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Economics

Milei’s Economic Miracle: How Argentina Slashed Inflation to 1.5%

In November 2023, Argentina faced a staggering inflation rate of 211.4 percent and a poverty rate of 41.7 percent, affecting…

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Economics

Trump’s Handwritten Note to Powell: Lower Rates Abroad, So Why Not Here?

Amid growing calls for the Federal Reserve to begin lowering interest rates, White House officials (and the president himself) have…

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Economics

But Lagarde, Europe Is a Museum!

“Europe is a museum, Japan is a nursing home, China is a jail, and bitcoin is an experiment.” These were…

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Economics

The Persistence of Benefit Cliffs: A Behavioral Look at a Policy Problem

Benefit cliffs occur when earning slightly more — through a raise or extra hours — leaves people worse off because…

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Economics

There’s a New Sheriff at the Fed

Earlier this month, in her first public speech as the Federal Reserve’s Vice Chair for Supervision, Michelle Bowman laid out…

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Economics

Rediscovering Frédéric Bastiat in an Age of Tariffs

In the main office building of the American Institute for Economic Research, three heroes of liberty look down upon our…

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Economics

Despite Tariffs, Inflation Remained Low in May

New data from the Bureau of Economic Analysis confirm that inflation remained low in May. The Personal Consumption Expenditures Price…

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Economics

Trump v Powell: The Credibility Cost of Politicized Monetary Policy

The tension between President Donald Trump and Federal Reserve Chair Jerome Powell has reignited, following the Fed’s recent decision to…

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Economics

PBS and NPR: A Free Press Doesn’t Need a Government Budget Line 

On May 1, 2025, President Donald Trump signed an executive order instructing the Corporation for Public Broadcasting (CPB) and all…

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Economics

Central Bank Independence: More Heat than Light

President Donald Trump’s on-again, off-again feud with Federal Reserve Chairman Jerome Powell has market observers apprehensive. Economists, policymakers, businessmen, and…

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