Pertinent Category: Daily Economy

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AIER’s Teach-the-Teachers Alumna Presents at a National Stage

– October 19, 2017

At a recent annual conference of the Council for Economic Education, a lesson on unemployment was presented by Vicki L. Fuhrhop, a teacher at Collinsville High School in Collinsville, Ill, who is an alumna from the 2016 Chicago class. She joins the roster of teachers who implemented lesson ideas from our workshops in their classrooms.

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Sorry, Bernie Bros, “Free” College Will Cost You

– October 19, 2017

American universities are the best in the world in large part due to the presence of many that behave more like businesses that offer services. That is in contrast to institutions whose services are treated as “social rights” with prohibitions on profits.

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New Housing Starts and Permits Fell in September as Activity Appears to Plateau

– October 18, 2017

Housing starts fell in September and appear to be plateauing after rebounding from the boom-bust cycle in the early 2000s.

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How Scott Pruitt Became the Great Satan, Destroyer of Clean Energy

– October 17, 2017

The Trump administration is now moving to dismantle the whole Clean Power Plan boondoggle, and environmentalist crusaders are not happy. We hear every day that this is “genocide,” “raping the planet,” and the whole predictable litany of apocalyptic quasi-religious fear-mongering.

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Industrial Production Rebounds but Growth Remains Weak

– October 17, 2017

Economic data continue to be impacted by distortions from hurricanes, but the broad trend of very slow growth in industrial production appears to be intact.

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Why Bastiat?

– October 17, 2017

AIER has added the Bastiat Society Program to expand the reach of AIER’s mission. Through the program’s well-established chapter network of business leaders, AIER will be coordinating over 140 chapter events in 2018; panel discussions, lectures, conferences and debates that will focus on free markets and liberty.

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Do or Die: We Need a Corporate-Tax Face-Lift

– October 16, 2017

The United States does not live in an institutional vacuum; her citizens respond to tax incentives just like they do with prices. As a result of America’s onerous corporate taxes, many corporations choose to establish their headquarters in low-tax countries and also invest abroad.

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“Cosmic Seigniorage” Underscores Scarcity of Gold

– October 16, 2017

Creating gold requires an excedingly rare event and unfathomable amounts of energy.

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Update: Social Security Cost of Living Adjustment Is 2.0 Percent

– October 13, 2017

This morning, the Social Security Administration announced a cost of living adjustment for 2018 of 2.0 percent.

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Initial Claims Drift Back Down Toward Pre-Hurricane Levels While Producer Prices Rise in September

– October 12, 2017

Initial claims for unemployment insurance fell for the week ending October 7 and seem likely to drift back to their pre-storm levels.

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How America’s Roads Became More Valuable than Ever

– October 12, 2017

What caused this run-up in road asset values is a mystery, but there is good reason to believe that America’s increasingly urban mix of roadways could explain some of the disproportionate growth in road value.

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Public Choice: The Antidote to Faith in State Monopolies

– October 12, 2017

That understanding makes laughable any call for professional monopolies to police themselves, and it behooves editorial boards like that of the Times Union to show a bit more intellectual courage, call out the elephant in the room, and advocate for competitive forces.

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