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Why Not Deflation?
This week for Ask an Economist, I have a question from Wilson. Wilson rightly notes the Federal Reserve targets an inflation rate of 2% and wants to know why. Why target increasing prices? Wilson says, If the FED shoots for…
What Biden Bull Market?
President Joe Biden is boasting about the recent stock market rally. He's right that stocks have been on a tear for the last 14 months. The S&P 500 hit 5,000 for the first time in history. That's up from 500…
Habits of Effective Libertarians
What does the cause of liberty need most? Leonard E. Read, the founder of FEE, insisted that what liberty needs most is not better politics, propaganda, or marketing, but better thought leadership. What libertarians face,…
French Language Czar Champions Tougher Laws on Commercial Signage in Quebec
The government of Quebec issued a series of draft regulations on January 10 that target the outdoor commercial signs of businesses in the province. The proposed rules would require companies to operate under a “French first…
Spying on the Social Media Posts of Sports Fans and Banning Them From Stadiums for Wrongthink Isn’t Social Progress
Tears welled in the eyes of Linzi Smith as she explained, her voice shaking, why she can no longer attend Premier League soccer games at the stadium 10 minutes from her home to root for Newcastle United. “I struggle to even…
Adolf Hitler, Dorothy Thompson, and Tucker Carlson’s Controversial Interview With Vladimir Putin
In December 1931, the American journalist Dorothy Thompson arrived at the Kaiserhof Hotel in Berlin to interview Adolf Hitler. When Thompson stepped into Hitler’s salon that day, she was convinced she was meeting “the future…
The Origins of Valentine’s Day and Some Reflections on the Holiday
Where does Valentine’s Day come from? A greeting card company or a candy company? Neither, but I’m sure it’s one of their favorite holidays. Or was it Al Capone? He’s the likely culprit responsible for the infamous…
AIER’s Everyday Price Index Rises 0.52 Percent in January 2024
"The January 2024 CPI report highlights the challenges of returning inflation to the Fed’s target range and suggests a bumpy road ahead." ~Peter C. Earle
Was Jesus a Friend to Big Business?
The New Testament contains some of the harshest statements about wealth and the rich. “How hard it is for the rich to enter the kingdom of God!” (Luke 18:24) “ has filled the hungry with good things; and the rich he has sent…
The Biden, Schumer, Romney Foreign Aid Budget Buster
President Joe Biden, Senate Majority Leader Chuck Schumer and a handful of left-leaning Republicans (led by Utah Sen. Mitt Romney, of course) have just agreed to a near $100 billion foreign aid bill for Israel and Ukraine. Is…
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