In my first essay for AIER, back in July, 2018, I wrote: I’m a ‘directional’ libertarian. That means that if a proposed new
The Bureau of Economic Analysis released its latest personal consumption expenditures price index (PCEPI) estimation on February 24. The PCEPI is the
Founding myths tend to be mired in obscurity, and like many other investment trends, the roots of environmental, social, and governance (ESG)
This week AIER’s Phil Magness joins AIER Senior Editor James Harrigan and Antony Davies on the Words & Numbers podcast to discuss
Inflation remains stubbornly high. The Personal Consumption Expenditures Price Index (PCEPI), which is the Fed’s preferred measure of inflation, increased 0.6 percent
There are four of us, standing self-consciously at an airport jetway, waiting for the ticket agent to finish printing our travel certificates.
Prior to the passage of President Trump’s Tax Cuts and Jobs Act (TCJA) in 2017, state and local income and property taxes
So many of our criticisms of Marxist practice revolve around its devastatingly bad outcomes for standards of living. There’s good reason for
Each time a recession nears, some call for governments to step in to “stimulate” the economy. Not through monetary means (printing money),
In April 1768, an opinion writer known only as “A Farmer in Pennsylvania” finished the last letter in a series decrying the
There is a growing interest in the West with the idea of a “Buddhist economics.” The German E.F. Schumacher’s Small is Beautiful:
AIER Leading Indicators rose to 58 in January 2023 from 21 in December 2022, an increase to just over the neutral level
The debt ceiling standoff between President Biden and the Republican-controlled US House of Representatives indicates Republicans care about government spending and deficits
“You can fool all of the people some of the time; you can fool some of the people all of the time,
In the (1955) edition of his top-selling Economics text, Paul Samuelson claimed economists had finally determined how economies worked. As he put