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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“Now that the economy is recovering, demand for labor has outpaced the supply—too many workers are unwilling to work under post-pandemic conditions, though this will likely be alleviated as relief and unemployment benefits expire.” ~ Robert F. Mulligan
“Whereas some anti-capitalists wish earnestly for capitalism’s end and yearn for a future utopia of non-capitalist wealth (a contradiction), others of them yearn for the world known before capitalism, the non-capitalist world that was fundamentally feudal and medieval.” ~ Richard M. Salsman
“The services sector expanded again in July, but shortages of labor and materials are continuing to restrain output and put upward pressure on prices.” – Robert Hughes
“Light-vehicle sales fell again in July, falling farther below the recent range. A semiconductor shortage continues to disrupt production causing inventories to plunge and prices to jump.” – Robert Hughes
“Liberty is not measurable in dollars; it is priceless. As such, we should argue against any infringement on liberty—in this case public debt—for that reason.” ~ Jonathan W. Plante
“Winning a great power rivalry requires a far different approach than winning a cold war. Politicians should aim to turn down the temperature of US-China relations and be wary of attempting to implement cold war-style tactics.” ~ Ethan Yang
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