Daily Economy
-
•
It’s Who You Know: Networking and Economic Wellness
We usually think of human capital as knowledge: the education and training you need to complete a task on the job. But networks — “who you know” and how you interact with those people — are also critical to economic wellbeing.
-
•
AIER Internship Helps Students Broaden Their Horizons
AIER’s academic year internship provides an opportunity for local high school and college students to work like economists. Most of our interns spend four to six hours with us each week during their semester. We assign these students to work with a research fellow who provides direction.
-
•
Amid a Soft Patch, Some Sweet Relief
We’ve seen a mixed picture of the economy lately, with a good jobs report last week coming amid some concerning signs of core weakness. But some new data provide some reassurance that we may once again be slogging through a soft patch rather than sliding into recession.
-
•
Six (Painful) Ways to Save Social Security
With the Social Security Trust Fund projected to run out of money in 2034, and demographic shifts underway, pressure is slowly growing to find some way to keep the popular program solvent for years to come. In a new brief out today from the American Institute for Economic Research, the authors highlight the six options…
-
•
Jobs Growth Continues, But Uneven Among Industries
The U.S. economy added jobs in March and more people are joining the labor force. Employee earnings continue growing at a decent pace, which bodes well for incomes. However, goods producing industries lost jobs for the second month in a row, a continued area of concern.
-
•
Ask the Economist: Food Stamps and Low Unemployment
The Supplemental Nutrition Assistance Program (SNAP, previously known as food stamps) has about 45 million participants, near historical highs. But unemployment rates have dropped sharply since recession highs in 2009 and 2010.
-
•
Investing: What You Know Might Hurt You
By relying on familiarity as a proxy for a more thorough understanding of these generic medicines, consumers often overspend on name brand medicines. Trusting our intuition instead of relying on objective data can also lead us astray when it comes to investing.
-
•
Some Noteworthy Core Weakness
Amid a backdrop of a slow global economy and an energy slump, the U.S. economy has managed to keep growing on the back of three core areas within the domestic economy: consumer spending, housing, and business investment. In recent days, we saw indications that one of those three areas has been weakening.
-
•
Teaching Inflation, Using a Day at the Ballpark
Our Teach-the-Teachers program encourages creative ways to explain economic concepts. One alumnus, Steve Estelle, created an especially creative teaching tool: He demonstrated inflation using things purchased during a day at the ballpark.
-
•
It’s Who You Know: Networking and Economic Wellness
We usually think of human capital as knowledge: the education and training you need to complete a task on the job. But networks — “who you know” and how you interact with those people — are also critical to economic wellbeing.
-
•
AIER Internship Helps Students Broaden Their Horizons
AIER’s academic year internship provides an opportunity for local high school and college students to work like economists. Most of our interns spend four to six hours with us each week during their semester. We assign these students to work with a research fellow who provides direction.
-
•
Amid a Soft Patch, Some Sweet Relief
We’ve seen a mixed picture of the economy lately, with a good jobs report last week coming amid some concerning signs of core weakness. But some new data provide some reassurance that we may once again be slogging through a soft patch rather than sliding into recession.
-
•
Six (Painful) Ways to Save Social Security
With the Social Security Trust Fund projected to run out of money in 2034, and demographic shifts underway, pressure is slowly growing to find some way to keep the popular program solvent for years to come. In a new brief out today from the American Institute for Economic Research, the authors highlight the six options…
-
•
Jobs Growth Continues, But Uneven Among Industries
The U.S. economy added jobs in March and more people are joining the labor force. Employee earnings continue growing at a decent pace, which bodes well for incomes. However, goods producing industries lost jobs for the second month in a row, a continued area of concern.
-
•
Ask the Economist: Food Stamps and Low Unemployment
The Supplemental Nutrition Assistance Program (SNAP, previously known as food stamps) has about 45 million participants, near historical highs. But unemployment rates have dropped sharply since recession highs in 2009 and 2010.
-
•
Investing: What You Know Might Hurt You
By relying on familiarity as a proxy for a more thorough understanding of these generic medicines, consumers often overspend on name brand medicines. Trusting our intuition instead of relying on objective data can also lead us astray when it comes to investing.
-
•
Some Noteworthy Core Weakness
Amid a backdrop of a slow global economy and an energy slump, the U.S. economy has managed to keep growing on the back of three core areas within the domestic economy: consumer spending, housing, and business investment. In recent days, we saw indications that one of those three areas has been weakening.
-
•
Teaching Inflation, Using a Day at the Ballpark
Our Teach-the-Teachers program encourages creative ways to explain economic concepts. One alumnus, Steve Estelle, created an especially creative teaching tool: He demonstrated inflation using things purchased during a day at the ballpark.