The Daily Economy
Autos and Gas Drag Retail Sales Down, but Outlook Remains Favorable
Retail sales fell for the second month in a row in March, pulled down by declines in motor vehicle and gasoline sales. Retail sales and sales of food services fell […]
Why Mandate Post-School Plans in Chicago?
One common question to ask high school seniors is what they will be doing after graduation. In Chicago, they may need to get ready to answer that question at the […]
Americans Feeling Good About the Economy
The University of Michigan’s Survey of Consumers shows that Americans are feeling good about the economy. The Index of Consumer Sentiment rose to 98.0 in mid-April, up from 96.9 in […]
Should Colleges Share in Student Loan Risk?
In my recent AIER article on student debt, I discussed proposed incentives to encourage colleges to spend more resources on retaining rather than recruiting students. Last week, Doug Webber of […]
Money School Receives an Award
AIER’s Money School is a financial literacy program that supports survivors of domestic and sexual violence. AIER developed a curriculum that helps the survivors gain the knowledge, confidence, and connections […]
Free-Market Principles Would Have Prevented the Use of Force
As airlines often do, last week, United Airlines overbooked a flight. But this time, all was not well. Overbooked flights are nothing new. According to the Federal Transit Authority, U.S. […]
Labor Market Glass Is Half Full
Following last Friday’s jobs report, new labor market indicators show some mixed results but the net take-away is that the labor market has good momentum and the U.S. economy is […]
Privately Progressive
What if progressives could provide health insurance to millions, send millions more to college, and keep organizations like the National Endowment for the Arts and PBS fully funded? What if […]
Long-Term Federal Budget Projections Look Grim
The federal government has run a budget deficit since 2001, which has contributed to the national debt and brought the federal debt-to-GDP ratio to over 100 percent, near an all-time […]
A Value-Added Tax Is Not the Answer
Ongoing federal budget deficits have contributed to a federal debt near an all-time high. The government could reduce the deficit by reducing spending or raising taxes. Growth in the private […]
Don’t Panic Over Weak March Jobs Report
The headline payroll number from the March jobs report shows a gain of just 98,000 jobs in the month. That number was well below the consensus estimate of 180,000. Adding […]
Conflicting Signals on the Economy
The most recent indicators on the economy released over the first few days of April provide mixed signals about the pace of economic growth but do not suggest the expansion […]
