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While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
On July 8, 2024, a guest essay by Stephen Smith on elevator policy was published in The New York Times. Though this may seem...
On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the...
The American Institute for Economic Research educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s...
The answer to the question “Who pays the cost of tariffs?” is obviously important. If the costs of all tariffs were paid exclusively by...
President Trump has nominated Kevin Warsh to succeed Jerome Powell, whose term as Federal Reserve Chair expires in May 2026. Trump has made no...
Donald Trump wants lower interest rates. He has said so openly and has pressured the Federal Reserve accordingly. The political logic seems obvious: easier...
Political scientists contend that a defining characteristic of the state is its monopoly on the use of force (or violence). Meanwhile, economists are quick...
The Federal Reserve held its target range for the federal funds rate constant in January 2026 at 3.5–3.75 percent. This decision was consistent with...
Landlords are amazing. That’s perhaps a perverse, controversial statement in these Mamdani-ish times, where “free” socialist housing is all the rage. In popular imagination,...
If economic freedom were a stock, analysts would call it boring — and then quietly recommend buying it anyway. For decades, states that limit...
While most of my fellow Michiganders like to think of Detroit as the birthplace of the automobile, we have to remember, the Germans have...