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.
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“New orders for core capital goods hit another new high in August, the ninth record in the last ten months. Continued gains are a positive sign for the economic outlook.” – Robert Hughes
“‘Ideal’ socialism systematizes legalized theft and hence will be resisted in ways large and small, rendering it less productive than systems that recognize the way humans naturally cognize property.”~ Robert E. Wright
“The fact that the market, thankfully, is so robust as not to grind to a halt at the slightest provocation ought not be mistaken as evidence that government interventions into the economy are harmless unless and until they begin to resemble full-on socialism.” ~ Donald J. Boudreaux
“Minds Wide Shut provides a worthwhile introduction, but it calls for much more work. I would suggest to Morson and Schapiro that they revise the book to focus on true fundamentalist thinking and leave out their misleading and ill-conceived attack on ‘market fundamentalism.'” ~ George Leef
“New-home sales rose in August but so did inventory and months’ supply. Rising prices will likely continue to force some buyers out of the market, leading to additional inventory build and slower price increases.” – Robert Hughes
“By using the most abundant element on earth, hydrogen, Fusion provides a limitless future. The only question is whether our politics allows us to accept this good fortune.” ~ James E. Hanley
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