Daily Economy
-
The American Health Care Act Would Eliminate Government Mandates
President Trump demanded that the House vote on the American Health Care Act today. It is not certain if the American Health Care Act will pass. The House Freedom Caucus, an important conservative voting bloc, is not on board. If the American Health Care Act passes it will roll back much of President Obama’s signature…
-
A Simple Improvement to College Admissions
One big concern with U.S. higher education is low graduation rates. Barely half of enrollees at four-year institutions graduate within six years. Dropping out of college is a double blow to many students: they pay the direct costs of college for the time they were enrolled without earning the degree that would increase their future earnings…
-
Inflation as Mud in the Economic Water
AIER has a long history of warning against the dangers of inflation (see, for instance, founder E.C. Harwood’s 1976 book, “The Money Mirage: Luring Businessmen, Savers, and Investors to their Economic Deaths”). Most observers of the economy are likely familiar with the most well-known of these critiques, such as the transfer of wealth from savers…
-
Existing Home Sales Fall Slightly but Remain at a High Level
Existing-home sales fell 3.7 percent in February but were still 5.4 percent above year-ago levels. Sales for February came in at a seasonally-adjusted annual rate of 5.48 million, down from 5.69 million in January. The February pace is well above the post-recession low of 3.45 million in 2010, but well below the housing-bubble peak of…
-
Greenspan on Gold
In the February 2017 edition of Gold Investor, published by the World Gold Council, former Federal Reserve Chairman Alan Greenspan provided his views on gold. In his interview for Gold Investor magazine, Greenspan makes several very important observations about the economy and the role of gold. First, the risk of inflation is beginning to rise…
-
The Federal Government Comes Up Against the Debt Ceiling
In 1917 a debt limit was established for WWI Liberty Bonds. The Treasury was allowed to issue Liberty Bonds up to a limit without asking for Congressional approval. This streamlined wartime financing. In 1939, an overall debt limit was established. According to the Bipartisan Policy Center, since the debt limit was established it has been…
-
AIER’s Teach-the-Teachers Initiative: Data Driven
Today I am focusing on the fifth criterion for exemplary professional development workshops for teachers that is outlined in the Every Student Succeeds Act, or ESSA, and clearly defined in the recent report, “Bridging the Gap: Paving the Pathway from Current Practice to Exemplary Professional Learning,” published by the Frontline Research and Learning Institute. This…
-
More Good News About Today and Tomorrow
Capping off a mostly good week for the economy, economic reports released today show accelerating growth in manufacturing and continuing consumer optimism about the future. Industrial production in the U.S. was unchanged in February following a 0.1 percent decline in January. That headline masks the significant improving trend in manufacturing and mining over the past…
-
-
Labor Market and Manufacturing Data Show Strength While Housing Lags
The labor market is gaining strength. The number of open jobs across the economy increased to 5.63 million in January, the ninth highest level on record. The private sector is even more robust with 5.17 million job openings, the fifth highest level on record. Growing confidence in the economy and in the labor market has…
-
The American Health Care Act Would Eliminate Government Mandates
President Trump demanded that the House vote on the American Health Care Act today. It is not certain if the American Health Care Act will pass. The House Freedom Caucus, an important conservative voting bloc, is not on board. If the American Health Care Act passes it will roll back much of President Obama’s signature…
-
A Simple Improvement to College Admissions
One big concern with U.S. higher education is low graduation rates. Barely half of enrollees at four-year institutions graduate within six years. Dropping out of college is a double blow to many students: they pay the direct costs of college for the time they were enrolled without earning the degree that would increase their future earnings…
-
Inflation as Mud in the Economic Water
AIER has a long history of warning against the dangers of inflation (see, for instance, founder E.C. Harwood’s 1976 book, “The Money Mirage: Luring Businessmen, Savers, and Investors to their Economic Deaths”). Most observers of the economy are likely familiar with the most well-known of these critiques, such as the transfer of wealth from savers…
-
Existing Home Sales Fall Slightly but Remain at a High Level
Existing-home sales fell 3.7 percent in February but were still 5.4 percent above year-ago levels. Sales for February came in at a seasonally-adjusted annual rate of 5.48 million, down from 5.69 million in January. The February pace is well above the post-recession low of 3.45 million in 2010, but well below the housing-bubble peak of…
-
Greenspan on Gold
In the February 2017 edition of Gold Investor, published by the World Gold Council, former Federal Reserve Chairman Alan Greenspan provided his views on gold. In his interview for Gold Investor magazine, Greenspan makes several very important observations about the economy and the role of gold. First, the risk of inflation is beginning to rise…
-
The Federal Government Comes Up Against the Debt Ceiling
In 1917 a debt limit was established for WWI Liberty Bonds. The Treasury was allowed to issue Liberty Bonds up to a limit without asking for Congressional approval. This streamlined wartime financing. In 1939, an overall debt limit was established. According to the Bipartisan Policy Center, since the debt limit was established it has been…
-
AIER’s Teach-the-Teachers Initiative: Data Driven
Today I am focusing on the fifth criterion for exemplary professional development workshops for teachers that is outlined in the Every Student Succeeds Act, or ESSA, and clearly defined in the recent report, “Bridging the Gap: Paving the Pathway from Current Practice to Exemplary Professional Learning,” published by the Frontline Research and Learning Institute. This…
-
More Good News About Today and Tomorrow
Capping off a mostly good week for the economy, economic reports released today show accelerating growth in manufacturing and continuing consumer optimism about the future. Industrial production in the U.S. was unchanged in February following a 0.1 percent decline in January. That headline masks the significant improving trend in manufacturing and mining over the past…
-
-
Labor Market and Manufacturing Data Show Strength While Housing Lags
The labor market is gaining strength. The number of open jobs across the economy increased to 5.63 million in January, the ninth highest level on record. The private sector is even more robust with 5.17 million job openings, the fifth highest level on record. Growing confidence in the economy and in the labor market has…
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