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

Born Unequal: Pondering the Natural Lottery

“Maybe I’m just a dreamer. But I think nonviolence and compassion can motivate a million acts of kindness towards those born with less.” ~ Max Borders

Core Retail Sales Post a Strong Gain in August

“Retail sales rose in August with core retail sales particularly strong. Resilient consumer spending is a positive for the outlook but Covid is sustaining an elevated level of uncertainty.” – Robert Hughes

China’s Export Subsidies Are a Gift

“Misguided retaliation that would eliminate the advantages that cheaper Chinese goods offer would result in unnecessary self-inflicted costs and forgone benefits to the American economy.” ~ Theodore A. Gebhard

Hating Landlords Misplaces the Blame

“In greedy-bastard economics, rather than tracing their understanding of something they dislike back to its ultimate source, people only trace it back until they get to someone they can demonize as a greedy bastard.” ~ Gary M. Galles

Review of Ola Innset, Reinventing Liberalism

“Reinventing Liberalism is alternately fascinating and frustrating. At the end of the day, however, Innset has given us a serviceable introduction to neoliberalism and a novel interpretation of its program, and those by themselves make the book worth considering.” ~ Art Carden