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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“Nobody in Washington has cared enough to slay the hydra. Wetlands policy vivifies how the Fifth Amendment’s proviso that property cannot be taken ‘without due process of law’ is void when bureaucrats are unleashed.” ~ James Bovard
“Payrolls posted a disappointing gain in August as new Covid cases surge. The outlook is for continued recovery but the threats and headwinds to growth have increased substantially.” – Robert Hughes
“Although the United States may be withdrawing its military, continued engagement through diplomatic and economic means could go a long way in mitigating an already tragic situation.” ~ Ethan Yang
“If we were to dig deeper, a look at biases in human reasoning would provide us with a richer understanding of the costs of sincerely trying to understand CRT and how it is or is not appropriately used at various levels of education.” ~ James E. Hanley
“Light-vehicle sales fell for a fourth consecutive month in August, falling farther below the recent typical range. Component shortages continue to disrupt production causing inventories to plunge and prices to surge.” – Robert Hughes
“Weekly initial claims for unemployment benefits fell for the fifth time in the last six weeks, hitting the lowest level of the pandemic though continuing claims ticked up. A tight labor market and a record number of open jobs should help drive initial claims lower, but rising Covid cases remain a threat to the outlook.” – Robert Hughes
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