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  • America’s Next Trade Chief Should Focus on Promoting Greater Trade Freedom

    Senator Max Baucus (D–MT), chairman of Senate Finance Committee, urged strong and unrelenting political leadership in pursuing a comprehensive free trade pact between the U.S. and the European Union. He highlighted the importance of choosing an effective and experienced leader as America’s next trade czar in his recent Financial Times … More

    America’s Double Jeopardy: Surging Debt and Waning Economic Freedom

    A new study on public debt presented at the recent University of Chicago Booth School of Business monetary policy forum in New York has highlighted “tipping point dynamics” that can occur to countries with high debt loads. The study entitled, Crunch Time: Fiscal Crises and the Role of Monetary Policy, … More

    Kosovo’s Independence Welcome, but Work Still to Be Done

    Republic of Kosovo’s Prime Minister Hashim Thaci, in his February 17 speech commemorating the 5th anniversary of the country’s independence, expressed pride in his country’s visible accomplishments, but noted appropriately his awareness that “we need to do much more.” Indeed. Despite notable reforms since independence, the foundations of economic freedom … More

    Reagan’s Legacy: Economic Freedom

    In his January speech, the President spoke eloquently: “One of the greatest contributions the United States can make to the world is to promote freedom as the key to economic growth. A creative, competitive America is the answer to a changing world, not trade wars that would close doors, create … More

    Economic Freedom in Europe: Changing of the Guard

    According to the 2013 Index of Economic Freedom, just released by The Heritage Foundation and The Wall Street Journal, a significant realignment of European countries is underway. Eight countries recorded their highest economic freedom scores ever in the 2013 Index, while five others have scores equal to or below their … More

    Fiscal Cliff Threatens America's Economic Freedom

    The clock is ticking. Massive tax hikes are threatening to push America’s already declining economic freedom over the “fiscal cliff,” a politician-made economic catastrophe. President Obama’s proposal to avert the fiscal cliff is a $1.6 trillion tax hike plus new stimulus spending, along with expanded power for himself to raise … More

    America's Regulatory Competiveness Continues to Lag

    According to the World Bank’s just-released Doing Business 2013—which looks into various reform measures to rank 185 economies on the ease of doing business—the United States continues to trail Singapore, Hong Kong, and New Zealand. The only surprise is that the U.S. didn’t drop further in the rankings. According to … More

    CHART: Banking on the Private Sector

    In his October 1 speech to the 45th Annual Meeting of the Association of American Chambers of Commerce in Latin America, World Bank President Jim Yong Kim made his pitch to (re)assure private business leaders that he is serious about private-sector-driven economic growth and development. In a rather confessional tone, … More

    U.S. Foreign Policy Should Advance Economic Freedom

    In his recent commentary, Congressman Devin Nunes (R–CA) penned a bold foreign policy idea that is based on advancing economic freedom: It’s time to try a new approach to foreign policy—creating an alliance of free-trading nations.… This alliance of free-trading nations will welcome any nation that wants close relations with … More

    Time to Restore America's Rule of Law

    In his recent Wall Street Journal op-ed, Professor David Skeel of the University of Pennsylvania Law School pointed out: No one doubts that the coming election will be the most important referendum on the size and nature of government in a generation. But another issue is nearly as important and … More