Despite mounting state budget crises and growing public discontent with government unions, the House of Representatives added the Public Safety Employer-Employee Cooperation Act to the Afghanistan war spending bill. What does this bill have to do with the war or public safety? Nothing. The bill would be more accurately named …
Seven of the eight economies ranked most free in the Index of Economic Freedom were once British colonies or trade posts. It’s no coincidence. Political institutions developed by the British such as representative democracy and rule of law provide a vital base for economic freedom. Yet the U.K. no longer …
Venezuela’s populist authoritarian President continues to battle a slumping economy, high inflation and faltering popular approval ratings. With the national oil company (PDVSA) the chief lifeline of his regime, Chavez will literally beg, borrow or steal to keep pumping oil. Chavez’s nationalization mania took off in earnest in 2007. Last year, …
This Sunday, our nation will celebrate Independence Day, which commemorates the Continental Congress’ adoption of the Declaration of Independence on July 4, 1776. Thomas Jefferson’s Declaration preamble reads: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain …
