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

Harwood Economic Review Dispelling Economic Myths

Economic misconceptions persist due to misguided intuitions that overlook complex factors, a preference for principles over outcomes, the influence of epistemic bubbles, and political tribalism. Despite frequent refutation flawed ideas endure, requiring constant vigilance from economists. Harwood Economic Review Table

Supermarket Merger Muddle

“Traditional supermarkets have been losing a great deal of market share to those excluded from that definition.” ~Gary Galles

CBDCs Undermine Financial Privacy

“Financial privacy is very important for a free society. What we do reveals much more about who we are than what we say.” ~William J. Luther

Resolutions for the Fiscal New Year 

“Many lawmakers in DC make resolutions to be more fiscally responsible, but much like our New Year’s resolutions, they rarely follow through.” ~Thomas Savidge