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The mission of the Free Market Institute at Texas Tech University is to advance the teaching of and research directly related to the virtues of free markets.  The Institute promotes scholarship that crosses disciplinary boundaries, providing a forum that encourages and values discussion and rigorous debate regarding all aspects of free markets.

Dr. Edward Stringham and Dr. Adam Martin to Join the Free Market Institute

Texas Tech University hired Dr. Stringham and Dr. Martin to serve as faculty in the Area of Energy, Economics and Law (Jerry S. Rawls College of Business Administration ) and the Department of Agricultural and Applied Economics (College of Agricultural Sciences & Natural Resources) respectively and as Faculty Affiliates of the Free Market Institute starting with the 2014-2015 academic year.

Benjamin Powell's Out of Poverty: Sweatshops in the Global Economy Now Available

Cover Art of Out of Poverty

Cambridge University Press has released a new book from Free Market Institute Director, Dr. Benjamin Powell, titled Out of Poverty: Sweatshops in the Global Economy The book is a new volume in the Cambridge Studies in Economics, Cognition and Society series and is available for purchase at Amazon.

2002 Nobel Laureate in Economic Sciences Delivered Public Lecture on Behalf of FMI

Rethinking Housing Bubbles: Recessions Since 1929

Dr. Vernon L. Smith visited Texas Tech University in February 2014 to discuss research related to his forthcoming volume (co-authored with Steven D. Gjerstad), Rethinking Housing Bubbles: The Role of Household and Bank Balance Sheets in Modeling Economic Cycles.

Texas Tech's FMI receives $1.7 million grant to study economic freedom, prosperity

An Investigation of the Origins of Economic Freedom

The John Templeton Foundation awarded the Free Market Institute a three-year research grant to study the institutional underpinnings of the mechanisms and processes that produce social change in support of enhanced economic freedom.

In the Media

Op-Ed - April 4, 2014 - POWELL: Affording Tesla the freedom to fail - The Washington Times - Dr. Powell shares his perspective on the recent media coverage of state-level bans on direct sales of automobiles to consumers, which have been construed as a deliberate attack on the distribution model of Tesla Motor Company.

Podcast Interview
- March 13, 2014 - What's So Bad About Sweatshops? - Lions of Liberty Podcast Ep. 26 - Marc Clair hosted Dr. Powell to discuss common criticisms of sweatshops in third world countries and Dr. Powell's research in his forthcoming book Out of Poverty: Sweatshops in the Global Economy

External Outreach
- March 4, 2014 - Benjamin Powell Book Panel: Out of Poverty: Sweatshops in the Global Economy - Mercatus Center, George Mason University - The F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics  at the Mercatus Center hosted a panel discussion featuring Dr. Powell and his new book.


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Support the Free Market Institute

Thank you for visiting the home page of the Free Market Institute at Texas Tech University.  The prospects for long-term growth of the Institute's teaching, research and community outreach efforts depend on the contributions of individuals who value the adoption of and, in the very least, serious and reasoned consideration of market principles in the resolution of social and public policy issues.  Our efforts are geared toward this very goal and we appreciate your consideration of financial support.

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Contact the Free Market Institute

Physical Address Mailing Address Phone, Fax and Email
TTU Plaza Free Market Institute P. 806.742.7138
1901 University Ave. Texas Tech University F. 806.742.1854
Suite 308 Box 45059 E. free.market@ttu.edu
Lubbock, TX 79410 Lubbock, TX 79409-5059  


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