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

The High Price of Popcorn

“The next time you reach for a handful of buttery popped corn, give a stomping cheer for the entrepreneurial creativity of the theater owner who made it possible for a wide variety of people to enjoy a summer blockbuster.” ~ Anthony Gill

Lessons From the Bronze Age Collapse

“We survived this time, but the next time a global crisis rolls around we may not be so fortunate if governments continue to pursue their anti-social policies that undermine the social order based upon the division of labor.” ~ Zachary Yost

The Dangers and Opportunities of Biden’s New Antitrust Order

“Biden’s executive order is filled with aggressive and romantic language that seems to harken back to the tired old age of early 20th-century trust busting that reeks of disdain for large corporations just for the sake of being large. At the same time, the order does pay some respect to the idea that economic freedom is a necessary component for encouraging competition.” ~ Ethan Yang

Lumber Prices Return to Earth

“A new round of expansionary monetary policy, wildfires, or other developments could bring more upheaval to this ordinarily sedate market, but for now it appears that the lumber market delirium has been quelled.” ~ Peter C. Earle

AIER Leading Indicators Index Suggests Continuing Economic Expansion

“AIER’s Leading Indicators Index remained solidly above neutral in June, suggesting continued economic growth. However, labor issues, materials shortages, and logistical problems are restraining the recovery in output and putting upward pressure on prices. While the outlook remains positive, the emergence of the Delta variant increases uncertainty.” – Robert Hughes