Texas Tech University

Free Market Institute

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For more information, visit the FMI Upcoming Events page.

FMI Ph.D. Fellowship

The Free Market Institute provides financial support to Ph.D. students interested in scholarly and academic careers. Students enrolled in or admitted to the Ph.D. program in either the Department of Agricultural and Applied Economics or the Department of Political Science at Texas Tech University are eligible to apply for consideration of funding.

The Free Market Institute is currently accepting applications for the 2025-26 academic year (beginning September 2025). The priority application deadline is Saturday, February 1, 2025. For more information, visit the FMI Ph.D. Fellowship page.

FMI Welcomes a New Assistant Director at Angelo State

The Free Market Institute is pleased to welcome back Raymond March as a faculty member for the start of the 2024-25 academic year. Ray earned his Ph.D. from Texas Tech in 2017, working with Institute faculty member Adam Martin as his dissertation advisor. Ray will serve as assistant director for Institute programming and assistant professor of economics at Angelo State University. He will also serve as a research assistant professor at Texas Tech, contributing to the Institute's research mission and graduate education programs.

Raymond March, Assistant Director and Research Assistant Professor

FMI 2023-24 Annual Report

The Free Market Institute is pleased to share a report on its programs and activities for the 2023-24 academic year. Institute faculty and Ph.D. Fellows continue their independent and collaborative research efforts. The Institute launched a new program for its Ph.D. Fellows aimed at supplementing their graduate training. The Institute also continued its outreach to undergraduate students at both Texas Tech and Angelo State and to the local communities in Lubbock and San Angelo.

To learn more about these efforts and other highlights from the last year, please view the full report here:
Free Market Institute 2023-24 Annual Report.

Free Market Institute 2023-24 Annual Report

FMI Research Paper Series

The Free Market Institute Research Paper Series is hosted on the Social Science Research Network (SSRN). The series includes working research papers authored by faculty, staff, and graduate students affiliated with the Institute.

To view the current papers and subscribe to the quarterly eJournal, please visit the following page:
Free Market Institute Research Paper Series.

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2023-24 Annual Report

FMI 2023-24 Annual Report

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