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

Supply-Side Neoliberalism Sure Beats the Alternative

“The near-phobic disdain for supply-side economics and neoliberalism this century is part of a new wave of anti-capitalist sentiment. We have seen this movie before. It is a horror film. The true friends of rationality, liberty, and prosperity should wake up, stand proudly, and contend boldly.” ~ Richard M. Salsman

Pocket Monsters Meet Animal Spirits

“Lockdowns, boredom, and fiscal largesse sparked the incredible rise in Pokémon card values. But the Greater Fool Theory may already be at work.” ~ Peter C. Earle

Dead Masks: A Photo Essay

“According to one study, it will take 450 years for some of these masks to degrade. That’s a lot of dead baby birds and a lot of wasted energy, almost for naught. Great job, Homo personatus!” ~ Robert E. Wright

Existing-Home Sales Fall Again in April

“Existing-home sales fell in April as limited supply, rising prices and mortgage rates, and changing preferences work to cool the recent pace of activity.” – Robert Hughes

The Success of Climate Mainstreaming

“Mainstreaming any important topic means to single-mindedly put everyone’s efforts in one basket and ignore all other important issues. That was my mistake ten years ago: not seeing the bigger picture. Now the world has caught up, keen on making that same mistake, central banks more so than most. Don Quixote de la Mancha sends his regards.” ~ Joakim Book