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.
This explainer will outline what the gold standard was, how it operated, the benefits and criticisms surrounding it, and how its rise and eventual collapse shaped the global monetary system.
The American Institute for Economic Research educates people on the value of personal freedom, free enterprise, property rights, limited government, and sound money. AIER’s ongoing scientific research demonstrates the importance of these principles in advancing peace, prosperity, and human progress.
This explainer will outline how Medicaid functions, the program’s costs, its influence on healthcare in the United States, and how the proposed policy changes in 2025 could reshape the program.
It is by understanding the nature of cooperation that one can see how the evolution of all the other foundations of economics, and even the free market economy itself, was driven by the societal benefits from ever more effective cooperation.
The Jones Act has been a staple of the American political landscape for over one hundred years. It has also created many unintended consequences.
In this Explainer, we’ll seek to understand what tariffs are, who gets to set them, and under what conditions.
How do property taxes work in the United States, and what are their economic consequences?
Research Fellow Thomas Savidge digs into tax data to answer a frequently echoed question.
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.
Explaining Welfare Benefits at the State Level
PC Earle. Financial History, 12-15, 2022
PC Earle, DM Waugh. The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
PC Earle, M Gulker, EP Stringham. Journal of Private Enterprise 37 (4), 2022
RM Yonk. Cato Institute, 2022
J Enninga, RM Yonk. Sustainability 15 (8), 6396, 2023
RE Wright. Business Economics 57 (2), 89-91, 2022
RE Wright. Palgrave Macmillan, 2022
RE Wright. The Independent Review 26 (4), 513-532, 2022
TL Hogan. Public Choice 191 (1-2), 105-135, 2022
M Matheis, J Sorens. Housing Studies, 1-17, 2022
J Sorens. Publius: The Journal of Federalism 53 (1), 55-81, 2023
J Sorens. Manhattan Institute, Apr 1, 2022
A Carden, V Geloso, PW Magness. Standard of Living: Essays on Economics, History, and Religion in Honor of …, 2022
P Magness, A Carden, I Murtazashvili. Available at SSRN 4318585, 2023
VJ Geloso, P Magness, J Moore, P Schlosser. The Economic Journal 132 (647), 2366-2391, 2022