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Featured
Are Institutions Buying Up Single-Family Homes?
The Daily EconomyInstitutional investors own less than one percent of single-family homes, and their impact on prices is modest. New evidence suggests their presence may reduce rents. -
Featured
Enabling Bad Behavior: The Federal Reserve’s Municipal Liquidity Facility in Retrospect
AIER PapersExecutive Summary In response to the COVID-19 pandemic, the Coronavirus Aid, Relief, and Economic Security (CARES) Act greatly expanded government intervention in the economy. Among many hasty creations of March […] -
Featured
AIER’s Everyday Price Index Levels Off in December 2025
The Daily EconomyOur proprietary index barely budged at the end of 2025, but the underlying mix stayed active. Prices are still uneven: rising food categories offset declines in fuel.
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The Daily EconomyThe minerals aren’t rare. China’s marginal advantage is a willingness to accept human and environmental costs other nations eschewed. -
The Daily EconomyThe DOJ’s investigation is ugly politics, but we might welcome a test of whether central bankers are subject to the same oversight as everyone else.
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The Daily EconomyCentralizing policy through executive action and governance “emergencies” is eroding the republic’s foundations.
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The Daily EconomyCrypto-related prosecutions illustrate how allegations of crime are used to target privacy-enhancing tools and the people who build them.
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The Daily EconomyThe pledge demands patriotic devotion. The skeptical Constitution builds limits on power. Only one protects liberty.
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The Daily EconomySilicon Valley isn’t dying — it’s decentralizing. Tech firms are expanding in lower-cost states and taking jobs with them.
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Exploring the full range of conservative thought through conversations and debate.
There has never been conformity or unanimity among conservatives. Conservatism contains many different factions and varieties of thought. The Philadelphia Society has always been dedicated to fostering conversation. This volume is published in that spirit.
