“…Limiting access to credit through these regulations and reducing competition in credit markets would do far greater damage to Americans hoping to access credit.” ~Peter Earle and Thomas Savidge
“From a high of almost 35 percent after World War Two, the poverty rate had already fallen to 19 percent in 1964. It continued its downward trend over the next few years, then has stagnated between 10 percent and 15 percent ever since.” ~Nikolai Wenzel
“The debt problem is a spending problem, not a revenue problem. Research shows that raising taxes covers barely a fraction of the outstanding debt.” ~Thomas Savidge and Ryan Yonk
“If other governments insist on harming their countries’ economies with such interventions, that’s their business. We can pity the citizens of those countries.” ~Donald J. Boudreaux
“Consumers clearly have options when it comes to search, but because they consistently choose one product over the other does not mean that the exclusive contracts indicate anticompetitive behavior.” ~Spence Purnell
“While the Federal Reserve’s progress in controlling inflation may provide the latitude needed to begin rate cuts aimed at supporting employment…the United States has either entered, or is on the verge of entering, a recession.” ~Peter C. Earle
The size and scope of the national debt is enormous, and like all debt is driven by the reality of spending exceeding resources and an expectation that future taxpayers will be able to pay for today’s programs and activities.
“The math of 2 percent compound shrinkage demonstrates that the Fed wants to depreciate the dollar’s purchasing power by 80 percent in each average lifetime. Somehow the Fed never mentions this.” ~Alex Pollock
“Even under this supposed solution to a market failure, we’re getting less public goods than we get shafted for. Like many other well-intentioned public finance policies, in time they turn into pure money grabs.” ~Joakim Book
AIER is a leader in the creation, dissemination, and promotion of top-tier scholarly research.
Global network of business professionals committed to advancing free trade, individual freedom, and responsible governance.
From internships to week-long colloquia, AIER offers a variety of opportunities for professionals and students alike.
250 Division Street | PO Box 1000
Great Barrington, MA 01230-1000
Press and other media outlets contact
888-528-1216
press@aier.org
AIS is a fully owned subsidiary of AIER
This work is licensed under a
Creative Commons Attribution 4.0 International License,
except where copyright is otherwise reserved.
© 2021 American Institute for Economic Research
Privacy Policy
AIER is a 501(c)(3) Nonprofit
registered in the US under EIN: 04-2121305
