AIER President Edward Stringham described the willingness of the US Congress to take on ever more debt as “crazy” when he recently appeared on a ReasonTV clip fronted by John Stossel — akin to a credit-card balance beyond one’s capacity to pay.
AIER’s Everyday Price Index Spikes Sharply in January 2025
AIER’s Everyday Price Index (EPI) leapt up in the first month of 2025, ending a string of declines which began in August 2024 but retraced slightly in December 2024. The […]
Deficit-to-GDP Ratio Near World War II Levels, CBO Finds
America’s addiction to deficit spending is out of control. But Congress lacks the courage to defuse this time bomb.
What, Exactly, Are Negative Externalities?
Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum possible human satisfaction.