Why Is the System Rigged?

It’s crazy season, that special time on the American calendar when aspiring candidates for the nation’s highest office try to outdo each other in an effort to attract more voters to their platforms. This time around, background support is provided by a …

Bruce Yandle – December 13, 2019
Retail sales

Holiday Spending Off to a Modest Start

Preliminary estimates suggest retail sales were modest in November implying slow growth remains the most likely path.

– December 13, 2019

Do We Treat Children Worse than Dogs?

In a typical AOC fashion, she went on a rant about how the free market treated “women and people who give birth” (whomever those non-women giving birth are) worse than we treat puppies. Why?

– December 13, 2019

Technology Has Made Flexible Work Possible, and That’s Wonderful

When I got my first summer job, my coworkers and I were paid the same hourly wage. Doing sales and booking in three languages for a shipping company, we spent our days mostly managing fares and talking to calling customers over the phone (this job has …

– December 13, 2019
AIER Leading Indicators Index

December Business Conditions Monthly

The AIER Leading Indicators index posted a small gain in November but remains close to neutral, supporting a cautious outlook.

– December 12, 2019
Initial Claims

Initial Claims Rose Sharply but the Labor Market Remains Tight

Weekly initial claims jumped but the data tend to be quite volatile, especially around the holidays. Overall, the labor market remains tight.

– December 12, 2019

Growth Is Good

In his 2018 book Stubborn Attachments, Tyler Cowen defends a thesis that is likely to be as unpopular as it is misunderstood: over the long run, differences in growth rates swamp just about everything. Therefore, increased economic growth is a moral im …

– December 12, 2019

The FCC’s Treatment of Huawei Is a Tremendous Embarrassment

It’s said about Baltimore Ravens quarterback Lamar Jackson that he’s a particularly challenging opponent. With Jackson there’s no preparing for the run or pass; rather there’s preparing for the run, pass, along with the horrifying possibility that Jack …

– December 12, 2019
Everyday Price Index

Gas and Apparel Pull Everyday Prices Down in November

AIER’s Everyday Price Index fell 0.1 percent in November after posting a 0.4 percent increase in October. Overall, net changes in the Everyday Price Index remain modest.

– December 11, 2019

Manual Labor Will Be Revived

In fact, one outcome of AI and automation may well be a revival of manual labor and of the traditional working class — maybe becoming more like an artisan class again.

– December 11, 2019

Wasserman’s Twisted Tale About the Austrian School of Economics

If you approach the topic with a presumption that the Austrians were shilling for capital as understood in a Marxian-style dialectic, you miss the entire point of the school of thought and its contribution.

– December 11, 2019

Why Passenger Railways are Terrible and Freight Railways are Amazing

American railways are the envy of the world.  Many might shake a collective head at that statement. In the case of passenger rail that is an appropriate reaction. Since it was pieced together – a government-constructed Franken-rail system built of …

– December 11, 2019
NFIB Small Business Optimism

Small-Business Optimism Rose in November

Small-business confidence rose in November despite concerns over labor shortages.

– December 10, 2019

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