AIER has submitted amicus curiae briefs to the New Hampshire Supreme Court in the combined cases Rand v. State and ConVal v. State. We took this step because our economic research is directly relevant to the issues raised in these cases.In Rand, the tr …
READ MOREIt’s been said that the only constant in life is change. That idea certainly holds true for economies. Research at AIER is based on sound economic theory and backed by empirical analysis. The same combination of theory and empirical study is the foundation of our Business-Cycle Conditions model. In simple terms, our model is a set of economic indicators combined in a way that anticipates turning points in a business cycle. We stress that our use of the statistical indicators is only one of the tools available to help forecast the near-future, cyclical trend of business activity.
READ MOREThe more government inflates the money supply, the more that prices will eventually go up.
READ MOREIf there is one entity this article can definitively criticize, it is the DOJ itself. In both the current AT&T/Time Warner matter and the NBCU/Comcast merger it allowed with numerous conditions in 2011, it relied on economic logic that can be called into question and mathematical models that were intended to formalize broad concepts in an academic setting, not predict the future with enough precision to provide grounds to approve or block multibillion-dollar mergers.
READ MOREA phenomenon known as the Replication Crisis is challenging the seemingly unquestionable authority and accuracy that a published study in the natural sciences is expected to have, inviting the question as to whether economists should aspire to the standards of natural scientists or to something better.
READ MOREIt only takes a quick glance at recent news to know Bitcoin is volatile; its fluctuations in price have made headlines for months now. But exactly how volatile is it relative to commonly used currencies, and how does that affect this cryptocurrency’s ability to actually be a usable medium of exchange?
READ MOREAlthough economists around the globe may not yet share a common method of inquiry as biologists, physicists, and chemists do, E.C. Harwood had a vision of an inevitable future of economics based on the scientific method. He proclaimed, “Organized intelligence shall triumph over the infantile, the primitive, the prescientific economic knowings of mankind.”
READ MOREInterfering with trade will make everyone poorer.
READ MOREWhy should the government encourage homeownership?
READ MOREGovernment intervention is the chief obstacle to mobility. Lower-income people would benefit immeasurably from the scrapping of those interventions.
READ MORETrump-appointed FCC Chairman Ajit Pai condemns the current rules because of their preemptive nature.
READ MOREJudging by much business news, you’d forget that the consumer is the raison d’être for economic activity.
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