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December 10, 2020
Robert Hughes

Gas and Groceries Pull Down the Everyday Price Index in November

“AIER’s Everyday Price Index fell 0.2 percent in November, led by gas and groceries. Effects of the pandemic and government restrictions may impact relative prices in the short term.” – Robert Hughes

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Robert E. Wright

The Problem of Systematic Corruption

“What is to be done? We have to keep the promise of liberty, especially of voluntary association and competitive markets, alive and remember that no matter how bad things get, the solution to most of our problems, radically smaller government and greatly increased economic freedom, can always be implemented tomorrow, one way or another.” ~ Robert E. Wright

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Clifford Thies

HeterosKedasticity or HeterosCedasticity, That Is the Question

“The deviation of the real world from normal gives opportunity for improvement, if we are able to take advantage of positive deviations and minimize the harm of negative deviations. If we can do that, things don’t average out. Progress can come out of the filtering of randomness. Our worth, as individuals, comes not merely how we are similar to others, but to how we are different.” ~ Clifford F. Thies

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Robert Hughes

Weekly Initial Claims for Unemployment Benefits Jump to an Eleven-Week High

“Initial claims for unemployment benefits rose again, sustaining doubts about the durability of the recovery.” – Robert Hughes

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J.P. Koning

A Simpler and More Accurate Way to Teach Money to Students

“Money isn’t best thought of as a medium of exchange, unit of account, and store of value. Let’s just think of it as just a medium of exchange and a unit of account. For the most part these circles overlap, and the two functions are united. But this isn’t always the case.” ~ J.P. Koning

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