Daily Economy Articles

Friday, May 31, 2019
Consumer attitudes were generally upbeat in May, supported by a strong labor market, but escalating trade wars and higher tariffs are having a significant negative impact.
Friday, May 31, 2019
This night he became a preacher of goodness, of civility, of moral strength in the face of struggle. The poetry of it all, and the promise that goodness and decency can prevail, was manifest in the crowds and the city right here, this night, in Budapest. It combined to inspire him to find the...
Friday, May 31, 2019
To reduce inflation and keep the Argentine peso stable going forward, the Macri administration adopted an inflation-targeting regime. But, just 26 months after its implementation in September 2016, the inflation-targeting regime had failed. What went wrong?
Thursday, May 30, 2019
Initial claims remain very low in May, but revised data still show a poor performance for private domestic demand in the first quarter. Though economic data are still somewhat mixed, some recent positive signs are emerging.
Thursday, May 30, 2019
Unlike marvelously created made-for-television episodes where someone usually emerges victorious, in trade wars, everyone loses.
Thursday, May 30, 2019
Financial Exclusion is my nineteenth book and the vetting, editing, and publishing processes with AIER far surpassed those of the commercial and university presses I have published with previously.
Thursday, May 30, 2019
Chernobyl is a story of a grievous disaster that had untold human and natural cost; no one intended the nuclear disaster to occur. But it is more importantly a story of how the culture of fear bred by totalitarianism made a mistake unconscionably worse.
Thursday, May 30, 2019
In a new NBER working paper, Felipe Benguria and Alan M. Taylor consider whether financial crises usually stem from the demand or supply side of the market.
Thursday, May 30, 2019
As with other matters, decentralization could be key in making things better — not only because it would benefit immigrants who want to move here to work, but also because Americans would reap the benefits of a prosperous economy.
Wednesday, May 29, 2019
Even a young child understands, without need of further elaboration, that no action is rendered acceptable simply because lots of other people do it.  
Wednesday, May 29, 2019
The video AIER is putting together with the highest professional standards seeks to present both their views fairly and accurately but in a way that it is entertaining and informative. It will inspire further study and a real dedication to ideas.
Tuesday, May 28, 2019
Forcing social media sites to “disappear” or be broken up is one of the worst ways to deal with these concerns.
Tuesday, May 28, 2019
Because economics is more complex than most of what’s studied in the natural sciences, no set of rules of inquiry will ever fully eliminate the need for judgment calls by the researcher. And judgment calls are where our biases truly have teeth.
Tuesday, May 28, 2019
The danger that individuals often put themselves in comes at a public cost.
Tuesday, May 28, 2019
The progressive zeal for higher taxes is distorting how they construct inequality statistics.
Tuesday, May 28, 2019
The end goal of our planning paternalists is the command economy.
Tuesday, May 28, 2019
A new type of financial institution could take root in the U.S. But the Federal Reserve seems determined to prevent this from happening.
Tuesday, May 28, 2019
These easy-to-assemble retail kiosks aren’t just a great example of the market’s ingenuity, they are also proof that the market provides an answer to customers’ needs, even if these needs are the product of artificial barriers imposed by the government.
Monday, May 27, 2019
Knowing and seeing the pattern here makes it no less alarming but it does help reveal that these economic/political cycles are not arbitrary. And if history is our guide, we can also see that the efforts of the reactionaries against freedom will fail.
Sunday, May 26, 2019
Fortunately for us, this might be a temporary detour away from the long pattern of the expansion of global trade. The damage could be lasting, however. 
Sunday, May 26, 2019
What are the merits of returning to the gold standard? Is such a system feasible today?
Sunday, May 26, 2019
Those who argue for a decentralized and free Europe, now overshadowed from the left and right, need to find a voice and make a positive change.
Saturday, May 25, 2019
The truth is that even the best-intentioned government officials do not — indeed, cannot possibly — have the knowledge necessary to deliver on any grand promises.
Friday, May 24, 2019
New orders for durable goods and core capital-goods decreased in April and appear to be plateauing but broader measures of business fixed investment continue to trend higher.
Friday, May 24, 2019
The amount of public debt to be serviced is huge and growing, and we’re in uncharted territory now.
Friday, May 24, 2019
Designers did not somehow lose imagination over the last 25 years. The designs of new cars are boring because regulations forced this result.
Friday, May 24, 2019
Prohibition is nothing but an immoral act, as it intends to impose certain standards on individuals who should be naturally free to make their own decisions.
Thursday, May 23, 2019
New-home sales fell in April, and home construction is unlikely to contribute significantly to economic growth, but the strong labor market continues to provide a solid foundation for continued expansion.
Thursday, May 23, 2019
Statutes and regulations continue to accumulate, layer by layer, until they suffocate not only economic opportunity, but also the effective administration of government itself.
Thursday, May 23, 2019
Whether you keep your stuff or not is up to you. But it is not up to you what price your stuff will elicit on the open marketplace.
Thursday, May 23, 2019
When companies are allowed to compete openly, without resorting to the government for special protections that keep competitors at arm’s length, some firms may even suffer as they try to adapt to better serve their customers. But in the end, it is the consumer who benefits the most as more...
Wednesday, May 22, 2019
Our debate about safety nets and responses to poverty hinges on a fundamental fallacy — that services are either provided by the government or not at all.
Wednesday, May 22, 2019
The difference is the other-oriented atmosphere that the company promotes at all levels—from the company’s corporate leadership, to franchise owners, to managers and employees.
Tuesday, May 21, 2019
Look back 150 years (from the end of the Civil War), ignore whatever party or president was dominant, and try to discern a relationship between the size, scope and power of the U.S. federal government and America’s economic growth rate.
Tuesday, May 21, 2019
Sales of existing homes fell in April and are trending flat or down in all four regions of the country.
Tuesday, May 21, 2019
Government right now is historically unpopular, just as the free market is widely respected as the proper way to bring about social change.
Tuesday, May 21, 2019
The danger in American society today is not the arrival of new waves of immigrants from various other parts of the world compared to the past.
Tuesday, May 21, 2019
The firm has been in the business long enough to notice that certain users just don’t like to chat with their drivers. In order to keep these users happy (and prevent them from using another service in the future), Uber is rolling out a new “Quiet Mode” feature that gives the passenger the ability...
Monday, May 20, 2019
As Aleksandr Solzhenitsyn reminds us, the line between good and evil runs through the heart of every person — and a just cause is the most seductive nourishment of baser parts of our souls… of the abyss within.
Monday, May 20, 2019
The goal was to protect existing, politically influential producers from the competition of newer, more efficient firms.

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