Daily Economy
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AIER’s Everyday Price Index Jumps 0.61 Percent in February 2026
Official CPI suggests moderating inflation, but our in-house index clocks the largest increase in 13 months. Affordability will worsen with the outbreak of war with Iran.
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Soundness, Trust, and the Real Case Against Fiat Money
The strongest objections to fiat money are moral and institutional, not legal. Inflating a currency erodes trust over time, but it isn’t counterfeiting.
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But What About China? A Response to Tariff Advocates
Erratic tariff policy is alienating our allies, weakening exactly the coalition we’d need to address Beijing’s behavior.
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What a Children’s Book Taught Me About Core Economic Principles
Despite having no formal economics training, Richard Scarry captures Say’s Law through Busytown’s everyday interactions.
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Medicare’s Hidden Fertility Problem
We’re producing too few workers to support more retirees, living longer. The demographic trap has sprung on pay-as-you-go taxation.
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How Concerning Are the February Jobs Numbers?
Slow job growth is expected when we remain near full employment and the working-age population is growing slowly.
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The Year of Adam Smith: Why the Savvy Scotsman Remains So Important
Smith’s work shaped modern political economy, and his insights into human cooperation remain as relevant today as they were in 1776.
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Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
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Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
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AI Won’t Fix America’s Looming Debt Crisis
Even if the government hits the tax revenue jackpot, it’s naïve to assume lawmakers would pay down the debt.
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•
AIER’s Everyday Price Index Jumps 0.61 Percent in February 2026
Official CPI suggests moderating inflation, but our in-house index clocks the largest increase in 13 months. Affordability will worsen with the outbreak of war with Iran.
-
•
Soundness, Trust, and the Real Case Against Fiat Money
The strongest objections to fiat money are moral and institutional, not legal. Inflating a currency erodes trust over time, but it isn’t counterfeiting.
-
•
But What About China? A Response to Tariff Advocates
Erratic tariff policy is alienating our allies, weakening exactly the coalition we’d need to address Beijing’s behavior.
-
•
What a Children’s Book Taught Me About Core Economic Principles
Despite having no formal economics training, Richard Scarry captures Say’s Law through Busytown’s everyday interactions.
-
•
Medicare’s Hidden Fertility Problem
We’re producing too few workers to support more retirees, living longer. The demographic trap has sprung on pay-as-you-go taxation.
-
•
How Concerning Are the February Jobs Numbers?
Slow job growth is expected when we remain near full employment and the working-age population is growing slowly.
-
•
The Year of Adam Smith: Why the Savvy Scotsman Remains So Important
Smith’s work shaped modern political economy, and his insights into human cooperation remain as relevant today as they were in 1776.
-
•
Stop Lamenting Inequality—Start Questioning Bad Policy
Global inequality has narrowed and the poor are gaining ground. If the system feels rigged, we should look to government policies that suppress competition and reward insiders.
-
•
Reflections on Four Decades of Teaching ECON 101
The most important lessons of an economic way of thinking haven’t changed much in 40 years. But the students have.
-
•
AI Won’t Fix America’s Looming Debt Crisis
Even if the government hits the tax revenue jackpot, it’s naïve to assume lawmakers would pay down the debt.