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This explainer traces the evolving, mutually dependent relationship between the federal government and the states through four pivotal eras of fiscal transfers: the Antebellum Land Grants, the Civil War, the New Deal, and the Great Society.
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Economists Ludwig von Mises and Friedrich Hayek explain why the promises of central planning are fundamentally unworkable insofar as no central authority can replicate the rational calculation of market prices or the coordination of dispersed knowledge.
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This explainer will outline what the gold standard was, how it operated, the benefits and criticisms surrounding it, and how its rise and eventual collapse shaped the global monetary system.
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This explainer will outline how Medicaid functions, the program’s costs, its influence on healthcare in the United States, and how the proposed policy changes in 2025 could reshape the program.
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Research Fellow Thomas Savidge digs into tax data to answer a frequently echoed question.
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We face a mixed picture for the recovery of competitive federalism.
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In the years leading up to December 2007, there was a growing chorus declaring the end of business cycles. Clearly, business cycles have not gone away, and AIER’s research, contained in our new study, The Changing Nature of Recessions, shows that recessions have changed in troubling ways.
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There is no single winning strategy for retirement drawdowns. But there are ways to construct a balance between needlessly underspending and threatening long-term security.
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The towns and cities of the College Destinations Index return to pre-recession strengths.
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Manufacturing flexes its muscles as foreign and domestic firms expand their U.S. operations. by AIER Staff Additional content: Raising Taxes Won’t Help by Julie Ni Zhu, Research Analyst Ask the Expert: […]
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Research Reports Vol. LXXIX, no. 14 | August 6, 2012 Usually a sign of confidence, climbing credit card use reflects the uneven impact of the recovery. by Sarah Todd, Editor […]
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Research Reports Vol. LXXIX, No. 12 | July 2, 2012 Jobs based on routine tasks, regardless of skill level, face the biggest threat from the computer age. by AIER Staff […]