Economy News

from AIER

Established 1999

New England, USA

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Daily Economy

  • •

    When Digital Currencies Compete, Do You Win?

    While Bitcoin dominates media and investor attention, it and dozens of other “altcoins” are competing in the market, each with unique technical and economic features.

  • AIER Pioneers Collaborative Partnerships

    •

    AIER Pioneers Collaborative Partnerships

    Continuing the legacy of AIER’s founder, Col. E.C. Harwood, we are building collaborative partnerships with colleges and universities across the country.

  • •

    Job Openings Top 6 Million for the First Time

    The Bureau of Labor Statistics reported that the number of open jobs in the United States topped 6 million for the first time. The total number of open jobs hit 6.044 million in April, pushing the openings rate (the number of open jobs divided by employment plus open jobs) to 4.0 percent, matching its highest…

  • •

    ISM Reports Suggest Faster Growth but Slower Price Increases

    Two reports from Institute for Supply Management both point to similar conclusions. The “Manufacturing Report on Business” and the “Non-Manufacturing Report on Business” both suggest economic activity continues to grow at a moderate pace, employment is rising further, and price pressures have diminished. The ISM’s Manufacturing Purchasing Managers’ Index – a survey of purchasing managers’…

  • What Does the Weak May Jobs Report Mean?

    •

    What Does the Weak May Jobs Report Mean?

    The Employment Situation report from the Bureau of Labor Statistics, known as the jobs report, was weaker than expected for May. Nonfarm payrolls added just 138,000 new jobs for the month, below the consensus expectations of 178,000. Excluding the loss of 9,000 workers from government payrolls, the private sector added just 147,000 for May. That…

  • •

    The Freedom to Cooperate

    Apparently, someone should share the writings of AIER founder E.C. Harwood with Pope Francis. In a recent address, the pope criticized libertarianism as being “selfish” and “antisocial.” This unfounded characterization of free market beliefs is nothing new. In fact, Harwood debunked this view in a 1961 piece entitled “Free Competition Is Voluntary Cooperation.” Harwood posited…

  • Labor-Market Signs Stay Strong Ahead of the BLS Jobs Report

    •

    Labor-Market Signs Stay Strong Ahead of the BLS Jobs Report

    The ADP National Employment Report shows U.S. businesses added 253,000 workers in May. That result follows a revised 174,000 gain in April and makes May the sixth month in the past seven when private payrolls increased by more than 200,000. The ADP figures may not match the data from the national employment report from the…

  • •

    Excelsior Scholarship and Costs of College

    Recently on the blog, I discussed New York’s Excelsior Scholarship, which offers free tuition to New York residents to attend four-year public state universities. Today, I want to take a closer look at prices currently paid by students to see how the program might affect students from different economic backgrounds. I look at five colleges…

  • •

    A Look at The American Health Care Act

    Back in March, President Trump and Speaker Ryan failed to repeal and replace the Affordable Care Act, otherwise known as Obamacare. The GOP bill was called the American Health Care Act. The bill failed because members of the House’s Freedom Caucus refused to vote for it. The GOP leadership made changes to the AHCA and…

  • Students Give High Marks to the Field Test

    •

    Students Give High Marks to the Field Test

    In my previous blog, I described how teachers are overwhelmingly satisfied with the field test of the lesson ideas they develop at the AIER’s Teach-the-Teachers Workshop. Today, I would like to share my analysis of students’ evaluations of the implemented lessons.

  • •

    When Digital Currencies Compete, Do You Win?

    While Bitcoin dominates media and investor attention, it and dozens of other “altcoins” are competing in the market, each with unique technical and economic features.

  • AIER Pioneers Collaborative Partnerships

    •

    AIER Pioneers Collaborative Partnerships

    Continuing the legacy of AIER’s founder, Col. E.C. Harwood, we are building collaborative partnerships with colleges and universities across the country.

  • •

    Job Openings Top 6 Million for the First Time

    The Bureau of Labor Statistics reported that the number of open jobs in the United States topped 6 million for the first time. The total number of open jobs hit 6.044 million in April, pushing the openings rate (the number of open jobs divided by employment plus open jobs) to 4.0 percent, matching its highest…

  • •

    ISM Reports Suggest Faster Growth but Slower Price Increases

    Two reports from Institute for Supply Management both point to similar conclusions. The “Manufacturing Report on Business” and the “Non-Manufacturing Report on Business” both suggest economic activity continues to grow at a moderate pace, employment is rising further, and price pressures have diminished. The ISM’s Manufacturing Purchasing Managers’ Index – a survey of purchasing managers’…

  • What Does the Weak May Jobs Report Mean?

    •

    What Does the Weak May Jobs Report Mean?

    The Employment Situation report from the Bureau of Labor Statistics, known as the jobs report, was weaker than expected for May. Nonfarm payrolls added just 138,000 new jobs for the month, below the consensus expectations of 178,000. Excluding the loss of 9,000 workers from government payrolls, the private sector added just 147,000 for May. That…

  • •

    The Freedom to Cooperate

    Apparently, someone should share the writings of AIER founder E.C. Harwood with Pope Francis. In a recent address, the pope criticized libertarianism as being “selfish” and “antisocial.” This unfounded characterization of free market beliefs is nothing new. In fact, Harwood debunked this view in a 1961 piece entitled “Free Competition Is Voluntary Cooperation.” Harwood posited…

  • Labor-Market Signs Stay Strong Ahead of the BLS Jobs Report

    •

    Labor-Market Signs Stay Strong Ahead of the BLS Jobs Report

    The ADP National Employment Report shows U.S. businesses added 253,000 workers in May. That result follows a revised 174,000 gain in April and makes May the sixth month in the past seven when private payrolls increased by more than 200,000. The ADP figures may not match the data from the national employment report from the…

  • •

    Excelsior Scholarship and Costs of College

    Recently on the blog, I discussed New York’s Excelsior Scholarship, which offers free tuition to New York residents to attend four-year public state universities. Today, I want to take a closer look at prices currently paid by students to see how the program might affect students from different economic backgrounds. I look at five colleges…

  • •

    A Look at The American Health Care Act

    Back in March, President Trump and Speaker Ryan failed to repeal and replace the Affordable Care Act, otherwise known as Obamacare. The GOP bill was called the American Health Care Act. The bill failed because members of the House’s Freedom Caucus refused to vote for it. The GOP leadership made changes to the AHCA and…

  • Students Give High Marks to the Field Test

    •

    Students Give High Marks to the Field Test

    In my previous blog, I described how teachers are overwhelmingly satisfied with the field test of the lesson ideas they develop at the AIER’s Teach-the-Teachers Workshop. Today, I would like to share my analysis of students’ evaluations of the implemented lessons.