page_title: Manhattan Institute for Policy Research
section_title: Programs
hierarchical_section_title: Manhattan Institute for Policy Research / Programs
caption_attribution_description: English: George W. Bush at Manhattan Institute sponsored speech at Federal Hall on November 13, 2008
context_page_description: The Manhattan Institute for Policy Research is a conservative 501 non-profit American think tank focused on domestic policy and urban affairs, established in New York City in 1977 by Antony Fisher and William J. Casey. The organization describes its mission as to "develop and disseminate new ideas that foster greater economic choice and individual responsibility". Its message is communicated through books, articles, interviews, speeches, op-eds, and through the institute's quarterly publication City Journal. In general, the Manhattan Institute promotes free-market economics.
context_section_description: The institute founded its quarterly magazine on urban policy and culture called City Journal in 1990. As of 2018, it is edited by Brian C. Anderson, and notable contributors include Heather Mac Donald, Theodore Dalrymple, Nicole Gelinas, Steven Malanga, Edward L. Glaeser, Kay Hymowitz, Victor Davis Hanson, Judith Miller, and John Tierney. It has been described as "one of America's most successful journals of urban affairs".
  The Adam Smith Society was founded by the institute in 2011. The organization is a nationwide chapter-based association of business school students to promote discussion about the moral, social, and economic benefits of capitalism. As of 2018, the organization had nine professional chapters, located in Austin, Boston, Chicago, Dallas, Houston, London, New York City, San Francisco, and Washington D.C., and 33 student chapters at most of the top business schools across the country, including the Stanford Graduate School of Business, University of Chicago Booth School of Business, and the Wharton School of the University of Pennsylvania.
  Created in 2006, the institute's Veritas Fund for Higher Education was a donor advised fund that invested in universities and professors who are committed to bringing intellectual pluralism to their institutions. The fund invested in courses related to western civilization, the American founding, and political economy.
  The institute formed its Project FDA in 2006 to focus on ways to improve FDA regulations and create a faster, safer drug and medical-device pipeline. Notable members of the committee include former FDA commissioner Andrew C. von Eschenbach and former Oklahoma senator (now Institute senior fellow) Tom Coburn.
  In 2007, the institute introduced its Young Leaders Circle, providing New York's young professionals with a forum to discuss policy ideas, cultural issues, and public affairs. The group hosts regular events with prominent speakers which have included Rupert Murdoch, Tom Wolfe, Ken Mehlman, William Bratton, and many others.
  Economics21 (E21) joined the institute in 2013 as the organization's Washington-based research center focused on economic issues and innovative policy solutions, led by the former chief economist of the U.S. Department of Labor during the Reagan administration, Diana Furchtgott-Roth. E21 has a partnership with the Shadow Open Market Committee, which was established in 2009, prior to its association with the institute. The independent group of economists meet twice a year to evaluate the policy choices and actions of the Federal Reserve's Open Market Committee. E21 partners with the Shadow Open Market Committee (SOMC), an independent group of economists, first organized in 1973 by Professors Karl Brunner, from the University of Rochester, and Allan Meltzer, from Carnegie Mellon University, to provide a monetarist alternative to the views on monetary policy and its inflation effects then prevailing at the Federal Reserve and within the economics profession. Its original objective was to evaluate the policy choices and actions of the Federal Open Market Committee (FOMC), but has since broadened its scope to cover a wide range of macroeconomic policy issues. With members drawn from academic institutions and private organizations, the committee meets semi-annually and publishes position papers on its website.
  In 2015, the institute launched SchoolGrades.org, claiming that it was the only grading system that uses a rigorous, common standard to compare schools across the U.S.—accounting for differences in academic standards across states and each school's unique economic profile to provide a comprehensive picture of school performance in core subjects. The institute also launched The Beat in 2015. The Beat is an email that focuses on issues that matter most to New York, drawing on the work of Manhattan Institute scholars: transportation, education, quality of life, and the local goings-on at City Hall.
  The Alexander Hamilton Award Dinner was created in 2001 to honor those individuals helping to foster the revitalization of our nation's citi
caption: President Bush addresses a meeting of the Manhattan Institute at Federal Hall National Memorial on November 13, 2008.
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