Daily Economy

Monday, February 25, 2019
It drives me crazy to see people so fully enjoying the benefits from private property, trade, technology, and capitalistic endeavor even as they blithely propose to truncate dramatically the very rights that bring them such material joy, without a thought as to how their ideology might dramatically...
Monday, February 25, 2019
Talk of “our” balance of trade is talk of something that doesn’t really exist; it’s merely a figment of the imagination made to appear real by an accounting convention that has the name “trade balance.” Nevertheless, this fictitious creature is daily demagogued by those seeking to clear the way for...
Monday, February 25, 2019
The governor has acted quickly. The governor has acted decisively. The governor has issued a proclamation that will make matters worse.
Monday, February 25, 2019
AIER is pleased to present the first English translation of Friedrich von Wieser's memorial appreciation of Carl Menger, the founder of the Austrian School, published in German not long after Menger’s passing in 1921. Wieser (1851-1926) was one of the leading contributors in the “second generation...
Friday, February 22, 2019
With 40 percent of student-loan borrowers expected to default by 2023, this proposal may appeal to many in the federal government. But when a crisis such as this is born out of artificial demand for college education, which inflates the cost of pursuing a degree, wouldn’t this purported solution...
Friday, February 22, 2019
Every idealist hopes that humankind can learn from history. There is plenty of evidence that we do not.
Friday, February 22, 2019
AIER offers a unique opportunity to gain professional work experience and produce tangible outcomes in line with your strengths and interests. Furthermore, you join a community of friendly, motivated and inspiring staff, who are more than happy to take time to offer guidance and support.
Friday, February 22, 2019
Even the most well-intentioned top-down regulation of child care will inevitably increase its costs and likely stifle innovation while having limited impact on the ultimate quality of the care provided.
Friday, February 22, 2019
Seismologists can’t predict earthquakes. Economists can predict financial meltdowns? Please.
Friday, February 22, 2019
Drone technology has a lot of untapped potential. Unfortunately, most Americans might only know about the unmanned aerial vehicles thanks to the U.S. government and its unconstitutional drone war.
Thursday, February 21, 2019
Durable-goods orders rose in December, but core capital-goods orders fell for the fourth time in the last five months. Continued economic expansion remains the most likely path but caution is warranted.
Thursday, February 21, 2019
Active managers may be good at finding buying opportunities, but they seem to lose their discipline when it comes to selling.
Thursday, February 21, 2019
We are treating students precisely the way we shouldn’t if we are trying to help them become resilient, functioning, and free people.
Thursday, February 21, 2019
Some politicians are calling for the return of postal banking. Should we heed their call?
Wednesday, February 20, 2019
The death of Lagerfeld does not mean the certain and forever death of elegance. His death might shock us all into a new sensibility that helps us all see what he saw: if we want the world to be beautiful, we have to make it so.
Wednesday, February 20, 2019
The data alone tell the story no one wants to hear. Continued economic growth does not so much allow as require the inclusion – indeed the expansion – of the number of undocumented immigrants on American employment rolls.
Tuesday, February 19, 2019
Truckers involved in the “slow roll” protest argue that the regulations in question decrease how much time they can drive per day. And as the nation faces a shortage of truck drivers, retailers are more pressed than ever to find efficient ways to get their goods delivered fast.
Tuesday, February 19, 2019
According to a recent New York Times piece, workers who supported and helped to push for the minimum wage increase in New York City are now being fired — and for unfair reasons, they claim. But how could anyone call these firings unfair when employers are being forced to raise everybody’s wage?
Tuesday, February 19, 2019
Is there an ethical case to remove the Karl Marx monument from London's Highgate Cemetery on account of its Bolshevik connections?
Tuesday, February 19, 2019
Soft skills are being priced out of the labor market by minimum wages. At $8 an hour, it might be worthwhile to hire someone to bus tables. At $11 an hour, Massachusetts’ minimum, it probably isn’t.

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