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Title: AIER | American Institute for Economic Research

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This week marks the eighteenth anniversary of the failure of Lehman Brothers, a key event of the 2008 global financial crisis (GFC). Lehman’s failure and the GFC more broadly were dramatic economic events. Lehman Brothers was the largest ba...


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“A calamity ordained by Heaven may be escaped; A calamity ordained by oneself is inescapable.” So warns Shujing, the ancient Chinese Book of Documents...


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AIER readers are familiar with many of the big names in free-market scholarship and advocacy, such as Ludwig von Mises, Friedri...


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New Space Capitalism: The Entrepreneurial Path to the Stars

By Rainer Zitelmann
Skyhorse Publishing, 2026.
Pp. 304, $32.99 (hardcover).

The 1968 film 2001: A Space Odyssey was eerily prescient. On a mission to Jupiter, astronauts Frank and Dave get their news on the equivalent of an iPad, something that would not be invented unt...


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In 2084 — the year my kids turn 63 and 65 — the United Nations forecasts that the world’s population will peak at 10.3 billion and then begin falling.

Even before then, this process will be well along in some parts of the world.

The population of Europe will have fal...


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