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Independent Institute

The Independent Institute is an American libertarian think tank founded in 1986 by David J. Theroux and based in Oakland, California. The institute has more than 140 research fellows and is organized into seven centers addressing a range of political, social, economic, legal, environmental, and foreign policy issues. The Independent Institute publishes books, reports, blogs, podcasts, and the quarterly scholarly journal The Independent Review.

The think tank was originally established in San Francisco, was re-located in 1989 to Oakland, and since 2006 has had an office in Washington, D.C. According to the 2020 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), the institute is ranked number 42 (of 110) in the "Top Think Tanks in the United States".

Since 1996, the institute has published the quarterly scholarly journal The Independent Review, whose founding editor and editor at large is the economist and historian Robert Higgs, and co-editors are Christopher Coyne, Michael Munger, and Robert Whaples.

The institute conducts various conference programs. The institute's Independent Policy Forum has included seminars by individuals including James M. Buchanan and Gore Vidal.

Its program in criminal justice sponsored a series of televised debates on PBS-TV, Stopping Violent Crime: New Directions for Reduction and Prevention, moderated by Harvard law professor Arthur R. Miller, former U.S. Attorney General Richard Thornburgh, federal judge David Sentelle, civil libertarian writer Wendy Kaminer, and others.

In 2006, the institute opened an office in Washington and expanded its media program, including a weekly column by Senior Fellow Álvaro Vargas Llosa in the Washington Post. In 2006 the institute released an Open Letter on Immigration.

The institute's stated mission is "to boldly advance peaceful, prosperous, and free societies, grounded in a commitment to human worth and dignity."

The institute maintains MyGovCost.org, which focuses on the critical analysis of fiscal policy and government waste. It includes a calculator described as enabling Americans to estimate their lifetime federal tax liability and the hypothetical alternative investment return.

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