprise Institute (methodology) Here's the same map but for land share–the percentage of a property's value that's due solely to the land. If you build a shack in the desert, nearly 100% of the property's value will come from the shack, because the land is worthless. But if you build a shack in San Francisco, nearly all of the property's value will come from the land. Notice how the land share gets closer to 100% as you move towards big cities along the coast.
Inline links: American Enterprise Institute, methodology
Even so, maybe you don't trust the American Enterprise Institute's figures and want to hear from some other people.