Economics
-
•
High Prices Hurt, But Help Us Coordinate Crisis Relief
Disasters create desperate need and diminish supply at the same time. High prices reflect that painful reality and motivate us to correct the situation quickly.
-
•
AIER’s Everyday Price Index Eases in September 2024
AIER’s Everyday Price Index (EPI) declined to 0.46 percent to 289.6 in September 2024 amid mixed signals for inflationary trends.
-
•
Resource Allocation: Why You Can’t ‘Just Ignore the Economists’
“Rather than paying with money, those in search of scarce goods people will pay with their time and effort.” ~David Hebert
-
•
The Greed Theory of Inflation and the Cowardice of Economists
“By the Harris Greed Theory, corporations became increasingly greedy from June 2020 to June of 2022, and then became less greedy over time.” ~David Rose
-
•
Sense and Nonsense on Petrodollars
Last week several reports suggested the termination of a US-Saudi petrodollar agreement, and speculated a Saudi Arabian move to sell oil on world markets in various currencies, including the Chinese yuan. The accounts were rife with inaccuracies: the Saudis’ have transacted in non-dollar currencies for decades, and there has never been a formal treaty, much…
-
•
AIER’s Everyday Price Index Unchanged in May 2024
“The recent data, combined with the deceleration in core CPI in April, suggests the resumption of disinflation. But policymakers have indicated a need for several months of reduced price pressures before considering interest rate cuts.” ~Peter C. Earle
-
•
Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
-
•
The Super Market
“Something that you can purchase with income you’ve earned with just a few minutes of your work-time is something that includes the work-effort of thousands or millions of strangers.” ~Donald J. Boudreaux
-
•
Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
-
•
Inflation Continued to Decline in April
“While inflation is declining once more, members of the Federal Open Market Committee (FOMC) have suggested rates would need to remain high for longer than they had previously projected.” ~William J. Luther
-
•
High Prices Hurt, But Help Us Coordinate Crisis Relief
Disasters create desperate need and diminish supply at the same time. High prices reflect that painful reality and motivate us to correct the situation quickly.
-
•
AIER’s Everyday Price Index Eases in September 2024
AIER’s Everyday Price Index (EPI) declined to 0.46 percent to 289.6 in September 2024 amid mixed signals for inflationary trends.
-
•
Resource Allocation: Why You Can’t ‘Just Ignore the Economists’
“Rather than paying with money, those in search of scarce goods people will pay with their time and effort.” ~David Hebert
-
•
The Greed Theory of Inflation and the Cowardice of Economists
“By the Harris Greed Theory, corporations became increasingly greedy from June 2020 to June of 2022, and then became less greedy over time.” ~David Rose
-
•
Sense and Nonsense on Petrodollars
Last week several reports suggested the termination of a US-Saudi petrodollar agreement, and speculated a Saudi Arabian move to sell oil on world markets in various currencies, including the Chinese yuan. The accounts were rife with inaccuracies: the Saudis’ have transacted in non-dollar currencies for decades, and there has never been a formal treaty, much…
-
•
AIER’s Everyday Price Index Unchanged in May 2024
“The recent data, combined with the deceleration in core CPI in April, suggests the resumption of disinflation. But policymakers have indicated a need for several months of reduced price pressures before considering interest rate cuts.” ~Peter C. Earle
-
•
Protectionists Are Wrong: Free Trade is the Path to Prosperity
“Consumers and producers in America are better off with more domestic and international trade. As we don’t want to produce everything we consume daily, trading with others is the most efficient way to meet our needs.” ~Vance Ginn
-
•
The Super Market
“Something that you can purchase with income you’ve earned with just a few minutes of your work-time is something that includes the work-effort of thousands or millions of strangers.” ~Donald J. Boudreaux
-
•
Governments, Not Markets, Impel ESG
“Prominent financial institutions have backpedaled on ESG, with net outflows from ESG funds. This divestment suggests that financial institutions may have overestimated market demand for ESG.” ~Daniel Sutter and Allen Mendenhall
-
•
Inflation Continued to Decline in April
“While inflation is declining once more, members of the Federal Open Market Committee (FOMC) have suggested rates would need to remain high for longer than they had previously projected.” ~William J. Luther