Beacon Hill Institute
Encyclopedia
The Beacon Hill Institute (BHI) is the research arm of the Department of Economics at Suffolk University
Suffolk University
Suffolk University is a private, non-sectarian, university located in Boston, Massachusetts and with over 16,000 students it is the third largest university in Boston...

 in Boston
Boston
Boston is the capital of and largest city in Massachusetts, and is one of the oldest cities in the United States. The largest city in New England, Boston is regarded as the unofficial "Capital of New England" for its economic and cultural impact on the entire New England region. The city proper had...

. It was founded in 1991 by businessman and Republican politician Ray Shamie
Ray Shamie
Raymond Shamie was an American politician from the state of Massachusetts. Born in Brooklyn, New York, he was twice a Massachusetts Republican nominee for the United States Senate, and served as the chairman of the Massachusetts Republican Party from 1987 to 1991.In 1982, Shamie, a millionaire...

. The institute, considered to be fiscally conservative, draws on faculty and student resources to analyze issues. They distribute research to interested citizens and to opinion leaders and policy makers through various print and electronic media
Electronic media
Electronic media are media that use electronics or electromechanical energy for the end-user to access the content. This is in contrast to static media , which today are most often created electronically, but don't require electronics to be accessed by the end-user in the printed form...

, including its quarterly newsletter, BHI NewsLink; policy studies; BHI FaxSheets; policy forums; opinion editorials; radio and TV interviews; and its web site.

The institute describes itself as "grounded in the principles of limited government
Limited government
Limited government is a government which anything more than minimal governmental intervention in personal liberties and the economy is generally disallowed by law, usually in a written constitution. It is written in the United States Constitution in Article 1, Section 8...

, fiscal responsibility and free markets", and has accepted funding in recent years from conservative foundations such as the Castle Rock Foundation
Castle Rock Foundation
The Castle Rock Foundation is a conservative foundation started in 1993 with an endowment of $36.6M from the Adolph Coors Foundation. It ranked as Colorado's 15th largest foundation by assets at the end of 2001...

 (funded by the Coors
Coors Brewing Company
The Coors Brewing Company is a regional division of the world's fifth-largest brewing company, the Canadian Molson Coors Brewing Company and is the third-largest brewer in the United States...

 family) and the Lynde and Harry Bradley Foundation
Bradley Foundation
The Lynde and Harry Bradley Foundation, based in Milwaukee, Wisconsin, is a conservative foundation with about half a billion US dollars in assets. According to the Bradley Foundation 1998 Annual Report, it gives away more than $30 million per year...

.

BHI publications and events have been the subject of more than 1,000 reports, stories and opinion pieces in major newspapers and magazines throughout the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, including The Boston Globe
The Boston Globe
The Boston Globe is an American daily newspaper based in Boston, Massachusetts. The Boston Globe has been owned by The New York Times Company since 1993...

, Boston Herald
Boston Herald
The Boston Herald is a daily newspaper that serves Boston, Massachusetts, United States, and its surrounding area. It was started in 1846 and is one of the oldest daily newspapers in the United States...

, Christian Science Monitor, The Chronicle of Philanthropy
The Chronicle of Philanthropy
The Chronicle of Philanthropy is a biweekly newspaper that covers the nonprofit world. Based in Washington, DC, it is the top news source for charity leaders, foundation executives, fund raisers, and other people involved in philanthropy...

, Financial Times
Financial Times
The Financial Times is an international business newspaper. It is a morning daily newspaper published in London and printed in 24 cities around the world. Its primary rival is the Wall Street Journal, published in New York City....

, Los Angeles Times
Los Angeles Times
The Los Angeles Times is a daily newspaper published in Los Angeles, California, since 1881. It was the second-largest metropolitan newspaper in circulation in the United States in 2008 and the fourth most widely distributed newspaper in the country....

, New Republic
The New Republic
The magazine has also published two articles concerning income inequality, largely criticizing conservative economists for their attempts to deny the existence or negative effect increasing income inequality is having on the United States...

, Newsweek
Newsweek
Newsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...

, The New York Times
The New York Times
The New York Times is an American daily newspaper founded and continuously published in New York City since 1851. The New York Times has won 106 Pulitzer Prizes, the most of any news organization...

, U.S. News and World Report, Wall Street Journal and Washington Times. Coverage in the electronic media includes ABC World News Tonight, C-SPAN
C-SPAN
C-SPAN , an acronym for Cable-Satellite Public Affairs Network, is an American cable television network that offers coverage of federal government proceedings and other public affairs programming via its three television channels , one radio station and a group of websites that provide streaming...

, CBS Evening News
CBS Evening News
CBS Evening News is the flagship nightly television news program of the American television network CBS. The network has broadcast this program since 1948, and has used the CBS Evening News title since 1963....

, CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...

, Fox News, MSNBC
MSNBC
MSNBC is a cable news channel based in the United States available in the US, Germany , South Africa, the Middle East and Canada...

, National Public Radio and all major Boston radio and TV stations as well as AP
Associated Press
The Associated Press is an American news agency. The AP is a cooperative owned by its contributing newspapers, radio and television stations in the United States, which both contribute stories to the AP and use material written by its staff journalists...

, UPI, Reuters
Reuters
Reuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...

, and Bloomberg
Bloomberg L.P.
Bloomberg L.P. is an American privately held financial software, media, and data company. Bloomberg makes up one third of the $16 billion global financial data market with estimated revenue of $6.9 billion. Bloomberg L.P...

 wire services.

BHI specializes in the development of state-of-the-art economic and statistical models for policy analysis. Prominent academic members of the Institute include author and estate law expert Charles Rounds, Jr..
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