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Stronger dollar may be a headwind for commodity prices The real, Broad Dollar Index of the Federal Reserve rose almost 22 percent between December 2013
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Stronger dollar may be a headwind for commodity prices The real, Broad Dollar Index of the Federal Reserve rose almost 22 percent between December 2013
How immigration affects the U.S. economy AIER founder Edward C. Harwood wrote that “free competition is seen to be that situation in which men are
Education inflation grows. The price of education is rising at a far higher rate than the overall Consumer Price Index. Education services, which include tuition
Consumers remain king, and most data suggest their reign will continue. The U.S. economy is diverse and complex. Not all segments follow the same growth
Those who dream of a world with greater economic freedom have traditionally relied on the pen, the ballot box, and sometimes the sword to effect change. But a relatively new technology called blockchain may make the computer a potent tool to achieve greater liberty.
“When adversely affected minorities are politically powerful, governments often intervene with special-privilege legislation to insulate the “injured” parties from the effects of international cooperation or
Americans’ cost of living fell relative to their earnings on average in 2016. Even though inflation ticked slightly upward, average wages grew faster. The Consumer Price Index, which measures price changes in goods and services, rose 1.7 percent. That was still low in historical terms but the second highest annual increase in the past five years. But the 2.9 percent increase in average wages was the largest wage gain over that five-year period.
AIER’s monthly Everyday Price Index inched up 0.2 percent in December, led by rising gasoline prices. The EPI measures price changes that people see in
Recent stock gains reflect high expectations for the year ahead. The Standard & Poor’s Composite Index of 500 Stocks rose 9.5 percent in 2016, with
Simplifying the tax code introduces new complexities. The complexity of the U.S. tax code, with its maze of deductions, exemptions, and different rates, imposes significant
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