Latest Articles
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Commentary
No, Immigrants Aren’t Responsible for the Housing Shortage. Here’s the Real Cause.
• Mar 31
Featured
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UPCOMING EVENT: Why Are Colleges Failing and What Can Be Done?
Oakland, CA | April 10
Senior Fellow Richard K. Vedder’s groundbreaking new book Let Colleges Fail: The Power of Creative Destruction in Higher Education offers new strategies for regaining excellence in higher education. In conversation with Phillip W. Magness, they will address the many problems vexing America’s college campuses and offer innovative solutions.
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Recommended Readings on Free Trade Versus Protectionism
Everything You Need to Know About Open Markets, Comparative Advantage, and Globalization
Economists are virtually unanimous that free trade benefits consumers and the overall economy. This annotated reading list provides proponents of free trade the intellectual sustenance to back up their arguments.
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New Book: Race & Liberty in America: The Essential Reader
Volume Extolls Classical Liberal Tradition of Anti-Racist Champions
The new, updated version of Race & Liberty: The Essential Reader includes fresh insights from contributors including Thomas Sowell, Coleman Hughes, Wilfred Reilly, and others who explore the values of colorblindness, individual freedom, and constitutional equal protection for individuals, regardless of race.
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2025 Independent Review Student Essay Contest
$10,000 in prizes | Deadline: May 15, 2025
The 2025 essay contest is an exciting opportunity for undergraduates to showcase their writing skills, gain exposure in our prestigious journal, and win cash prizes. The subject can be any topic at the intersection of economics, politics, philosophy, law, and public policy.
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California Golden Fleece® Award
Guilt by Association: How California’s CalGang Database and State Gang Laws Jeopardize Civil Liberties
For its harmful impact on civil liberties and justice, the Independent Institute has awarded its fifteenth California Golden Fleece® Award to the CalGang database and California's gang laws which have blurred the line between innocence and guilt.
Read the Report | Read the News Release -
Comparative Cultures Ethnic Studies Curriculum
A fresh curriculum for American schools
Independent has created an original ethnic studies curriculum to help introduce students to the full tableau of American ethnic history—dark moments as well as instances of triumph and personal success—and explore the various schools of thought that vie for attention on the subject.
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New Book: Good as Gold: How to Unleash the Power of Sound Money
America’s money should be stable, honest and dependable.
Judy Shelton offers workable solutions to provide price stability for consumers, bypassing the whims and distractions of politics, to focus on what drives economic growth.
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Recommended Readings on the History of Russia and Ukraine
The Russia/Ukraine war is between countries that have different histories and political cultures from our own. The conflict brings up just-war theory, the difficult issue of nationalities, contrasting political cultures, and a myriad of other issues. Here is the much-needed guide through all the complexity.
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CATALYST: Young Voices for Liberty
Catalyst is our website dedicated to issues that millennials care about the most: jobs, housing costs, education, student debt, healthcare, and more. Learn, engage, and connect.
Independent Bookstore
VISIT the bookstoreThe Independent Review A Journal of Political Economy
Latest Issue: Spring 2025
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Extensions and Expansions of the Ratchet Effect: An Introduction to the Symposium
by Abigail R. Hall, Ryan M. Yonk
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The Nuclear Ratchet: Crisis, Leviathan, and Atomic Weapons
by Christopher J. Coyne, Abigail R. Hall
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The China Ratchet: Extending Higgs’s Model to Explore Foreign Policy
by Ryan M. Yonk, Alec Stamm
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Operation Warp Speed: An Emerging Ratchet?
by Elisha K. Denkyirah, Raymond J. March
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Endogenous Ratcheting: Interests and Ideas in State-Centric Crisis Response
by Mikayla Novak
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War and Presidential Greatness
by Chandler Reilly, Vincent J. Geloso
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The Varieties of Ecological Rationality in Decision Making and Their Challenge to Behavioral Economics
by Yulie Foka-Kavalieraki
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Young Adam Smith: Worldly, Worldly-Wise, and Street-Smart
by Salim Rashid
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The Strange and Future Political Economy of AI
by Jimmy Alfonso Licon
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My Time in the Reagan Administration
by Paul Craig Roberts
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14 Book Reviews
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Millennials, Gen Zs, Capitalism, Socialism, and Confusion
by Robert M. Whaples
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Distributed weekly, The Lighthouse® provides an overview of the latest Independent Institute articles, publications, events, and media programs.