Economics and Economic Freedom
A free and prosperous society requires a functioning market economy at its foundation. Using a broad array of tools drawn from price theory, public choice analysis, Austrian theory, and classical empiricism, our study of economics and economic freedom explores the underpinnings of the market system, the roots of economic prosperity, and emerging threats to the same in the public policy sphere. Our work includes the measurement of freedom and providing practical economic information for people to make better decisions.
“As social scientists we remain alert for and open to cogent, economically-sound and well-reasoned hypotheses pertaining to the current state of the economy. Presently, though, our expectation of a US recession on or before August 2024 remains undeterred.” ~Peter C. Earle
“The goal is not to raise revenue so we can support the poor; instead, the US is pursuing the simpler goal of eliminating private concentrations of wealth.” ~Michael Munger
“Google is the best search engine in the world, and it paid to have its site featured as the default option for consumers. This not only benefited Google, but also Apple and Android customers.” ~Kimberlee Josephson
“DHHS wants to regulate pool rentals without going through the process of formal rulemaking. So the agency releases a guidance document telling impressionable county officials and homeowners that, as far as they’re concerned, they’re treating Swimply rentals as if they have a rule in place.” ~Jon Sanders
“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux
“The benign-sounding Credit Card Competition Act is a double whammy. It’s not just a threat to my credit card rewards; It’s a violation of my libertarian principles.” ~Jon Miltimore