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
Gordon Tullock and the Economics of Slavery
P Magness, A Carden, I Murtazashvili
Available at SSRN 4318585, 2023
J Enninga, RM Yonk
Sustainability 15 (8), 6396, 2023
J Sorens
Publius: The Journal of Federalism 53 (1), 55-81, 2023
General Institutional Considerations of Blockchain and Emerging Applications
PC Earle, DM Waugh
The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
Situating Southern Influences in James M. Buchanan and Modern Public Choice Economics
A Carden, V Geloso, PW Magness
Standard of Living: Essays on Economics, History, and Religion in Honor of …, 2022
The calculus of dissent: Bias and diversity in FOMC projections
TL Hogan
Public Choice 191 (1-2), 105-135, 2022
Articles
History Lessons: The Case Against Regulating ESG Ratings Agencies
“This history lesson strongly suggests to us that security regulators should refrain from endorsing any particular ESG metric. Sadly, security regulators around the world appear to be intent on repeating the mistakes made by the SEC in the 1970s.” ~ Robert E. Wright & Andrew Smith
The Case For Diplomacy and Engagement Over Brinkmanship
“We must light the way with our example through engagement, trade, and a commitment to walking what we talk. With darkness and chaos on the rise in every corner of the globe, we must feed the flame of liberty and broadcast it across the night, not shut it off.” ~ Ethan Yang
$9 Reading Glasses, $16 Sunscreen, and the Genius of Economic Growth
“‘Green’ is generally expensive. That’s ok, but we generally will only swallow big expenses like $16 sunscreen if we feel we have the means to swallow these expenses. In short, ‘green’ living and energy are most likely to thrive in a real market if and when Americans have the means to pay more for what’s ‘cleaner.'” ~ John Tamny
More Government Debt as Far as the Fiscal Eye Can See
“What is the ethics, James Buchanan asked, of a fiscal system under which incentives exist and come into play that enable the current generation of taxpayers and recipients of government programs to shift part of the burden to pay for them to future generations?” ~ Richard M. Ebeling
The Invisible Hand Relies Upon Visible Prices
“Prices are among the visible results of the invisible hand’s successful operation, as well as the single most important source of this success. The market’s invisible hand, in short, alone makes possible – yet equally depends upon – visible market prices.” ~ Donald J. Boudreaux
Consumer Confidence Remained Strong in July
“Consumer attitudes remained at favorable levels in July as easing government restrictions continue to boost economic activity and job prospects.” – Robert Hughes