It’s a Disservice to Urge Young People To Become Entrepreneurs
The legend of the twenty-something business wunderkind is everywhere in pop culture. Here’s the problem. The data are in. It turns out that the whole thing is a gigantic myth.
Jeffrey A. Tucker – November 15, 2019
Retail Spending Suggests Caution
Core retail sales were weak in October adding to concern about the economy. However, continued economic expansion remains the most likely path.
The Great Lesson of Vision Fund
A central plan is not a business plan. Even a private sector central plan is doomed to fail.
Actually, We Could Just Flip the Switch
Such a law would ensure that every regulation was scrutinized at least once every twenty years and automatically eliminate all those that no agency thought important enough to subject to review.
November Business Conditions Monthly
AIER’s Leading Indicators index held steady in October, remaining slightly above neutral. Slow growth continues as economy remains vulnerable.
The Times’s Editorial Page Lies with Statistics
When debating tax policy it is important to use empirical evidence to inform the discussion of what rates the top earners currently pay and what rates we would like them to pay, or if a rate change is even warranted at all.
There Need Not Be a Great Confrontation with China
American businesses plainly see in China what the chattering classes don’t.
Five Myths Propagated by Local-Food Activists
By promoting the increased production of local food that does not offer a compelling quality/price ratio while shunning modern production and processing technologies, activists ensured that our food supply would become more expensive, environmentally damaging, and hazardous to our health .
The Birth of the Deep State: A History
The Pendleton Civil Service Reform Act (1883) created a merit-based system of examinations and other requirements, and a salaried class of government employees.
Wide-spread Increases Boost Everyday Price Index in October
AIER’s Everyday Price Index rose 0.4 percent in October, reversing back-to-back declines. Increases were widespread for the month. However, over the past 12 months, the index is up just 0.2 percent and over the past five years, the annualized gain is j …
The Struggle to Get Education Away from the State
Education reform is a perennial hot-button issue, with teachers’ unions like the American Federation of Teachers and the National Education Association spending vast sums to elect their preferred candidates and lobby them for reforms they find favorabl …
What’s the Difference Between Michael Burry and Alexander Fordyce?
Being correct about events in financial markets requires you to be qualitatively correct about the direction — the “what” — as well as financing your errors about the “when.”
Proof That Tariffs Flood the Swamp
Recently talking from the Senate floor, Senator Charles Grassley (R-IA) candidly acknowledged what most AIER readers have known for a long time: politicians are influenced by special interest groups, and, in many cases, this influence prevents them fro …
Programs
Sound Money Project
Research on monetary stability and financial privacy.
The Bastiat Society
Global network of business professionals committed to advancing free trade, individual freedom, and responsible governance.
Academic Opportunities
From internships to week-long colloquia, AIER offers a variety of opportunities for professionals and students alike.
