American Institute for Economic Research, Great Barrington – Week 5 – A New Year, a New Internship

Callum Hudson

It was New Year’s Eve and I was at the centre of the world, New York City.  Unfortunately, my luck of decent weather had run out and the rain was pouring down.  After debating with myself on where I should go to see the fireworks and ring in the new year, Times Square? Central Park? Ellis Island? I decided to go to the iconic Brooklyn Bridge, despite the rain pouring down on me.  As the time came closer to midnight the bridge began filling up, with it being completely full by the time hand struck midnight and the fireworks began.  The experience of being in New York for New Year’s Eve was incredible and one that I will never forget. 

On Wednesday I caught the Amtrak Train to Hudson station, NY.  The scenery whilst on the train was breathtakingly beautiful.  After a two-hour train ride and a short drive Micha, another Mannkal Scholar, and I arrived at the American Institute for Economic Research (AIER).  AIER is an economic research institute that was founded in 1933 by E.C. Harwood.  The institute focuses on advocating for personal freedom, free enterprise, property rights, limited government and sound money.  AIER has some of the most famous economists from the libertarian movement such as Edward Stringham and Jeffrey Tucker.  The institute is situated on a large block of land next to a magnificent lake in the countryside of Massachusetts.  Next to the office building is a beautiful old-style stone house which many of the staff, interns (including myself) and research fellows stay.  Micha and I will be interning at AIER for the next two months. 

I will be spending the majority of my time at AIER working with economist Phillip Magness.  Mr Magness’s research focuses on economic history and the political economy, including taxation, trade and inequality.  The first two days of my internship I spent reading some of Mr Magness’s current work to get up to speed.  Mr Magness and the AIER staff have some amazing work planned for the next few months which means there is plenty for me to do and lots for me to learn. I am greatly looking forward to the next two months.