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.
Research Publications for Economics and Economic Freedom
General Institutional Considerations of Blockchain and Emerging Applications
PC Earle, DM Waugh
The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
Gordon Tullock and the Economics of Slavery
P Magness, A Carden, I Murtazashvili
Available at SSRN 4318585, 2023
J Sorens
Publius: The Journal of Federalism 53 (1), 55-81, 2023
J Enninga, RM Yonk
Sustainability 15 (8), 6396, 2023
RE Wright
The Independent Review 26 (4), 513-532, 2022
INTERNATIONAL SANCTIONS: Effective economic weapon or fundamentally flawed policy tool?
PC Earle
Financial History, 12-15, 2022
Articles
When Diktats and Conscience Conflict
“Grotius was a great liberal because he saw that everyone has moral agency, as an individual: Rulers are to be judged by the ruled. Everyone has the capacity and the responsibility to judge.” ~ Daniel B. Klein
Why Totalitarians Promote Hate
“As human cooperation decreases and hatred increases, you too, not just the people the mandates are directed against, will suffer. The oxygen of capitalism is cooperation. The oxygen of totalitarians is hatred for differences.” ~ Barry Brownstein
The Misuse of Knowledge in Society: Intervention Means Prices are Lying
“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden
Tax Increases Cannot Pay for the Democrats’ Reconciliation Bill
“During the pandemic, Congress passed multiple trillion-dollar bills to help keep the economy afloat. With the economy recovering, America does not need another one.” ~ Travis Nix
Opportunity Costs and the Economic Impact Report: They Didn’t See That Coming
“Good reporting helps people because they intuitively understand cost overruns are bad. What would also help people are more council members and commissioners who know to ask about what is not seen: opportunity costs.” ~ Jon Sanders
Angry about Unspent K-12 Education Funds? Support ESAs.
“If you’re angry about these ludicrous spending bills, the time to demand another option is now, and it all starts with schools. We’re in a mess, but ESAs could help guide us out.” ~ Garion Frankel