Economy News

from AIER

Established 1999

New England, USA

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Daily Economy

  • Economic Development on the Blockchain

    •

    Economic Development on the Blockchain

    Blockchain technology introduces a portfolio of options that may enable critical steps toward economic development.

  • Idaho’s Non-Compete Legislation Harms Workers and Start-Ups

    •

    Idaho’s Non-Compete Legislation Harms Workers and Start-Ups

    The Idaho state legislature recently passed a bill that makes it easier for companies to prevent employees from quitting their jobs and moving to competitors.

  • •

    More Signs of a Soft Patch

    Several economic reports released today provide additional evidence that the economy appears to be heading into a soft patch. First-quarter real GDP posted a meek 1.4 percent gain, held back by sharply lower auto sales. Data so far for the second quarter show continuing weakness in autos and housing. Softer GDP, housing and autos emerged…

  • Blockchain and Gold: Compliments or Substitutes?

    •

    Blockchain and Gold: Compliments or Substitutes?

    Several key factors make Bitcoin and other cryptocurrencies at best imperfect substitutes for gold.

  • Fed Faces Only Bad Options in Balance Sheet Rewind

    •

    Fed Faces Only Bad Options in Balance Sheet Rewind

    The Fed will try to reduce its balance sheet very, very slowly.

  • •

    Small-Business Optimism Fades in June, and Job Openings Decline in May

    The National Federation of Independent Business reported a drop of 0.9 points in its Small Business Optimism Index, a composite of 10 indicators created from its monthly survey of small-business members. The index came in at 103.6 in June, down from 104.5 in May. The index is constructed with 1986 set to 100. June marked…

  • •

    Strong Jobs Report Affirms Positive Outlook

    The U.S. economy added 222,000 jobs in June, the largest gain since February. Combined with upward revisions to the prior two months, the three-month average gain is 194,000, also the highest since February. Along with a rise in hours worked, a rise in average hourly earnings, and an increase in the labor force participation rate,…

  • Studying Money and Inflation at AIER’s Teach-the-Teachers Workshops

    •

    Studying Money and Inflation at AIER’s Teach-the-Teachers Workshops

    Carrying forward the legacy of E.C. Harwood, who encouraged exchange of ideas among economists and educators, I was glad to see that our Teach-the-Teachers curriculum generated a heated and intense debate.

  • •

    Purchasing Managers Report Better Economic Conditions

    The latest Manufacturing Report on Business and Non-Manufacturing Report on Business from the Institute for Supply Management suggest economic activity generally improved in June. The Manufacturing Purchasing Managers Index, a composite index for overall activity in the manufacturing sector, rose to 57.8 in June from 54.9 in May. For these measures, 50 is neutral. The…

  • •

    Around the Web – July 7, 2017

    Some enlightening reads from the web this week: Trump’s Maoist Steel Obsession by Jonathan Newman, Mises Institute Medicaid Isn’t Worth its Cost by Alex Tabarrok, Marginal Revolution A Former Politico Editor Is Using Ethereum to Help Fix Journalism by Michael del Castillo, Coindesk  

  • Economic Development on the Blockchain

    •

    Economic Development on the Blockchain

    Blockchain technology introduces a portfolio of options that may enable critical steps toward economic development.

  • Idaho’s Non-Compete Legislation Harms Workers and Start-Ups

    •

    Idaho’s Non-Compete Legislation Harms Workers and Start-Ups

    The Idaho state legislature recently passed a bill that makes it easier for companies to prevent employees from quitting their jobs and moving to competitors.

  • •

    More Signs of a Soft Patch

    Several economic reports released today provide additional evidence that the economy appears to be heading into a soft patch. First-quarter real GDP posted a meek 1.4 percent gain, held back by sharply lower auto sales. Data so far for the second quarter show continuing weakness in autos and housing. Softer GDP, housing and autos emerged…

  • Blockchain and Gold: Compliments or Substitutes?

    •

    Blockchain and Gold: Compliments or Substitutes?

    Several key factors make Bitcoin and other cryptocurrencies at best imperfect substitutes for gold.

  • Fed Faces Only Bad Options in Balance Sheet Rewind

    •

    Fed Faces Only Bad Options in Balance Sheet Rewind

    The Fed will try to reduce its balance sheet very, very slowly.

  • •

    Small-Business Optimism Fades in June, and Job Openings Decline in May

    The National Federation of Independent Business reported a drop of 0.9 points in its Small Business Optimism Index, a composite of 10 indicators created from its monthly survey of small-business members. The index came in at 103.6 in June, down from 104.5 in May. The index is constructed with 1986 set to 100. June marked…

  • •

    Strong Jobs Report Affirms Positive Outlook

    The U.S. economy added 222,000 jobs in June, the largest gain since February. Combined with upward revisions to the prior two months, the three-month average gain is 194,000, also the highest since February. Along with a rise in hours worked, a rise in average hourly earnings, and an increase in the labor force participation rate,…

  • Studying Money and Inflation at AIER’s Teach-the-Teachers Workshops

    •

    Studying Money and Inflation at AIER’s Teach-the-Teachers Workshops

    Carrying forward the legacy of E.C. Harwood, who encouraged exchange of ideas among economists and educators, I was glad to see that our Teach-the-Teachers curriculum generated a heated and intense debate.

  • •

    Purchasing Managers Report Better Economic Conditions

    The latest Manufacturing Report on Business and Non-Manufacturing Report on Business from the Institute for Supply Management suggest economic activity generally improved in June. The Manufacturing Purchasing Managers Index, a composite index for overall activity in the manufacturing sector, rose to 57.8 in June from 54.9 in May. For these measures, 50 is neutral. The…

  • •

    Around the Web – July 7, 2017

    Some enlightening reads from the web this week: Trump’s Maoist Steel Obsession by Jonathan Newman, Mises Institute Medicaid Isn’t Worth its Cost by Alex Tabarrok, Marginal Revolution A Former Politico Editor Is Using Ethereum to Help Fix Journalism by Michael del Castillo, Coindesk