Javier Milei, the surprising frontrunner in Argentina’s presidential primaries, has a bold plan for reducing inflation: getting rid of the peso altogether. His proposal, which involves adopting the US dollar…
Category:
Economy
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Since COVID, the world as most of us have known it has turned on its head with democratically-elected politicians and unelected bureaucrats seizing the moment to amass enormous powers for…
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Do you feel like we’re living in the end times? We do, sometimes. With each hit of unprecedented bad news, the country feels more and more as if it’s careening…
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In 1964, the UN Conference on Trade and Development (UNCTAD) was formed as an institutional response to the ascendance of developing countries taking part in the global marketplace. UNCTAD sought…
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“The world has never had a good definition of the word liberty, and the American people, just now, are much in want of one.” -Abraham Lincoln So Friedrich Hayek opens…
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George Will ranks very high in my pantheon of intellectual heroes. He’s one of America’s leading living champions of freedom and free markets under the rule of law. When I…
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In July 2023, AIER’s Business Conditions Monthly took varied turns. While the Leading Indicator edged up from 71 to 79, the Roughly Coincident Indicator remained at its June 2023 level…
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One of the principal assumptions guiding economic analysis is that human beings are self-interested utility maximizers. In short, individuals make choices that yield the greatest benefit net of cost. This…
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Long before the Federal Reserve was established in 1913, private banking flourished in the United States, and entrepreneurs were a major reason why. Between 1837 and 1863, when private banking…
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According to the Stanford Encyclopedia of Philosophy, “Ethically disapproving judgements that a person is ‘just using’ or sometimes simply ‘using’ another are common in everyday discourse.” One of the primary…