AEI's research on economic development dates back to the early days of the institute. P. T. Bauer authored a monograph on development in India in 1959, and Edward Banfield published a booklet on the theory behind foreign aid in 1970. Since 2001, AEI has sponsored the Henry Wendt Lecture in International Development, named for Henry Wendt, an AEI trustee emeritus and former CEO of SmithKline Beckman. Notable lecturers have included Angus Maddison and Deepak Lal.
AEI's research on economic development dates back to the early days of the institute. P T. Bauer authored a monograph on development in India in 1959, and Edward Banfield published a booklet on the theory behind foreign aid in 1970. Since 2001, AEI has sponsored the Henry Wendt Lecture in International Development, named for Henry Wendt, an AEI trustee emeritus and former CEO of SmithKline Beckman. Notable lecturers have included Angus Maddison and Deepak Lal.