“Crazy!” A decade ago, that was the reaction to the idea of moving from Portugal to Mozambique. Now the idea seems not so crazy after all. According to a recent Financial Times article, a growing number of Portuguese—including lawyers, architects, and engineers—have chosen to head to quickly growing Mozambique in …
March 15 marked the official start of the landmark Korea–U.S. Free Trade Agreement (KORUS FTA). Yes, it’s been a long journey. Almost six years ago, Washington and Seoul announced their intention to negotiate a free-trade pact. Critics were skeptical, yet the announcement was greeted as a welcome surprise. Despite their …
Back in 2010, The Heritage Foundation’s Index of Economic Freedom first reported the shocking erosion of America’s long-cherished economic freedom. The interventionist policies put in place by the “Yes, We Can” Administration caused our nation’s economic freedom status to plunge from “free” to “mostly free.” The downward trend has continued …
The World Bank’s latest report sounds a warning on China’s future economic growth, reiterating critical recommendations concerning the Chinese economy by The Heritage Foundation’s Index of Economic Freedom. The report makes a strong case that, if China is to keep up growth rates at even half the level it has …
Echoing the findings of The Heritage Foundation’s 2012 Index of Economic Freedom, the latest edition of The Economist sums up well the current status of America’s business environment: The home of laissez-faire is being suffocated by excessive and badly written regulation.… The problem is not the rules that are self-evidently …
In his two terms in office, President Ronald Reagan gave America a powerful transfusion of his own optimism and hope. He rekindled a sense of the possible, rescuing America from defeatism and restoring our confidence and pride in this great nation. That transformation of America was possible chiefly because of …
In his recent commentary in the Financial Times, Kenneth Rogoff, a professor of economics at Harvard, made a strong case for the importance of education in heading off future crises in capitalism: Societies need to find ways to make adult education, including economic and financial literacy, far more available and …
Economic freedom, enhanced by limited government, is critical to economic dynamism and job creation, as documented in the Index of Economic Freedom, an annual cross-country policy analysis by The Heritage Foundation. The individual economies of our 50 states are no exception to that. The strongly positive linkage between economic freedom …
In his much-hyped speech on the Middle East and North Africa, President Obama made the case that “a moment of opportunity” in the region should not be lost. “Sometimes, in the course of history,” the President remarked, “the actions of ordinary citizens spark movements for change because they speak to …
