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.
Lawrence H. White – The Clash of Economic Ideas
George Mason University economist Lawrence H. White is writing a book on The Clash of Economic Ideas. Last summer he gave a lecture, published as a video by New Media, in which he briefly presents the outline of the book,
Mark Skousen – Vienna and Chicago: Friends or Foes?
In this book prolific writer Mark Skousen presents the Austrian and Chicago school of economics, explaining their main views on money, business cycles and competition.
An Economy of Liars
Free markets depend on truth telling. Prices must reflect the valuations of consumers; interest rates must be reliable guides to entrepreneurs allocating capital across time; and a firm’s accounts must reflect the true value of the business. Rather than truth
“Fed Kohn Paper: Crisis Early Warning Requires Better Data”
“While, in hindsight, some of the data available to the Federal Reserve and other authorities gave notice of the financial crisis, more data and a different approach to analyzing them are needed if a reliable ‘early warning system’ for future
“The Financial Crisis Grinch”
Our friends at the Cato Institute have offered this podcast on the financial crisis. “The Financial Crisis Grinch” Featuring Gerald P. O’Driscoll, Jr. Novermber 24, 2008.
A Week of Travels
The past week has been a busy one for Atlas and the Sound Money project. Since last Thursday, we have traveled from D.C. to Philadelphia to Las Vegas. It has been a hectic, but rewarding journey. The Sound Money project
Mark Skousen – The Making of Modern Economics
Good introductory text to the intellectual history of economics
Larry White to Lecture at GMU!
Date: Monday, April 19, 2010 Time: 5:00pm – 6:30pm Location: George Mason University — SUB II, Room 7 Address: 4400 University Drive Fairfax, VA The GMU Economics Society & the Atlas Sound Money Project invite you to attend
Ferguson and Rogoff on the financial crisis
In this video panel on Bloomberg.com, economic historian and author The Ascent of Money, Niall Ferguson, discusses the financial crisis and global recession with economist and author of This Time Is Different, Kenneth Rogoff. They both warn that the global
Florin Aftalion – The French Revolution: An Economic Interpretation
In this monograph, French economist Florin Aftalion sets out to rectify a great omission in most historical accounts of the French Revolution, namely to look at how economic, and especially monetary forces helped shape the dynamics of the revolution. Book
The Swinging Pendulum
On Monday, April 5, the Future of Freedom Foundation and the George Mason University Econ Society hosted a lecture1 by Dr. Richard Ebeling, professor of economics at Northwood University and former president of the Foundation for Economic Education. Dr. Ebeling
John Munro – The Monetary Origins of the ‘Price Revolution’
In this paper, John Munro of the Department of Economics, University of Toronto revisits the historical debate on the origins of the price revolution of the 16th century. Though some historians and economists have claimed that this event was caused
We Are Not All Keynesians Now
The financial crisis and global recession has brought traditional Keynesian policies back to the fore. However, not all economists are Keynesians now.
Hyperinflation
“Inflation is a sustained increase in the aggregate price level. Hyperinflation is very high inflation. Although the threshold is arbitrary, economists generally reserve the term ‘hyperinflation’ to describe episodes when the monthly inflation rate is greater than 50 percent. At
“Why Default on U.S. Treasuries is Likely”
“Almost everyone is aware that federal government spending in the United States is scheduled to skyrocket, primarily because of Social Security, Medicare, and Medicaid. Recent “stimulus” packages have accelerated the process. Only the naively optimistic actually believe that politicians will
“Misrepresenting ‘How We Arrived at This Moment'”
“What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is ‘only by understanding how we arrived at this moment that we’ll be able to lift
“Stop Blaming Capitalism for Government Failures”
“But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the
“Garrett Demands Further Answers from Geithner”
“Rep. Scott Garrett (R-NJ) is calling on Treasury Secretary Timothy Geithner to clarify the uncertainty surrounding the status of the GSE debt; specifically, whether the corporate debt issued by Fannie and Freddie is considered sovereign debt.” Read more. “Garrett Demands
Lawrence H. White – The Clash of Economic Ideas
George Mason University economist Lawrence H. White is writing a book on The Clash of Economic Ideas. Last summer he gave a lecture, published as a video by New Media, in which he briefly presents the outline of the book,
Mark Skousen – Vienna and Chicago: Friends or Foes?
In this book prolific writer Mark Skousen presents the Austrian and Chicago school of economics, explaining their main views on money, business cycles and competition.
An Economy of Liars
Free markets depend on truth telling. Prices must reflect the valuations of consumers; interest rates must be reliable guides to entrepreneurs allocating capital across time; and a firm’s accounts must reflect the true value of the business. Rather than truth
“Fed Kohn Paper: Crisis Early Warning Requires Better Data”
“While, in hindsight, some of the data available to the Federal Reserve and other authorities gave notice of the financial crisis, more data and a different approach to analyzing them are needed if a reliable ‘early warning system’ for future
“The Financial Crisis Grinch”
Our friends at the Cato Institute have offered this podcast on the financial crisis. “The Financial Crisis Grinch” Featuring Gerald P. O’Driscoll, Jr. Novermber 24, 2008.
A Week of Travels
The past week has been a busy one for Atlas and the Sound Money project. Since last Thursday, we have traveled from D.C. to Philadelphia to Las Vegas. It has been a hectic, but rewarding journey. The Sound Money project
Mark Skousen – The Making of Modern Economics
Good introductory text to the intellectual history of economics
Larry White to Lecture at GMU!
Date: Monday, April 19, 2010 Time: 5:00pm – 6:30pm Location: George Mason University — SUB II, Room 7 Address: 4400 University Drive Fairfax, VA The GMU Economics Society & the Atlas Sound Money Project invite you to attend
Ferguson and Rogoff on the financial crisis
In this video panel on Bloomberg.com, economic historian and author The Ascent of Money, Niall Ferguson, discusses the financial crisis and global recession with economist and author of This Time Is Different, Kenneth Rogoff. They both warn that the global
Florin Aftalion – The French Revolution: An Economic Interpretation
In this monograph, French economist Florin Aftalion sets out to rectify a great omission in most historical accounts of the French Revolution, namely to look at how economic, and especially monetary forces helped shape the dynamics of the revolution. Book
The Swinging Pendulum
On Monday, April 5, the Future of Freedom Foundation and the George Mason University Econ Society hosted a lecture1 by Dr. Richard Ebeling, professor of economics at Northwood University and former president of the Foundation for Economic Education. Dr. Ebeling
John Munro – The Monetary Origins of the ‘Price Revolution’
In this paper, John Munro of the Department of Economics, University of Toronto revisits the historical debate on the origins of the price revolution of the 16th century. Though some historians and economists have claimed that this event was caused
We Are Not All Keynesians Now
The financial crisis and global recession has brought traditional Keynesian policies back to the fore. However, not all economists are Keynesians now.
Hyperinflation
“Inflation is a sustained increase in the aggregate price level. Hyperinflation is very high inflation. Although the threshold is arbitrary, economists generally reserve the term ‘hyperinflation’ to describe episodes when the monthly inflation rate is greater than 50 percent. At
“Why Default on U.S. Treasuries is Likely”
“Almost everyone is aware that federal government spending in the United States is scheduled to skyrocket, primarily because of Social Security, Medicare, and Medicaid. Recent “stimulus” packages have accelerated the process. Only the naively optimistic actually believe that politicians will
“Misrepresenting ‘How We Arrived at This Moment'”
“What must be done to recover from this financial crisis? Barack Obama rightly stresses that we first must understand how today’s problems emerged. It is ‘only by understanding how we arrived at this moment that we’ll be able to lift
“Stop Blaming Capitalism for Government Failures”
“But while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the
“Garrett Demands Further Answers from Geithner”
“Rep. Scott Garrett (R-NJ) is calling on Treasury Secretary Timothy Geithner to clarify the uncertainty surrounding the status of the GSE debt; specifically, whether the corporate debt issued by Fannie and Freddie is considered sovereign debt.” Read more. “Garrett Demands
