Research Hub
Our research encompasses a variety of subjects, including monetary economics, political economy, and defending freedom against collectivism.
Financing the Federal Government: How Government Takes & Spends Your Money
This Explainer will cover where the government takes revenue from, how it spends those dollars, how it prioritizes spending, and what’s projected for the future.
Harwood Economic Review: Dispelling Economic Myths
Our latest issue explores why economic misconceptions persist and the vigilance required to counter them.
CBDCs Undermine Financial Privacy
“Financial privacy is very important for a free society. What we do reveals much more about who we are than what we say.” ~William J. Luther
Inflation Remained Below Target in August
“More cuts are projected for 2025, but not enough to return the stance of monetary policy to neutral.” ~William J. Luther
Argentina, 1500-2023: An Institutional Story
Argentina serves as a case study for the relationship between institutional environments and economic growth, as reality matches the theoretical predictions: economic freedom is a necessary condition for economic growth.
The Work vs Welfare Tradeoff Revisited
Explaining Welfare Benefits at the State Level
Understanding Trade Balances and What to Do About Them
Part 1: What is a Trade Balance? The balance of trade, often described under the heading of a “trade deficit” or a “trade surplus,” is the difference between the dollar […]
Financialization and Missed Boats
When Mythology Papers over Reality
Argentina, 1500-2023: An Institutional Story
Argentina serves as a case study for the relationship between institutional environments and economic growth, as reality matches the theoretical predictions: economic freedom is a necessary condition for economic growth.
Understanding Thomas Piketty’s Capital in the 21st Century
In the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention.
The Economic Consequences of Populism
The Great Depression Reconsidered
Civil Discourse and Political Reality
“It is one thing to dislike someone’s policies and argue against them in a civil discourse, discussing the merits and consequences of their proposals. But there is no place to demonize and so diminish the character of a candidate.” ~Will Sellers
Financing the Federal Government: How Government Takes & Spends Your Money
This Explainer will cover where the government takes revenue from, how it spends those dollars, how it prioritizes spending, and what’s projected for the future.
What, Exactly, Are Negative Externalities?
Economics textbooks feature a coherent theory of how markets can allocate scarce resources in ways that achieve what is plausibly described as maximum possible human satisfaction.
Understanding Trade Balances and What to Do About Them
Part 1: What is a Trade Balance? The balance of trade, often described under the heading of a “trade deficit” or a “trade surplus,” is the difference between the dollar […]
Understanding Thomas Piketty’s Capital in the 21st Century
In the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention.
AIER Papers
Sound Money Project
Public Choice & Public Policy Project
Our scholars offer regular commentary and in-depth analysis on public policy using the tools of Public Choice Economics. Sign up for the newsletter or learn more about the project.
