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.

AIER’s Editorial Policy.

Taylor Swift, Politics, and the Value of Friendship

“During the silly season of presidential elections, which often brings out the worst in us, it’s important to remember that true friendship is worth more than political pride.” ~Jon Miltimore

How to Really End ESG

“It’s incumbent upon ESG critics to advocate an alternative vision, not merely to fall in line with convention.” ~Russell Greene

Moderate Inflation Affirms Fed’s Path to Easing

“The Fed should ignore the political noise and follow the data. Central bankers failed to curb inflation, but that doesn’t mean they should deliberately make the opposite mistake now.” ~Alexander W. Salter

Unity in Disunity

“When ‘unity’ means government policies will substitute for choices we would make for ourselves, it means domination, even though we do not want to be dominated.” ~Gary Galles

Remembering the Truly Forgotten

“Money and finance are the font and essence of modernity. I honor and praise the memory of the professionals who worked in the World Trade Center.” ~Peter C. Earle

Overhaul for the Uninsured?

“Full reliance on a public budgeting system for providing access to medical care is a certain prescription for millions of disappointed patients.” ~James C. Capretta

Kroger Invests $1B in Antitrust Defense

“Consumers would be better served if companies could spend more time on improving their services and less on fending off litigation.” ~Noah C. Gould

Lose the Political Informality

“Politicians’ first-name basis… is a mercenary maneuver to gain our confidence on the cheap. It is literally a con game.” ~Donald J. Boudreaux

Is America’s Cultural Glue Weakening?

“Not so long ago in America it was considered rude to ask anyone other than one’s inner social circle which positive moral actions they undertook. But it now happens every second of every day.” ~David Rose

Business Conditions Monthly July 2024

“The key question, moving forward, is whether the Federal Reserve’s shift to accommodation will be sufficient to counteract the emerging signs of economic contraction.” ~Peter C. Earle

Organ Shortage: Two Ways to Boost Supply

“Every now and then we encounter a problem that does have a solution. The kidney shortage is one of these problems.” ~Don Boudreaux

Biden-Harris Magical Labor Market Claims 

“Damage to real wages began with Biden’s ‘Day One’ energy and regulatory Executive Orders, which reduced productivity and real GDP.” ~John Tatom

In Policy, Vagueness is No Virtue  

“Vagueness virtually ensures bad policies, if advancing Americans’ well-being —rather than party power — is the criterion.” ~Vincent Geloso

The Dangerous Reinterpretation of Freedom 

“When freedom from coercion is no longer a shared societal goal, history teaches that unimaginable horrors can be just around the corner.” ~Barry Brownstein