Daily economy news from the American Institute for Economic Research: data, stories, research, and articles touching on economics, politics, culture, education, policy, opinion, technology, markets, healthcare, regulation, trends, and much more.
“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman
“What matters for the capitalist story to flourish is that its effect on the world continues to be positive, not whether market actors believe it while embodying its principles.” ~Joakim Book
“Slowing down total spending growth (current-dollar GDP) by hiking interest rates and shrinking the balance sheet clearly mattered. Supply-side improvements do too, but they’re likely playing the role of the sidekick rather than the hero.” ~Alexander W. Salter
“Plymouth was a centrally planned community. Everything was controlled, regulated, and rationed by one central government authority. And like all central planning efforts, the results were scarcity, hunger, and desperation.” ~Thomas Krannawitter
“Although Black Friday is a day of discounts, rebates, and other sales promotions, examining the price changes in the most-marketed merchandise categories may provide some insights as to what consumers face this year.” ~Peter C. Earle
“The constituents of the Thanksgiving Cost Index include turkey, sauces and gravies, bread, canned fruit, vegetables, and pies and cakes.” ~Peter C. Earle
“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz
“Most information is noise, and the human brain isn’t equipped for the overload that the modern world throws at us. Don’t clutter your brain with unnecessary stuff.” ~Joakim Book
“Americans already have a license to engage in free speech, in the form of the First Amendment. And if you are thinking that the United States has a long history of anonymous, public speech, you’re right.” ~James Harrigan
“Efforts to improve things with charter schools have shown some great results, and vouchers are attractive as a means to make educators more responsible to parents than to administrators. But we are still in the early stages of a very long struggle.” ~Gary M. Galles
“Production of the likes of tires, furniture, steel, speedy transportation, and air conditioning and home heating is surely good for humanity. But such production requires energy and it produces harmful by-products.” ~Donald J. Boudreaux
“The reasons attributed to billions of dollars leaving the ESG sector include concerns about greenwashing and political backlash. That the flight of funds coincides almost perfectly with the start of inflation and turned negative shortly after the Fed began its contractionary policy bias is either not noticed or considered.” ~Peter C. Earle
“Browsing the websites of ESG-advocating organizations gives the sense that ESG is cutting edge, technologically sophisticated, a wise investment strategy, and the road to increasing profitability.” ~Paul Mueller
“Ultimately, Housel’s book achieves its goal of conveying the richness of factors that influence financial decisions, but it blithely ignores economic principles that are the foundation of its subject.” ~Byron Carson
“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright
Join Kate Wand and Barry Brownstein as they discuss the ideological roots of the contemporary social justice movement, emerging from a zero-sum political philosophy of grievance.
“In a world where traffic cameras, license plate readers, NSA mass surveillance, intelligence-gathering ‘fusion centers,’ and warrantless searches are ubiquitous, privacy might seem like a quaint idea. But it’s one the Framers of the American system took seriously.” ~Jon Miltimore
“When the future looks bright and living standards are rapidly improving, old grudges and tensions lose their relevance. We end up forgetting them because the things ahead look so much more enticing.” ~Vincent Geloso
“Are job training programs actually providing useful training to the people affected by foreign trade? Don’t ask lawmakers. They’d prefer that people give them credit for the intent and ignore questions about outcomes.” ~James M. Hohman
“What matters for the capitalist story to flourish is that its effect on the world continues to be positive, not whether market actors believe it while embodying its principles.” ~Joakim Book
“Slowing down total spending growth (current-dollar GDP) by hiking interest rates and shrinking the balance sheet clearly mattered. Supply-side improvements do too, but they’re likely playing the role of the sidekick rather than the hero.” ~Alexander W. Salter
“Plymouth was a centrally planned community. Everything was controlled, regulated, and rationed by one central government authority. And like all central planning efforts, the results were scarcity, hunger, and desperation.” ~Thomas Krannawitter
“Although Black Friday is a day of discounts, rebates, and other sales promotions, examining the price changes in the most-marketed merchandise categories may provide some insights as to what consumers face this year.” ~Peter C. Earle
“The constituents of the Thanksgiving Cost Index include turkey, sauces and gravies, bread, canned fruit, vegetables, and pies and cakes.” ~Peter C. Earle
“Argentinean problems are first political, then fiscal, and then monetary, and they need to be solved in the same order.” ~Leonidas Zelmanovitz
“Most information is noise, and the human brain isn’t equipped for the overload that the modern world throws at us. Don’t clutter your brain with unnecessary stuff.” ~Joakim Book
“Americans already have a license to engage in free speech, in the form of the First Amendment. And if you are thinking that the United States has a long history of anonymous, public speech, you’re right.” ~James Harrigan
“Efforts to improve things with charter schools have shown some great results, and vouchers are attractive as a means to make educators more responsible to parents than to administrators. But we are still in the early stages of a very long struggle.” ~Gary M. Galles
“Production of the likes of tires, furniture, steel, speedy transportation, and air conditioning and home heating is surely good for humanity. But such production requires energy and it produces harmful by-products.” ~Donald J. Boudreaux
“The reasons attributed to billions of dollars leaving the ESG sector include concerns about greenwashing and political backlash. That the flight of funds coincides almost perfectly with the start of inflation and turned negative shortly after the Fed began its contractionary policy bias is either not noticed or considered.” ~Peter C. Earle
“Browsing the websites of ESG-advocating organizations gives the sense that ESG is cutting edge, technologically sophisticated, a wise investment strategy, and the road to increasing profitability.” ~Paul Mueller
“Ultimately, Housel’s book achieves its goal of conveying the richness of factors that influence financial decisions, but it blithely ignores economic principles that are the foundation of its subject.” ~Byron Carson
“Where would the money come from, existing program cuts, higher existing taxes, new taxes, and/or new money creation? Would a UBI simply displace the current hodge-podge of income transfers or add yet another layer?” ~Robert E. Wright
Join Kate Wand and Barry Brownstein as they discuss the ideological roots of the contemporary social justice movement, emerging from a zero-sum political philosophy of grievance.
“In a world where traffic cameras, license plate readers, NSA mass surveillance, intelligence-gathering ‘fusion centers,’ and warrantless searches are ubiquitous, privacy might seem like a quaint idea. But it’s one the Framers of the American system took seriously.” ~Jon Miltimore
“When the future looks bright and living standards are rapidly improving, old grudges and tensions lose their relevance. We end up forgetting them because the things ahead look so much more enticing.” ~Vincent Geloso
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