Daily Economy News

Monday, October 16th, 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.

Monday, October 16th, 2017

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

Friday, October 13th, 2017

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

Thursday, October 12th, 2017

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

Thursday, October 12th, 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.

Wednesday, October 11th, 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.

Wednesday, October 11th, 2017

The latest data on job openings suggest the labor market remains healthy and imply continued jobs growth in the coming months.

Tuesday, October 10th, 2017

Do taxpayers facing a new income tax have good reasons to believe that their states will have a brighter fiscal future? History suggests otherwise. Plain and simple, jobs migrate to where taxes are low, away from where taxes are high. And people follow.

Tuesday, October 10th, 2017

A report about the lesson conducted at The Career Academy, in Lincoln, Neb., by Ms. Nicole Barrett, a participant in Teach-the-Teachers Initiative 2017 in Omaha. This lesson was observed by James L. Olsen, AIER voting member.

Friday, October 6th, 2017

This policy study explains what I have now come to expect: ballooning and outlandish costs, impenetrable and overlapping complexity, double-dip cronyism, market distortions to give you a headache, no transparency, and, perhaps worst of all, an embedded special-interest group with an entitlement mentality, accompanied by a few spineless politicos.

Friday, October 6th, 2017

The headline data from the September jobs report was heavily distorted by Hurricanes Harvey and Irma but the underlying details suggest the labor market remains healthy.

Thursday, October 5th, 2017

On October 3, the Committee for Monetary Research and Education held a dinner in New York City featuring four distinguished speakers on the topic of blockchain technology versus fiat currency.

Wednesday, October 4th, 2017

September economic data are off to a strong start suggesting a positive outlook for consumer spending and the economy overall heading into the final quarter of 2017.

Wednesday, October 4th, 2017

Dockless bike-share companies are showing that a service that was considered by many to require a subsidized monopoly need not necessarily be so.

Tuesday, October 3rd, 2017

St. Francis Xavier University in Nova Scotia received an F for both campus and student-union policies, and their administrators reserve "the right to cancel events if they cause considerable 'emotional harm' to others."

Tuesday, October 3rd, 2017

The Fund for American Studies is 50 years old and throughout its history has focused solely on engaging students in a spirited examination of the values of a free society.

Monday, October 2nd, 2017

Trump's plan cuts rates for most taxpayers, but one seemingly innocuous sentence actually means the cuts will decrease over time.

Monday, October 2nd, 2017

Consumers are the real winners, and authoritarian governments, dependent on petroleum rents, are then forced to reform and become accountable to their citizens.

Friday, September 29th, 2017

After their chronic inability to move the needle on Obamcare reform, Republicans have now turned their attention to taxes. They have to give up show-and-tell politics for get-it-done legislation. Is that too much to ask? Hopefully, no. Probably, yes.

Friday, September 29th, 2017

While there is no substitute for free markets to truly contain health care costs, many factors complicate the debate.

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