Will Trump accounts and grandparent 529s bring down the price of college in the future?

Monetary Policy Summary, July 2026 At its meeting ending on 29 July 2026, the Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate at 3.75%. Three members voted to increase Bank Rate by 0.25 percentage points, to 4%. In response to events in the Middle East, crude and refined energy…

A longstanding law generally bars immigration by any person who, in the “opinion” of the government, “is likely at any time to become a public charge.” This law, commonly called the public charge rule, seeks to prevent potential immigrants from imposing undue fiscal burdens on American taxpayers. In a previous blog post, I discussed the Trump…

In the five months since the Iran war began on Feb. 28, each pause in fighting has underscored the complexities of ending it. The June 17 memorandum of understanding opened a 60-day negotiating period over the Strait of Hormuz, sanctions and Iran’s nuclear and missile programs, but frayed within weeks as Iranian attacks on shipping…

The opportunities for IMAX are not abundant in the Aegean Sea, which explains why I have not yet seen Christopher Nolan’s latest film. Marvel as I may at the sharp differences in opinion found in the dozens of pre- and post-release commentaries, including by three of my colleagues at AEI, I am in no position to weigh in on its…

Individuals may fail to recall and use information they already know when making decisions. We empirically investigate whether such “retrieval failures” distort consumption smoothing behavior among Zambian farmers, who derive their income from one annual harvest and then spend it down over the course of the year. We document that individuals underestimate upcoming spending by…