Daily Economy
-
Existing-Home Sales Flattening, Restrained by Low Inventory
Existing-home sales rose a modest 1.1 percent in May, held back by a tight supply of available existing homes for sale. Compared to a year ago, existing-home sales were up 2.7 percent. The inventory of homes for sale rose 2.1 percent to 1.96 million, pushing the months’ supply (the total inventory divided by the current…
-
Blockchain: Food that Regulates Itself?
Blockchain technology could revolutionize the way food supply chains work.
-
The Trump Administration Proposes Streamlining Financial Regulation
When the housing bubble burst in 2007 shortcomings were revealed in the risk-management practices of many financial institutions. During the Great Recession, the Financial Conditions Leverage Index reached the highest level since the 1970s. Financial institutions learned from the crisis and shored up their balance sheets. They have since increased their capital, raised liquidity standards,…
-
Around the Web
Some interesting reading from this week: A Firm Hand of Repression: The Espionage Act Turns 100, Damon Root, Reason The Impetus for GSE Reform, Ike Brannon, Cato Institute What if Taxpayers Could Choose if Taxes Went to the State or Federal Level?, Ryan McMaken, Mises Institute Don’t Underestimate This U.S. Expansion: It’s Headed to a…
-
Mixed Economic Data a Day After the Fed Raises Rates
The Fed raised the target range for the federal funds rate by a quarter point yesterday to 1.0 − 1.25 percent, the fourth rate increase in the current business cycle and the second increase of 2017. The Fed also updated its Summary Economic Projections, known as the dot plots, though very little changed. The more…
-
Retail Sales and CPI Fall In May
On the day the Federal Reserve is expected to raise the target for the federal funds rate for the second time this year, key economic reports have posted declines showing broad weakness. Retail sales and the Consumer Price Index fell 0.3 percent and 0.1 percent, respectively, suggesting that despite a strong labor market and monetary…
-
AIER’s Teach-the-Teachers 2017 Program Starts
The summer has started, so AIER is going on the road to provide a professional-development workshop for teachers in St. Louis, Miami, and Omaha.
-
Business Cycles Are Credit Cycles
E. C. Harwood was an unrelenting critic of the Federal Reserve and the inflationary bias of the monetary gurus.
-
Around the Web
Welcome to the first installment of Around the Web. Each Friday, we’ll highlight a few articles we came across during the week that we found particularly interesting and informative. We hope you enjoy them as much as we did. Will the Crazy Global Debt Bubble Ever End? – Charles Hugh Smith, Mises Institute …
-
Government Intervention in Health Insurance Falls Short
The Affordable Care Act, also known as Obamacare, fell short of its main objectives. The goal of Obamacare was to expand access to health care and to reduce costs.It failed because it attempted to force transactions that would not happen in a free market. The act mandated that insurance companies offer coverage in the individual…
-
Existing-Home Sales Flattening, Restrained by Low Inventory
Existing-home sales rose a modest 1.1 percent in May, held back by a tight supply of available existing homes for sale. Compared to a year ago, existing-home sales were up 2.7 percent. The inventory of homes for sale rose 2.1 percent to 1.96 million, pushing the months’ supply (the total inventory divided by the current…
-
Blockchain: Food that Regulates Itself?
Blockchain technology could revolutionize the way food supply chains work.
-
The Trump Administration Proposes Streamlining Financial Regulation
When the housing bubble burst in 2007 shortcomings were revealed in the risk-management practices of many financial institutions. During the Great Recession, the Financial Conditions Leverage Index reached the highest level since the 1970s. Financial institutions learned from the crisis and shored up their balance sheets. They have since increased their capital, raised liquidity standards,…
-
Around the Web
Some interesting reading from this week: A Firm Hand of Repression: The Espionage Act Turns 100, Damon Root, Reason The Impetus for GSE Reform, Ike Brannon, Cato Institute What if Taxpayers Could Choose if Taxes Went to the State or Federal Level?, Ryan McMaken, Mises Institute Don’t Underestimate This U.S. Expansion: It’s Headed to a…
-
Mixed Economic Data a Day After the Fed Raises Rates
The Fed raised the target range for the federal funds rate by a quarter point yesterday to 1.0 − 1.25 percent, the fourth rate increase in the current business cycle and the second increase of 2017. The Fed also updated its Summary Economic Projections, known as the dot plots, though very little changed. The more…
-
Retail Sales and CPI Fall In May
On the day the Federal Reserve is expected to raise the target for the federal funds rate for the second time this year, key economic reports have posted declines showing broad weakness. Retail sales and the Consumer Price Index fell 0.3 percent and 0.1 percent, respectively, suggesting that despite a strong labor market and monetary…
-
AIER’s Teach-the-Teachers 2017 Program Starts
The summer has started, so AIER is going on the road to provide a professional-development workshop for teachers in St. Louis, Miami, and Omaha.
-
Business Cycles Are Credit Cycles
E. C. Harwood was an unrelenting critic of the Federal Reserve and the inflationary bias of the monetary gurus.
-
Around the Web
Welcome to the first installment of Around the Web. Each Friday, we’ll highlight a few articles we came across during the week that we found particularly interesting and informative. We hope you enjoy them as much as we did. Will the Crazy Global Debt Bubble Ever End? – Charles Hugh Smith, Mises Institute …
-
Government Intervention in Health Insurance Falls Short
The Affordable Care Act, also known as Obamacare, fell short of its main objectives. The goal of Obamacare was to expand access to health care and to reduce costs.It failed because it attempted to force transactions that would not happen in a free market. The act mandated that insurance companies offer coverage in the individual…
Newsletter
Liberty and prosperity
at your fingertips.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact