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

To Lean, Clean, or Reign Supreme

Joakim Book May 16, 2021

“After a decade or more of economic and financial events that put central banks under heavy strain – financial collapse, a slow and timid recovery, the pandemic – strange things are again amiss in financial markets. Broda and Druckenmiller are right to say that ‘the Fed seems to be fighting the last battle.’ Ironically, so are they: we’re back in the lean-or-clean debate of twenty years ago.” ~ Joakim Book

Industrial Output Rises in April Despite Weakness in Autos

Robert Hughes May 14, 2021

“Industrial output rose for a second consecutive month in April, recovering from a weather-related drop in February; the sector still has a way to go until pre-pandemic levels of output. In general, cessation of government restrictions on consumers and businesses is boosting the economic outlook.” – Robert Hughes

Liberals Turning Against the Lockdown Left

Michael Fumento May 14, 2021

“The left, including the U.S. mainstream media, has always pushed a hysterical approach to both Covid spread and severity. But chinks in the armor are now appearing as it becomes clear that many want a permanent Covidocracy – lockdown forever and ever, amen.” ~ Michael Fumento