Greg Ip, chief economics commentator at the Wall Street Journal, recently wrote an interesting column about government budget deficits and interest rates. Ip’s key claim, which I think is correct,…
Category:
Economy
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(This piece is part two of a three-part series on Mound Bayou. Begin with the first, here.) Although the black-controlled town of Mound Bayou had always punched well above its…
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A quarter century ago, the American Booksellers Association (ABA), representing independent bookstores’ diminishing ranks, sued large book chains Barnes & Noble and Borders. The suit claimed that the large-volume discounts…
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It has been devilishly difficult to remove regulatory barriers to new housing, in spite of the growing support and activism of the Yes in My Back Yard (YIMBY) movement. Well-publicized…
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Many readers are familiar with Leonard Read’s classic essay “I, Pencil,” which shows how the market process facilitates cooperation amongst myriad individuals to produce simple items like a wood pencil. …
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Inflation remained high in September. The Consumer Price Index increased 0.4 percent overall during the month of September, and 0.3 percent excluding food and energy, the latest release from the…
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During a 2021 earnings call with stockholders, Pfizer Chief Financial Officer Frank D’Amelio discussed how the company was using “pandemic pricing” to charge $19.50 per COVID-19 vaccine dose, a product…
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On this episode of Liberty Curious, Kate Wand sat down with Paul Mueller, who recently joined AIER as Senior Research Faculty, to discuss the 2007-2008 Financial Crisis and its reverberation…
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Financial history tends to get short shrift in the media, so I was thrilled to learn that Bloomberg had published a piece, “Worst US Bond Selloff Since 1787 …,” putting…
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In September 2023 the AIER Everyday Price Index (EPI) rose 0.29 percent to 288.6. This is the fourth consecutive increase in EPI, and this increase takes our index to a…