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One of the most controversial aspects of U.S. immigration policy is the H-1B visa program. The program currently allocates 85,000 visas to high-skill workers, especially in tech industries. Silicon Valley executives at places such as Google and Faceboo …
READ MOREMany people find cryptocurrencies such as Bitcoin appealing because they aren’t attached to any government and are thus immune to inflation associated with fiat money.
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The monthly jobs report may be the single most important data release for judging the health of the labor market. Last month, the Bureau of Labor Statistics reported the U.S. economy added just 98,000 jobs in March, well below the recent trend of about 200,000 new jobs per month.
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The Bipartisan Budget Act of 2015 suspended the debt ceiling through March of this year. In mid-March the debt ceiling was raised to the current level. The Treasury has undertaken so-called extraordinary measures to continue funding the government. In …
READ MOREIn years past, almost all retail trade was conducted at brick-and-mortar stores. Merchants depended on their reputations to drive customer traffic. But reputation mostly spread by word of mouth. Merchants risked their good reputation if they sold bad p …
READ MOREIn my last blog, I described how teachers improve their knowledge of economic concepts by attending our Teach-the-Teachers program. Today I would like to turn my attention to students. Students directly affected by our teachers are the ones who experie …
READ MOREHow much does student debt affect Americans’ chances of owning a home? Recent research gives a wide range of answers to that question. The debt definitely lowers ownership rates, but whether the effect is minor or massive depends on the exact questions …
READ MORENew orders for durable goods, items intended to last three years or longer, rose 0.7 percent in March, the third monthly increase in a row. Durable-goods orders tend to be volatile from month to month, but the details in the report provide some optimis …
READ MOREIn a recent piece for Forbes entitled “Libertarianism Needs to Be More Realistic,” Adam Ozimek writes that “many -though not all- libertarians imagine a vision of society that the vast majority of Americans simply do not want.” As a result, he argues, …
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“Canadian Bacon” is a mid-1990s satire of U.S. politics. In the film, the president tries to boost the economy by starting a war with Canada. The opening salvo involves Bud Boomer, a rural sheriff from upstate New York, sneaking into Toronto to throw g …
READ MOREAIER’s Teach-the-Teachers Initiative (TTI) is a multiday program that provides high school teachers in various disciplines with understanding of economic concepts. The novelty of the program is the Economics-Across-the-Curriculum approach, which encour …
READ MORELast week, the National Association of Realtors reported a healthy gain in sales of existing single-family homes for March. Today, the Commerce Department reported that sales of new single-family homes also rose in March. Counterbalancing the upbeat ho …
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