Economy
Consumer Prices Fall in March
After a quarter-long inflationary resurgence, it looks like prices are now falling. The Bureau of Labor Statistics reported that the...
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AIER’s Everyday Price Index Climbs Slightly in March 2024
The Everyday Price Index (EPI) rose 0.18 percent in March 2025, bringing the index to 292.9. The March increase brings...
Read moreUS Air Strikes on Iran: a Fool’s Errand Risks Forever War
On Capitol Hill, where memories are short, concern about open-ended military conflicts — or as one might call them, war...
Read moreCan Microgrants Fix Our Foreign Aid Failures?
For decades, international development has been synonymous with massive aid programs, billion-dollar projects, and slow-moving bureaucracies. Governments and global institutions...
Read moreThe Other Cost of Protectionism
Fears about tariffs causing a recession are high right now. Betting markets pretty clearly favor the claim of a forthcoming...
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A Civil Service for the Twenty-First Century
In 1881, a president was assassinated over the future of the civil service. James Garfield, who believed in civil service...
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Don’t (Just) Hate the Tariffs, Hate the Institutions
An overwhelming majority of economists agree: protectionist tariffs harm the very nations that impose them. The notion that taxing Americans...
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America’s Trade ‘Deficit’ Is a Ringing Endorsement
As noted in my previous column, foreign holdings of US dollars are classified as foreign holdings of US assets and,...
Read moreDon’t (Just) Hate the Tariffs, Hate the Institutions
An overwhelming majority of economists agree: protectionist tariffs harm the very nations that impose them. The notion that taxing Americans...
Read moreAmerica’s Trade ‘Deficit’ Is a Ringing Endorsement
As noted in my previous column, foreign holdings of US dollars are classified as foreign holdings of US assets and,...
Read more