Making Our Economy Right (MOER) is a

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 o ...

think tank in

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

. Headquartered in

Dhaka Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city ...

, 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 and a contributing editor with ''National Review Online''. A native of Los Angeles, Murdock lives in New York City. A first-generation American, his parents were born in Costa Rica. ...

, an American

libertarian Libertarianism (from french: libertaire, "libertarian"; from la, libertas, "freedom") is a political philosophy that upholds liberty as a core value. Libertarians seek to maximize autonomy and political freedom, and minimize the state's e ...

syndicated columnist for the

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

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

dictatorships A dictatorship is a form of government which is characterized by a leader, or a group of leaders, which holds governmental powers with few to no limitations on them. The leader of a dictatorship is called a dictator. Politics in a dictatorship are ...

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. The Fa ...

, which was the basis of

Bangladesh's economy The economy of Bangladesh is a major economy of South Asia and a developing market economy. — — —Siddiqi, Dina M. “Miracle Worker or Womanmachine? Tracking (Trans)National Realities in Bangladeshi Factories.” Economic and Political ...

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 the exercise of one's goals and desires and to value independence and self-relianc ...

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 think tank based in the City of London, founded 1971, and closed in September 2011. It was a non-partisan, non-profit organization, but critics said it was a "corporate-funded campaigning group". IPN ...

(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; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, economic ...

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 m ...

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 the ...

, 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 ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics award administered ...

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