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Some enlightening reads from the web this week: Trump’s Maoist Steel Obsession by Jonathan Newman, Mises Institute Medicaid Isn’t Worth its Cost by Alex Tabarrok, Marginal Revolution A Former Politico […]
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The value of shipments from U.S. manufacturers rose 0.1 percent in May, according to newly released data from the Department of Commerce. Total shipments are up 4.9 percent compared to […]
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In the fall of 1974, AIER founder E.C. Harwood wrote a letter to President Gerald Ford.
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Some informative reads from this week: Peace is Popular by Jeff Deist, Mises Institute Pakistani Economic Think-Tank Argues That Pakistani Monetary Policy Should Mimic Bitcoin by Samuel Haig, Bitcoin.com US […]
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Pre-tax and after-tax personal income posted solid gains in May, rising 0.4 percent and 0.5 percent, respectively, according to data from the Bureau of Economic Analysis. Combined with a modest […]
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Revised data from the Bureau of Economic Analysis show the U.S. economy grew at a 1.4 percent annualized pace in the first quarter. That estimate compares to a 1.2 percent […]
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Far too much uncertainty about the future exists to learn much of anything from current swings in Bitcoin’s price.
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AIER’s Summer Fellowship Program, started in 1946, continues to attract high-caliber students from prestigious colleges and universities across the United States.
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The Chicago Fed National Activity Index (CFNAI) registered a -0.26 reading in May, down from +0.57 in April. The index is a composite of 85 different economic data series divided […]
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When you hand someone a dollar bill, gold coin, or bushel of wheat, the transaction doesn’t require much effort to execute. The seller holds a physical object, and apart from […]
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A day after the National Association of Realtors reported a 2.7 percent rise in existing-home sales for the year through May, the Office of Federal Housing Enterprise Oversight, a division […]
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Existing-home sales rose a modest 1.1 percent in May, held back by a tight supply of available existing homes for sale. Compared to a year ago, existing-home sales were up […]