Daily Economy Articles

Saturday, July 20, 2019
Out of all the areas of economics, monetary policy and its impact on the macroeconomy might be the one that receives the most attention among non-economists.
Saturday, July 20, 2019
What right have any politicians to intervene in voluntary wage bargains?
Friday, July 19, 2019
My posterity, my son, does not feel blessed by the laws of New Jersey that prevent him from exercising his liberty by finding employment of mutual benefit to himself and his employer.
Friday, July 19, 2019
You’re not spreading prosperity when you choose the labor-intensive option just because it’s labor intensive. You’re actually wasting resources.
Thursday, July 18, 2019
In the early- and mid-20th century, systemic racism often meant that African American communities were excluded from government welfare programs. In the face of this injustice, we see numerous examples of communities stepping up to take care of each other when government officials turned the other...
Thursday, July 18, 2019
Should we study and learn from the past? Of course we should. Should we yearn for the past, seek to return there, and perhaps undo the progress of the last several centuries? Of course we shouldn’t.
Thursday, July 18, 2019
Simon Newcomb’s conclusions, after a century and a half more of failed government interferences of almost every imaginable form and type, stand as even more reasonable than when he penned them: those in government should simply leave people alone.
Thursday, July 18, 2019
In the meantime, government officials across the country should think long and hard before passing new regulations that would further add to the regulatory burden, making it even harder for young adults to become homeowners.
Wednesday, July 17, 2019
With more student forgiveness and "free college" policies in-store, presidential candidates are sure to make a government-created mess a catastrophe.
Wednesday, July 17, 2019
A new study of student attitudes about socialism and capitalism provides strong confirmation of the echo chamber effect taking hold in the humanities.
Wednesday, July 17, 2019
If the current path is maintained (and quite possibly even if it isn’t), the future belongs to truly “dependable and reliable” monetary media: cryptocurrencies and precious metals
Wednesday, July 17, 2019
Or in the musical context, the capitalist achievement consists not of softer seats at the opera for the king and queen but access to a practically infinite library for pennies a day.
Wednesday, July 17, 2019
A government money monopoly, writes Judy Shelton, "invites a more sinister abuse of government power - even tyranny - as government precludes market entry to alternative issuers."
Tuesday, July 16, 2019
Retail sales and industrial production improved in June, but data for the economy remain mixed. Overall, continued economic expansion remains the most likely path, but caution is warranted.
Tuesday, July 16, 2019
Bosses are part of firms, which are hierarchies, small self-contained networks of command within the larger system of market chaotic and unplanned market processes.
Tuesday, July 16, 2019
Should I ever have the chance to meet Faye Lewis, I will soundly congratulate her for her fabulous striving, for her inevitably imperfect, yet wildly-admirable journey.
Monday, July 15, 2019
Campus health plans have caught a serious case of progressivism
Monday, July 15, 2019
Two main forces behind AIER's publishing mission speak to the Lions of Liberty about the books, the trials, and the opportunities of making great literature sing. 
Monday, July 15, 2019
When comes to spending, there are no adults in the house, only a bunch of spending addicts.
Monday, July 15, 2019
Keynesians believe that during recessions lunches really are free.
Sunday, July 14, 2019
Let’s just try a mental experiment. Let’s regard the players on the team as some seem to regard themselves, exploited and underpaid. The same claims are made for many people around the world. The commonly proposed solution is the boycott.
Sunday, July 14, 2019
It is the perfect time for Powell to set right the financial sector and establish a return to normalcy.
Saturday, July 13, 2019
When asked about how fans can support the fight for equal pay, Rapinoe basically said that fans could pay them more.
Friday, July 12, 2019
Edward Stringham addresses the trade war and the mistaken notion of the trade deficit, speaking on BBC. 
Friday, July 12, 2019
A recession could be coming tomorrow, or it could be coming in 10 years. The point is, we don’t know. 
Friday, July 12, 2019
AIER’s Leading Indicators index was unchanged in June, holding at the neutral reading of 50. The Lagging Indicators index was also unchanged in the latest month, repeating the May result of 42. The Roughly Coincident Indicators index fell for a second straight month, to 58 (see chart). The back-to-...
Friday, July 12, 2019
We aren’t respecting others’ liberty, dignity, and autonomy as independent and independently valuable moral agents when we coerce them.
Thursday, July 11, 2019
AIER’s Everyday Price Index fell 0.4 percent in June reversing a 0.4 percent rise in May. The more widely known price gauge, the Consumer Price Index was unchanged in June. The EPI measures price changes people see in everyday purchases such as groceries, restaurant meals, gasoline, and utilities....
Thursday, July 11, 2019
This cartoon has some surprisingly sound arguments on social issues and economics. 
Thursday, July 11, 2019
Let us at least learn from the real-time history and experiment in process right now. Let us look at the facts and compare them with the promised results.
Thursday, July 11, 2019
Many laws and regulations create direct or indirect barriers to the emergence of new ideas and organizations.
Thursday, July 11, 2019
A philanthropist donated $5 million to create professorships in Austrian economics. The university used it to hire faculty in other fields.
Thursday, July 11, 2019
Entrepreneurs from around the world (including China) want to “steal” or imitate the clever doings of creative minds in the U.S because the U.S. is the most prosperous and creative nation in the world. Pundits view this as a threat, think we should empower the federal government to penalize the...
Thursday, July 11, 2019
The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home. AIER President Edward Stringham joins Bloomberg to give his insight.
Wednesday, July 10, 2019
The idea of inevitability does not mix well with the logic of markets. We need markets and competition precisely because as human beings we have nowhere near the information or capacity necessary to make deterministic statements about the future.
Wednesday, July 10, 2019
There should be as much contact and trade as possible between people and no more formal contact between governments than necessary.
Wednesday, July 10, 2019
Trading is the very soul of the market economy. Taxing it is a sure path to killing that soul.
Tuesday, July 9, 2019
Small-business confidence and job openings eased back but remain at high levels. Both are positive signs for the economy despite the high level of uncertainty caused by erratic and uncertain policy.
Tuesday, July 9, 2019
Empirically, the socialist record is one of dismal and at times murderous failure. Why, then, do intellectuals, scholars, and commentators continue in their romantic attachment to it?

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