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Many market watchers are concerned about the softening labor market. According to the Bureau of Labor Statistics, the US economy lost 92,000 nonfarm payroll...
2026 commemorates the 250th anniversary of Adam Smith’s great work An Inquiry into the Nature and Causes of the Wealth of Nations. This book...
I’ve taught Principles of Microeconomics (“ECON 101”) regularly now for nearly a half-century. The first such course I taught was in the Fall Quarter...
“Regime uncertainty” should be our bywords for understanding the economy of 2025. Trump’s push for “state capitalism,” ranging from tariffs to taking federal stakes...
The darkest days of the year have always asked something of us. Long before we strung electric lights and gathered around brick fireplaces, people...
President Trump has accused virtually every country, including those inhabited only by penguins of ripping us off when it comes to trade. But there’s...
For decades, pundits have declared that Americans shouldn’t have to save for retirement in the casino of the stock market. They argued that individuals...
For three months at the peak of COVID-19, I treated some of New York City’s sickest patients at Bellevue Hospital, the city’s historic public...
“Was the government to prescribe to us our medicine and diet, our bodies would be in such keeping as our souls are now.” -Thomas...
Over the five years since the COVID pandemic, the AIER Year End Holiday Index has climbed by an average of about 3.8 percent per...
Reports in early December indicate that President Donald J. Trump is preparing to sign an executive order that would block state-level laws regulating artificial...
Dallas Fed President Lorie Logan recently proposed ditching the federal funds rate target as the Fed’s main policy tool. Her proposal would ensure that...
As this report goes to press, 14 of the 24 components of the Business Conditions Monthly lack published data beginning in September or October...