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Character, Liberty, and Economics

Over four decades I've written scores of articles, essays, and columns on economics; taught the subject at the university level; and given hundreds of speeches on it. In recent years the nexus between the economics of a free society and individual character has worked its way into my writing, speaking, and thinking with increasing emphasis. I now believe that nexus is the central issue we must address if our liberties and free economy are to be restored and preserved.

Activists in the free-market movement in the past 25 years have stressed the need for sound public-policy research and basic economic education. Think tanks and new media have sprung up to provide both. Though important, they ...

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