In our hyper-political era, one bothersome aspect of daily life is the increasing political stances of corporations. It’s become nearly impossible to grab a coffee, buy a book, or even…
Category:
Economy
-
-
The Federal Reserve faced an unprecedented challenge in September 2022, as it began incurring losses for the first time in 107 years. These losses have put taxpayers on the hook,…
-
The California Secretary of State recently announced that another effort to expand rent control in the state has gotten enough signatures to make the ballot next November. Michael Weinstein, who…
-
Writing in the Wall Street Journal, John Cochrane argues recent events vindicate the fiscal theory of the price level (FTPL). According to Cochrane, and other proponents of FTPL, inflation is…
-
In her excellent AIER essay “The Charge to Change Capitalism and Why the Profit Motive Must be Preserved” Kimberlee Josephson wisely warns of the dangers posed to the economy by…
-
AIER’s Everyday Price Index (EPI) increased by 0.34 percent in July 2023. With this increase, the index stands at 285.2, 0.5 percent below its level one year ago in July…
-
In an effort to better understand the intellectual foundations of what eventually came to be known as Bitcoin, we have thus far explored those of the competition in currency proposed…
-
Ludwig von Mises said something amazing, a sentence with just 25 words but with a profound insight into how societies work, or could work. The 25 words are these: The…
-
The Federal Reserve faced an unprecedented challenge in September 2022, as it began incurring losses for the first time in 107 years. These losses have put taxpayers on the hook,…
-
At a recent event at New York University, Federal Reserve Board Governor Christopher Waller described the recent policy actions by the Fed, discussed his view of the lags between monetary…