The James Madison Institute (JMI) is a libertarian

free market In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any ot ...

American

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmenta ...

headquartered in

Tallahassee, Florida Tallahassee ( ) is the capital city of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2020, the populatio ...

in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

. It is a member of the

State Policy Network The State Policy Network (SPN) is a nonprofit organization that serves as a network for conservative and libertarian think tanks focusing on state-level policy in the United States. The network serves as a public policy clearinghouse and advises ...

. The organization's stated mission is "to keep the citizens of Florida informed about their government and to shape our state’s future through the advancement of practical free-market ideas on public policy issues."

History

JMI was founded in

in 1987 by J. Stanley Marshall, a former president of Florida State University. The institute is named after

James Madison James Madison Jr. (March 16, 1751June 28, 1836) was an American statesman, diplomat, and Founding Father. He served as the fourth president of the United States from 1809 to 1817. Madison is hailed as the "Father of the Constitution" for h ...

, the fourth

President of the United States The president of the United States (POTUS) is the head of state and head of government of the United States of America. The president directs the executive branch of the federal government and is the commander-in-chief of the United States ...

, third Secretary of State, author of the

U.S. Constitution The Constitution of the United States is the supreme law of the United States of America. It superseded the Articles of Confederation, the nation's first constitution, in 1789. Originally comprising seven articles, it delineates the nation ...

, and co-author of ''

The Federalist Papers ''The Federalist Papers'' is a collection of 85 articles and essays written by Alexander Hamilton, James Madison, and John Jay under the collective pseudonym "Publius" to promote the ratification of the Constitution of the United States. The c ...

''.

Policy positions

The institute is a supporter of increased educational choice through charter schools and

school vouchers A school voucher, also called an education voucher in a voucher system, is a certificate of government funding for students at schools chosen by themselves or their parents. Funding is usually for a particular year, term, or semester. In some cou ...

. The institute believes that a cleaner environment and economic liberty are not mutually exclusive goals, and that private property rights and market incentives will encourage good stewardship. In 2015, JMI absorbed the Orlando-based Coalition for Property Rights into its Center for Property Rights. The institute believes that direct personal responsibility for health care controls costs and provides individuals with incentives to make healthy choices. JMI supports market-based, consumer-driven reforms such as health savings accounts (HSAs) as a way to improve the quality of health services and increase access to the uninsured. Various JMI studies have shown that economic growth varies inversely with tax growth and that, dollar-for-dollar, private sector activity is more productive than public sector activity. JMI supports reforms that emphasize low tax rates and less government spending. In 2015, JMI launched the Center for Economic Prosperity.

References

External links

*
EDIRC listing
(provided by RePEc)
Profile
at Charity Navigator
Organizational Profile
–

National Center for Charitable Statistics The National Center for Charitable Statistics (NCCS) is a clearing house for information about the nonprofit sector of the U.S. economy. The National Center for Charitable Statistics builds national, state, and regional databases and develops sta ...

(

Urban Institute The Urban Institute is a Washington, D.C.–based think tank that carries out economic and social policy research to "open minds, shape decisions, and offer solutions". The institute receives funding from government contracts, foundations and pr ...

) {{James Madison, state=collapsed 1987 establishments in Florida Political and economic think tanks in the United States Libertarian think tanks Libertarian organizations based in the United States