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

10 Reasons Why You Shouldn’t Call Leftists “Liberal”

“If we are to stand up for liberal civilization, we must first appreciate the great arc of liberalism—that is, the development of liberalism, beginning, say, with the printing press in the fifteenth century and its subsequent ups and downs, and across liberal civilization, not just the American scene.” ~ Daniel B. Klein

A Different Perspective on Cancel Culture

“Cancel culture may be such a controversial phrase that cannot be salvaged, but the idea that we should ostracize those who unjustly challenge the public order is necessary for a civil society.” ~ David Crego

Weekly Initial Claims for Unemployment Benefits May Be Plateauing Again

“Weekly initial claims for unemployment benefits jumped in the latest week and may suggest a temporary plateau. A tight labor market and a record number of open jobs should continue to drive initial claims lower, but the Delta variant is increasing uncertainty.” – Robert Hughes

Leveling Down to Utopia

“In such a ‘Utopia’ without love or art or individuality, what is left? Certainly not choice. The State manages all activities, from the propagation of the species (every spring, like cattle) to bathing, since unequal habits led to ‘two distinct classes, the Clean and the Dirty.'” ~ Caroline Breashears

Can Antitrust Action Against Tech Giants Make the World Better Off?

“In passing judgment on the antitrust legislation that bears his name, Senator John Sherman might have done to American businesses and consumers what his elder brother General William T. Sherman did for the immediate well-being of Atlanta.” ~ Christopher Lingle