AIER just launched its new Explainer paper series, helping the everyman make sense of complicated economic topics. The first Explainer, Understanding Public Debt by AIER Research Fellow Thomas Savidge…
Public debt, sometimes called government debt, is money borrowed by governments. Like all debt, public debt finances spending today by borrowing on the…
A satirical cartoon from the German Weimar Republic depicts Gutenberg’s reaction to his press being used to print inflationary money. The caption reads…
Mountainside avalanche barriers in the High Tatras, northern Slovakia, in the summer season. 2024. Woosh, woosh, woosh. The helicopter blades cut through the…
United States Treasury Secretary Janet Yellen, on a recent visit to Philadelphia. 2024. There’s strong and growing evidence that the “next” US recession…
Federal Reserve Board Chair Jerome Powell and former Chair Ben Bernanke discuss perspectives on monetary policy at a research conference. 2023. The Federal…