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.
“How very disappointed Mr. Carter will no doubt be, when the policies he espouses end up, once again, having the disastrous effects they have always produced in the past. Much to Mr. Carter’s chagrin, it will be Milton Friedman’s ideas on liberty that will be shown to be the far more enduring ones.” ~ Richard M. Ebeling
“Sometimes government might be preferable to the private sector, such as protecting our universal rights. However, for the vast majority of other concerns, we would be far better off looking to ourselves for answers than running towards the arms of the state.” ~ Ethan Yang
“Data continue to confound naïve climate models. Very difficult theory is slowly but surely explaining why. The climate debate is back to the physical science, where it never should have left.” ~ Robert L. Bradley Jr.
“Existing-home sales fell in May as rising prices and changing preferences work to cool the recent pace of activity.” – Robert Hughes
“That is not to say that the Teslas and the GameStops and the Bitcoins of today aren’t bubbles; they may be, due for corrections of bubble-like implosions rivaling those of our financial past. The point is, we won’t know until after – long after.” ~ Joakim Book
“Whenever I encounter intellectuals who declare that their econometric research or armchair theorizing reveals that workers are underpaid or that consumers are overcharged, I feel fully justified by responding with: ‘Prove it! Put your money where your mouth is.'” ~ Donald J. Boudreaux