The Institute for Economic Education at East Texas Baptist University has produced a funny music video titled The Legend of Tall Paul. Paul Volcker, of course, is widely credited with getting monetary policy under control in the 1980s, ushering in a period in US economic history known as the Great Moderation. Enjoy!
Why Is Housing So Partisan in the Northeast?
In a recent blog post, Matt Yglesias chides northeastern Republicans for opposing pro-housing deregulation in state legislatures: Republicans have led several major pushes for housing reform in red states. These efforts […]
Three Goals for Trump’s Trade Negotiations
The Trump administration has increased tariff rates on dozens of countries in part to kickstart trade policy negotiations. These tariffs include 10-percent tariffs on dozens of countries, tariffs of over […]
Business Conditions Monthly April 2025
AIER’s Business Conditions Monthly indicators suggest that the US economy remained under pressure in April, with the Leading Indicator slipping further into contractionary territory. After March’s sharp 12-point drop, the […]
What is Central Bank Independence?
The explainer defines central bank independence, describes its theoretical desirability, and reviews classic and contemporary studies on how central bank independence affects key macroeconomic variables.