America has always prided itself on not being a socialist nation. But President Donald Trump now hails a new “golden age” — sold with the optimism of Ronald Reagan’s “Morning…
Category:
Economy
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On September 5, President Trump signed an executive order making The Department of War an official secondary name for The Department of Defense, seemingly with the expectation that legislation will…
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The laws of economics can be seen at work nearly everywhere if one only endeavors to take note of them. That which Frédéric Bastiat wrote is “not seen” is not…
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The AIER Everyday Price Index (EPI) rose 0.21 percent to 296.7 in August 2025. Our proprietary inflation index is up 2.9 percent since January 2025, and this increase marks its…
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Peter C. Earle The AIER Everyday Price Index (EPI) rose 0.21 percent to 296.7 in August 2025. Our proprietary inflation index is up 2.9 percent since January 2025, and this…
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The laws of economics can be seen at work nearly everywhere if one only endeavors to take note of them. That which Frédéric Bastiat wrote is “not seen” is not…
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On September 5, President Trump signed an executive order making The Department of War an official secondary name for The Department of Defense, seemingly with the expectation that legislation will…
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In a recent Wall Street Journal op-ed, former Federal Reserve Bank of Philadelphia President Patrick Harker recounts an interaction with a protester who did not understand the Fed’s limits: Early…
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This year marks the ninetieth anniversary of the Banking Act of 1935, the law that gave the Federal Reserve its current structure. Often overshadowed by the 1933 Act, which created…
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“History doesn’t repeat, but it often rhymes,” is a famous saying attributed to American author Mark Twain. When you read today’s news about the French government and its debt situation,…