Daily Economy

Monday, October 15, 2018
Producers, on average, capture a 2.2 percent of the total benefits of their successful introduction into markets of technological advances. A whopping 97.8 percent of those benefits are enjoyed by people each of whom as a consumer did nothing other than exercise his right to spend his money on...
Friday, October 12, 2018
AIER’s Business Cycle Conditions Leading Indicators index improved in September, hitting 88 following 83 in August. The Roughly Coincident Indicators index held at a perfect 100 reading while the Lagging Indicators index also held steady, posting an 83 (see chart below). The AIER business cycle...
Friday, October 12, 2018
To “buy American,” as the nationalists and nativists demand, is to eschew today’s beneficial products while underrating the benefits of yesterday’s globalization of trade and fearing tomorrow’s.
Friday, October 12, 2018
Google wasn’t truly afraid of reputational damage, as it reigns supreme as the top search engine online. What it feared was that this data-breach problem would put it face to face with Congress.
Thursday, October 11, 2018
What a recent academic hoax reveals is a pervasive problem of declining scholarly rigor afflicting certain parts of the academy.
Thursday, October 11, 2018
AIER’s Everyday Price Index was unchanged for the second month in a row in September. The EPI measures price changes people see in everyday purchases such as groceries, restaurant meals, gasoline, and utilities. It excludes prices of infrequently purchased, big-ticket items (such as cars,...
Thursday, October 11, 2018
Government subsidies and regulations are usually a mess. Each rule or payment might have its own laudable goal in a vacuum. But in many industries, aided by politics and corporate lobbying, the laws pile up on each other, twisting markets until economic logic seemingly doesn’t apply.
Wednesday, October 10, 2018
Markets do not fail so much as courage and imaginations do.
Wednesday, October 10, 2018
Two new videos tell a short story of our history and reveal some of what we are doing today. 
Wednesday, October 10, 2018
Twenty years from now, people will look back at our current practices of exclusive ownership and storage with bewilderment. They will wonder what life was like before platforms made our lives richer, better, and less wasteful.
Wednesday, October 10, 2018
The fourth issue of the AIER Sound Money Project Working Paper Series is available online. AIER is currently ranked 149th on SSRN's Top 1,600 Entrepreneurship Research & Policy Network Organizations.
Wednesday, October 10, 2018
Ten years after the 2008 financial crisis, economists are beginning to assess the lessons learned. Sometimes we learn the right lessons. Sometimes we learn the wrong lessons.
Tuesday, October 9, 2018
Historically, unsustainable debt service levels and distorted commercial decision-making are frequently precipitated by artificially low interest rates.
Tuesday, October 9, 2018
The singer should become more educated as to how the number one perpetrator of racism in her state operates. And when that day comes then perhaps she will be using her star power to be part of the call for complete criminal justice reform — an even more meaningful political revolution.
Tuesday, October 9, 2018
By continuing its policy of paying interest on excess reserves, the Federal Reserve is courting a crisis.
Monday, October 8, 2018
Governments should treat each others’ economic policies as given, if only because almost all government interventions artificially help some producers and hurt others. Because every government is forever grasping for excuses to protect politically powerful domestic producers from foreign...
Monday, October 8, 2018
Remember when Republicans under the previous President fought for some semblance of fiscal responsibility and for a return to regular order in the budget-making process? That time is long gone.
Monday, October 8, 2018
Regulation means both Gemini and Paxos must comply with NYDFS anti-money-laundering (AML) rules as well as efforts to counter the financing of terrorists (CFT).
Sunday, October 7, 2018
The violent hatreds, tribalisms, acts of revenge, and never-ending escalation of the war between left and right (and between races, religions, sexes, and classes) are exactly what you would expect to get when you attempt to organize life according to the zero-sum game that is politics.
Saturday, October 6, 2018
Academic works such as Quinn Slobodian’s Globalists demonstrate that the anti-capitalists and anti-liberals are determined to make their case through factual fabrications and scandalous misinterpretations of what classical liberals such as Ludwig von Mises and Friedrich A. Hayek really said and...

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