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 which the EPI rose more on a percentage basis than our…
Category:
Economy
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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 part of the policy discussion? As I will argue with a…
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Few regions in Argentina symbolize the collapse of the Peronist model as clearly as La Rioja. This remote and impoverished province has depended for decades on subsidies distributed by the federal government to keep a…
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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 in which producers succeed or fail depending on how well or…
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“Socialism,” said the British free speech campaigner Lord Young, “Always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.” While exaggerated, the point stands…
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Critics often scoff at the market economists’ claim that competition fosters relentless innovation. A recent meme points to the ubiquity of chicken sandwiches across major fast food chains as supposed evidence of stagnation in capitalism.…
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“Socialism,” said the British free speech campaigner Lord Young, “Always begins with a universal vision for the brotherhood of man and ends with people having to eat their own pets.” While exaggerated, the point stands…
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Critics often scoff at the market economists’ claim that competition fosters relentless innovation. A recent meme points to the ubiquity of chicken sandwiches across major fast food chains as supposed evidence of stagnation in capitalism.…
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The Trump administration’s Liberation Day tariffs were set to fully kick in on July 9, but the new duties on imported goods have been given another pause until August 1. While uncertainty looms large over…
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American innovation requires our energy sector to use all available resources, but Generation Z apparently wants to limit its potential. Pew Research Center discovered that 43 percent of Gen Z respondents support phasing out oil,…