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
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Biden-Harris Magical Labor Market Claims
“Damage to real wages began with Biden’s ‘Day One’ energy and regulatory Executive Orders, which reduced productivity and real GDP.” ~John Tatom
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Alfred Marshall’s Scissors
“There is simply no necessary relationship between cost and price.” ~Michael Munger
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Ford’s Massive Retreat From EVs, Explained
“The costs of listening to industry experts and politicians in Washington instead of consumers — and profits — have been severe.” ~Jon Miltimore
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In Policy, Vagueness is No Virtue
“Vagueness virtually ensures bad policies, if advancing Americans’ well-being —rather than party power — is the criterion.” ~Vincent Geloso
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The Supreme Court Reshuffles the Regulatory Deck
“The protections afforded by Loper Bright make for settled expectations that better conform to everyday notions of fairness.” ~Dan Greenberg and David McFadden
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Artificial Intelligence: Our Days (Probably) Aren’t Numbered
“Releasing labor from areas where machines have taken over has created many new possibilities.” ~Art Carden
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More Human Capital Requires More Economic Freedom
“Freer economies are able to make human capital (and self-improvement) more enticing for workers.” ~Vincent Geloso
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Break Out of Bad Therapy: Gen Z’s Road to Resilience
“A confused society cannot coalesce upon what a ‘fact’ even is, much less a vision of the common good.” ~Katelyn Shelton
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Ten Lessons of the Economic Way of Thinking
“Humans do not obtain god-like knowledge, wisdom, or goodness by acting politically.” ~Donald J. Boudreaux
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Free Market Electricity: A Primer
Free-market electricity rests on time-honored theoretical and evidential foundations. Yet the classical-liberal alternative to heavy-handed regulation has been ignored for more than a century.
Research Publications
General Institutional Considerations of Blockchain and Emerging Applications
PC Earle, DM Waugh. The Emerald Handbook on Cryptoassets: Investment Opportunities and …, 2023
Decentralized Marketplaces with Privately Enforced Contracts: A Case Study of OpenBazaar.
PC Earle, M Gulker, EP Stringham. Journal of Private Enterprise 37 (4), 2022
INTERNATIONAL SANCTIONS: Effective economic weapon or fundamentally flawed policy tool?
PC Earle. Financial History, 12-15, 2022
A Gay Bar and Some Polygamists Had a Fight over Zoning…
RM Yonk. Cato Institute, 2022
Achieving Ecological Reflexivity: The Limits of Deliberation and the Alternative of Free-Market-Environmentalism
J Enninga, RM Yonk. Sustainability 15 (8), 6396, 2023
Marie Springer: The politics of Ponzi schemes: history, theory, and policy: Routledge, 2020
RE Wright. Business Economics 57 (2), 89-91, 2022
The History and Evolution of the North American Wildlife Conservation Model
RE Wright. Palgrave Macmillan, 2022
The Political Economy of Modern Wildlife Management: How Commercialization Could Reduce Game Overabundance
RE Wright. The Independent Review 26 (4), 513-532, 2022
The calculus of dissent: Bias and diversity in FOMC projections
TL Hogan. Public Choice 191 (1-2), 105-135, 2022
Framing affordable housing: an experimental test of changing attitudes
M Matheis, J Sorens. Housing Studies, 1-17, 2022
Regulatory Decentralization and Stringency: The Case of Comparative Minimum Wage and Renewable Energy Policies
J Sorens. Publius: The Journal of Federalism 53 (1), 55-81, 2023
Changing Minds on Restrictive Zoning: How to Unclog America’s Home Supply
J Sorens. Manhattan Institute, Apr 1, 2022
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
Gordon Tullock and the Economics of Slavery
P Magness, A Carden, I Murtazashvili. Available at SSRN 4318585, 2023
How pronounced is the U-curve? Revisiting income inequality in the United States, 1917–60
VJ Geloso, P Magness, J Moore, P Schlosser. The Economic Journal 132 (647), 2366-2391, 2022
Books
