If You've Got Gold, You've Got Money!
Where Have All the Coins Gone? by William J. Luther for AIER “If you put the federal government in charge of the Sahara Desert,” the economist Milton Friedman once quipped, “in five years there’d be a shortage of sand.” The U.S. Mint,...
Extend the Market, As Far as Possible by Art Carden for AIER At first glance, the package on the step looked like it contained two or three rolls of paper towels. It’s too small to be paper towels, I thought. I...
What Economists Can Teach Epidemiologists by Peter C. Earle for AIER As data accrues on both a national and state-by-state basis, the parameters of COVID-19’s lethality is firming up. Two new papers from Dr. John Ioannidis point to the growing...
When Will the Madness End? by Jeffrey A. Tucker for AIER I was sitting in the green room in a Manhattan television studio on the day that the storm seemed to hit. It was Thursday, March 12, 2020, and I was...
What Can Be Done to Remedy the Coin Shortage? by J.P. Koning for AIER It is common to hear calls for change in an election year. But such requests are not usually directed at the Mint. Alas, the US is...
Bill Gates: From Entrepreneur to Supervillain by Barry Brownstein for American Institute for Economic Research Bill Gates is regretting things left undone. Gates is sorry he hasn’t done “more to call attention to the danger” of a pandemic.” In an interview,...
Rothbard’s Challenging History of the Revolutionary War and the Constitution by Jeffrey Rogers Hummel for American Institute for Economic Research / AIER The Constitution has traditionally been viewed as the culmination of the American Revolution, brought about through judicious compromise by...
Smash the COVID Orthodoxy by Ethan Yang for American Institute for Economic Research (AIER) For better or for worse, the American Institute for Economic Research was built for a time just like this. The date is 1933, the world is having...
Don’t Let Hospitalization Trends Blind You to the Numbers Themselves by Stephen C. Miller for American Institute for Economic Research (AIER) Since I wrote about hospitalizations two weeks ago, the trend in current hospitalizations has reversed, with more COVID hospitalizations now...
Global Money Supply Growth and the Great Inflation Getaway by Colin Lloyd for AIER It has become evident over the last few months that the stock market and the economy can dance to very different tunes. During a period of just...
Free Markets are Lousy Self-Promoters by Donald J. Boudreaux for AIER Material prosperity is unambiguously good. Prosperity protects us and our children from starvation and malnutrition. It turns many diseases and injuries that were once lethalinto minor inconveniences. Prosperity gives...
Surrounded by Government Failure, Why Do People Still Believe? Veronique de Rugy for AIER I am always amazed by the faith that people have in government. Scour the newspaper any day of the week and you will read stories detailing the...
The Reluctant Fed by Thomas L. Hogan for American Institute for Economic Research When members of Congress asked the Federal Reserve to provide emergency loans to nonbank companies, they did not like the response. “The Federal Reserve would be extremely reluctant...
Slavery Did Not Enrich Americans by Art Carden for American Institute for Economic Research In 1846, Karl Marx wrote the following to Pavel Vasilyevich Annenkov: “Direct slavery is as much the pivot upon which our present-day industrialism turns as are machinery,...