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
INTERNATIONAL SANCTIONS: Effective economic weapon or fundamentally flawed policy tool?
PC Earle
Financial History, 12-15, 2022
Decentralized Marketplaces with Privately Enforced Contracts: A Case Study of OpenBazaar.
PC Earle, M Gulker, EP Stringham
Journal of Private Enterprise 37 (4), 2022
RE Wright
The Independent Review 26 (4), 513-532, 2022
Articles
Angry about Unspent K-12 Education Funds? Support ESAs.
“If you’re angry about these ludicrous spending bills, the time to demand another option is now, and it all starts with schools. We’re in a mess, but ESAs could help guide us out.” ~ Garion Frankel
Consumer Sentiment Improved Slightly but Remained Low in Early September
“Consumer sentiment remained weak in early September as consumers react to the one-two punch of elevated numbers of new Covid cases and rising prices for many consumer goods. The survey results suggest economic conditions in the second half of 2021 could be disappointing.” – Robert Hughes
The Tragedy of 9/11 and the Afghan Debacle
“Be prepared. Liberty will remain something to discount and whittle away in the name of ‘keeping America safe.’ And the high financial cost of playing global policeman will not diminish any time in the foreseeable future.” ~ Richard M. Ebeling
And Secure the Blessings of Liberty
“The government should protect Americans’ lives, liberty and property from foes foreign and domestic, and no more.” ~ Robert E. Wright
Constituting Constitutional Economics
“As Smith himself put it: ‘Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice.'” ~ Alexander William Salter
Spendthrift Uncle Sam No Longer Can Afford to Run the World
“Washington should stop trying to run the world and concentrate on defending Americans. The U.S. would be safer- and save money in the process.” ~ Doug Bandow