American Institute for Economic Research

Economic Education, Free Markets, Government

Once Again, There’s No Such Thing as Market Fundamentalism

“I prefer to stick with Leonard Read and complete economic liberty. That is not because I have ‘faith’ in the market. When faced with that criticism once, the great economist Thomas Sowell rightly responded, ‘I don’t have faith in the market; I have evidence about the market.’” ~ George Leef

George Leef
– November 18, 2021

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Business Conditions

Weekly Initial Claims for Unemployment Benefits Hold at a Low Level

“Weekly initial claims for unemployment benefits continue to fall, but at a slower pace as they approach pre-pandemic levels. The tight labor market and strong demand will likely keep claims at low levels.” ~ Robert Hughes

Robert Hughes
– November 18, 2021

Authoritarianism, Crisis, Government

Pretrial “Justice” Is Anything But

“If Sixth Amendment protections were honored, it would be nearly impossible for the United States to have the highest incarceration rate in the world. Due process rights are for everyone – not just those who can pay.” ~ Laura Williams

Laura Williams
– November 18, 2021

Art and Culture, Financial Markets, Government, Inflation

The Horrors Of A Noninflationary Thanksgiving

“Thanksgiving is arriving against a backdrop of worry and complaints, as CPI inflation is up 6.2% on a year-over-year basis. Monetary policy alchemists are forcing Americans to reconsider long-held traditions this year.” ~ Peter C. Earle

Peter C. Earle
– November 18, 2021

Business Conditions

Housing Permits Rise in October, Suggesting Support for Home Demand

“Housing permits rose in October, offering some evidence that demand for housing may remain elevated. Rising home prices and potentially higher mortgage rates may be headwinds for demand while elevated commodity costs may pressure homebuilder profits.” ~ Robert Hughes

Robert Hughes
– November 17, 2021

Crisis, Free Markets, Government

What’s Become of the Overton Window?

“Shifting the Overton window upward toward more individual freedom should be the goal of liberty lovers as it would offer policy choices that infringe on individual freedom no more than absolutely necessary to achieve the goals spelled out in the US Constitution’s Preamble.” ~ Robert E. Wright

Robert E. Wright
– November 17, 2021

Energy, Government, Regulation

‘Build Back Better’ Methane Fee Means Higher Costs for Heating Oil, Natural Gas

“Environmental activists call it a ‘methane fee.’ The energy industry calls it a ‘natural gas tax.’ Either way, energy consumers are likely to feel the effects in their pocketbooks.” ~ Chris Woodward

Chris Woodward
– November 17, 2021

Education, Government, History

Everything Nancy MacLean Doesn’t Like is a Conspiracy Theory

“It would appear that MacLean’s ideological disdain for school vouchers is so intense, so fervent, and so unwavering, that she’s willing to countenance a direct partnership with racial segregationists in the service of that cause.” ~ Phillip W. Magness

Phillip W. Magness
– November 17, 2021

Business Conditions

October Industrial Output Posts Broad-based Gain

“Industrial output rebounded in October as the effects of Hurricane Ida faded and motor vehicle production jumped. It may take some time for materials shortages and logistical problems to be fully resolved, but October was a positive sign for the outlook.” – Robert Hughes

Robert Hughes
– November 16, 2021

Authoritarianism, Crisis, Government

The Church of State: Taxonomy of a New Religion

“In viewing one another as sacred individuals, even the godless might just find something a little closer to God. If we don’t reestablish a doctrine of sacredness of persons, we risk returning to the horrors that marked the twentieth century.” ~ Max Borders

Max Borders
– November 16, 2021
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