Daily Economy

Thursday, November 8, 2018
The fifth issue of the AIER Sound Money Project Working Paper Series is available online. AIER is currently ranked 152nd on SSRN's Top 1,600 Entrepreneurship Research & Policy Network Organizations..
Thursday, November 8, 2018
Initial claims remain near a record low as a percentage of the labor force while consumer credit growth slowed in September. Both are positive signs for the economy.
Wednesday, November 7, 2018
We are probably being overly confident in claiming that the great merit of crypto is disintermediation of all things. That probably won’t happen.
Wednesday, November 7, 2018
The financial crisis of 2008-9 was caused by government intervention, mainly in mortgage finance and the housing sector.
Tuesday, November 6, 2018
Open jobs in the U.S. were down slightly in September to 7.009 million, just below the record-high 7.293 million in August. Private job openings totaled 6.407 million in September. Overall, the data relating to the labor market continue to show strength.
Tuesday, November 6, 2018
Classical liberals and libertarians consider that their defense and insistence upon a principled practice of individual liberty and competitive free markets is no less of a moral necessity and calling than earlier demands for ending infringements on personal and social freedom that were widely...
Monday, November 5, 2018
Conventions exist when people all agree on a rule of behavior, even if no one ever said the rule out loud or wrote it down.
Monday, November 5, 2018
Arguments should be judged, ultimately, by their contents rather than by the identities of their flesh and blood deliverers.
Friday, November 2, 2018
An amazing book appeared before FDR was elected that explained all economic events, using sound economic logic and evidence. The crash, this book said, was the result of monetary mismanagement by the Federal Reserve and distorted price and interest rate signals.
Friday, November 2, 2018
U.S. nonfarm payrolls added 250,000 jobs in October and hourly earnings growth accelerated to a 3.1 percent rate, the highest since April 2009. Both are positive signs for the labor market and the economy overall.
Friday, November 2, 2018
Economists are often asked to render economic advice to foreign nations. Sometimes these countries are ruled by dictators. That presents a moral quandary.
Friday, November 2, 2018
Monetary policy has changed significantly in the last decade. How should the Fed move forward?
Thursday, November 1, 2018
The Manufacturing Purchasing Managers Index registered a 57.7 percent reading in October. Despite a small decline, the index remains well above neutral and is a positive sign for the manufacturing sector.
Thursday, November 1, 2018
Society will only thrive as long as people are willing to passionately hold ideas that challenge the mainstream.
Thursday, November 1, 2018
At the end of the Second World War, the United States assumed the helm of global leadership at the international monetary conference at Bretton Woods in the New Hampshire in 1944. The purpose of this conference was to determine the principles of the postwar currency regime.
Thursday, November 1, 2018
When considering why central bankers do what they do, we often focus on their intentions or motivations. Instead, we should look for patterns of behavior that have adaptive value within the context central banking.
Wednesday, October 31, 2018
This is a fight between two political parties and groups desiring to have control of the same governmental machinery for the purpose of planning and directing people’s economic and social affairs in one way rather than another.
Wednesday, October 31, 2018
Vlad the Impaler and his literary incarnation — Count Dracula — have real historical roots in a dark period of economic nationalism.
Wednesday, October 31, 2018
Contrary to popular belief, police have never documented real cases of people randomly distributing poisoned candy to children on Halloween.

Pages