It’s not that we as a humane culture reject the idea of self-ownership. It’s that we don’t take it very seriously in our politics. Everyone believes it; no political system practices it.
READ MOREThis year AIER has published a constant stream of outstanding content from some of the best writers in the social sciences. The range is remarkable: current commentary, deep research, historical material, pure theory, logical analytics, and so much more.
READ MOREWill large, vertically integrated firms as we have known them disappear?
READ MOREThe atmosphere at AIER makes for a welcome contrast with the civic culture of division and anger that dominates politics and mainstream news. We are focused on the long term, and on truth and integrity as the desiderata of intellectual value.
READ MOREThis makes millennials the first generation in a while to be forced to postpone saving for homes simply because their student loans take up so much of their income. No wonder the growing debt related to higher education has now achieved “crisis” levels.
READ MOREThey want us to use rags, sponges, and mops again for all our small spills in the kitchen? Forget it. We don’t want cross contamination. We don’t want stinky sponges around our food. We don’t want to drag out buckets and rags just to remove that spilled milk on the counter. We don’t need a new paper-towel tax; such a thing might inspire riots in the streets, and should. Our hands will be cold and dead before they pry the paper towels from our fingers.
READ MOREThe increased violence near the US borders is the result of the current drug prohibition and will likely inflame with further prohibitory measures.
READ MOREMarkets guided by prices daily lead each of us to share happily and abundantly with each other despite the reality that we are, to each other, mostly strangers. Familiarity, affection, and brotherly love are virtuous feelings but these feelings do not contribute as reliably to our material well being as does market exchange.
READ MORESince neither politician, activist, nor voter are held responsible for our actions when a policy goes wrong, blame (or praise for that matter) is also highly distributed. This distribution of blame then diminishes the responsibility of those who might plausibly be held most culpable for the bad consequences.
READ MOREMarket prices weave consumers together with each other, and with producers, into a humane and peaceful community of sharers.
READ MOREThe truth is that when you live, as I do, in Arlington ,Virginia , and work near Washington, D.C., you know all too well that humility is a very scarce commodity.
READ MOREThe theory of perfect competition should be utterly rejected, both as a theory of competition (which it is not) and as offering an appropriate standard against which to judge real-world markets (which it does not).
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