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
General Institutional Considerations of Blockchain and Emerging Applications
PC Earle, DM Waugh
The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
J Enninga, RM Yonk
Sustainability 15 (8), 6396, 2023
J Sorens
Publius: The Journal of Federalism 53 (1), 55-81, 2023
Gordon Tullock and the Economics of Slavery
P Magness, A Carden, I Murtazashvili
Available at SSRN 4318585, 2023
Decentralized Marketplaces with Privately Enforced Contracts: A Case Study of OpenBazaar.
PC Earle, M Gulker, EP Stringham
Journal of Private Enterprise 37 (4), 2022
The calculus of dissent: Bias and diversity in FOMC projections
TL Hogan
Public Choice 191 (1-2), 105-135, 2022
Articles
Corridor Versus Floor Operating Systems
“Although the Fed’s and the banks’ balance sheets have ballooned since the Great Recession, these reserves are less leveraged than they had been under the corridor system, because the IORB interest rate enables banks to earn income without lending.” ~ Robert F. Mulligan
Book Review: Mark Spitznagel’s Truly Spectacular ‘Safe Haven’
“Mark Spitznagel certainly is not captive to convention, which is why Safe Haven is such a joy. To the author, ‘becoming conventional is self-defeating in this business.’ Amen to that. The world needs more people like Spitznagel, and more books like the one he’s written.” ~ John Tamny
Engage Rather Than Sanction the Cuban People
“Washington should stop punishing the very people the Cuban government is oppressing. One frustrated Cuban told me that ‘We need the Americans back.’ President Biden, let the American people go!” ~ Doug Bandow
A Conversation About Free Trade in the 21st Century
“On this episode of the Authors Corner, Ethan sits down with AIER Senior Fellow Don Boudreaux, who is also a board member at the Mercatus Center, a professor of economics at George Mason University, and the former president of the Foundation for Economic Education.” ~ AIER
Weekly Initial Claims for Unemployment Benefits Fell but Outlook Remains Uncertain
“Weekly initial claims for unemployment benefits fell for a fourth consecutive week, hitting the lowest level of the pandemic. A tight labor market and a record number of open jobs should help drive initial claims lower, but rising Covid cases are a threat to the outlook.” – Robert Hughes
Nixonomics in Retrospect: Devaluation and Wage-Price Controls, August 15, 1971
“Many costly tax and other economic policy mistakes were made in the seventies, but the worst problems of the 1973-82 stagflationary era by far were the legacy of terrible monetary and regulatory blunders made in 1971.” ~ Alan Reynolds