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
J Enninga, RM Yonk
Sustainability 15 (8), 6396, 2023
Gordon Tullock and the Economics of Slavery
P Magness, A Carden, I Murtazashvili
Available at SSRN 4318585, 2023
General Institutional Considerations of Blockchain and Emerging Applications
PC Earle, DM Waugh
The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
J Sorens
Publius: The Journal of Federalism 53 (1), 55-81, 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
Articles
Medicare’s Real Contribution: Hollowing Out Healthcare
“Declining reimbursement rates, on top of losses in purchasing power, result in reduced access to care, as some physicians have limited the number of Medicare patients they accept or have stopped accepting new Medicare patients altogether.” ~Peter C. Earle
Investors are Not to Blame for the Priciest Housing in History
“As of Q1 2024, investor purchases are below levels experienced seven years ago. As it turns out, rising interest rates impact the ability of investors to deploy capital profitably, just as this environment makes it difficult for families to acquire a home.” ~Joel Griffith
The Mass Democratization of Knowledge: Now Everyone Has Research Assistants
“Companies like Google, Microsoft, Apple, Amazon, and OpenAI have made it so that anyone with an internet connection can access cutting-edge ideas, data, analytical tools, and the received wisdom of the ages at the click of a button.” ~Art Carden
After Moore v. US, Wealth Taxes Are Only Mostly Dead
“The question of whether the government could tax the defendants’ unrealized gains — a common device in what are often called ‘wealth taxes’ — seemed to be teed up. But Justice Brett Kavanaugh, who wrote the majority opinion, avoided it.” ~GianCarlo Canaparo
A Tale of Two States: Idaho and California
“People have continued to move away from California and to Idaho, but the main drivers have probably been less the affordability of housing and more the higher quality of life and better economic opportunities in general.” ~Jason Sorens
The Threats Posed by Environmental, Social, and Governance Policies
Leaders in business, government, and finance have increasingly imposed Environmental, Social, and Governance (ESG) criteria on the rest of society. These top-down restrictions on society are costly and ineffective ways to address perceived and actual social problems. Societies flourish when