From American Enterprise Institute <[email protected]>
Subject Iran Can’t Hold the World Hostage
Date March 21, 2026 11:04 AM
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AEI This Week

AEI's weekly digest of top commentary and scholarship on the issues that matter most

STRATEGIC ERRORS AND THEIR CONSEQUENCES

Iran Can't Hold the World Hostage

March 21, 2026

As the war in Iran enters its third week, the Islamic Republic has attempted to pressure the US and its allies by closing the Strait of Hormuz and attacking energy production in the region. Writing in The Wall Street Journal, Matthew Continetti explains ([link removed] ) why Iran’s actions since the start of the war only strengthen the case for American efforts to collapse the regime.

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In recent years, the Supreme Court has largely abandoned the use of often ambiguous legislative history to interpret statutory language, as justices across the ideological spectrum have embraced Justice Antonin Scalia’s textualist methodology. However, in a new essay for SCOTUSblog, Adam J. White draws attention ([link removed] ) to Justice Ketanji Brown Jackson’s overlooked concurrence in the tariff case to warn that textualism’s opponents may be gaining new steam in a post-Chevron world.

The economic burden of child-rearing is front-loaded, but the most important federal support for families—the child tax credit (CTC)—is distributed in even, annual payments of $2,200 across the first 17 years of a child’s life. As Congress considers a second reconciliation package, AEI welfare expert Matt Weidinger and Katharine B. Stevens propose ([link removed] ) giving parents the option to draw future CTC payments forward to better support child-rearing without increasing federal spending.

How much can promoting economic growth reduce the federal budget deficit? In a research paper in Entrepreneurship and Innovation Policy and the Economy, R. Glenn Hubbard and coauthors assess ([link removed] ) the potential effects of seven types of pro-growth economic policies on the United States’ fiscal imbalances.

As the capabilities of artificial intelligence expand, the temptation for it to supplant the human element in politics will grow. Philip Wallach considers ([link removed] ) Albania’s recent experiment with an artificial intelligence minister to weigh the broader consequences of this trend.

Contending with American Exceptionalism

America’s history and especially its foreign policy have been shaped by Americans’ sense of their own nation’s exceptional nature and mission. But the global leadership driven by this sense of mission has been increasingly challenged by the transactional foreign policy pursued by the current administration. In her new book Contending with American Exceptionalism, AEI Foreign and Defense Policy Studies Director Kori Schake evaluates ([link removed] ) these trends, drawing from her own experience at the Pentagon and National Security Council, and warns that the United States is at risk of undermining the sources of its own power. America’s political, economic, cultural, and diplomatic exceptionalism has generated positive outcomes for our country and the world, but a foreign policy that repudiates these advantages to pursue pure self-interest or stubborn isolation will create damage that could take decades to repair.

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QUOTE OF THE WEEK

Federal rental housing assistance is badly in need of reform. It is expensive, unfair, and ineffective at promoting upward mobility. HUD’s proposed rule would go a long way toward empowering communities to address the program’s problems.

—Kevin Corinth ([link removed] )

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