For nearly a century, economists struggled with the famous diamond-water paradox. Water, while so essential for life, is so cheap. Diamonds, on the other hand, are luxuries that command such…
Category:
Economy
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The ACLU is raising concerns about the abuse of automated license plate reader (ALPR) technology in the wake of a disconcerting story out of Kansas. The technology, which has been…
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When Polonius tells Laertes in Hamlet, “Neither a borrower nor a lender be,” perhaps Shakespeare was speaking from family experience. In the early 1570s, his father, John Shakespeare, was accused…
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The recent rescission of the US Environmental Protection Agency (EPA) Greenhouse Gas Endangerment Finding and Motor Vehicle Greenhouse Gas Emission Standards Under the Clean Air Act marks one of the…
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My colleague Paul Mueller recently published an AIER Paper on Fusionism. He was kind enough to share it with me for review. I agreed with most, and disagreed with some,…
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The February 2026 AIER Business Conditions Monthly (BCM) highlights a notable divergence across the economic cycle, with forward-looking indicators softening, contemporaneous measures deteriorating, and lagging data continuing to reflect earlier…
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The February 2026 AIER Business Conditions Monthly (BCM) highlights a notable divergence across the economic cycle, with forward-looking indicators softening, contemporaneous measures deteriorating, and lagging data continuing to reflect earlier…
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In February, the Tax Foundation’s Jared Walczak observed that not long ago, it was still possible to speak of a “typical” state income tax with a top rate of about…
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The economic history of commercial airline flight began with courageous pilots and entrepreneurs in the American West. They could hardly have imagined the proliferation of the industry and its low…
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Economics is a peculiar science. On the one hand, it is the queen of the social sciences and offers a powerful logic for understanding the world. On the other, as…