Home » Posts tagged with » AIER Senior Fellow

Money And The Constitution

Money And The Constitution

  Robert F. Mulligan Ratified between 1771 and 1781, the Articles of Confederation remained in force until they were superseded by the Constitution in 1788. In force for seven years, the Articles formalized some preexisting institutions such as the Continental Congress, but made no provision for a federal executive branch, and very limited provisions for a […]

A Current Burden Of Deficit Financing

A Current Burden Of Deficit Financing

by Donald J. Boudreaux My late Nobel-laureate colleague James Buchanan made many important contributions. Among the most significant is his proof, first offered in 1958, that Adam Smith and other classical economists were correct to argue that government projects that are funded with debt are ultimately paid for by the future citizens whose taxes must be raised (or whose […]

Reducing Racism And Global Climate Change In One Step

Reducing Racism And Global Climate Change In One Step

by Robert E. Wright Too often, lovers of liberty, this one included, respond to claims like “X is bad and it’s occurring more frequently so we need more government” with “X isn’t occurring or it is actually good from another perspective.” We need to remember to follow through by explaining that even if bad X […]

Poverty Isn’t Just About Money: Expanding The Child Tax Credit

Poverty Isn’t Just About Money: Expanding The Child Tax Credit

  by Veronique de Rugy The Wall Street Journal’s editors have written another great editorial, this time on the expansion of the child tax credit into a Universal Basic Income for children. Parents can now claim a maximum of $3,000 for those ages 6 to 17 and up and $3,600 for children under age 6, up from […]

The Costly But Deliberate U.S. Labor Shortage

The Costly But Deliberate U.S. Labor Shortage

by Richard M. Salsman For more than a year, due mainly to illiberal policies associated with Covid-phobia and lockdowns, the U.S. has experienced various types and magnitudes of labor shortages. In short, the quantity of labor demanded by would-be employers has exceeded quantities supplied by would-be employees, especially in the service sector. The phenomenon is […]

Identity Politics And Systemic Racism Theory As The New Marxo-Nazism

Identity Politics And Systemic Racism Theory As The New Marxo-Nazism

by Richard M. Ebeling It is very easy to say that we have been and are living in unprecedented times in 2020 and 2021. We have experienced a global pandemic, with government-imposed and mandated lockdowns and shutdowns of much of America’s and the world’s economic activities and social interactions, as well as with governmental debts […]