Daily Economy Articles

Monday, March 4, 2019
You are not in it for the money? That might be the source of the problem. 
Monday, March 4, 2019
This great variety of influential books testifies to the richness of the libertarian scholarly tradition. It’s filled with remarkable works of scholarship that are not (yet) as widely known and read as they deserve to be.
Monday, March 4, 2019
Sadly, the FDA has frozen the marketplace by saying that existing products could remain on the market pending approval (they still have not clarified how to get approval) but that no new products would be allowed to enter the market after 2016 and no changes could be made to existing products.
Sunday, March 3, 2019
China no longer wants your leftover pizza box. Nor your empty 2-liter bottle of Mountain Dew. They are being burned in the US instead. 
Friday, March 1, 2019
By the time the talent reaches our eyes and ears, the hard work is done. We see only the finished product. In our attempt to discern the difference between their level of awesome and ourselves, we reach for the easiest answer: the person must have been born this way. It just comes naturally.
Friday, March 1, 2019
The Manufacturing Purchasing Managers’ Index from the Institute for Supply Management registered a 54.2 percent reading in February. Despite a small decline, the index remains above neutral—a positive sign for the manufacturing sector.
Thursday, February 28, 2019
Real gross domestic product rose at a 2.6 percent annualized rate in the fourth quarter, putting the calendar year growth at 2.9 percent, the fastest pace since 2015. Consumer prices rose 1.5 percent in the quarter, putting the calendar year increase at 2.0 percent, the fastest since 2011, and the...
Thursday, February 28, 2019
In the discussion of the nation’s problem with child care costs, a crucial factor has gone mostly unmentioned. This is one of the most regulated industries. These regulations are driving up costs. Adding more government control of the industry risks making a bad situation even worse.
Wednesday, February 27, 2019
Every new technology comes with an awkward stage of adoption, during which time people get manipulated and break every kind of rule of propriety until they figure out a better way.
Wednesday, February 27, 2019
A record 7 million Americans are now behind on their auto-loan payments. But as auto loans have surged by nearly 35 percent since 2008, one might wonder if the government has a hand in this new crisis.
Wednesday, February 27, 2019
In the simplistic Keynesian-type view of things, all that needs to be done from the government’s policy perspective is to run budget deficits or create money through the banking system to push up aggregate demand.
Tuesday, February 26, 2019
It’s a pretty strange time for conservatives suddenly to decide they like government, and the worst imaginable time for the Left to celebrate the state as never before. Based on the attitudes of the public alone, we ought to be seeing the opposite from both sides.
Tuesday, February 26, 2019
Consumer confidence rebounded in February following three consecutive declines, and suggests consumers are feeling better after a period of heightened market volatility and the government shutdown. However, housing activity continued to weaken in December, restrained by rising home prices.
Tuesday, February 26, 2019
How the strange funding scheme behind the Green New Deal rejects the scientific foundations of economics
Tuesday, February 26, 2019
Society is worse off to the tune of what these firms would have produced had they actually devoted those resources to creating wealth rather than simply redistributing it.
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
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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.
Monday, February 18, 2019
If the Green New Dealers have their way, the interventionist state will be taken to an entirely new and more destructive level as one great plan for global salvation is imposed on everyone, everywhere, with no avenues of escape in our age of electronic Big Brother surveillance and control.
Monday, February 18, 2019
I submit that Bastiat ranks, at the very least, among the greatest of all applied economic theorists. His work should be more widely known; it deserves much greater professional respect.
Monday, February 18, 2019
Americans don’t like public transit, and you can’t blame them. Inconvenience, ineffectiveness, and sluggishness are some of the main issues they often complain about when explaining why they aren’t taking the bus or riding the metro these days.
Sunday, February 17, 2019
Sorry, but it is historical fact that the German National Socialists was a nationalist party.
Saturday, February 16, 2019
Using an encrypted digital ledger – one that substitutes hashes for trust – eliminates vast numbers of layers and time. Time and trust equal counterparty risk. Automating this with blockchain drops the costs to a small fraction while increasing certainty.

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