In November 2024, all three AIER Business Conditions Monthly indicators signaled a parallel shift in economic conditions. The Leading Indicator rose sharply to 79 from 58 in October, moving decisively…
Category:
Economy
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Introduction Academic thinkers routinely identify flaws in capitalism, and propose reforms. That process is important, even healthy, as society thinks about what commercial society does and how it sustains itself. To…
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Although you may have missed the memo, leaders from around the world have gathered in Davos, Switzerland this week for the annual World Economic Forum (WEF) conference. This conference was…
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The federal old-age programs, Social Security and Medicare, are going bust. The latest trustees reports show the Social Security trust fund running out of money in 10 years and the…
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How free is your state? Why has New York gone from a beacon of liberty to a state that people now flee in droves? And why are people moving to…
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People love to laugh, and economists are easy targets. As Michael Munger explains, jokes can be a great teaching tool. A classic joke at the expense of the dismal scientists…
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My father and I went to buy a Christmas tree earlier in the week. Fortunately, it wasn’t anything like the Griswold’s epic journey to procure a tree: There wasn’t any…
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The Pilgrims’ first Christmas in the new world was remarkable, but not for the reasons you’d think. On December 25, 1621, William Bradford, the governor of the Plymouth Colony, prohibited…
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In a recent AIER article, Justice Will Sellers paid tribute to It’s a Wonderful Life, the 1946 film in which the angel Clarence appeared to George Bailey as he considered…
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The word “liberal” has a big history. As a political word, it has a definite beginning. Thanks to digitization, scholarship has proven beyond all question that “liberal” took on a…