Defenders of the Argentine central bank are questioning the feasibility of dollarization. They say Argentina would need a staggering 40 billion US dollars to dollarize. With the central bank’s net…
Category:
Economy
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The Federal Trade Commission (FTC), under its chairwoman Lina Khan, has taken on some big corporations including Microsoft, Amazon, Google, and Meta. One of the FTC’s newest targets is US…
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The Great Depression was the most significant macroeconomic event of the past century, but don’t expect to find an accurate portrayal of its causes in your college history classroom. The…
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The bankruptcy filing of WeWork Inc. on November 6, 2023 came with neither a whimper nor a bang, but with a laconic shrug. Although the company has been around for…
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Over 25 percent of US adults have a diagnosable mental illness, an alarming five-percent increase from just a few years ago. While some mental illnesses are temporary and can be…
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With great sadness, we note the passing of Maureen H. Foulke, who served as a Voting Member of the AIER Corporation for over 38 years. Maureen referred to herself as…
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In September 2023, AIER’s Business Conditions Monthly indices continued on distinct trajectories. Our Leading Indicator rose from 46 to 54, remaining close to neutral, but with an expansion tilt. The…
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A recurrent trope in American politics is that the American dream — the ability to go from rags to riches — is dead (or dying). That trope has been made…
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The Federal Open Market Committee (FOMC) decided not to increase its interest rate target last week. The range for the federal funds rate remains 5.25-5.50 percent. While inflation isn’t falling…
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Something most people don’t think about when they see an 18-wheeler rolling down the road? Corporate welfare. Something many people do think about when they see that 18-wheeler, especially when…