Daily Economy
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Manufacturing Outlook Remains Positive
Manufacturing surveys from the New York Fed and the Philadelphia Fed both showed mixed results overall in November, with many components posting small declines. However, both surveys showed improvement in the current-new-orders index and expectations for new orders six months ahead.
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Taylor Swift Knows Scarcity Drives the Price
There’s an economic lesson we can learn from how pop superstar Taylor Swift sells her music: she hypes it up, then makes it scarce.
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AIER’s Innovative Work Is Featured in a New Book
Our founder, Col. E.C. Harwood, would be proud of AIER for promoting Jon Dewey’s learning-by-doing approach and disseminating this work around the world through contributing to a new book.
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GOP Opens Door to Single-Payer Medical
The American welfare state is three reforms away from becoming a Scandinavian welfare state: universal child care, paid family leave, and single-payer medical care.
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Small-Business Optimism Rose in October
Small-business optimism remains at a high level, suggesting continued support for economic expansion. Among the biggest issues for small businesses are taxes and poor quality of labor.
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Cryptocurrency Taxation: Looking for Light at the End of the Tunnel
Imagine if every time you bought a sandwich for a few dollars, the IRS forced you to treat as capital gains or losses any change in value of those dollars on the foreign exchange market since the time you earned them. That’s the way the U.S. government treats two legitimate forms of currency: gold and…
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Solving the Transit Financing Puzzle
Aligning the goals of transit users and transit funders requires costly political changes that come with their own problems, but agencies must address their funding deficiencies if they hope for a future beyond rusty rails, crumbling concrete, and broken-down buses.
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Reckless States Are Coming for Your Online Purchases
The underlying problems that are overlooked in this discussion are the burdensome tax policies and profligate spending programs already present in many states.
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In Defense of Bitcoin Gridlock
Bitcoin’s messy governance structure might be protecting the currency, rather than preventing quick, strategic decisions.
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Conservatives and the Laffer Curve: An Ugly Love Affair
When Arthur Laffer drew this famous picture on a napkin to Donald Rumsfeld and Dick Cheney during a lunch in 1974, the reaction was ecstatic: that’s exactly what they needed, some justification for doing what politicians are best at doing anyway: giving away the goodies that don’t cost anything. The best of both worlds!
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Manufacturing Outlook Remains Positive
Manufacturing surveys from the New York Fed and the Philadelphia Fed both showed mixed results overall in November, with many components posting small declines. However, both surveys showed improvement in the current-new-orders index and expectations for new orders six months ahead.
-
•
Taylor Swift Knows Scarcity Drives the Price
There’s an economic lesson we can learn from how pop superstar Taylor Swift sells her music: she hypes it up, then makes it scarce.
-
•
AIER’s Innovative Work Is Featured in a New Book
Our founder, Col. E.C. Harwood, would be proud of AIER for promoting Jon Dewey’s learning-by-doing approach and disseminating this work around the world through contributing to a new book.
-
•
GOP Opens Door to Single-Payer Medical
The American welfare state is three reforms away from becoming a Scandinavian welfare state: universal child care, paid family leave, and single-payer medical care.
-
•
Small-Business Optimism Rose in October
Small-business optimism remains at a high level, suggesting continued support for economic expansion. Among the biggest issues for small businesses are taxes and poor quality of labor.
-
•
Cryptocurrency Taxation: Looking for Light at the End of the Tunnel
Imagine if every time you bought a sandwich for a few dollars, the IRS forced you to treat as capital gains or losses any change in value of those dollars on the foreign exchange market since the time you earned them. That’s the way the U.S. government treats two legitimate forms of currency: gold and…
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•
Solving the Transit Financing Puzzle
Aligning the goals of transit users and transit funders requires costly political changes that come with their own problems, but agencies must address their funding deficiencies if they hope for a future beyond rusty rails, crumbling concrete, and broken-down buses.
-
•
Reckless States Are Coming for Your Online Purchases
The underlying problems that are overlooked in this discussion are the burdensome tax policies and profligate spending programs already present in many states.
-
•
In Defense of Bitcoin Gridlock
Bitcoin’s messy governance structure might be protecting the currency, rather than preventing quick, strategic decisions.
-
•
Conservatives and the Laffer Curve: An Ugly Love Affair
When Arthur Laffer drew this famous picture on a napkin to Donald Rumsfeld and Dick Cheney during a lunch in 1974, the reaction was ecstatic: that’s exactly what they needed, some justification for doing what politicians are best at doing anyway: giving away the goodies that don’t cost anything. The best of both worlds!