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One mistake made frequently by economists is to focus on the destination rather than the journey. We like setting two sides of an equation equal, solving for a variable and […]
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AIER has a long history of warning against the dangers of inflation (see, for instance, founder E.C. Harwood’s 1976 book, “The Money Mirage: Luring Businessmen, Savers, and Investors to their […]
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Existing-home sales fell 3.7 percent in February but were still 5.4 percent above year-ago levels. Sales for February came in at a seasonally-adjusted annual rate of 5.48 million, down from […]
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In the February 2017 edition of Gold Investor, published by the World Gold Council, former Federal Reserve Chairman Alan Greenspan provided his views on gold. In his interview for Gold […]
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In 1917 a debt limit was established for WWI Liberty Bonds. The Treasury was allowed to issue Liberty Bonds up to a limit without asking for Congressional approval. This streamlined […]
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Today I am focusing on the fifth criterion for exemplary professional development workshops for teachers that is outlined in the Every Student Succeeds Act, or ESSA, and clearly defined in […]
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Capping off a mostly good week for the economy, economic reports released today show accelerating growth in manufacturing and continuing consumer optimism about the future. Industrial production in the U.S. […]
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President Trump released his proposed budget yesterday. The proposed budget would pay for an increase in defense spending by making cuts across other federal government agencies. The proposed budget also […]
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President Trump released a Budget Blueprint for 2018 on Thursday. The budget proposes a large increase in defense spending paid for by broad cuts to other federal government agencies. Compared […]
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The labor market is gaining strength. The number of open jobs across the economy increased to 5.63 million in January, the ninth highest level on record. The private sector is […]
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The Federal Reserve raised its target for the federal funds rate by 25 basis points to a range of 0.75 percent to 1.00 percent. The move was the third rate […]