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| american institute for economic research: E. C. Harwood Katy Delay, 2018-11 American Institute for Economic Research, founded in 1933, was the first independent voice for sound economics in the United States. Today it researches and educates on the value of personal freedom, free enterprise, property rights, limited government and sound money. AIER's ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity and human progress. |
| american institute for economic research: Liberty or Lockdown Jeffrey Tucker, 2020-09-20 Jeffrey Tucker is well known as the author of many informative and beloved articles and books on the subject of human freedom. Now he’s turned his attention to the most shocking and widespread violation of human freedom in our times: the authoritarian lockdown of society on the pretense that it is necessary in the face of a novel virus. Learning from the experts, Jeffrey Tucker has researched this subject from every angle. In this book, Tucker lays out the history, politics, economics, and science relevant to the coronavirus response. The result is clear: there is no justification for the lockdowns. It’s liberty or lockdown. We have to choose. The book includes a foreword by George Gilder. |
| american institute for economic research: The Best of Frederic Bastiat Frederic Bastiat, Brad DeVos , 2020-06-19 “The worst thing that can happen to a good cause is not to be skillfully attacked, but to be ineptly defended.” ~Frederic Bastiat Frederic Bastiat wrote with urgency and passion for the free society, even until his last breath. He knew that political systems were not enough to preserve freedom. We need public consensus that comes from practical and moral conviction. He left us with the perfect model for how to obtain this. This is why AIER has put together this collection consisting of five of Bastiat’s most lucid and compelling pieces. There are many others, so please just consider this the essence of his work, a beginning and not an end. If this is your first time encountering his great work, prepare yourself for a change of mind, and a lifetime of intellectual adventure. Frederic Bastiat (1801-1850) was a French economist who wrote with urgency and passion for the free society. His writings greatly influenced the Austrian School. Bastiat is regarded by some historians as “the most brilliant economic journalist who ever lived.” This collection contains an Introduction by Brad DeVos and the following 5 classic works by Bastiat: I. The Law II. That Which is Seen, and That Which is Not Seen III. The Candlemakers’ Petition IV. A Negative Railroad V. Government The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity. |
| american institute for economic research: Origins of Money, The Carl Menger, 2009 |
| american institute for economic research: How to Avoid Financial Tangles Kenneth Clyde Masteller, 1955 |
| american institute for economic research: The Economics of Artificial Intelligence Ajay Agrawal, Joshua Gans, Avi Goldfarb, Catherine Tucker, 2024-03-05 A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system. |
| american institute for economic research: Blood in the Garden Chris Herring, 2024-11-12 For nearly an entire generation the New York Knicks have been a laughingstock franchise. But in the 1990s they had earned respect not only by winning, but also through brute force. The Knicks fought opponents. They fought each other. They even fought their own coaches at time-- and coach Pat Riley encouraged the nastiness. They never won a championship in those years-- but endeared themselves to millions of fans. Herring delves into the origin, evolution, and eventual demise of the iconic club in eye-opening detail. He pulls no punches-- which is just how those rough-and-tumble Knights would like it. -- adapted from jacket |
| american institute for economic research: If Something Should Happen Marla Brill, 2010-01-01 The purpose of this book is to help you organize your financial and legal affairs, so that your loved ones and others will be able to step in and help with minimal difficulty if you are not able to manage things yourself -- p. i. |
| american institute for economic research: Economic Analysis and Infrastructure Investment Edward L. Glaeser, James M. Poterba, 2021-11-11 Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending-- |
| american institute for economic research: Economic Risks of Climate Change Trevor Houser, Solomon Hsiang, Robert Kopp, Kate Larsen, Michael Delgado, Amir Jina, Michael Mastrandrea, Shashank Mohan, Robert Muir-Wood, D. J. Rasmussen, James Rising, Paul Wilson, 2015-08-18 Climate change threatens the economy of the United States in myriad ways, including increased flooding and storm damage, altered crop yields, lost labor productivity, higher crime, reshaped public-health patterns, and strained energy systems, among many other effects. Combining the latest climate models, state-of-the-art econometric research on human responses to climate, and cutting-edge private-sector risk-assessment tools, Economic Risks of Climate Change: An American Prospectus crafts a game-changing profile of the economic risks of climate change in the United States. This prospectus is based on a critically acclaimed independent assessment of the economic risks posed by climate change commissioned by the Risky Business Project. With new contributions from Karen Fisher-Vanden, Michael Greenstone, Geoffrey Heal, Michael Oppenheimer, and Nicholas Stern and Bob Ward, as well as a foreword from Risky Business cochairs Michael Bloomberg, Henry Paulson, and Thomas Steyer, the book speaks to scientists, researchers, scholars, activists, and policy makers. It depicts the distribution of escalating climate-change risk across the country and assesses its effects on aspects of the economy as varied as hurricane damages and violent crime. Beautifully illustrated and accessibly written, this book is an essential tool for helping businesses and governments prepare for the future. |
| american institute for economic research: Public Letters and Political Essays Lysander Spooner, Phillip W. Magness, 2019-05-13 This collection brings together the political writings and short essays of Lysander Spooner for the first time in a single volume. Spooner’s editorials span topics ranging from abolitionism and the Civil War, to free banking and currency, to the trial of President Garfield’s assassin, to government corruption in Massachusetts during the Gilded Age – all with biting wit and an uncompromising disdain for politicians. Containing over 40 years of newspaper editorials as well as the complete set of Spooner’s contributions to the magazine Liberty, many of these essays have been out of print for over a century. For any fan of Spooner’s political philosophy, and the idea of human liberty generally, this collection is essential reading. The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity. |
| american institute for economic research: Magic in the Dark Jonathan Kay, 2021-10-19 Early in the twentieth-century, B. S. Moss was one of many ambitious Jewish immigrants to leap from New York's textile business to the more promising and exciting world of motion pictures. Unlike most, Moss resisted the siren call of Hollywood and instead built one of the largest and most prestigious theater chains in the New York area. Inspired by his vision, successive generations of Moss management have kept his chain thriving, even as audiences migrated from vaudeville emporiums to sumptuous Art Deco palaces to suburban multiplexes. It was never easy: every movie was a gamble, and the business was constantly challenged by world wars, depressions, urban blight, union battles, real estate values, and the threats of radio, television, and streaming services. Yet the Mosses emerge as a rare multigenerational family success story. Granted unprecedented access to archives at their iconic Times Square headquarters, author Jonathan Kay charts the family's ups, downs, and fascinating adventures in the tumultuous cinema industry. |
| american institute for economic research: Cracks in the Ivory Tower Jason Brennan, Phillip W. Magness, 2019 Ideally, universities are centers of learning, in which great researchers dispassionately search for truth, no matter how unpopular those truths must be. The marketplace of ideas assures that truth wins out against bias and prejudice. Yet, many people worry that there's rot in the heart of thehigher education business.In Cracks in the Ivory Tower, libertarian scholars Jason Brennan and Philip Magness reveal the problems are even worse than anyone suspects. Marshalling an array of data, they systematically show how contemporary American universities fall short of these ideals and how bad incentives make faculty,administrators, and students act unethically. While universities may at times excel at identifying and calling out injustice outside their gates, Brennan and Magness contend that individuals are primarily guided by self-interest at every level. They find that the problems are deep and pervasive:most academic marketing and advertising is semi-fraudulent; colleges and individual departments regularly make promises they do not and cannot keep; and most students cheat a little, while many cheat a lot. Trenchant and wide-ranging, they elucidate the many ways in which faculty and students alikehave every incentive to make teaching and learning secondary.In this revealing expose, Brennan and Magness bring to light many of the ethical problems universities, faculties, and students currently face. In turn, they reshape our understanding of how such high-powered institutions run their business. |
| american institute for economic research: Creating Safe, Equitable, Engaging Schools David Osher, Deborah Moroney, Sandra L. Williamson, 2018 Creating Safe, Equitable, Engaging Schools brings together the collective wisdom of more than thirty experts from a variety of fields to show how school leaders can create communities that support the social, emotional, and academic needs of all students. It offers an essential guide for making sense of the myriad frameworks, resources, and tools available to create a continuous improvement system. Filled with recommendations gleaned from research and ongoing work in every US state and territory, this book is a critical resource for understanding and adopting evidence-based practices and making programmatic decisions to ensure the ideal conditions for learning, growth, and development. Creating Safe, Equitable, Engaging Schools is an essential read for teachers, principals, district leaders, and organizations that work with schools to create challenging and supportive environments for all students. --Paul Cruz, superintendent, Austin Independent School District Osher and colleagues not only connect the dots between big ideas--deeper learning, trauma, social and emotional learning, evidence-based programs, comprehensive community planning--but they model the continuous improvement approach in the way ideas are ordered across and within the chapters. This is a masterful volume: comprehensive, accessible, and way overdue. --Karen J. Pittman, cofounder, president and CEO, The Forum for Youth Investment This book provides a very usable road map for creating safe, healthy, equitable, and caring schools. The editors and contributors successfully integrate research, practice, and policy to help educators develop and implement effective and sustainable models to nurture caring schools that all children and educators deserve. --Mark T. Greenberg, Bennett Chair of Prevention Research, Pennsylvania State University David Osher is vice president and an institute fellow at American Institutes for Research. Deborah Moroney is a managing director at American Institutes for Research and is director of the youth development and supportive learning environments practice area. Sandra Williamson is a vice president for policy, practice, and systems change at American Institutes for Research. |
| american institute for economic research: The American Political Economy Jacob S. Hacker, Alexander Hertel-Fernandez, Paul Pierson, Kathleen Thelen, 2021-11-11 Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective. |
| american institute for economic research: The Cause of Business Depressions as Disclosed by an Analysis of the Basic Principles of Economics Hugo Bilgram, Louis Edward Levy, 2022-10-27 This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant. |
| american institute for economic research: Private Governance Edward Peter Stringham, 2015-06-01 From the first stock markets of Amsterdam,London, and New York to the billions of electronic commerce transactions today, privately produced and enforced economic regulations are more common, more effective, and more promising than commonly considered. In Private Governance, prominent economist Edward Stringham presents case studies of the various forms of private enforcement, self-governance, or self-regulation among private groups or individuals that fill a void that government enforcement cannot. Through analytical narratives the book provides a close examination of the world's first stock markets, key elements of which were unenforceable by law; the community of Celebration, Florida, and other private communities that show how public goods can be bundled with land and provided more effectively; and the millions of credit-card transactions that occur daily and are regulated by private governance. Private Governance ultimately argues that while potential problems of private governance, such as fraud, are pervasive, so are the solutions it presents, and that much of what is orderly in the economy can be attributed to private groups and individuals. With meticulous research, Stringham demonstrates that private governance is a far more common source of order than most people realize, and that private parties have incentives to devise different mechanisms for eliminating unwanted behavior. Private Governance documents numerous examples of private order throughout history to illustrate how private governance is more resilient to internal and external pressure than is commonly believed. Stringham discusses why private governance has economic and social advantages over relying on government regulations and laws, and explores the different mechanisms that enable private governance, including sorting, reputation, assurance, and other bonding mechanisms. Challenging and rigorously-written, Private Governance will make a compelling read for those with an interest in economics, political philosophy, and the history of current Wall Street regulations. |
| american institute for economic research: The Scandal of Money George Gilder, 2016-03-28 Why do we think governments know how to create money? They don't. George Gilder shows that money is time, and time is real. He is our best guide to our most fundamental economic problem. --Peter Thiel, founder of PayPal and Palantir Technologies Thirty-five years ago, George Gilder wrote Wealth and Poverty, the bible of the Reagan Revolution. With The Scandal of Money he may have written the road map to the next big boom. --Arthur B. Laffer, coauthor of the New York Times bestseller An Inquiry into the Nature and Causes of the Wealth of States Gilder pushes us to think about the government monopoly on money and makes a strong case against it. If you believe in economic freedom, you should read this book. --Senator Jim DeMint, president of The Heritage Foundation As famed economist and New York Times bestselling author George Gilder points out, “despite multi-billion dollar stimulus packages and near-zero interest rates, Wall Street recovers but the economy never does.” In his groundbreaking new book, The Scandal of Money, Gilder unveils a radical new explanation for our economic woes. Gilder also exposes the corruption of the Federal Reserve, Washington power-brokers, and Wall Street’s “too-big-to-fail” megabanks, detailing how a small cabal of elites have manipulated currencies and crises to stifle economic growth and crush the middle class. Gilder spares no one in his devastating attack on politicians’ economic policies. He claims that the Democrats will steer us to ruin – but points out that Republicans are also woefully misguided on how to salvage our economic future. With all major polls showing that voters rank the economy as one of the top three “most important problems” facing the nation, Gilder’s myth-busting, paradigm-shifting recipe for economic growth could not come at a more critical time. In The Scandal of Money, the reader will learn: Who is to blame for the economic crippling of America How the new titans of Wall Street value volatility over profitability Why China is winning and we are losing Who the real 1% is and how they are crushing the middle class The hidden dangers of a cashless society What Republicans need to do to win the economic debate—and what the Democrats are doing to make things worse |
| american institute for economic research: The Executor's Roadmap Jennifer Keeney-Bleeg, Rollo Handy, Edward Crosby Harwood, 2015-01-01 |
| american institute for economic research: Freedom in the 50 States William Ruger, Jason Sorens, 2016 This study ranks the American states according to how their public policies affect individual freedoms in the economic, social, and personal spheres. Updating, expanding, and improving upon the three previous editions of Freedom in the 50 States, the 2016 edition examines state and local government intervention across a wide range of policy categories -- from tax burdens to court systems, from eminent domain laws to occupational licensing, and from homeschooling regulation to drug policy. Freedom in the 50 States remains the only index that measures both economic and personal freedoms. |
| american institute for economic research: Failure by Design Josh Bivens, 2011-02-15 In Failure by Design, the Economic Policy Institute’s Josh Bivens takes a step back from the acclaimed State of Working America series, building on its wealth of data to relate a compelling narrative of the U.S. economy’s struggle to emerge from the Great Recession of 2008. Bivens explains the causes and impact on working Americans of the most catastrophic economic policy failure since the 1920s. As outlined clearly here, economic growth since the late 1970s has been slow and inequitably distributed, largely as a result of poor policy choices. These choices only got worse in the 2000s, leading to an anemic economic expansion. What growth we did see in the economy was fueled by staggering increases in private-sector debt and a housing bubble that artificially inflated wealth by trillions of dollars. As had been predicted, the bursting of the housing bubble had disastrous consequences for the broader economy, spurring a financial crisis and a rise in joblessness that dwarfed those resulting from any recession since the Great Depression. The fallout from the Great Recession makes it near certain that there will be yet another lost decade of income growth for typical families, whose incomes had not been boosted by the previous decade’s sluggish and localized economic expansion. In its broad narrative of how the economy has failed to deliver for most Americans over much of the past three decades, Failure by Design also offers compelling graphic evidence on jobs, incomes, wages, and other measures of economic well-being most relevant to low- and middle-income workers. Josh Bivens tracks these trends carefully, giving a lesson in economic history that is readable yet rigorous in its analysis. Intended as both a stand-alone volume and a companion to the new State of Working America website that presents all of the data underlying this cogent analysis, Failure by Design will become required reading as a road map to the economic problems that confront working Americans. |
| american institute for economic research: The 4% Solution The Bush Institute, 2012-07-17 Foreword by President George W. Bush With contributions from world renowned economists and Nobel prizewinners, The 4% Solution is a blueprint for restoring America’s economic health The United States is reaching a pivotal point in its economic history. Millions of Americans owe more on their homes than they are worth, long-term unemployment is alarmingly high, and the Congressional Budget Office is projecting a sustainable growth rate of only 2.3%—a full percentage point below the average for the past sixty years. Unless a turnaround comes quickly, the United States could be mired in debt for years to come and millions of Americans will be pushed to the sidelines of the economy. The 4% Solution offers clear and unflinching ideas on how to revive America’s economy. It sets a positive economic goal and asks some of the top economic minds on how to achieve it. With a focus on removing government constraints, The 4% Solution defines the policies that will allow Americans to save, invest, and create the jobs that the United States needs. The 4% Solution draws on the best minds in the business, including five Nobel laureates: · Robert E. Lucas, Jr., on the history and future of economic growth · Gary S. Becker on why we need immigrants in order to grow · Edward Prescott on the cost (to growth) of the welfare state · Vernon Smith on why housing leads us into and out of recessions · Myron Scholes on why we need to innovate in order to grow the economy |
| american institute for economic research: Financial Exclusion Robert E Wright, 2019-05-17 Like mass incarceration and slavery, financial exclusion, discrimination, and predation serve the interests of the few at the expense of their direct victims and overall economic efficiency. Yet those banes persist, evolve, and even thrive because governments often foster them with one hand while ineffectually combatting them with another. In Financial Exclusion, Robert E. Wright shows that America once ameliorated financial discrimination by leveraging the power of competition, allowing people who felt they were irrationally deprived of loans, insurance, or other financial services for reasons of ethnicity, gender, race, or religion to form their own financial institutions. Abandonment of that tradition for top-down government regulation in the 1990s led inevitably to the financial crisis of 2008. More regulation or direct government provision of financial services will not aid the those living in the hopeless, hungry side of town as much as a return to America's free market traditions will. Robert E. Wright has served Augustana University as the inaugural Nef Family Chair of Political Economy since 2009. After receiving his Ph.D. in economic history from SUNY Buffalo in 1997, Wright taught economics at the University of Virginia and New York University's Stern School of Business. His 18 previous books include Mutually Beneficial, The First Wall Street, Financial Founding Fathers, One Nation Under Debt, Bailouts, Fubarnomics, Corporation Nation, Little Business on the Prairie, and The Poverty of Slavery. |
| american institute for economic research: Relieving Pain in America Institute of Medicine, Board on Health Sciences Policy, Committee on Advancing Pain Research, Care, and Education, 2011-10-26 Chronic pain costs the nation up to $635 billion each year in medical treatment and lost productivity. The 2010 Patient Protection and Affordable Care Act required the Department of Health and Human Services (HHS) to enlist the Institute of Medicine (IOM) in examining pain as a public health problem. In this report, the IOM offers a blueprint for action in transforming prevention, care, education, and research, with the goal of providing relief for people with pain in America. To reach the vast multitude of people with various types of pain, the nation must adopt a population-level prevention and management strategy. The IOM recommends that HHS develop a comprehensive plan with specific goals, actions, and timeframes. Better data are needed to help shape efforts, especially on the groups of people currently underdiagnosed and undertreated, and the IOM encourages federal and state agencies and private organizations to accelerate the collection of data on pain incidence, prevalence, and treatments. Because pain varies from patient to patient, healthcare providers should increasingly aim at tailoring pain care to each person's experience, and self-management of pain should be promoted. In addition, because there are major gaps in knowledge about pain across health care and society alike, the IOM recommends that federal agencies and other stakeholders redesign education programs to bridge these gaps. Pain is a major driver for visits to physicians, a major reason for taking medications, a major cause of disability, and a key factor in quality of life and productivity. Given the burden of pain in human lives, dollars, and social consequences, relieving pain should be a national priority. |
| american institute for economic research: China's Influence and American Interests Larry Diamond, Orville Schell, 2019-08-01 While Americans are generally aware of China's ambitions as a global economic and military superpower, few understand just how deeply and assertively that country has already sought to influence American society. As the authors of this volume write, it is time for a wake-up call. In documenting the extent of Beijing's expanding influence operations inside the United States, they aim to raise awareness of China's efforts to penetrate and sway a range of American institutions: state and local governments, academic institutions, think tanks, media, and businesses. And they highlight other aspects of the propagandistic “discourse war” waged by the Chinese government and Communist Party leaders that are less expected and more alarming, such as their view of Chinese Americans as members of a worldwide Chinese diaspora that owes undefined allegiance to the so-called Motherland.Featuring ideas and policy proposals from leading China specialists, China's Influence and American Interests argues that a successful future relationship requires a rebalancing toward greater transparency, reciprocity, and fairness. Throughout, the authors also strongly state the importance of avoiding casting aspersions on Chinese and on Chinese Americans, who constitute a vital portion of American society. But if the United States is to fare well in this increasingly adversarial relationship with China, Americans must have a far better sense of that country's ambitions and methods than they do now. |
| american institute for economic research: Scoring 50 Years of US Industrial Policy, 1970–2020 Gary Clyde Hufbauer, Euijin Jung, 2021-11-29 Industrial policy is making a comeback in the United States. It is more urgent than ever to understand how and whether industrial policy has worked to strengthen the US economy. This study analyzes and scores 18 US industrial policy episodes implemented between 1970 and 2020, in an effort to assess what went right and what went wrong—and how the current initiatives might fare. The Peterson Institute for International Economics gratefully acknowledges the support of the Koch Foundation for this project. |
| american institute for economic research: Innovation and Public Policy Austan Goolsbee, Benjamin F. Jones, 2022-03-25 A calculation of the social returns to innovation /Benjamin F. Jones and Lawrence H. Summers --Innovation and human capital policy /John Van Reenen --Immigration policy levers for US innovation and start-ups /Sari Pekkala Kerr and William R. Kerr --Scientific grant funding /Pierre Azoulay and Danielle Li --Tax policy for innovation /Bronwyn H. Hall --Taxation and innovation: what do we know? /Ufuk Akcigit and Stefanie Stantcheva --Government incentives for entrepreneurship /Josh Lerner. |
| american institute for economic research: The Role of Innovation and Entrepreneurship in Economic Growth Michael J Andrews, Aaron Chatterji, Josh Lerner, Scott Stern, 2022-03-17 Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly-- |
| american institute for economic research: The American Dream Is Not Dead Michael R. Strain, 2020-02-25 Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can’t get ahead, wages have been stagnant for decades, and the middle class is dying. Michael R. Strain, director of economic policy studies at the American Enterprise Institute, disputes this rhetoric as wrong and dangerous. In this succinctly argued volume, he shows that, on measures of economic opportunity and quality of life, there has never been a better time to be alive in America. He backs his argument with overwhelming—and underreported—data to show how the facts favor realistic optimism. He warns, however, that the false prophets of populism pose a serious danger to our current and future prosperity. Their policies would leave workers worse off. And their erroneous claim that the American Dream is dead could discourage people from taking advantage of real opportunities to better their lives. If enough people start to believe the Dream is dead, they could, in effect, kill it. To prevent this self-fulfilling prophecy, Strain’s book is urgent reading for anyone feeling the pull of the populists. E. J. Dionne and Henry Olsen provide spirited responses to Strain’s argument. |
| american institute for economic research: Bourbon for Breakfast Jeffrey Albert Tucker, 2010 A compilation of many ... shorter writings ... of his twin loves, libertarian political philosophy and Austrian economics.--Page 4 of cover. |
| american institute for economic research: Mostly Harmless Econometrics Joshua D. Angrist, Jörn-Steffen Pischke, 2009-01-04 In addition to econometric essentials, this book covers important new extensions as well as how to get standard errors right. The authors explain why fancier econometric techniques are typically unnecessary and even dangerous. |
| american institute for economic research: Leave Me Alone and I'll Make You Rich Deirdre Nansen McCloskey, Art Carden, 2020-10-30 A “thought-provoking” one-volume distillation of the author’s powerful trilogy in praise of the middle class’s role in creating a better, and richer, world (Library Journal). The economist and historian Deirdre Nansen McCloskey has been best known recently for her Bourgeois Era trilogy, a vigorous defense, unrivaled in scope, of commercially tested betterment. Its massive volumes, The Bourgeois Virtues, Bourgeois Dignity, and Bourgeois Equality, solve Adam Smith’s puzzle of the nature and causes of the wealth of nations, and of the moral sentiments of modernity. The world got rich, she argues, not chiefly by material causes but by an idea and a sentiment, a new admiration for the middle class and its egalitarian liberalism. For readers looking for a distillation of McCloskey’s magisterial work, Leave Me Alone and I’ll Make You Rich is what you’ve been waiting for. In this lively volume, McCloskey and the economist and journalist Art Carden bring together the trilogy’s key ideas and its most provocative arguments. The rise of the west, and now the rest, is the story of the rise of ordinary people to a dignity and liberty inspiring them to have a go. The outcome was an explosion of innovation after 1800, and a rise of real income by an astounding 3,000 percent. The Great Enrichment, well beyond the conventional Industrial Revolution, did not, McCloskey and Carden show, come from the usual suspects, capital accumulation or class struggle. It came from the idea of economic liberty in Holland and the Anglosphere, then Sweden and Japan, then Italy and Israel and China and India, an idea that bids fair in the next few generations to raise up the wretched of the earth. The original shift to liberalism arose from 1517 to 1789 from theological and political revolutions in northwest Europe, upending ancient hierarchies. McCloskey and Carden contend further that liberalism and “innovism” made us better humans as well as richer ones. Not matter but ideas. Not corruption but improvement. Leave Me Alone and I’ll Make You Rich draws in entertaining fashion on history, economics, literature, philosophy, and popular culture, from growth theory to the Simpsons. It is the perfect introduction for a broad audience to McCloskey’s influential explanation of how we got rich. At a time when confidence in the economic system is under challenge, this book mounts an optimistic and persuasive defense of liberal innovism, and of the modern world it has wrought. Praise for the Bourgeois Era Trilogy “A contender for the great book of our age.” —The Times, Book of the Week “Persuasive . . . richly detailed and erudite.” —Financial Times |
| american institute for economic research: The Mystery of the Kibbutz Ran Abramitzky, 2020-05-26 How the kibbutz movement thrived despite its inherent economic contradictions and why it eventually declined The kibbutz is a social experiment in collective living that challenges traditional economic theory. By sharing all income and resources equally among its members, the kibbutz system created strong incentives to free ride or—as in the case of the most educated and skilled—to depart for the city. Yet for much of the twentieth century kibbutzim thrived, and kibbutz life was perceived as idyllic both by members and the outside world. In The Mystery of the Kibbutz, Ran Abramitzky blends economic perspectives with personal insights to examine how kibbutzim successfully maintained equal sharing for so long despite their inherent incentive problems. Weaving the story of his own family’s experiences as kibbutz members with extensive economic and historical data, Abramitzky sheds light on the idealism and historic circumstances that helped kibbutzim overcome their economic contradictions. He illuminates how the design of kibbutzim met the challenges of thriving as enclaves in a capitalist world and evaluates kibbutzim’s success at sustaining economic equality. By drawing on extensive historical data and the stories of his pioneering grandmother who founded a kibbutz, his uncle who remained in a kibbutz his entire adult life, and his mother who was raised in and left the kibbutz, Abramitzky brings to life the rise and fall of the kibbutz movement. The lessons that The Mystery of the Kibbutz draws from this unique social experiment extend far beyond the kibbutz gates, serving as a guide to societies that strive to foster economic and social equality. |
| american institute for economic research: From War to Work Samuel Turner, 1918 |
| american institute for economic research: The Four Pillars of Economic Understanding Peter J. Boettke, 2020-03-10 Economists have worked for centuries to present their core lessons to the general public in ways that are accurate and reflective of its true implications for our lives. Great economists, not always in the mainstream, have always known that economics is about the flourishing of human beings and the need for open societies that allow for experimentation, innovation, and the emergence of the order that only liberty can beget. In The Four Pillars of Economic Understanding, Peter J. Boettke has made a genuine contribution, building on the works of the great minds of the past to provide a new and unique presentation for the current age. This work puts every reader in the position of being Professor Boettke's student and holds the potential to be recognized as a seminal and classic statement concerning the implications of economics for our lives. The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity. |
| american institute for economic research: Environmental and Energy Policy and the Economy Matthew J. Kotchen, Tatyana Deryugina, James H. Stock, 2022-01-24 This volume presents six new papers on environmental and energy economics and policy in the United States. Rebecca Davis, J. Scott Holladay, and Charles Sims analyze recent trends in and forecasts of coal-fired power plant retirements with and without new climate policy. Severin Borenstein and James Bushnell examine the efficiency of pricing for electricity, natural gas, and gasoline. James Archsmith, Erich Muehlegger, and David Rapson provide a prospective analysis of future pathways for electric vehicle adoption. Kenneth Gillingham considers the consequences of such pathways for the design of fuel vehicle economy standards. Frank Wolak investigates the long-term resource adequacy in wholesale electricity markets with significant intermittent renewables. Finally, Barbara Annicchiarico, Stefano Carattini, Carolyn Fischer, and Garth Heutel review the state of research on the interactions between business cycles and environmental policy. |
| american institute for economic research: Big Data for Twenty-First-Century Economic Statistics Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, Matthew D. Shapiro, 2022-03-11 Introduction.Big data for twenty-first-century economic statistics: the future is now /Katharine G. Abraham, Ron S. Jarmin, Brian C. Moyer, and Matthew D. Shapiro --Toward comprehensive use of big data in economic statistics.Reengineering key national economic indicators /Gabriel Ehrlich, John Haltiwanger, Ron S. Jarmin, David Johnson, and Matthew D. Shapiro ;Big data in the US consumer price index: experiences and plans /Crystal G. Konny, Brendan K. Williams, and David M. Friedman ;Improving retail trade data products using alternative data sources /Rebecca J. Hutchinson ;From transaction data to economic statistics: constructing real-time, high-frequency, geographic measures of consumer spending /Aditya Aladangady, Shifrah Aron-Dine, Wendy Dunn, Laura Feiveson, Paul Lengermann, and Claudia Sahm ;Improving the accuracy of economic measurement with multiple data sources: the case of payroll employment data /Tomaz Cajner, Leland D. Crane, Ryan A. Decker, Adrian Hamins-Puertolas, and Christopher Kurz --Uses of big data for classification.Transforming naturally occurring text data into economic statistics: the case of online job vacancy postings /Arthur Turrell, Bradley Speigner, Jyldyz Djumalieva, David Copple, and James Thurgood ;Automating response evaluation for franchising questions on the 2017 economic census /Joseph Staudt, Yifang Wei, Lisa Singh, Shawn Klimek, J. Bradford Jensen, and Andrew Baer ;Using public data to generate industrial classification codes /John Cuffe, Sudip Bhattacharjee, Ugochukwu Etudo, Justin C. Smith, Nevada Basdeo, Nathaniel Burbank, and Shawn R. Roberts --Uses of big data for sectoral measurement.Nowcasting the local economy: using Yelp data to measure economic activity /Edward L. Glaeser, Hyunjin Kim, and Michael Luca ;Unit values for import and export price indexes: a proof of concept /Don A. Fast and Susan E. Fleck ;Quantifying productivity growth in the delivery of important episodes of care within the Medicare program using insurance claims and administrative data /John A. Romley, Abe Dunn, Dana Goldman, and Neeraj Sood ;Valuing housing services in the era of big data: a user cost approach leveraging Zillow microdata /Marina Gindelsky, Jeremy G. Moulton, and Scott A. Wentland --Methodological challenges and advances.Off to the races: a comparison of machine learning and alternative data for predicting economic indicators /Jeffrey C. Chen, Abe Dunn, Kyle Hood, Alexander Driessen, and Andrea Batch ;A machine learning analysis of seasonal and cyclical sales in weekly scanner data /Rishab Guha and Serena Ng ;Estimating the benefits of new products /W. Erwin Diewert and Robert C. Feenstra. |
| american institute for economic research: The Myth of the Entrepreneurial State Deirdre Nansen McCloskey, Alberto Mingardi, 2020-10-16 A common narrative of the post-World War II economists was that the State is indispensable for guiding investment and fostering innovation. They claimed that the wealth of the modern world is the result of past State guidance and that what is needed for future economic growth is more State guidance. This position has recently been rejuvenated in reaction to the Great Recession of 2008. The truth is that the enriched modern economy was not a product of State coercion. It was a product of a change in political and social rhetoric in northwestern Europe from 1517 to 1789. The Great Enrichment, that is, came from human ingenuity emancipated from the bottom up, not human ingenuity directed from the top down. The true question is what on balance is the best way to organize innovation—by the “wise State” or by commercially tested betterment? The American Institute for Economic Research in Great Barrington, Massachusetts, was founded in 1933 as the first independent voice for sound economics in the United States. Today it publishes ongoing research, hosts educational programs, publishes books, sponsors interns and scholars, and is home to the world-renowned Bastiat Society and the highly respected Sound Money Project. The American Institute for Economic Research is a 501c3 public charity. The Adam Smith Institute is one of the world's leading think tanks, recognised as the best domestic and international economic policy think-tank in the UK and ranked 2nd in the world among Independent Think Tanks by the University of Pennsylvania. Independent, non-profit and non-partisan, the Adam Smith Institute works to promote free market, neoliberal ideas through research, publishing, media outreach, and education. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom. The Institute was founded in the 1970s, as post-war socialism reached its high-watermark. Then, as now, its purpose was to educate the public about free markets and economic policy, and to inject sound ideas into the public debate. |
| american institute for economic research: The Political Economy of Public Debt Richard M. Salsman, 2017-02-24 How have the most influential political economists of the past three centuries theorized about sovereign borrowing and shaped its now widespread use? That important question receives a comprehensive answer in this original work, featuring careful textual analysis and illuminating exhibits of public debt empirics since 1700. Beyond its value as a definitive, authoritative history of thought on public debt, this book rehabilitates and reintroduces a realist perspective into a contemporary debate now heavily dominated by pessimists and optimists alike. |
| american institute for economic research: Facing Up to Low Productivity Growth Adam S. Posen , Jeromin Zettelmeyer , 2019-02-01 Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown and possible remedies for some years. Unaddressed in this discussion is what happens if the slowdown is not reversed. In this volume, a dozen renowned scholars analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, inequality, and, ultimately, politics in the advanced industrial world. They conclude that slow productivity growth could lead to unpredictable and possibly dangerous new problems, aggravating inequality and increasing concentration of market power. Facing Up to Low Productivity Growth also proposes ways that countries can cope with these consequences. |
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