Making Our Economy Right

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Making Our Economy Right
Established1991 [1] [2]
DirectorNizam Ahmad [2] [3]
BudgetUS$3,000 to US$5,000 [2]
AddressHouse 2-A, Block NE (G), Road 84, Gulshan – 2, Dhaka 1212, Bangladesh [4]
Location
Dhaka, Bangladesh [5]

Making Our Economy Right (MOER) is a free market think tank in Bangladesh. [1] [2] [6] Headquartered in Dhaka, [5] the institute was established in 1991 by Nizam Ahmad. [2] MOER is sponsored by the Atlas Foundation in the United States. [7] Deroy Murdock, an American libertarian syndicated columnist for the Scripps Howard News Service, is an advisory board member of MOER. [8]

As a result of dictatorships [2] and Fabian socialism, which was the basis of Bangladesh's economy [1] for more than 50 years, [1] [2] the concept of individual freedom and free markets is at a rudimentary stage in the country. [1] 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. [2]

The annual budget of MOER is US$3,000 to US$5,000. [2] Staff of the institute publish articles advocating free market and libertarianism in national newspapers. [1] [9] MOER has published books both in Bengali and in English languages for free distribution to libraries with the help of the International Policy Network (IPN) headquartered in London. [1] The think tank has published Bengali translation of classical liberal and libertarian works including The Law by French economist Claude Frédéric Bastiat [5] [9] and publications of libertarian think tanks in the west. [9] MOER also moderates a weekly radio broadcast advocating liberalisation of Bangladesh's economy. In 2002 [10] 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, Chicago School economist and recipient of the Nobel Memorial Prize in Economics. [1] [11]

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References

  1. 1 2 3 4 5 6 7 8 "Member Institutes: Making Our Economy Right (MOER)". Economic Freedom Network, Fraser Institute. 2008. Retrieved 8 January 2010.
  2. 1 2 3 4 5 6 7 8 9 "Teaching Free Markets in Bangladesh" (PDF). Highlights. Fairfax, Virginia: Atlas Economic Research Foundation. Spring 2001. p. 1. Retrieved 8 January 2010.
  3. ↑ Nizam Ahmad (5 January 2005). "Political Dynasty: The Politics of South Asia". Digital Freedom Network. Archived from the original on 7 June 2009. Retrieved 9 January 2010.
  4. ↑ "Making Our Economy Right (MOER)". Global Development Network . Retrieved 8 January 2010.
  5. 1 2 3 "New Translations" (PDF). Highlights. Fairfax, Virginia: Atlas Economic Research Foundation. Winter 2000. p. 2. Retrieved 8 January 2010.
  6. ↑ Alam Tipu, Manzur (2003). "Some Comments on Economic Freedom in Bangladesh" (PDF). Fraser Forum. Vancouver: Fraser Institute (November 2003): 20. Retrieved 9 January 2010.
  7. ↑ Borden, Karl (2001). "Bangladesh". The Colgate Scene. Hamilton, New York: Colgate University. XXIX (January 2001). Retrieved 9 January 2010.
  8. ↑ "Deroy Murdock". National Review Online . New York City. 2010. Archived from the original on 1 March 2010. Retrieved 9 January 2010.
  9. 1 2 3 "Teaching Free Markets in Bangladesh" (PDF). Highlights. Fairfax, Virginia: Atlas Economic Research Foundation. Spring 2009. p. 6. Retrieved 8 January 2010.
  10. ↑ "Clamoring for Free Market Freedom in Bangladesh". SearchWorks. Stanford University . Retrieved 9 January 2010.
  11. ↑ "Institute Publications" (PDF). Highlights. Fairfax, Virginia: Atlas Economic Research Foundation. Spring 2002. p. 9. Retrieved 9 January 2010.
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