Mercatus Center
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| Founder(s) | Richard H. Fink |
|---|---|
| Established | 1980 |
| Director | Tyler Cowen |
| Budget | Revenue: $23,977,583 Expenses: $19,205,513 (FYE August 2015) |
| Formerly called | Center for the Study of Market Processes |
| Coordinates | 38°53′09″N 77°06′06″W / 38.8857°N 77.1018°WCoordinates: 38°53′09″N 77°06′06″W / 38.8857°N 77.1018°W |
| Address |
3434 Washington Blvd., 4th Floor Arlington, Virginia 22201 |
| Website | www.mercatus.org |
3434 Washington Blvd., 4th Floor
The Mercatus Center at George Mason University is an American non-profit free-market-oriented research, education, and outreach think tank directed by Tyler Cowen. It works with policy experts, lobbyists, and government officials to connect academic learning and real-world practice. Taking its name from the Latin word for "markets", the Center advocates free-market approaches to public policy. During the George W. Bush administration's campaign to reduce government regulation, the Wall Street Journal reported, "14 of the 23 rules the White House chose for its "hit list" to eliminate or modify were Mercatus entries."
According to the 2014 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), Mercatus is number 44 (of 60) in the "Top Think Tanks in the United States" and number 19 (of 45) of the "Best University Affiliated Think Tanks".
The Mercatus Center was founded by Rich Fink as the Center for the Study of Market Processes at Rutgers University. After the Koch family gave more than $30 million to George Mason University, the Center moved there in the mid-1980s. It took its current name in 1999.
The Mercatus Center is a 501(c)3 non-profit and does not receive support from George Mason University or any federal, state or local governments. It is entirely funded through donations, including corporate donations from Koch Industries and ExxonMobil. In 2011, 58% of its funding came from foundations, 40% from individuals, and 2% from businesses.
The organization describes itself as "the world’s premier university source for market-oriented ideas" and says it aims to bridge "the gap between academic ideas and real-world problems." By advancing knowledge about how markets can work to improve lives and individual freedoms, by training graduate students, conducting research, and applying economic principles, they hope to offer solutions to society's most pressing problems.
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