Economy
Money and Inflation Are Still Related
“There is perhaps no empirical regularity among economic phenomena that is based on so much evidence, for so wide a...
Read moreWhen It Comes to Big Tech and Monopoly Power: Patience is a Virtue, Antitrust is a Vice
At the start of 2023, many in the tech sector and the venture capital world were coming to terms with...
Read moreDo Not Tarry In Eliminating Tariffs and Other Protectionist Measures
In my previous column I identified some illiberal policies that, although I wish these had never been put into place,...
Read moreEconomic Development Deals Are a Curse, Not a Blessing
As states periodically consider renewing and increasing economic development incentives, they would do well to consider the problem of the...
Read moreDC’s Dim-Witted Lightbulb Moment
Though he’s best known for his powerful metaphor of “the invisible hand,” philosopher and proto-economist Adam Smith saw a role...
Read moreFed Raises Rate, But Signals Potential Pause in May
The Federal Open Market Committee (FOMC) moved forward with an anticipated 25-basis-point increase in its federal funds rate target on...
Read moreMoral hazard is a fact of life. The Fed should focus on inflation.
February’s inflation data were an unwelcome surprise. The Consumer Price Index (CPI) grew at a continuously compounding annualized rate of...
Read moreWords & Numbers: Peter C. Earle On The Death of Silicon Valley Bank
Peter C. Earle, AIER Research Faculty and former Wall Street trader, joins AIER Senior Editor James Harrigan and Antony Davies...
Read moreLiberalism Needs No Enemies
In his instructive political fable, The Awakening of Jennifer Van Arsdale, George Leef writes, “Liberalism is the one philosophy that...
Read moreBusiness Conditions Monthly March 2023
The AIER Leading Indicator remained essentially neutral in February 2023, maintaining the level of 58 from the previous month. Our...
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