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.


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

Sweden: Despite Variants, No Lockdowns, No Daily Covid Deaths

“Thus the country the media loved to hate is reaping the best of all worlds: Few current cases and deaths, stronger economic growth than the lockdown countries, and its people never experienced the yoke of tyranny.” ~ Michael Fumento

Consumer Spending Drives Economic Recovery in the Second Quarter

“The U.S. economy posted another strong quarter of growth, led by consumer spending. The outlook remains favorable but the Delta variant, accelerating consumer price increases from material shortages, labor and logistical issues, and potential changes to monetary and fiscal policies are keeping uncertainty elevated.” – Robert Hughes

Federal Court Rules Against Closing Private Schools

“The Court’s ruling was a long-overdue check on the egos of California’s leaders who, through the entire pandemic, treated its citizens like lab rats. Its lockdown policies have been the most severe and the most arbitrary, paying little attention to evidence or the law.” ~ Ethan Yang

History Lessons: The Case Against Regulating ESG Ratings Agencies

“This history lesson strongly suggests to us that security regulators should refrain from endorsing any particular ESG metric. Sadly, security regulators around the world appear to be intent on repeating the mistakes made by the SEC in the 1970s.” ~ Robert E. Wright & Andrew Smith

The Case For Diplomacy and Engagement Over Brinkmanship

“We must light the way with our example through engagement, trade, and a commitment to walking what we talk. With darkness and chaos on the rise in every corner of the globe, we must feed the flame of liberty and broadcast it across the night, not shut it off.” ~ Ethan Yang