Daily Economy Articles

Monday, December 24, 2018
Saying that trade has losers suggests that stopping trade would eliminate such losses. Wrong. 
Sunday, December 23, 2018
It’s not that we as a humane culture reject the idea of self-ownership. It’s that we don’t take it very seriously in our politics. Everyone believes it; no political system practices it.
Saturday, December 22, 2018
Plenty of terrible things happened this year but some great things too! 
Friday, December 21, 2018
The GoFundMe campaign for the wall illustrates both the possibilities and the limitations of relying on voluntary revenue collection. Private efforts might be able to collect the money they need, but they will not and should not obtain the powers that government possesses to take away the people’s...
Thursday, December 20, 2018
This year AIER has published a constant stream of outstanding content from some of the best writers in the social sciences. The range is remarkable: current commentary, deep research, historical material, pure theory, logical analytics, and so much more.
Thursday, December 20, 2018
In 2018, all major institutions that provided the basis for the international order since the second half of the past century have come under fire, from NATO and the United Nations, to the role of the World Bank and the International Monetary Fund, to the World Trade Organization and the European...
Thursday, December 20, 2018
The Whole Foods brand has grown and Amazon’s stock soared. More importantly, this takeover woke up retail giants such as Kroger, whose stock suffered a great hit following the purchase. So when experts alerted the world early in 2018 that Amazon was going to purchase Target as well, everyone paid...
Wednesday, December 19, 2018
Edward Stringham appeared on Yahoo Finance ahead of major rate decisions by the Fed
Wednesday, December 19, 2018
Will large, vertically integrated firms as we have known them disappear?
Wednesday, December 19, 2018
The atmosphere at AIER makes for a welcome contrast with the civic culture of division and anger that dominates politics and mainstream news. We are focused on the long term, and on truth and integrity as the desiderata of intellectual value.
Wednesday, December 19, 2018
With the ratio of debt to GDP exceeding 100 percent, a crisis is not unthinkable.
Tuesday, December 18, 2018
AIER’s Business Cycle Conditions Leading Indicators index pulled back in November, dropping to 79 following an 83 in October and 88 in September. The Roughly Coincident Indicators index increased, moving back to 100, while the Lagging Indicators index tumbled 16 points to 67 from an 83 in October (...
Tuesday, December 18, 2018
Argentina has seen a series of currency crises as an excessive reaction to international events and changes in market conditions in the last few months. Argentine monetary policy is largely to blame.
Tuesday, December 18, 2018
The best solution would be if the British authorities followed a policy of laissez-faire. What would this mean?
Tuesday, December 18, 2018
This makes millennials the first generation in a while to be forced to postpone saving for homes simply because their student loans take up so much of their income. No wonder the growing debt related to higher education has now achieved “crisis” levels.
Monday, December 17, 2018
Amazon has changed the landscape for small retailers in for more interesting ways than a simple narrative can convey.
Monday, December 17, 2018
For one thing, contrary to the administration's promise, unilaterally raising tariffs hasn't resulted in reduced foreign tariffs and better access to foreign markets for U.S. exporters. Instead, foreign tariffs have gone up, and threats of retaliation continue. That explains some of the drop in...
Monday, December 17, 2018
For China to crack down on its supposed violators of IP, import US law as its own, permit US courts to enforce it, and acquiesce to every other point demanded by the US, even if these impossibilities were possible, would end in making its economy less free, less productive, and more dangerous for...
Sunday, December 16, 2018
Four million people, nearly all strangers to each other, are hurrying about to work and play, and doing so in ways that are remarkably orderly and productive — and all, of course, absent any overall design or direction.
Saturday, December 15, 2018
His talent produced the music that became the soundtrack to my life. He never knew that. None of us know who we influence and how.
Friday, December 14, 2018
Gas can regulations began in 2000, with the idea of preventing spillage. The notion began in California, spread, and was picked up by the EPA, which is always looking for new and innovative ways to mandate as much human misery as possible.
Friday, December 14, 2018
While Karl Marx has served as the supplier of the political slogans, the economist Michal Kalecki has provided the guidelines for the actual policy in many parts of the world.
Friday, December 14, 2018
Canadian “robber barons” were exactly like the American robber barons: largely a myth.
Wednesday, December 12, 2018
AIER’s Everyday Price Index plunged 1.0 percent in November after falling 0.1 percent in October. Over the past five months, the EPI has fallen three times for an annualized pace of −2.7 percent. The EPI measures price changes people see in everyday purchases such as groceries, restaurant meals,...
Wednesday, December 12, 2018
The sharing economy has made sharing our private property and time more than acceptable; it’s made it a glamorous occupation. As millennials transform side hustles into how they make a living, yet another aspect of our personal lives is becoming fair game: our closets.
Wednesday, December 12, 2018
To save lives by ensuring that large-scale, sophisticated repairs for dilapidated buildings are swiftly and efficiently undertaken, the Cuban government must free the market for capital goods.
Wednesday, December 12, 2018
They want us to use rags, sponges, and mops again for all our small spills in the kitchen? Forget it. We don’t want cross contamination. We don’t want stinky sponges around our food. We don’t want to drag out buckets and rags just to remove that spilled milk on the counter. We don't need a new...
Wednesday, December 12, 2018
Professor Stiglitz is confident that humanity can be made better; just collect the data, organize and catalog it, and reduce all to a series of statistical indices, and heaven will be a little closer on earth once the right policies are implemented.
Tuesday, December 11, 2018
The rest of us are caught between two brands of ideological fanaticism that begin in a bad idea, deploy government power to realize the goal, and end as a grave threat to liberty and property.
Tuesday, December 11, 2018
Video games, it seems, have become teens’ drug of choice, consuming hours of their lives. The result is what one would expect: bad grades, concerned parents, and broken family relationships. In the end, many are having to go to rehab to regain control of their lives.
Tuesday, December 11, 2018
The increased violence near the US borders is the result of the current drug prohibition and will likely inflame with further prohibitory measures. 
Tuesday, December 11, 2018
Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?
Monday, December 10, 2018
Neoliberalism is one of academia's trendiest boogiemen. Do historians have the wrong origin story?
Monday, December 10, 2018
More effective than any government program would have been, the introduction of the internet, increased access to birth control, and the increased awareness that came from a popular TV show obviously helped generations of teens to make better decisions about their own lives.​​​​​​​
Monday, December 10, 2018
Markets guided by prices daily lead each of us to share happily and abundantly with each other despite the reality that we are, to each other, mostly strangers. Familiarity, affection, and brotherly love are virtuous feelings but these feelings do not contribute as reliably to our material well...
Sunday, December 9, 2018
Since neither politician, activist, nor voter are held responsible for our actions when a policy goes wrong, blame (or praise for that matter) is also highly distributed. This distribution of blame then diminishes the responsibility of those who might plausibly be held most culpable for the bad...
Saturday, December 8, 2018
As Forbes explained, trying its hand at music might just be the safest way of getting people to connect on the social platform once again. After all, following the contentious 2016 presidential election season, Americans seem to be more divided ideologically than ever before. But when it comes to...
Saturday, December 8, 2018
U.S. nonfarm payrolls added 155,000 jobs in November. Despite the weak performance, the labor market remains tight.
Friday, December 7, 2018
Inconsistencies are visible when politicians claim that war is the best way to peace, and when they admit that prohibition of alcohol failed in the 1930s even as they insist that the prohibition of drugs today will somehow work.
Friday, December 7, 2018
The financial part of the Marshall plan was not the decisive factor in the West European recovery. What mattered was economic liberalization, relative monetary and fiscal stability, and the promotion of economic integration.

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