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For much of the last half-century, California benefited from a powerful first-mover advantage. Dense networks of talent, capital, and research institutions allowed the state...
Private markets work well when they are allowed to function free from big government directives. The latest example is in the world of financial...
When the internet went mainstream at the turn of the twenty-first century, it was widely celebrated as a revolutionary force for freedom and democracy....
Larry Summers recently claimed on X that Republican tax policies — specifically the One Big Beautiful Bill (OBBB) pushed by Trump and congressional Republicans...
Inflation ticked up last month, the Bureau of Labor Statistics reported. The Consumer Price Index (CPI) rose 0.3 percent last month and 2.7 percent...
AIER’s Everyday Price Index (EPI) rose to 295.8 in June 2025, an increase of 0.51 percent. June was the first month since February, in...
Do increases in the minimum wage only manifest themselves in reduced employment? Or are there other not-so-visible, but also not-so-trivial, effects that should be...
Few regions in Argentina symbolize the collapse of the Peronist model as clearly as La Rioja. This remote and impoverished province has depended for...
AIER’s Everyday Price Index (EPI) rose to 295.8 in June 2025, an increase of 0.51 percent. June was the first month since February, in...
Few regions in Argentina symbolize the collapse of the Peronist model as clearly as La Rioja. This remote and impoverished province has depended for...
Do increases in the minimum wage only manifest themselves in reduced employment? Or are there other not-so-visible, but also not-so-trivial, effects that should be...
In 1936, the economist William H. Hutt (1899-1988) coined the term “consumers’ sovereignty” as a label for the driving force of a market economy...
Critics often scoff at the market economists’ claim that competition fosters relentless innovation. A recent meme points to the ubiquity of chicken sandwiches across...