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

Spencer Roane, Enduring Paladin of States’ Rights

“Roane believed that it was imprudent to limit judicial review to one institution because ‘all history teaches’ that ‘power is an encroaching thing, and that all men who possess it, will feel it and forget right.'” ~ Robert E. Wright

Are Big Companies Ripping Us Off?

“Politicians who benefit by pretending to ameliorate even the most minor complaints take action, regulate voluntary transactions, and affect how gains from trade can be distributed or even occur.” ~ Anthony Gill

Teaching Introductory Economics

“Economics supplies indispensable mental habits and analytical tools for gaining a better understanding of why and how it is that each of us, every moment of every day, enjoy the fruits of the labors and creativity of literally billions of strangers.”~ Donald J. Boudreaux

Energy Infamy: Nixon’s 1971 Price Controls Turn 50

“The 1970s stand as one of most grievous eras in the history of energy, and public policy in general. And it happened as a byproduct of a seemingly innocuous, temporary government intervention.” ~ Robert L. Bradley Jr.

Critical Economic Theory

“Critical Economic Theory can provide the knowledge and critical thinking skills necessary to stimulate real public policy debates instead of whatever lunacies currently take place on social media outlets.” ~ Robert E. Wright