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

Sweden to the Political Left of the Whole USA?

“Leftists might deny that they generally favor greater governmentalization, but the reality is that their ideas and policies almost always lead to bigger government. They often seem to be in denial about that, just as they are in denial about the downside of governmentalizing social affairs.” ~ Daniel B. Klein

What’s in a Name? Quite a Lot, Actually

“After studying economics, I started to understand what brand names do. Social phenomena persist because they solve problems, and brand names solve significant information problems. I think critics of brand names and marketing would do well to give consumers the benefit of the doubt.” ~ Art Carden

Will More Media Bias Save Democracy?

“Washington Post media columnist Margaret Sullivan is urging journalists to become openly biased. Sullivan claims this is necessary to save democracy. But most Washington reporters have more affection for Leviathan than for liberty or democracy.” ~ James Bovard

A Conversation on Keynes, Morality, and the Economy

“On this episode of the Authors Corner, Ethan sits down with AIER Visiting Fellow, Dr. Victor Claar to speak about his recent research and publications on the ideas of John Maynard Keynes and their long-term impact on how we view economics from a moral perspective.” ~ AIER

CNN’s Death Toll

“Throughout the pandemic, CNN and certain other cable news networks deliberately induced panic in order to boost their ratings and the CDC recently revealed that anxiety is the second most important contributing factor to death from/with Covid. Mass media pundits may have been as deadly as Masses or mass meetings.” ~ Robert E. Wright

Understanding China’s Financial Market Chaos

“In this case, Beijing seems to be making a calculated decision to pursue immediate political goals over long-term growth. Such trends are likely to continue and will make investing in Chinese companies increasingly unattractive.” ~ Ethan Yang