AIER

Economics

Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t

Before I review The Quantity Theory of Money: A New Restatement (PDF) chapter-by-chapter, allow me to put things into context.…

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Economics

Can the Constitution Survive the Age of Rousseau?

The Constitution, or at least talking about the Constitution, is typically a centerpiece in many contemporary political discussions. This is…

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Economics

My $100 Tomato: Is Self-Sufficiency Overrated?

The main principle of trade policy is make or buy.   “Economics” comes from the Greek word oikonomia, deriving from oikos,…

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Economics

Was Reagan a Protectionist?

Ronald Reagan is, famously, known for being a free trader, a globalist perhaps, in today’s parlance.  He believed very firmly…

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Economics

April’s Prices Rose, But Inflation Cooled Overall

After slight deflation in March, prices rose again in April. The Bureau of Labor Statistics (BLS) reports that the Consumer…

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Economics

AIER’s Everyday Price Index Continues to Rise in April 2025

The Everyday Price Index (EPI) rose to 293.8 in April 2025 on the heels of an 0.34 percent gain. This…

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Economics

Making GDP Great Again: A Complementary Approach

In its first hundred days, the second Trump administration has been anything but usual by presidential standards. From trade wars…

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Economics

How Equity Markets Reacted to Trump’s Tariff Announcements: The Data

Campaigning for a second term, President Donald Trump committed the United States to sweeping tariffs that have no precedent since…

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Economics

US Trade Policy is a Humanitarian and Geopolitical Disaster

Some years ago, the singer and activist Bono shocked many of his supporters when he told them, “Aid is just…

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Economics

Tariffs are Compromising Trump’s Economic Agenda 

President’s Trump Liberation Day announcement of higher tariffs was supposed to trigger massive reshoring and restructuring of the US economy…

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