“In the aggregate, government spending at all levels (federal, state, and local) had a mildly negative 0.3% effect on the economy. The bottom line is that the private sector actually did a better overall job in most states than governments in terms of managing state and local economic progress.” ~ Gregory van Kipnis
READ MORE“An appreciation of modern commerce requires recognizing the ease with which the critical but commonplace can be sabotaged by seemingly innocuous measures. The backbone of all modern technology is currently scarce owing to a medley of state interventions, geopolitical wrangling, and income redistribution colliding with natural forces and short-sightedness.” ~ Peter C. Earle
READ MORE“On this episode of the Authors Corner, Ethan interviews AIER Senior Fellow Dr. Ryan Yonk on the development of China’s political economy, which blends authoritarianism with limited markets and civil liberties. They explore the initial history of the People’s Republic of China, the Chinese Communist Party, and their modern ‘Socialist state-with Chinese characteristics’ under Xi Jinping.” ~ AIER
READ MORE“The CPI will probably increase by 3-5% for all of 2021. That is not nearly as bad as the 1970s, when the rate averaged 7.4% p.a. (and peaked at 13.3% in late 1979), but it’s still bad for equity valuations.” ~ Richard M. Salsman
READ MORE“The concern over the potential for increased future price levels (‘inflation’ as measured by CPI or PCE) is largely misplaced. It may not be the most serious or most likely outcome of the ongoing ‘unconventional’ policies that have been inflating the circulating medium.” ~ Christopher Lingle
READ MORE“E.C. Harwood, the founder of AIER, noted that the USSR under its authoritarian model would never be able to economically outcompete America and the West unless we lost faith in our free market system and moved to copy the Russians. The same holds true for China today.” ~ Ethan Yang
READ MORE“We need to rethink how we portray democracy to our students and the general public. Democracy should not be construed as resting entirely upon elections. Free markets and civil society are crucial components of democratic governance, not something that stands separate from it.” ~ Anthony Gill
READ MORE“Swiss voters overwhelmingly rejected a referendum for basic income back in 2016. Further, Joe Biden expressed skepticism about the idea back in 2017, but he obviously has had a change of heart, given his current support for big, per-child handouts.” ~ Daniel J. Mitchell
READ MORE“Remedies such as using antitrust legislation or implementing additional regulations would amount to the pyromaniac acting as firefighter. After all, the problem may simply be caused by too much government intervention in the first place.” ~ Vincent Geloso
READ MORE“Every intellectual and moral superior, from the Catholic Church half a millennium ago to the New York Times army of woke, preferred-pronoun-revealing editorial writers have thought themselves arrived at the final state of affairs. If you dare deviate, if you dare question the intellectually supreme class, if you dare utter those revealing words (‘hang on a minute…’), you deserve every ill that comes your way.” ~ Joakim Book
READ MORE“We have no right to post our opinions on another’s private property. The only real monopoly is the government itself or a business given a special privilege by the government. Government is the only entity that can legally use force and it is Big Government that is the real threat to liberty.” ~
READ MORE“On this episode of the Authors Corner, Ethan interviews AIER Visiting Research Fellow and Economics PhD candidate at Middle Tennessee State University Protik Nandy to discuss occupational licensing. Occupational licensing continues to intrude into more areas of American economic life, creating little benefit for public safety while harming both workers and consumers.” ~ Ethan Yang
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