Daily Economy
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Juneteenth and The Greatest Anti-Slavery Movement Ever
“Within two generations after the Founding, at costs in blood, sweat, and tears that most people today cannot imagine, the Americans abolished within the United States that ugly ancient practice that had existed for thousands of years elsewhere in the world.” ~ Thomas L. Krannawitter
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Announcing New Deal Rebels, edited by Amity Shlaes
“Roosevelt’s ‘New Deal’ administration had a transformative impact on American society and the understanding of the government’s role in it. AIER was similarly founded during the same era and in response to that changing nature of government. ” ~ William Ruger
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Can Artificial Intelligence Solve the Socialist Calculation Problem?
“No dictator, benevolent or malevolent, individual or committee, is free of ideology, and as dictators they will have the clout to ensure their ideological perspectives are included in the Machines’ programming, with updating as the dictator(s) believe necessary.” ~ James Hanley
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Media Manipulators and their Foul Egregores
“Media manipulation can be understood as an attempt to shape our collective sensemaking. The manipulators conjure their egregores to push a pliant public in a direction the manipulators desire.” ~ Max Borders
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How Trump and Biden Are Blowing Up the Free-Trade System America Worked So Hard to Build
“Globalization has helped generate previously unknown wealth – and health – in rich and poor nations alike. As evidenced by Trump and Biden, a President may use his unilateral tariff authority for ill.” ~ David B. McGarry
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Happy 300th, Adam Smith!
“He really did help to establish a presumption of liberty—that is, ‘allowing every man to pursue his own interest his own way’ as a presumption.” ~ Daniel B. Klein
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Some Unpleasant Federal Reserve Arithmetic
“While the Fed is trying to remove the punch bowl with its left hand by raising interest rates, it is trying to put the punch bowl back with its right hand by adding $20+ billion each month in new money to the financial system and periodic ‘assistance’ programs adding even more liquidity to the market.”…
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Punishing the Punishers
“If, though, the FBI, NEA, NPR, or the ‘Ministry of Truth’ receives an allocation of, say, only $10, the punishment for incompetence or venality has been fairly meted out, has it not? What could be more democratic than direct dollar democracy?” ~ Robert E. Wright
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The Collapse of the USSR Was One the Best Things that Happened to the Environment
“These proportions suggest that the collapse of the USSR was an incredibly cheap climate-change mitigation ‘policy.’ Indeed, the mitigation was itself a benefit to economic growth rather than a cost.” ~ Vincent Geloso
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AIER’s Everyday Price Index Declines Slightly in May 2023
“A slew of contradictory data muddying the assessment of the monetary tightening measures has recently been released.” ~ Peter C. Earle
-
•
Juneteenth and The Greatest Anti-Slavery Movement Ever
“Within two generations after the Founding, at costs in blood, sweat, and tears that most people today cannot imagine, the Americans abolished within the United States that ugly ancient practice that had existed for thousands of years elsewhere in the world.” ~ Thomas L. Krannawitter
-
•
Announcing New Deal Rebels, edited by Amity Shlaes
“Roosevelt’s ‘New Deal’ administration had a transformative impact on American society and the understanding of the government’s role in it. AIER was similarly founded during the same era and in response to that changing nature of government. ” ~ William Ruger
-
•
Can Artificial Intelligence Solve the Socialist Calculation Problem?
“No dictator, benevolent or malevolent, individual or committee, is free of ideology, and as dictators they will have the clout to ensure their ideological perspectives are included in the Machines’ programming, with updating as the dictator(s) believe necessary.” ~ James Hanley
-
•
Media Manipulators and their Foul Egregores
“Media manipulation can be understood as an attempt to shape our collective sensemaking. The manipulators conjure their egregores to push a pliant public in a direction the manipulators desire.” ~ Max Borders
-
•
How Trump and Biden Are Blowing Up the Free-Trade System America Worked So Hard to Build
“Globalization has helped generate previously unknown wealth – and health – in rich and poor nations alike. As evidenced by Trump and Biden, a President may use his unilateral tariff authority for ill.” ~ David B. McGarry
-
•
Happy 300th, Adam Smith!
“He really did help to establish a presumption of liberty—that is, ‘allowing every man to pursue his own interest his own way’ as a presumption.” ~ Daniel B. Klein
-
•
Some Unpleasant Federal Reserve Arithmetic
“While the Fed is trying to remove the punch bowl with its left hand by raising interest rates, it is trying to put the punch bowl back with its right hand by adding $20+ billion each month in new money to the financial system and periodic ‘assistance’ programs adding even more liquidity to the market.”…
-
•
Punishing the Punishers
“If, though, the FBI, NEA, NPR, or the ‘Ministry of Truth’ receives an allocation of, say, only $10, the punishment for incompetence or venality has been fairly meted out, has it not? What could be more democratic than direct dollar democracy?” ~ Robert E. Wright
-
•
The Collapse of the USSR Was One the Best Things that Happened to the Environment
“These proportions suggest that the collapse of the USSR was an incredibly cheap climate-change mitigation ‘policy.’ Indeed, the mitigation was itself a benefit to economic growth rather than a cost.” ~ Vincent Geloso
-
•
AIER’s Everyday Price Index Declines Slightly in May 2023
“A slew of contradictory data muddying the assessment of the monetary tightening measures has recently been released.” ~ Peter C. Earle