Research Briefs

  • AIER Defends Local Control in Key New Hampshire Tax and Education Cases

    AIER has submitted amicus curiae briefs to the New Hampshire Supreme Court in the combined cases Rand v. State and ConVal v. State. We took this step because our economic […]

  • The AIER Business Conditions Monthly (BCM) Model

    It’s been said that the only constant in life is change. That idea certainly holds true for economies. Research at AIER is based on sound economic theory and backed by empirical analysis. The same combination of theory and empirical study is the foundation of our Business-Cycle Conditions model. In simple terms, our model is a…

  • Inflation Was Low in 2017, But Concerns Remain

    The more government inflates the money supply, the more that prices will eventually go up.

  • The Real Problem With the DOJ’s Decision to Block the AT&T–Time Warner Merger

    If there is one entity this article can definitively criticize, it is the DOJ itself. In both the current AT&T/Time Warner matter and the NBCU/Comcast merger it allowed with numerous conditions in 2011, it relied on economic logic that can be called into question and mathematical models that were intended to formalize broad concepts in…

    The Real Problem With the DOJ’s Decision to Block the AT&T–Time Warner Merger
  • Should Economics Attempt to Replicate the Natural Sciences?

    A phenomenon known as the Replication Crisis is challenging the seemingly unquestionable authority and accuracy that a published study in the natural sciences is expected to have, inviting the question as to whether economists should aspire to the standards of natural scientists or to something better.

    Should Economics Attempt to Replicate the Natural Sciences?
  • Bitcoin’s Price Volatility is Trending in the Wrong Direction

    It only takes a quick glance at recent news to know Bitcoin is volatile; its fluctuations in price have made headlines for months now. But exactly how volatile is it relative to commonly used currencies, and how does that affect this cryptocurrency’s ability to actually be a usable medium of exchange?

    Bitcoin’s Price Volatility is Trending in the Wrong Direction
  • E.C. Harwood and Rigorous Methods of Inquiry in Economics

    Although economists around the globe may not yet share a common method of inquiry as biologists, physicists, and chemists do, E.C. Harwood had a vision of an inevitable future of economics based on the scientific method. He proclaimed, “Organized intelligence shall triumph over the infantile, the primitive, the prescientific economic knowings of mankind.”

    E.C. Harwood and Rigorous Methods of Inquiry in Economics
  • Make-Work Is Wasteful

    Interfering with trade will make everyone poorer.

    Make-Work Is Wasteful
  • The Tax Code Should Not Be Used to Influence Home Buyers

    Why should the government encourage homeownership?

    The Tax Code Should Not Be Used to Influence Home Buyers
  • How the Government and Special Interests Thwart Economic Mobility

    Government intervention is the chief obstacle to mobility. Lower-income people would benefit immeasurably from the scrapping of those interventions.

    How the Government and Special Interests Thwart Economic Mobility
  • End Net Neutrality

    Trump-appointed FCC Chairman Ajit Pai condemns the current rules because of their preemptive nature.

    End Net Neutrality
  • Consumption Is the Purpose of Production

    Judging by much business news, you’d forget that the consumer is the raison d’être for economic activity.

    Consumption Is the Purpose of Production