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

Security Theatre and Covering One’s Buttocks

“People still believe the erroneous and absurdly exaggerated fears that our political and journalistic merchants of fear released a year-and-a-half ago. How long we’ll carry the mistakes of Covid is anybody’s guess, but we’ll play a lot of security theatre until then.” ~ Joakim Book

A Current Burden of Deficit Financing

“Only someone who is convinced that government will undertake only economically worthwhile projects regardless of the means of financing – or someone who doesn’t understand economics – can look favorably upon deficit financing by government.” ~ Donald J. Boudreaux

Can You Even Be An “Informed” Citizen?

“The issues we’re considering are far, far more complex than you can fit on a bumper sticker, and this suggests that we would do better to move things into the commercial sphere rather than the political sphere.” ~ Art Carden

Beware of the Progressive Redefinition of Moderates

“Frederic Bastiat wrote his electoral manifesto at a time when politically popular ‘moderates’ enabled expanding government coercion, while ‘extremists’ defended liberty. Unfortunately, little seems different today.” ~ Gary M. Galles