Daily Economy
-
•
Income and Spending Gains Suggest Fourth-Quarter Growth off to a Strong Start
Real disposable income and personal consumption expenditures rose in October suggesting fourth-quarter real GDP growth is off to a strong start.
-
•
Uber Responds to the Market, Invests in Making Rides Wheelchair-Accessible
Unlike public agencies, companies must adapt to make sure their consumers are happy. Otherwise, they go out of business.
-
•
The Money Museums of Canada
AIER was founded on the principle of sound money and has always had a strong connection to gold. To balance all the research and theoretical work we are doing on campus, we went on a field trip to Ottawa, the city hosting the Canadian central bank museum as well as the Royal Mint of Canada.
-
•
The Imperial Presidency Embodies Political and Economic Hubris
What is needed is a much smaller government so that free individuals can be freer to make more of their own decisions in guiding their own lives rather than a big government with an “imperial” president arrogantly attempting to command and control them.
-
•
New Home Sales Tumble in October; Corporate Profits Hit a New Record
Sales of new single-family homes fell in October and the inventory of homes for sale rose, driving months’ supply to a seven-year high. With prices and interest rates rising, the outlook for housing is unfavorable.
-
•
Play With Competitive Forces at Your Peril
In post-war Germany, Ludwig Erhard made the restoration of free trade a top priority. Above all, this meant getting rid of tariff walls.
-
•
Italy “Abolishes Poverty” by Spending More Money
Economists have pondered for centuries, if not millennia, how to get rid of poverty, starvation, and all other kinds of social ills. Seemingly they did not think about asking Luigi di Maio, the 32-year-old deputy prime minister of Italy.
-
•
The Theory of Perfect Competition Is Wholly Misleading
The theory of perfect competition should be utterly rejected, both as a theory of competition (which it is not) and as offering an appropriate standard against which to judge real-world markets (which it does not).
-
•
A Bona Fide Tax Revolt in France
Politicians and activists who blithely maintain that public support for lofty climate change projects is both bottomless and selfless are either obtuse or tacitly agitating for tyranny.
-
•
What Can Special Economic Zones Do for Us? (Video)
Sven Schütt is a visiting scholar at AIER and a MA student in the PPE program at Cevro, specializing in Austrian Economics and behavioral policy making. He is writing his MA thesis on Special Economic Zones and how they can help our nation’s wealth.
-
•
Income and Spending Gains Suggest Fourth-Quarter Growth off to a Strong Start
Real disposable income and personal consumption expenditures rose in October suggesting fourth-quarter real GDP growth is off to a strong start.
-
•
Uber Responds to the Market, Invests in Making Rides Wheelchair-Accessible
Unlike public agencies, companies must adapt to make sure their consumers are happy. Otherwise, they go out of business.
-
•
The Money Museums of Canada
AIER was founded on the principle of sound money and has always had a strong connection to gold. To balance all the research and theoretical work we are doing on campus, we went on a field trip to Ottawa, the city hosting the Canadian central bank museum as well as the Royal Mint of Canada.
-
•
The Imperial Presidency Embodies Political and Economic Hubris
What is needed is a much smaller government so that free individuals can be freer to make more of their own decisions in guiding their own lives rather than a big government with an “imperial” president arrogantly attempting to command and control them.
-
•
New Home Sales Tumble in October; Corporate Profits Hit a New Record
Sales of new single-family homes fell in October and the inventory of homes for sale rose, driving months’ supply to a seven-year high. With prices and interest rates rising, the outlook for housing is unfavorable.
-
•
Play With Competitive Forces at Your Peril
In post-war Germany, Ludwig Erhard made the restoration of free trade a top priority. Above all, this meant getting rid of tariff walls.
-
•
Italy “Abolishes Poverty” by Spending More Money
Economists have pondered for centuries, if not millennia, how to get rid of poverty, starvation, and all other kinds of social ills. Seemingly they did not think about asking Luigi di Maio, the 32-year-old deputy prime minister of Italy.
-
•
The Theory of Perfect Competition Is Wholly Misleading
The theory of perfect competition should be utterly rejected, both as a theory of competition (which it is not) and as offering an appropriate standard against which to judge real-world markets (which it does not).
-
•
A Bona Fide Tax Revolt in France
Politicians and activists who blithely maintain that public support for lofty climate change projects is both bottomless and selfless are either obtuse or tacitly agitating for tyranny.
-
•
What Can Special Economic Zones Do for Us? (Video)
Sven Schütt is a visiting scholar at AIER and a MA student in the PPE program at Cevro, specializing in Austrian Economics and behavioral policy making. He is writing his MA thesis on Special Economic Zones and how they can help our nation’s wealth.