Use the AIER Custom Search to find articles and research published on a specific date. If you are looking for a range of dates and / or keyword, please choose Advanced Search below.

Advanced Search

Found 2 Results
Page 1 of 1
Alexander W. Salter

Let’s get back to basics. What is a price?

A price is an exchange ratio: you must give up a certain amount of one good in order to get another good.  Barter economies have prices, which are expressed as ratios of the goods themselves.  In money-using economies, prices are expressed in the economy’s medium of exchange, which frequently makes the medium of exchange the […]

READ MORE


Robert Hughes

Economy Stronger than GDP Headline Suggests

Final estimates from the Bureau of Economic Analysis show real gross domestic product rose 2.1 percent in the fourth quarter of 2016 and 1.6 percent for all of 2016. Those results hide stronger performances in key domestic segments of the economy. Domestic demand, or real  final sales to private domestic purchasers, comprised of consumer spending, […]

READ MORE


Page 1 of 1