The Economic Fundamentals of Jobs

– May 11, 2020

The only answer, as always, is to end the lockdowns as soon as possible so that businesses can resume with market-disciplined investors and the marketplace itself guiding their decisions.


Imperial College Model Applied to Sweden Yields Preposterous Results

– April 30, 2020

What this finding tells us about the ICL projections for the United States and United Kingdom will require additional data and code transparency from Ferguson and the rest of the original model’s architects. But the Swedish adaptation paints an underwhelming picture of its predictive ability.


How Fanatics Hack Our Minds (And Why We Let Them)

– April 25, 2020

When we choose to see beyond the “we have no choice” mindset, limitless solutions will begin to come into view. The future of America depends, not upon bailouts or a fast-tracked vaccine, but upon individuals choosing to recover their senses.

Revive the economy

This Economy Can be Revived

– April 7, 2020

My aim here is to explain what is left out by modern economic theory and the extent to which modern theory distorts our understanding of economic realities.


The Coronavirus Pandemic Is Not Exponential

– April 5, 2020

It is farcical that people who until a few weeks ago couldn’t even spell the word “exponential” – let alone explain what it meant – ran straight across this intellectually hysterical spectrum and made the opposite mistake: drawing exponential curves until they ran out of paper or whiteboards.


You Are Conserving Toilet Paper, Aren’t You?

– April 1, 2020

Never take toilet paper for granted again. Never take anything for granted again. Let’s come out of this with a new appreciation for the astonishingly productive power and humanitarianism of markets.


Is a New Renaissance Possible?

– January 3, 2020

There’s good reason to be excited for the new year. All signs point to a serious revival of the ideas that undergird a free society. AIER can lead the way.  As the end of the year approached, I received a note from a highly respected scholar and o …


That Time When the New York Times Called for a $0 Minimum Wage

– January 2, 2020

We aren’t just talking about the poor. We are talking about your sons and daughters, nephews and nieces, your disabled first grandchild who would enjoy the dignity of work instead of being forcibly excluded by state policies.


Why Is the System Rigged?

– December 13, 2019

It’s crazy season, that special time on the American calendar when aspiring candidates for the nation’s highest office try to outdo each other in an effort to attract more voters to their platforms. This time around, background support is provided by a …


How Economics Can Ruin Christmas, in a Good Way

– December 3, 2019

Some time ago, I resigned myself to the fact that economists are the wet blankets of the world. We can ruin almost any proposal and almost any situation with just a couple of analytical tools and the words “unintended consequences.” Rent control? It ca …


AIER and Giving Tuesday

– December 3, 2019

As you have noticed, the American Institute for Economic Research has enjoyed a wonderfully productive year. There are events every few days, new books every couple of weeks, one hundred or more substantial articles per month, a constant stream of visi …


You Are Harming No One or Anything by Not Spending on Black Friday

– November 28, 2019

With Black Friday upon us, here’s something important to remember: you’re not “helping the economy” by spending intemperately and making imprudent impulse purchases. You’re just… spending intemperately and being imprudent. There’s nothing inherently wr …