On this episode of the AIER Standard, Ethan sits down with Pete Earle to speak about dedollarization, a global trend of reducing usage of the US Dollar. As American currency declines, rival countries like China rise to take its place. Pete explains the reasons for the US Dollar's decline and comments on where he thinks trends are headed. Finally, Pete offers important insight on how the US government can maintain its financial reliability in a world that is growing increasingly skeptical.*** Please note that the opinions expressed in this podcast are solely those of the host and her guests. They do not necessarily reflect the views of the American Institute for Economic Research. The content presented in this show is intended for educational purposes only, and should not be considered as financial advice. ***1:21 China and Brazil Get Off the Dollar7:20 Why Was the US Dollar Made the Dominant Global Currency12:00 Can China’s Yuan or Another Currency Replace the Dollar?15:40 Why Can’t the EU or BRICS Replace the US Dollar20:00 What Happens if the US Dollar Falls From Grace28:00 Bretton Woods III and the New Order33:00 Cryptocurrency and the Dollar37:30 Can We Save the Dollar?

In this episode of the AIER Standard, Ethan Yang sits down with the incoming president of the Public Choice Society, Christian Bjørnskov, who is the author of an award-winning paper on the use of emergency powers. The conversation explores why and how emergency powers paradoxically cause greater problems during periods of crisis, the most recent being the Covid-19 Pandemic. Furthermore, Chris offers insight into how Scandinavian countries like Denmark and Sweden keep their political leaders accountable beyond legal limitations, which are ultimately just words on paper. Chris is a professor at Aarhus University and a researcher at the Research Institute of Industrial Economics in Stockholm.*** Please note that the opinions expressed in this podcast are solely those of the host and her guests. They do not necessarily reflect the views of the American Institute for Economic Research. The content presented in this show is intended for educational purposes only, and should not be considered as financial advice. ***

In this episode of the AIER Standard, Ethan Yang sits down with AIER Senior Faculty and Former Senate Banking Committee Economist Tom Hogan to discuss the future of central banking. Their discussion gets to the root of today's pressing monetary issues, inflation, runaway spending, politicized Federal Reserve policy, and faltering confidence in money. They touch on the incentives and limitations that have driven central banking to where it is today from the prior status quo inspired by Milton Friedman and the gold standard. Finally, the conversation explores emerging ideas to reform the global monetary system, such as the idea of a Bretton Woods III based on commodity standards and the use of cryptocurrency.

The decline of American higher education is a common yet existential conversation.Every persuasion has its critique: college is getting too expensive yet increasingly unproductive. Elite academia is overtaken by radical Leftists. Elite academia is inaccessible to minorities. American colleges continue to bow to extreme student activists. American colleges refuse to make substantive changes to serve the demands of students.Ultimately, we are presented with a problem that must be confronted. Higher education is essential for fostering bright minds to lead society into the future, providing the necessary skills to power an advanced economy, and teaching the core values of our civilization. However, academia, like any institution, is filled with self-interested stakeholders and conflicting incentives that lead to mission drift and corruption. This begs the question of whether American higher ed can be reformed or is it drastic action needed.Phil Magness is a coauthor of the book Cracks in the Ivory Tower, where he applies a public choice analysis to American higher education to highlight its critical, self-destructive tendencies. He explains from a realist, analytical perspective the incentives powering certain trends, such as skyrocketing tuition, falling academic rigor, and ideological uniformity.aier.orgIf you enjoy the AIER Standard with Ethan Yang, make sure to subscribe wherever you listen to podcasts!

Get an in-depth look at American democracy with Dr. Ryan Yonk and Ethan Yang. Ditch the idealized views and join us for a political-economic analysis of our political institutions. From the meaning of elections to the power allocation of democracy and the American two-party system, Dr. Yonk explores the essential economic and political principles that shape our politics. Learn why politicians act the way they do, the impact of political culture vs institutions, and the role of political entrepreneurs, lobbying, and partisanship. Discover the incentives of elected officials and the influence of the American founding on today's politics. Finally, we delve into why people turn to government for everything and the perspectives of Democrats, Republicans, and American voters. Join us for a thought-provoking discussion on how to make democracy work long-term. Time stamps in description box. Don't miss it!