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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“Few people would willingly take on additional stressors during lockdowns, uncertainty and financial stress during Covid. Depriving expectant mothers of significant milestones, such as baby showers and gender reveal parties isolates them from supportive networks of friends and family essential to reducing stress and improving mood.” ~ Micha Gartz
“As H.L. Mencken famously said, the urge to save humanity is almost always a false face for the desire to rule it. We’ve paid the butcher’s bill for generations of guillotine-operating humanitarians and kindly inquisitors. Perhaps we should grow up a little and take a different path.” ~ Art Carden
“The low-income worker is a net beneficiary of bigger government for about 10 years. But as time goes on, the worker would be far better off with smaller government and faster growth. Different assumptions will lead to different results, of course. My goal is simply to help readers understand two things: bigger government leads to less economic growth, and less growth leads to big income losses over time.” ~ Daniel J. Mitchell
“Payrolls posted a modest and disappointing gain in April. Despite the result, other data suggest the economic recovery is gaining momentum as government restrictions on consumers and businesses are lifted.” – Robert Hughes
“Government spending by its very name is the politicized allocation of precious wealth first created in the private sector. In other words, government spending delays the mass production of yesterday’s luxuries and tomorrow’s must-haves by limiting investment. Page B1 in the April 29th New York Times shows us why this is true.” ~ John Tamny
“Initial claims for unemployment benefits continue to decline, suggesting a strengthening labor market and improving economic outlook.” – Robert Hughes
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