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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“According to one study, it will take 450 years for some of these masks to degrade. That’s a lot of dead baby birds and a lot of wasted energy, almost for naught. Great job, Homo personatus!” ~ Robert E. Wright
“Existing-home sales fell in April as limited supply, rising prices and mortgage rates, and changing preferences work to cool the recent pace of activity.” – Robert Hughes
“Mainstreaming any important topic means to single-mindedly put everyone’s efforts in one basket and ignore all other important issues. That was my mistake ten years ago: not seeing the bigger picture. Now the world has caught up, keen on making that same mistake, central banks more so than most. Don Quixote de la Mancha sends his regards.” ~ Joakim Book
“Initial claims for unemployment benefits moved lower again, suggesting a strengthening labor market and improving economic outlook.” – Robert Hughes
“Discrimination and Disparities is classic Sowell, and people who are already familiar with his work will find a lot of claims he has made elsewhere. However, these will likely be news to people who haven’t already read Intellectuals and Society, Intellectuals and Race, or Affirmative Action Around the World. Discrimination and Disparities is an important contribution with something to say to everyone who wants to understand the debate.” ~ Art Carden
“Do we really want already-stressed out people adding to their cognitive load by thinking they might be sinning against Gaia or Greta Thunberg by printing or discarding a sheet of paper? As Bryan Caplan has pointed out, ‘Recycling is the philosophy that everything is worth saving except your time.'”~ Art Carden
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