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.
Household costs are rising faster than mainstream inflation gauges reveal. US military adventurism is hitting Americans hard.
Rising prices make us look for someone to blame, but the broken market has a simple cause: it's illegal to build enough homes.
The president can escape the economic trench warfare he started in April 2025. But first, he’ll have to remember a decades-old lesson from the greatest deal he ever struck.
America’s shipbuilding troubles did not begin with foreign rivals — and they will not be solved by taxing them.
Low layoffs and low hiring have created a fragile equilibrium. The underlying picture points to drift, not true growth.
Samuel Gregg examines Adam Smith’s analysis of the economic drivers behind the American Revolution. He highlights Smith’s revolutionary solutions for resolving the conflict and concludes by applying these enduring insights…
Is targeting three percent of GDP a turning point, or another empty promise?
A failed wallpaper cleaner became a global toy — and a case study in job creation. Consumer tastes, not policy prescriptions, continually reinvent our economy.
The very prosperity created by capitalism can obscure its benefits, fueling discontent even when we're much better off.
The President returned to office on promises to lower costs at home and restore our reputation abroad. Americans got the opposite.
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