Leviathan Rising | AIER
Unfortunately, most professional historical research has become the essentially worthless appendage of Woke ideology. Empirically grounded research focusing on change over time, however, can provide policymakers with important insights, if only they are astute enough to pay attention. If new policymakers come into office in 2025, they may decide it is in the best interest […]
All that Competition? They’re Missing It
Over at Café Hayek, Don Boudreaux points to this essay by William Shughart, pushing back on the idea that Amazon is a monopoly in any economically interesting or relevant sense. The essay is good and well worth reading, but there is another angle I think is worth adding. Shughart describes how Lina Khan of the […]
Israel’s war economy is working—for the time being
Less than three weeks since Hamas plunged Israel into war, conflict is taking a toll on the country’s economy. The shekel has sunk to its lowest level against the dollar in more than a decade, prompting Israel’s central bank to sell $30bn of foreign-exchange reserves to prop up the currency. The price of insuring the […]
Investors are returning to hedge funds. That may be unwise
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Superheroes are useless when times are good. If Gotham was a safe and pleasant place, Batman would probably just spend his days relaxing in a mansion upstate. Superman only ducks into a phone booth to […]
America and the EU demonstrate protectionism’s ratchet effect
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. As america unleashes a barrage of new protectionist measures under President Joe Biden, it continues to be dogged by past efforts—not least the tariffs on aluminium and steel that President Donald Trump thought necessary. These […]
How health-care costs stopped rising
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. For a long time, health care was eating the world. From 1950 to 2009 American spending on hospitals, medics and the like rose from 5% of gdp to 17%. Between the late 1970s and the […]
U.S. and China commercial property face headwinds
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment, said Singapore’s United Overseas Bank. But the bank remains optimistic about one key region. “The U.S. commercial real estate remains a hotspot, especially with the low occupancy rates that we have,” Lee Wai Fai, chief […]
Does a Blowout Third-Quarter GDP Number Vindicate Bidenomics?
On October 26th, the first calculation of third-quarter US Gross Domestic Product will be released by the Bureau of Economic Analysis. The most recent Bloomberg forecasts show a substantial increase over the second quarter’s 2.1 percent growth. The mean of current projections for tomorrow’s third-quarter GDP release is 3.4 percent, with a median of 3.5 […]
