Making Our Economy Right (MOER) is a

free market In economics, a free market is an economic market (economics), 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 ...

think tank in

Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by ...

. Headquartered in

Dhaka Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list o ...

, the institute was established in 1991 by Nizam Ahmad. MOER is sponsored by the Atlas Foundation in the United States.

Deroy Murdock Deroy Murdock (born 1963) is an American political commentator, a contributing editor with '' National Review Online'', an emeritus media fellow of the Hoover Institution at Stanford University, and member of the Council on Foreign Relations. A ...

, an American

libertarian Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according ...

syndicated columnist for the

Scripps Howard News Service The E. W. Scripps Company, also known as Scripps, is an American broadcasting company founded in 1878 as a chain of daily newspapers by E. W. Scripps, Edward Willis "E. W." Scripps and his sister, Ellen Browning Scripps. It was also formerly a ...

, is an advisory board member of MOER. As a result of

dictatorships A dictatorship is an autocratic form of government which is characterized by a leader, or a group of leaders, who hold governmental powers with few to no limitations. Politics in a dictatorship are controlled by a dictator, and they are facili ...

and

Fabian socialism The Fabian Society () is a British socialist organisation whose purpose is to advance the principles of social democracy and democratic socialism via gradualist and reformist effort in democracies, rather than by revolutionary overthrow. Th ...

, which was the basis of Bangladesh's economy for more than 50 years, the concept of

individual freedom Individualism is the moral stance, political philosophy, ideology, and social outlook that emphasizes the intrinsic worth of the individual. Individualists promote realizing one's goals and desires, valuing independence and self-reliance, and ad ...

and free markets is at a rudimentary stage in the country. For this reason, Bangladesh's topmost economists, politicians, businesspeople, and journalists who previously encouraged MOER's work gradually became sceptical of the idea of free markets. Consequently, the theory of free markets advocated by MOER is considered extreme in Bangladesh and the institute has not gained widespread support. Its support base is those people who philosophically believe in individual liberty and personal choice. Much of the work of MOER soon after its establishment focused on spreading the idea of individual freedom, which was almost unknown in the nation. The annual budget of MOER is US$3,000 to US$5,000. Staff of the institute publish articles advocating free market and libertarianism in national newspapers. MOER has published books both in

Bengali Bengali or Bengalee, or Bengalese may refer to: *something of, from, or related to Bengal, a large region in South Asia * Bengalis, an ethnic and linguistic group of the region * Bengali language, the language they speak ** Bengali alphabet, the w ...

and in English languages for free distribution to libraries with the help of the

International Policy Network The International Policy Network (IPN) was a neoliberal think tank based in the City of London, founded 1971, and closed in September 2011. The think tank said it was a non-partisan, non-profit organization, although critics argued that it was ...

(IPN) headquartered in London. The think tank has published Bengali translation of

classical liberal Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited government, eco ...

and libertarian works including '' The Law'' by French economist Claude Frédéric Bastiat and publications of libertarian think tanks in the west. MOER also moderates a weekly radio broadcast advocating

liberalisation Liberalization or liberalisation (British English) is a broad term that refers to the practice of making laws, systems, or opinions less severe, usually in the sense of eliminating certain government regulations or restrictions. The term is used ...

of Bangladesh's economy. In 2002 MOER published the book ''Clamoring for Free Market Freedom in Bangladesh'' which is a compilation of essays by its founder Nizam Ahmad. It is the fourth book published by the institute and has a foreword by

Milton Friedman Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and ...

, Chicago School economist and recipient of the

Nobel Memorial Prize in Economics The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (), commonly referred to as the Nobel Prize in Economics(), is an award in the field of economic sciences adminis ...

References

{{reflist Libertarian think tanks Think tanks established in 1991 Think tanks based in Bangladesh Libertarianism in Asia 1991 establishments in Bangladesh

See also

References