American Institute for Economic Research

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The American Institute for Economic Research, also known as AIER, is an economic research institute located in Great Barrington, Massachusetts. It was founded in 1933 by the 20th century economist Edward C. Harwood with the intention of protecting individual rights and continues to produce quality…

American Institute for Economic Research

    • Jan 18, 2022 LATEST EPISODE
    • weekdays NEW EPISODES
    • 573 EPISODES

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    Latest episodes from American Institute for Economic Research

    Cultural Appropriation: Try Not To By Daniel Asia

    Play Episode Listen Later Jan 18, 2022 5:26

    “Art, music, religion, science, language, food, and more all evolve due to the cultural ebbs and flows of human inspiration. Ultimately, the process is not one of theft, but of admiration and respect, and should be treated as such.” ~ Daniel Asia

    Weekly Initial Claims for Unemployment Benefits Rise to the Highest Level Since November By Robert Hughes

    Play Episode Listen Later Jan 17, 2022 3:25

    “Weekly initial claims for unemployment benefits rose to a two-month high, possibly impacted by the current surge in new Covid cases. Regardless, the labor market remains very tight.” ~ Robert Hughes

    Stimulus & Wages, What Exactly Happened? By Siddharth Gundapaneni

    Play Episode Listen Later Jan 14, 2022 5:31

    “Going forward, there should be less of a one-size-fits-all approach to such policy, as a more targeted bill would minimize waste of scarce resources, and curtail detrimental consequences, like inflation, to working-class Americans.” ~ Siddharth Gundapaneni

    Fauci Lies in the Senate By James R. Harrigan & David Waugh

    Play Episode Listen Later Jan 13, 2022 4:42

    "The emails quickly made the rounds, and they reveal Fauci's modus operandi. He speaks 'the science' to the public while working in private to stifle dissenting views." ~ David Waugh & James R. Harrigan

    Why Deficits Matter By Alexander William Salter

    Play Episode Listen Later Jan 12, 2022 5:10

    “If we want to argue deficits matter more conventionally, we'll have to do some more theoretical heavy lifting. The usual aggregate demand stories we tell don't cut it.” ~ Alexander William Salter

    Let's “Curb” Our Enthusiasm for Urban Planning By Isadore Johnson

    Play Episode Listen Later Jan 11, 2022 5:43

    "America does not have the ‘luxury' of waiting for governments to produce a housing revolution. Instead, by freeing real estate from the boot of urban planners, let's create the conditions that allow people to thrive!" ~ Isadore Johnson

    Elon Musk's Big Giant Enormous Tax Bill By Clifford F. Thies

    Play Episode Listen Later Jan 10, 2022 5:26

    “Democratic proposals generally involve making the tax code even more complicated, with the Alternative Minimum Tax applying to increasing numbers of taxpayers, and increasing the demand for tax-planning.” ~ Clifford F. Thies

    A Path Forward in Policing in 2022 By Rev. Markel Hutchins

    Play Episode Listen Later Jan 7, 2022 5:44

    “May 2022 be the year we finally lean into law enforcement as a collaborative and complex undertaking that requires an investment in meaningful engagement.” ~ Rev. Markel Hutchins

    Private-Sector Job Openings Fell in November but Quits Surged By Robert Hughes

    Play Episode Listen Later Jan 6, 2022 4:18

    “Job openings fell but quits surged to a record in November. Enticing people back into the workforce could help ease supply problems and reduce upward pressure on prices.” ~ Robert Hughes

    A Master of Education or a Master of Faux Social Justice? By Garion Frankel

    Play Episode Listen Later Jan 5, 2022 5:36

    “While an M.Ed. may look a lot more like an M.SJW. right now, the status quo does not have to be destiny. Education departments are not offering serious classes, but grassroots efforts can help fill the void.” ~ Garion Frankel

    How to Compete with the Chinese By Todd Myers

    Play Episode Listen Later Jan 4, 2022 4:48

    “Will the search for technological supremacy lead us to embrace China's vision of governance by a technologically sophisticated bureaucracy, and what does that mean for individual rights and dignity?” ~ Todd Myers

    The Fed's Higher Fed Funds Rate Projections Mean What? By Alan Reynolds

    Play Episode Listen Later Jan 3, 2022 4:24

    “It is rarely prudent to assume that a central bank's central planners can predict the future better than you can, or that they really know what they are doing and why.” ~ Alan Reynolds

    Three Signs You're Not Actually a Socialist By Albert Eisenberg

    Play Episode Listen Later Dec 30, 2021 5:29

    “You may not find yourself worshiping at the altar of capitalism, but if you like iPhones, comparison shopping, and merit-based pay, you're probably not a socialist.” ~ Albert Eisenberg

    A Bergeron Christmas By Robert E. Wright

    Play Episode Listen Later Dec 29, 2021 4:15

    “The story of Harrison Bergeron should remind Americans that individuals can never achieve equity if the state is powerful enough to enforce equality of outcomes. Like the pigs in Animal Farm, the enforcers will always remain ‘more equal' than the others.” ~ Robert E. Wright

    The War on Christmas? By James R. Harrigan & Antony Davies

    Play Episode Listen Later Dec 28, 2021 4:08

    “Asking the state to celebrate the holiday is no less hostile to freedom than is asking the state to prohibit its celebration. Christmas is, after all, a celebration. And the last thing anyone should want is the government showing up at the festivities.” ~ James R. Harrigan & Antony Davies

    Fed Officials Think Inflation Should Remain High Through 2024 By William J. Luther

    Play Episode Listen Later Dec 27, 2021 6:09

    “It seems the Fed is not committed to hitting its average inflation target. Inflation will be transitory in the sense that the rate will eventually return to 2 percent. But the price level will likely remain elevated.” ~ William J. Luther

    Trump, Covid, and Despotism By Donald J. Boudreaux

    Play Episode Listen Later Dec 23, 2021 5:23

    “Observing the expansion over the past two years of the biosecurity state, I detect enormous evil in what the vanguard of progressives incessantly works to do to liberal civilization.” ~ Donald J. Boudreaux

    TikTok Math Girl By Clifford F. Thies

    Play Episode Listen Later Dec 22, 2021 5:20

    “There's a part of me that wonders how anybody can use an iPhone to record herself and then share the recording with the entire world and not appreciate how tremendously better life is because of the advance of math, science and technology.” ~ Clifford F. Thies

    Why the Casual Attitude toward Inflation? By Randall G. Holcombe

    Play Episode Listen Later Dec 21, 2021 2:25

    “The threat of inflation has been apparent for some time now, but those who have the power to do something about it seem to have the attitude that it will go away on its own.” ~ Randall G. Holcombe

    The Unity of Knowledge By Robert E. Wright

    Play Episode Listen Later Dec 20, 2021 5:05

    “To avoid groupthink and, worse still, bellyfeel, humans need to foster more creative, independent thought, not hackneyed beliefs possible only within the confines of a pinhole view of the world.” ~ Robert E. Wright

    Supply and Demand Is Not Just for Microeconomics By Alexander William Salter

    Play Episode Listen Later Dec 17, 2021 5:40

    “The usefulness of supply and demand is most obvious in the case of microeconomics, which focuses on households and firms. But it's just as handy for macroeconomics in studying economy-wide phenomena like growth and business cycles.” ~ Alexander William Salter

    AIER's Everyday Price Index Posts Its 12th Consecutive Increase By Robert Hughes

    Play Episode Listen Later Dec 16, 2021 5:09

    “AIER's Everyday Price Index posted its 12th consecutive increase in November, pushing the 12-month gain to the highest since 2008. Shortages of supplies and materials, logistical and supply chain issues, and labor problems are sustaining upward price pressures. Recurring waves of new Covid cases will likely compound the difficulties.” ~ Robert Hughes

    The Build Back Better Act Would Seriously Harm the Generic Drug Industry By Elizabeth Wright

    Play Episode Listen Later Dec 15, 2021 5:37

    “The provisions of H.R. 3 being included in the BBBA will only make matters worse, fail to fix the underlying conditions that have distorted the marketplace, and devastate America's robust and competitive biopharmaceutical marketplace.” ~ Elizabeth Wright

    Energy Pros Dismiss Liz Warren's Complaints: ‘It's Econ 101, Not Rocket Science' By Chris Woodward

    Play Episode Listen Later Dec 14, 2021 5:29

    “In Warren's home state of Massachusetts, policies blocking the expansion of natural gas pipelines have resulted in Russian LNG tankers in Boston Harbor bringing fuel to the Bay State.” ~ Chris Woodward

    The Shady Side of Student Loan Forgiveness By Elizabeth Hicks

    Play Episode Listen Later Dec 13, 2021 5:29

    “There are better solutions to address this debt than pushing the burden into taxpayers through loan forgiveness schemes. Instead, policymakers should address the rapidly rising costs of college by closing the loopholes within Borrower to Defense Repayment.” ~ Elizabeth Hicks

    The True Cost of ‘Medicare for All' By Sally C. Pipes

    Play Episode Listen Later Dec 10, 2021 5:08

    “The ultimate goal of Democratic lawmakers is Medicare for All. It's hard to imagine a model with higher costs. If they're successful, crisis standards of care will become the norm all over the United States.” ~ Sally C. Pipes

    “Omicron” Means Enough! By Michael Fumento

    Play Episode Listen Later Dec 9, 2021 4:53

    “How long will we allow variants to be exploited to maintain a permanent Covidocracy? It's time for this to end. We need to give this variant a new Greek alphabet name: Omega. As in ‘The last.'” ~ Michael S. Fumento

    Despite Fed Asset Purchases, Lending Remains Depressed By Thomas L. Hogan

    Play Episode Listen Later Dec 8, 2021 5:43

    “The Fed's recent asset purchases appear to have significantly expanded the money supply. But given the small changes in bank lending, it is not clear what their overall effects will be on inflation and the economy.” ~ Thomas L. Hogan

    The Real Problem with Mask Mandates By David McGrogan

    Play Episode Listen Later Dec 7, 2021 5:25

    “The real question we ought to be asking is: what do we lose when a government decides on our behalf what is morally right, and then forces that decision on us all?” ~ David McGrogan

    Powell Pivots as Inflation Picks Up By William J. Luther

    Play Episode Listen Later Dec 6, 2021 5:14

    “Powell recommended ditching the term transitory. ‘We tend to use it to mean that it won't leave a permanent mark in the form of higher inflation,' he told the Senate Committee. ‘I think it's probably a good time to retire that word and try to explain more clearly what we mean.'” ~ William J. Luther

    The New Face of the French Right By Clifford F. Thies

    Play Episode Listen Later Dec 3, 2021 4:39

    “It is one thing to recognize this challenge, as Zemmour does, but the question is what to do? Is it even possible to retreat into nationalism without cutting yourself off from the emerging global economy and society?” ~ Clifford F. Thies

    How the ‘The Ant and the Grasshopper' Fable Reveals the Folly of Student Loan Forgiveness By Michael Heberling

    Play Episode Listen Later Dec 2, 2021 5:31

    “Today, instead of Aesop Fables, we have Government Fables. One of these Government Fables, College Debt Forgiveness, closely parallels the Ant and the Grasshopper but with a perverted moral.” ~ Michael Heberling

    New Senate Antitrust Proposal Empowers Radical Bureaucratic Overreach By Kir Nuthi

    Play Episode Listen Later Dec 1, 2021 5:13

    “To protect our free markets, we should not be giving government overreach that much more of a chance to succeed. That's simply falling into the pro-government trap.” ~ Kir Nuthi

    Supply Chains and the Shortage Economy By Daniel Sutter

    Play Episode Listen Later Nov 30, 2021 5:36

    “Government control over supply chains would help make shortages permanent. Supply chains are too complex for anyone, including the managers of companies like Apple and Nike, to understand.” ~ Daniel Sutter

    A Series of Miracles By James R. Harrigan

    Play Episode Listen Later Nov 29, 2021 5:27

    “Take a cue from Lincoln and appreciate the blessings that we do enjoy rather than pining for things we don't. Take a cue from the best America has produced and say a prayer of thanks. Happy Thanksgiving.” ~ James R. Harrigan

    Three Common Myths About Money and Inflation By Alexander William Salter

    Play Episode Listen Later Nov 24, 2021 5:40

    “If we oversimplify inflation, we won't know how to fight it, or whether we should fight it at all. Political responses to economic turmoil are bad enough without the additional complication of widespread misperceptions amongst the public.” ~ Alexander William Salter

    Don't Blame the “Greedy Wealthy” By Michael Munger

    Play Episode Listen Later Nov 23, 2021 4:47

    “The problem is that we have already spent hundreds of billions of dollars on programs to end poverty, and yet there is still….poverty.” ~ Michael C. Munger

    There's More than One Way to Make Stablecoins Safe By J.P. Koning

    Play Episode Listen Later Nov 22, 2021 5:46

    “The PWG's worries for the safety of stablecoin users are most applicable to one set of stablecoins: the set including USD Coin and Tether. A ‘banks-only' model may be an improvement for some stablecoins, but it certainly isn't the only way to ensure stablecoins are safe.” ~ J.P. Koning

    Retail Spending Hits a New Record High in October By Robert Hughes

    Play Episode Listen Later Nov 19, 2021 3:33

    “Retail sales rose in October, hitting a new record high. Resilient consumer spending is a positive for the outlook but also sustains upward pressure on prices.” – Robert Hughes

    ‘Build Back Better' Methane Fee Means Higher Costs for Heating Oil, Natural Gas By Chris Woodward

    Play Episode Listen Later Nov 18, 2021 5:41

    “Environmental activists call it a ‘methane fee.' The energy industry calls it a ‘natural gas tax.' Either way, energy consumers are likely to feel the effects in their pocketbooks.” ~ Chris Woodward

    Thoughts on Democratic Choice By Donald J. Boudreaux

    Play Episode Listen Later Nov 17, 2021 5:35

    “Freedom of choice is wonderful, and democracy – properly understood and constrained – can be a blessing. But democracy becomes a heinous curse when its ethos is reduced to nothing more than the belief that the majority is free to choose whatever it fancies.” ~ Donald J. Boudreaux

    Whose Life is it Anyway? Politicians Should Stop Claiming Our Futures as Their Own By Doug Bandow

    Play Episode Listen Later Nov 16, 2021 5:45

    “Although Democrats are on the offense, Republicans were wildly irresponsible when they last held the majority. Watching the Democrats this year gives new meaning to the joke line, ‘I'm from the government and I'm here to help you.' Remember Sen. Murray.” ~ Doug Bandow

    How the Consumer Will Become a Partner on the Electric Grid By Llewellyn King

    Play Episode Listen Later Nov 15, 2021 5:17

    “We, the consumers, will be partners in the electric future, managing our own uses and supporting the grid with our electric cars and trucks. That is Mansoor's achievable vision.” ~ Llewellyn King

    Biden's Plan to “Tax The Rich” Will Cost the Middle Class By Randall G. Holcombe

    Play Episode Listen Later Nov 12, 2021 3:16

    “With huge budget deficits, all it would take would be some future crisis for this tax to look like a good option to policy makers. And once the rich are subject to the tax, you will be next.” ~ Randall G. Holcombe

    The FDA is Back and Coming after Smart Socks By Raymond J. March

    Play Episode Listen Later Nov 11, 2021 5:37

    “Considering the FDA regulates nearly 40 percent of all consumer products, its recent actions are a strong cause for concern. As a health economist, I'll be monitoring the situation closely.” ~ Raymond J. March

    Government Jobs for All? By Daniel Sutter

    Play Episode Listen Later Nov 10, 2021 5:47

    “Production requires real work, not government make-work jobs. By diverting millions out of productive private sector jobs, the MMT jobs guarantee seems guaranteed to impoverish America.” ~ Daniel J. Sutter

    Was Keynes Right on Short Work Weeks? By Vincent Geloso

    Play Episode Listen Later Nov 9, 2021 5:45

    “When one takes the time to consider the multiple dimensions of what constitutes human well-being just as Crafts did, it is hard not to engage in hyperboles such as ‘We are infinitely better off than our close ancestors.'” ~ Vincent Geloso

    Payrolls Gains Reaccelerated in October By Robert Hughes

    Play Episode Listen Later Nov 8, 2021 6:17

    “Payrolls posted a robust gain in October as fading new Covid cases supported a reacceleration of economic activity. The outlook is for continued recovery despite elevated price pressures.” – Robert Hughes

    Three Minutes in Fort Worth By Peter C. Earle

    Play Episode Listen Later Nov 5, 2021 4:58

    “Heading down to the bar for a celebratory drink–it was a great conference–I thought to myself: ‘If that is the depth of common understanding, and the full extent of their imagination: how is any of the morass the world is descending into surprising?'” ~ Peter C. Earle

    Booker T. Washington Would Have Spotted This False Flag By Gary M. Galles

    Play Episode Listen Later Nov 4, 2021 5:47

    “Booker T. Washington would surely have seen through the false flag effort to demonize the Virginia Governor candidate offering the best hope for blacks, as a racist. Virginia voters, as well as the rest of us, would benefit by being as observant on that score as Washington was.” ~ Gary M. Galles

    Gain of Function Controversy Demands Greater Scrutiny for Government-Funded Science By Raymond J. March

    Play Episode Listen Later Nov 3, 2021 5:43

    “Not every failure of government-funded science is as pervasive as the high-carb diet, as ghastly as the lobotomy, or as controversial as gain of function experiments. But the risk remains as long as the government remains a major funding source for research.” ~ Raymond J. March

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