About Us

The Institute for the Study of Free Enterprise is dedicated to understanding the role that markets play in the economy and in society. The Institute’s mission is to generate intellectually rigorous research and an open dialogue to discover and understand how free enterprise affects peoples’ lives and the well-being of society.

Annual Report

ISFE 2019-2020 Annual Report

Our Next Event

Faculty Research Day
Summer Grant Awardees will be Presenting their Research Findings

April 16, 2021
1:00pm to 4:00pm

Hybrid - Gatton B&E: 299

Current Research

Did COVID-19 Change Life Insurance Offerings?

Timothy F. Harris, Aaron Yelowitz, Charles Courtemanche

Click here for the summary

Targeting Intensive Job Assistance to Ex-Offenders by the Nature of Offense: Results from a Randomized Control Trial

Christopher R. Bollinger, Aaron Yelowitz

Abstract: As many as two-thirds of newly-released inmates will be arrested for a new offense within three years. This study evaluates the impact of job assistance on recidivism rates among ex-offenders.

In the News

The research paper by Chuck Courtemanche, Aaron Yelowitz, & Joe Benitez, about disparities in COVID-19 cases is cited in this article featured on The Hill

The paper about social distancing & lockdowns, by Chuck Courtemanche & Aaron Yelowitz, is mentioned in this Vox article.

Gatton College of Business and Economics students Ben Davison, Jaclyn Fischesser, Luke Schlake, Wyatt Flick, and Caleb Buckman triumphed in the 2021 Econ Games  -  an annual data competition co-founded by Dr. Abdullah Al-Bahrani (Northern Kentucky University) and Dr. Darshak Patel (University of Kentucky). 


This years Econ Games was funded by The Institute for the Study of Free Enterprise.

A round of applause to ISFE affiliate, Darshak Patel for receiving the 2020 Outstanding Professor Award from UKY Greek for his contributions to the growth and development of University of Kentucky students!

ISFE is glad to be partnered with Northern Kentucky University’s Center for Economic Education to expand the Danny Dollar Academy program’s reach and cover the cost of educator professional development. Be sure to check it out!

Most Recent Video

Coronavirus Economics #7: New study shows government restrictions are stopping COVID-19.

Dr. Charles Courtemanche explains his latest study published in the Health Affairs journal about the effect of stay-at-home orders, business closures and other government measures in the spread of COVID-19.