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.

Articles

After Moore v. US, Wealth Taxes Are Only Mostly Dead

“The question of whether the government could tax the defendants’ unrealized gains — a common device in what are often called ‘wealth taxes’ — seemed to be teed up. But Justice Brett Kavanaugh, who wrote the majority opinion, avoided it.” ~GianCarlo Canaparo

A Tale of Two States: Idaho and California

“People have continued to move away from California and to Idaho, but the main drivers have probably been less the affordability of housing and more the higher quality of life and better economic opportunities in general.” ~Jason Sorens

The Threats Posed by Environmental, Social, and Governance Policies

Leaders in business, government, and finance have increasingly imposed Environmental, Social, and Governance (ESG) criteria on the rest of society. These top-down restrictions on society are costly and ineffective ways to address perceived and actual social problems. Societies flourish when

A Free, Prosperous and Secure America

America has a long history of seeking access to global markets to buy and sell goods and services. Yet trade policy has always been intertwined with national security questions. They are notoriously difficult to separate from each other, as efforts

Coolidge’s Silent Recipe for Success: Less Federal Government

“Politicians in 2024, however, embrace a very different principle: the necessity of government intervention in private affairs. Regardless of the party or the candidates, the automatic answer seems to be bigger and, most worryingly, more invasive government.” ~Luis Carlos Araujo Quintero