Economic Trends
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Why Keynes Would Have Feared AI — and Why We Shouldn’t
The economist who predicted abundance also worried about displacement. He was only half right.
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Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
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Why Gold Continues to Buck Trends and Outperform Stocks
Geopolitical tensions and the global financial system have changed dramatically since 2000. Markets rise and fall; what’s propelling gold?
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What 122 Universal Basic Income Experiments Actually Show
After more than 100 pilots, the evidence shows that universal basic income does little to boost employment and risks unintended economic costs.
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Moralizing Markets: Vatican Bank Wades into Faith-Based Indexing
Can the Holy See and other normative authorities harness profit-seeking systems… without undermining their purpose?
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No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
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US Economic Growth Looks Slow — Until You Compare It to Europe’s
Over the past decade, the United States has outperformed every other G7 nation. Key measures show why the US is not just getting bigger, but also growing richer.
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AIER’s Everyday Price Index Edges Up 0.33 Percent as Inflation Shifts to Services
AIER’s own index posted its largest gain since June, but gains were largely cancelled out by moderation in other categories. Inflation pressures seem to be shifting rather than surging, with gradual disinflation still the dominant trend.
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Census Migration Data Show the Value of Freedom
Americans prefer to live where they can keep what they earn and be left alone — even if the freebies are better elsewhere.
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The Nationalization of AI Threatens Innovation and the American Mind
Artificial intelligence will not destroy us. But fear-driven regulation might.
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•
Why Keynes Would Have Feared AI — and Why We Shouldn’t
The economist who predicted abundance also worried about displacement. He was only half right.
-
•
Chicago’s Hotel Tax Gamble: Raising Prices to Attract Tourists
By hiking its hotel tax to 19 percent, Chicago is funding marketing meant to draw visitors — but higher costs are likely to deter the very tourists it hopes to attract.
-
•
Why Gold Continues to Buck Trends and Outperform Stocks
Geopolitical tensions and the global financial system have changed dramatically since 2000. Markets rise and fall; what’s propelling gold?
-
•
What 122 Universal Basic Income Experiments Actually Show
After more than 100 pilots, the evidence shows that universal basic income does little to boost employment and risks unintended economic costs.
-
•
Moralizing Markets: Vatican Bank Wades into Faith-Based Indexing
Can the Holy See and other normative authorities harness profit-seeking systems… without undermining their purpose?
-
•
No, First-Time Homebuyers Aren’t All 40 Now
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
-
•
US Economic Growth Looks Slow — Until You Compare It to Europe’s
Over the past decade, the United States has outperformed every other G7 nation. Key measures show why the US is not just getting bigger, but also growing richer.
-
•
AIER’s Everyday Price Index Edges Up 0.33 Percent as Inflation Shifts to Services
AIER’s own index posted its largest gain since June, but gains were largely cancelled out by moderation in other categories. Inflation pressures seem to be shifting rather than surging, with gradual disinflation still the dominant trend.
-
•
Census Migration Data Show the Value of Freedom
Americans prefer to live where they can keep what they earn and be left alone — even if the freebies are better elsewhere.
-
•
The Nationalization of AI Threatens Innovation and the American Mind
Artificial intelligence will not destroy us. But fear-driven regulation might.