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.
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“Existing-home sales and inventories fell slightly in August as high prices and shifting housing preferences weigh on activity.” – Robert Hughes
“Economists should pay attention to aesthetics, or the art of economics, which is the art of creating ourselves, both morally and financially. More radically, economists need to stop trying to find an objective way into the heart of what happens when we exchange.” ~ Robert E. Gordon
“Multifamily housing activity has been surging recently while the single-family segment struggles. Uncertainty due to the latest wave of Covid combined with rising home prices and ongoing labor and materials shortages for builders all contribute to a challenging environment for housing.” – Robert Hughes
“The U.S. cannot fix the world. Washington should leave Central Asia’s problems to surrounding states. And Americans should focus on reviving their country.” ~ Doug Bandow
“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
“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
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