AIER

Economics

David Hume’s Stark Warning: Reason Serves Passion

David Hume’s A Treatise of Human Nature has been called “one of the keystone books of western philosophy,” “the founding…

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Economics

Will Undermining the Dollar Bring an American Industrial Renaissance?

For decades, America’s manufacturing sector has seemingly eroded, with jobs and production shifting overseas in search of lower costs and…

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Economics

A Brief History of the Panama Canal

The Panama Canal was opened in 1914. It was an enormous undertaking. The canal took ten years to complete (from…

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Economics

The Civil Service War: Can Trump Succeed Where Other Presidents Failed?

Writing eight years ago in USA Today, I cheered: “President Trump’s proposed budget takes a big step towards draining the…

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Economics

What a Trumped-up Fed Means for the Global Economy

President Trump is bringing federal agencies to heel. Is the Federal Reserve next? Our nation’s central bank jealously guards its…

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Economics

The Tariff Trade-Off Many Economists Ignore

At its core, economics is about making choices. We face trade-offs. If you want more of this, you must give…

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Economics

Business Conditions Monthly January 2025

In January 2025, the AIER Business Conditions Monthly indicators showed moderate economic momentum, with leading indicators moderating, coincident measures remaining…

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Economics

How Congress Created the Doctor Shortage

Today (Mar 19, 2025) is Match Day — the medical equivalent of the NFL Draft — when would-be medical residents…

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Economics

The Strategic Crypto Reserve Threatens to Repeat Historical Mistakes

The Trump administration’s initiative to establish a Strategic Crypto Reserve — framed as a way to promote entrepreneurship and strengthen…

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Economics

Despite Uncertainty, Fed Holds Rates Steady

The Federal Reserve’s monetary policy committee left the target range of its policy rate unchanged at its March meeting on…

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