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  • The United States of America: Land of Overregulation?

    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 … More

    Follow Reagan's Footsteps; Renew Our Commitment to Economic Freedom

    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 … More

    Index of Economic Freedom: A Practical Guide on How to Achieve Long-Term Prosperity

    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 … More

    Economic Freedom: Key to the 50 States’ Economic Recovery

    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 … More

    “Freedom Cannot Be Denied”

    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 … More

    KORUS Trade Pact Keeps Pressure on North Korea

    By further cementing the positive relationship between South Korea and the United States, the pending South Korea–United States (KORUS) free trade agreement will further weaken the oppressive North Korean regime’s strategic position and help disabuse the regime’s leaders of any hopes they might have had of flagging U.S. support for … More

    Is the Democratic Blockade of Trade Really Over?

    This time about three years ago, a California Democrat exercised legislative power to do something unprecedented in America’s international trade policymaking. Effectively ending more than five decades of bipartisan consensus on trade policy, on April 10, 2008, then-House Speaker Nancy Pelosi and her like-minded colleagues unilaterally and irresponsibly amended House … More

    The Celtic Tiger Is Not Extinct

    Ireland’s general election last Friday demonstrated, among other things, that Irish voters have been frustrated by the partial takeover of the country’s economic sovereignty by the European Union and the International Monetary Fund, and by calls to unwind some of the positive economic reforms of the past. Rejecting a major change … More

    State Spending Cuts Are Key Part of Brightening Our Fiscal Future

    A considerable volume of cross-country analysis has found no positive impact on economic growth from more government spending. Many studies (see here and here, for example) find that government spending actually hurts growth. A recent study by The Heritage Foundation and The Wall Street Journal of economic recovery following the … More

    Time of Reckoning Has Arrived

    The spread of economic freedom, reinforced by innovative ideas and entrepreneurial activities, has created forceful dynamics that generate greater economic opportunity and prosperity on an unprecedented scale in many parts of the globe. Unfortunately, the revolution has largely left the Middle East and North Africa behind. In the absence of … More