In the long run, growth in the money supply will likely cause inflation, meaning a decline in the dollar’s purchasing power. Following the Great Recession, the Federal Reserve undertook unprecedented measures to jump-start the economy. The Fed dropped …
READ MORERegulators misdiagnosed the causes of the 2007–8 financial crisis when they blamed private sector greed and largely ignored the role of government policy, which in fact laid the groundwork for the financial crisis. But the CBO has introduced an intrigu …
READ MOREA freely traded digital currency backed by gold may be just around the corner. This week, at the MIT Technology Review’s Business of Blockchain conference, I heard Sandra Ro of CME Group (which operates the world’s largest futures and options exchange) …
READ MOREThe labor force participation rate began a gradual decline after peaking in the spring of 2000. If the decline is to be reversed, we may need to reassess federal transfer payments that exacerbate the ongoing trend. As the dot-com crash and 2001 recessi …
READ MOREAIER’s founder Col. E.C. Harwood encouraged “the educational aspects of the Institute’s work to be specifically aimed at teachers.” In addition, Harwood was interested in integrating John Dewey’s approaches to stimulating students’ and teachers’ intell …
READ MOREOne common question to ask high school seniors is what they will be doing after graduation. In Chicago, they may need to get ready to answer that question at the graduation ceremony itself. Mayor Rahm Emanuel has proposed that in order to graduate, Chi …
READ MOREIn my recent AIER article on student debt, I discussed proposed incentives to encourage colleges to spend more resources on retaining rather than recruiting students. Last week, Doug Webber of Temple University discussed one of these proposals in detai …
READ MOREAIER’s Money School is a financial literacy program that supports survivors of domestic and sexual violence. AIER developed a curriculum that helps the survivors gain the knowledge, confidence, and connections to build their financial future. We collab …
READ MOREAs airlines often do, last week, United Airlines overbooked a flight. But this time, all was not well. Overbooked flights are nothing new. According to the Federal Transit Authority, U.S. airlines convinced over 400,000 passengers to give up their seat …
READ MOREWhat if progressives could provide health insurance to millions, send millions more to college, and keep organizations like the National Endowment for the Arts and PBS fully funded? What if those moves couldn’t be fought by the Trump administration? Pr …
READ MOREThe federal government has run a budget deficit since 2001, which has contributed to the national debt and brought the federal debt-to-GDP ratio to over 100 percent, near an all-time high. If the government doesn’t deviate from its dangerous fiscal pat …
READ MOREOngoing federal budget deficits have contributed to a federal debt near an all-time high. The government could reduce the deficit by reducing spending or raising taxes. Growth in the private sector could also help reduce the deficit. Some policymakers …
READ MORE250 Division Street | PO Box 1000
Great Barrington, MA 01230-1000
Press and other media outlets contact
888-528-1216
press@aier.org
This work is licensed under a
Creative Commons Attribution 4.0 International License,
except where copyright is otherwise reserved.
© 2021 American Institute for Economic Research
Privacy Policy
AIER is a 501(c)(3) Nonprofit
registered in the US under EIN: 04-2121305