Daily Economy Articles

Sunday, September 22, 2019
Faced with this situation, individualist liberals have to walk a straight but narrow path. They should continue to uphold and articulate the individualist perspective on politics and society, clearly and simply, while also pursuing the intellectual agenda of exploring those insights and applying...
Sunday, September 22, 2019
The real story of anarchy – life without the state – is not one of chaos but the opposite: our failing as a civilization is that we probably have an overly competent propensity to create social systems of control from which we end up having to rebel from time to time. 
Saturday, September 21, 2019
When was the last time vast numbers of people commonly celebrated a domestic achievement of government? You have to go back a half century to the first moon landing.
Saturday, September 21, 2019
The greater the unwinding of the balance sheet, the greater will be the difficulty of servicing federal debt. This problem is on the horizon. It will be met by a combination of dollar devaluation, reduction of the budget, or default.
Friday, September 20, 2019
All too often, alternatives to government bans are difficult to name offhand not because they don’t exist but because we haven’t asked. Perhaps this is our opportunity to do better.
Friday, September 20, 2019
"I'm personally grateful to the research done by the scholars at AIER, without which I would not be prepared to speak about the Fed's actions in the repo market or the new OECD report downgrading global growth prospects. It's a wonderful team." ~ Jeffrey Tucker
Friday, September 20, 2019
If President Trump wants to lower the real cost of government debt, he should urge the Federal Reserve to increase nominal interest rates — not decrease them.
Friday, September 20, 2019
Donors to AIER know that it is not enough to fund the lesser of two evils; we also need to donate to the good to make the world a freer and better place. 
Thursday, September 19, 2019
You have heard, no doubt, that we are going to run out of oil. Is there any hope? Can we escape the calamity? Whatever might we hapless citizens do? This sounds like a job for … the Speculator!
Thursday, September 19, 2019
Economists frequently extol the virtues of currency devaluation as having some kind of positive economic impact, but they’ve plainly never talked to people in Argentina.
Thursday, September 19, 2019
Few of us even have true insurance, but rather just access to a giant paperwork mill.
Wednesday, September 18, 2019
Two recent surveys’ reporting that more than half of millennials identify as socialist should ring alarm bells for people who support free markets and individual liberty.
Wednesday, September 18, 2019
The Fed Repo headlines are worth watching, but not worth losing sleep over.
Wednesday, September 18, 2019
Prepaid debit cards issued by retailers like Walmart, the federal government, and banks like Green Dot and Comerica are providing unbanked Americans with a different but fully functional and cost-effective connection to the national payments system. 
Wednesday, September 18, 2019
Coercive policies extended beyond eugenic sterilization, forced and voluntary.
Tuesday, September 17, 2019
Industrial production rose in August, but the trend remains weak. Tariffs, erratic policy, and elevated uncertainty represent threats to the sector and the economy.
Tuesday, September 17, 2019
There are few government interventionist policies as likely to disrupt, distort, and imbalance the actions of tens of millions, indeed, hundreds of millions, of people dependent upon each other for the everyday things of life as much as price controls.
Tuesday, September 17, 2019
Even if we somehow magically made all the guns go away, a few of our laziest, dullest mass murders might be deterred, but many would deploy instead even deadlier and more indiscriminate weapons of mass murder. 
Monday, September 16, 2019
I’d take whatever Bernie Sanders calls socialism over accountable capitalism any day, because rather than starve the dynamic private sector of resources, Elizabeth Warren’s vision stifles the dynamism itself.
Monday, September 16, 2019
Bitcoin is as much a product of spontaneous order as gold; it arose of unrelated innovations in several fields, each coming from different minds and institutions with wholly unrelated objectives.
Monday, September 16, 2019
Democratic voting gives no individual any influence whatsoever over the manner in which he or she is treated, or how he or she fares, in society.
Sunday, September 15, 2019
Let’s go easy on the young. There is nothing wrong with being spoiled. We all are. What’s inexcusable is the ignorance that drives us to take it all for granted and utterly fail to understand the source of the greatness of our lives and opportunities.
Sunday, September 15, 2019
If enough people discover and rediscover the timeless truths in the pages of Human Action, the ideas of Ludwig von Mises may well assist us in stemming the growing tide toward an even larger leviathan state that dangerously looms in front of us.
Sunday, September 15, 2019
My friend’s letter captures the essential reason why higher education today provides students with relatively low value, i.e., high cost for the minimal skills created: many colleges and universities reward conformity instead of productivity, and collegiality over competition.
Sunday, September 15, 2019
Following the last few years of record-low yields, first on government debt and more recently on private sector debt, we have seen an unexpected twist: the renewal of this long-dead market.
Friday, September 13, 2019
When nothing is open and people need access to important goods, private companies, charities, and neighbors step up — not government agencies. 
Friday, September 13, 2019
Retail sales improved in August, but data for the economy remain mixed. Overall, continued economic expansion remains the most likely path, but caution is warranted.
Friday, September 13, 2019
You can kill the process of innovation, and harm the very workers you think you are trying to help. California has made a terrible mistake.
Friday, September 13, 2019
Far from improving college affordability, the empirical evidence reveals that federal student aid does not do much to make college more affordable and might actually be increasing costs. 
Thursday, September 12, 2019
Every story needs a villain, and the most popular villain recently in economic policy circles is automation.
Thursday, September 12, 2019
Government has an uncanny way of taking a good practice in the private sector and ruining in. 
Thursday, September 12, 2019
AIER’s leading indicators index rose in August, moving slightly above neutral; consumers remain key. AIER’s Business Cycle Conditions Leading Indicators index posted a gain in August, rising to 58 following a dip below neutral in July. The Roughly Coincident Indicators index rose to 83 while the...
Thursday, September 12, 2019
The Consumer Price Index rose 0.1 percent in August as falling energy prices mask accelerating core prices.
Thursday, September 12, 2019
AIER’s Everyday Price Index fell 0.5 percent in August, the second decline in the past three months. Over the past 12 months, the EPI is down 0.1 percent, the first 12-month decline since February and down sharply from the 3.7 percent increase for the 12 months through June 2018. The more widely...
Thursday, September 12, 2019
As stablecoins develop, mature, and have increased adoption, they might not be driving continued innovation in the crypto space so much as simply rehashing current ideas in a new package.
Wednesday, September 11, 2019
The depressing data actually amounts to a fantastic opportunity for those who choose to take advantage of it. 
Wednesday, September 11, 2019
Participants of the 1619 Project evince little awareness of the deep historical deficiencies in Baptist’s work or of similar problems among the other "New Economic History scholars on whom they rest their case.
Wednesday, September 11, 2019
Margins are already thin in this exciting and innovative industry. Imposing more regulations could be ruinous.
Wednesday, September 11, 2019
Deirdre Nansen McCloskey is a one-woman university, a polymath’s polymath in an age of ever-increasing academic specialization. She has done ground-breaking work across several fields, and her academic appointments show it.
Tuesday, September 10, 2019
Small business confidence weakened in August while job openings fell very slightly in July, but both remain at high levels. Economic data overall have been mixed and uncertainty remains high. Caution is warranted.

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