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

Look With Two Is

“Look at institutional arrangements as they actually play out, making the comparison by looking through two Is: information and incentives.” ~Michael Munger

The Middleman Is a Public Servant

“Letting people make their own choices is an important part of respecting one another as free equals… We don’t help people by prohibiting the choices they actually make.” ~Art Carden

Should We Panic Over Excessively Low Global Temperatures?

“We simply have no way to trace out more than a minuscule fraction of the economic consequences, positive and negative, of government efforts to alter a phenomenon as massive as the earth’s environment.” ~Donald J. Boudreaux