Daily Economy

Monday, April 30, 2018
It was this time ten years ago that people started to catch on that something was going wrong. Home prices stopped rising, many were falling, the flipping schemes were dying out, and default notices were being posted for smaller banking houses. Could it be that the entire glory days of the...
Monday, April 30, 2018
In August, it will be 10 years since the Federal Reserve balance sheet exploded in size. How does it look now?
Monday, April 30, 2018
A little pink house that looks over the water in a Connecticut working-class neighborhood and a “not for sale” sign perfectly depict the courage of a woman who fought against all odds to keep her home, because city officials decided that a pharmaceutical firm should have her land.
Monday, April 30, 2018
The idea that a central bank might be constrained by rules is problematic. It merely moves the central bank's choices to the more abstract level of selecting and interpreting rules.
Saturday, April 28, 2018
Economists bade farewell to Leland Yeager, one of the greatest monetary thinkers of the 20th century, earlier this week.
Friday, April 27, 2018
Real gross domestic product rose at a 2.3 percent annualized rate in the first quarter, down from a 2.9 percent pace in the fourth quarter of 2017. However, growth over the past four quarters hit 2.9 percent, the fastest four-quarter gain since the second quarter of 2015. 
Friday, April 27, 2018
Bitcoin provides potential users with a genuinely decentralized, censorship-resistant, market alternative to the 20th-century model of central banking.
Thursday, April 26, 2018
As much as I do not want to admit it, it would be precisely right for the court to decide that Trump’s campaign statements should have no bearing on the legality or illegality of his executive order. It is not up to the courts to assess the motivations for what we do, much less to evaluate the...
Thursday, April 26, 2018
Rich States, Poor States continues to provide solid evidence that getting the government out of the economy is the best way to promote growth.
Thursday, April 26, 2018
Last weekend, AIER had the privilege of hosting a summit of sorts between Students for Liberty (SFL), the world’s largest pro-liberty student organization, and the Atlas Society, whose scholars work to further develop the objectivist philosophy and bring the work of its creator, Ayn Rand, to a...
Wednesday, April 25, 2018
A partnership between Ford and Detroit-centered Beaumont Health provides a novel example of how to provide mobility for the disadvantaged without public management.
Wednesday, April 25, 2018
The choice between virtue and vice is a human choice. Relying on the government to make this choice for us disables the social order’s internal mechanisms for bringing about and rewarding responsible behavior. It seems like a paradox, but it is true: The only path toward restoring sanity in teenage...
Tuesday, April 24, 2018
The more government inflates the money supply, the more that prices will eventually go up.
Tuesday, April 24, 2018
Historians commonly contend that the New Deal was pivotal in beating the Great Depression and protecting the American middle class. But how significant was it, actually?
Monday, April 23, 2018
Just as humanity saw the first glimmer of the hope of universal human prosperity, prevailing ruling-class opinion turned against the idea and pushed a host of nostrums to stop it from happening. Here was where Henry George made the difference. He entered into this milieu with a powerful message:...
Monday, April 23, 2018
Individual freedom plays a central role in Immanuel Kant’s moral and political philosophy. He writes, “Freedom (independence from being constrained by another’s choice, insofar as it can coexist with the freedom of every other in accordance with a universal law, is the only original right belonging...
Monday, April 23, 2018
As our society grows ever more complex and technologically advanced, controlling it from the top down is increasingly like herding cats. Attempts at more top-down control, though well-intentioned, won’t work. Rethinking governance itself is an even more challenging path, but offers a multitude of...
Sunday, April 22, 2018
Bowling Alone, despite flaws here and there, is still relevant as a tool to explore phenomena such as the opioid epidemic and the social decay prevalent in the African-American community.
Friday, April 20, 2018
The US sugar program is such an egregious display of special interests trumping economics that some candy manufacturers have given up hope and moved to neighboring countries such as Mexico.
Friday, April 20, 2018
What is the point of adopting a fact-based worldview? Rosling says that it is essential so that we can better navigate life, the way a GPS helps us navigate a city. Further, knowing the facts about life around us brings us more comfort. We are less alarmed at the news. We are less likely to be...

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