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

Consumer Sentiment Improved Slightly but Remained Low in Early September

“Consumer sentiment remained weak in early September as consumers react to the one-two punch of elevated numbers of new Covid cases and rising prices for many consumer goods. The survey results suggest economic conditions in the second half of 2021 could be disappointing.” – Robert Hughes

The Tragedy of 9/11 and the Afghan Debacle

“Be prepared. Liberty will remain something to discount and whittle away in the name of ‘keeping America safe.’ And the high financial cost of playing global policeman will not diminish any time in the foreseeable future.” ~ Richard M. Ebeling

And Secure the Blessings of Liberty

“The government should protect Americans’ lives, liberty and property from foes foreign and domestic, and no more.” ~ Robert E. Wright

Constituting Constitutional Economics

“As Smith himself put it: ‘Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice.'” ~ Alexander William Salter

Born Unequal: Pondering the Natural Lottery

“Maybe I’m just a dreamer. But I think nonviolence and compassion can motivate a million acts of kindness towards those born with less.” ~ Max Borders