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.
Research Publications for Economics and Economic Freedom
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Gordon Tullock and the Economics of Slavery
Authors: P Magness, A Carden, I Murtazashvili
Publication: Available at SSRN 4318585, 2023
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General Institutional Considerations of Blockchain and Emerging Applications
Authors: PC Earle, DM Waugh
Publication: The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
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Achieving Ecological Reflexivity: The Limits of Deliberation and the Alternative of Free-Market-Environmentalism
Authors: J Enninga, RM Yonk
Publication: Sustainability 15 (8), 6396, 2023
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Regulatory Decentralization and Stringency: The Case of Comparative Minimum Wage and Renewable Energy Policies
Authors: J Sorens
Publication: Publius: The Journal of Federalism 53 (1), 55-81, 2023
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The calculus of dissent: Bias and diversity in FOMC projections
Authors: TL Hogan
Publication: Public Choice 191 (1-2), 105-135, 2022
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Framing affordable housing: an experimental test of changing attitudes
Authors: M Matheis, J Sorens
Publication: Housing Studies, 1-17, 2022
Articles
Job Gentrification: Three Questions as a Way of Teaching About Minimum Wages
“If you force much higher wages — and a ‘living wage’ of $15/hour for an entry-level job in fast food is much higher — then you will ‘gentrify” jobs.’ ~ Michael C. Munger
Stagflation Lite: 1st Quarter US GDP Growth Weakens to 1.1 Percent Amid a Renewed Inflationary Surge
“The current US economic environment could be categorized as stagflation lite, demonstrating as it does relatively resilient employment amid increasingly entrenched inflation and weakening growth.” ~ Peter C. Earle
The Global Market Miracle of the 99-cent Pineapple
“When past centuries’ most-iconic luxuries become commonplace and affordable, we always have specialization and market innovations to thank.” ~ Laura Williams
Progressive Interest Rates?
“Whatever one thinks about a proportional income tax, the principle of declining marginal significance of income doesn’t justify progressive income tax rates. Neither does it justify progressive mortgage interest rates.” ~ Charles W. Baird
Business Conditions Monthly March 2023
“No indicators are conclusive, and all are subject to change or revision. But in the the aggregate, current data suggests that US economic fundamentals are deteriorating. The current baseline estimate is for an economic recession within the next twelve to eighteen months.” ~ Peter C. Earle
The Future of Money & Banking: Bitcoin, Fractional Reserve, and Free Markets (Video)
“In this episode of Liberty Curious, Kate Wand and George Selgin discuss the merits of free banking, Keynesian economics, and the potential for a Bitcoin Standard in a world in which governments have long abused and mismanaged money.” ~ AIER
