AIER Papers
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Fusionism
Past, Present, and a Conservative Liberal Future? A reinvigorated conservative liberal Fusionism — emphasizing limited government, free enterprise, and a transcendent moral order — may offer the best hope at reconciling a broad array of communities and values to live peacefully together, serve as a bulwark against authoritarian tendencies, and form a powerful coalition to…
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Nuclear Power: A Free Market Approach
Nuclear energy is a source of clean, dependable power. It is the only carbon-free energy source that can reliably deliver power day and night on a large scale. But its potential will remain strangled by political constraints until we recognize that the path to a sustainable, competitive, and safe nuclear future runs straight through the…
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Look West, America
The American Institute for Economic Research educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.
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Have Mount Laurel Obligations Made New Jersey Housing More Affordable? A Synthetic Control Analysis of Housing Supply and Cost
This paper investigates the effect of affordable housing obligations in New Jersey on cost of living, cost of housing, and actual housing production. New Jersey’s Mount Laurel court cases established […]
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Enabling Bad Behavior: The Federal Reserve’s Municipal Liquidity Facility in Retrospect
Executive Summary In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act greatly expanded government intervention in the economy. Among many hasty creations of March […]
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Appropriations, Ambition, and the Madisonian Constitution
Consumer Financial Protection Bureau v. Community Financial Services Association of America
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Which Crypto Tokens are Securities?
This Paper proposes a simple way to differentiate which crypto tokens should be treated as securities.
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Rethinking the Fed’s Framework: Lessons from the Post-Pandemic Inflation
The paper evaluates alternative frameworks and argues that the Fed should adopt either a nominal spending target or a symmetrical average inflation target.
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A Tale of Two Populisms: Deconstructing The Neo-Brandeisian and National Conservative Models of Antitrust Law and Political Economy
This paper deconstructs and critiques the neo-Brandeisian and national conservative populisms primarily from this Schumpeterian vantage point
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An Enduring Pathway to Worker Prosperity
Where Big Labor is Lacking, Prioritizing Workers’ Choices and Free Markets Can Deliver
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Argentina, 1500-2023: An Institutional Story
Argentina serves as a case study for the relationship between institutional environments and economic growth, as reality matches the theoretical predictions: economic freedom is a necessary condition for economic growth.
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The Work vs Welfare Tradeoff Revisited
Explaining Welfare Benefits at the State Level
