Economic freedom boosts job growth, as the Heritage Foundation’s 2010 Index of Economic Freedom empirically demonstrates. Now, there is more evidence in a state-level study just released by the Federal Reserve Bank of St. Louis, “Economic Freedom and Employment Growth in the U.S. States.” According to the Fed research, “states …
In his latest article in Foreign Affairs, Carl J. Schramm, president and CEO of the Ewing Marion Kauffman Foundation, calls for “expeditionary economics” a new strategy for reconstructing economies of post-conflict countries. Pointing out that the current U.S. Army Stability Operations field manual “epitomizes the central-planning mindset that prevails in …
Richard Florida, who is the author of “The Rise of Creative Class,” posed the following vital questions in his recent article “Free, Tolerant, and Happy” in The Atlantic: To what extent is economic freedom associated with tolerance and happiness? Are freer nations also more tolerant? Are their residents happier than …
Professor Stephen Bainbridge, who is the William D. Warren Professor of Law at UCLA, shares the following insight on economic freedom: I’m happy to acknowledge that the free market economy has produced profound blessings. But I’m not willing to swap my birthright of economic freedom for a “PDA” (how technologically …
An April 12 article in the Washington Post poses a timely question concerning one of our longtime friends: “In a world of dangerously failed states and willful challengers to American leadership, South Korea is an astoundingly successful democracy that wants to be friends. But will America say yes?” At the …
On April 6, last minute action by the Obama administration averted a near trade conflict with Brazil concerning the trade-distorting U.S. cotton subsidy programs. With the provisional deal, the U.S. avoided about $830 million in trade sanctions on over 100 American exports targeted by Brazil. Those retaliatory tariffs would have …
The Kyrgyz Republic, host to a strategic U.S. airbase at the Manas airport, is in political turmoil triggered, at least on the surface, by government-mandated price hikes in fuel, electricity, and mobile phone rates. The landlocked economy is one of the poorest of the former Soviet Union, and the economy’s …
In her March 30 speech at the opening ceremony of the National Model U.N., Ambassador Susan E. Rice, U.S. Permanent Representative to the United Nations, pointed out that: Important as the United Nations is as a vehicle to promote global security, foster broad-based development, and advance collective interests, the UN …
While we are moving into spring, North Korean leaders have decided to stay out in the cold of economic isolationism. In a move sure to solidify its position in the Heritage Foundation’s Index of Economic Freedom, North Korea signaled April 1 that it would gradually terminate its experiment with free …
Early this year, the 2010 Index of Economic Freedom, the Heritage Foundation’s data driven policy guide, reported that our economy is no longer in the top tier of economically free countries. Worse, still, we slipped behind our northern neighbor Canada for the first time in the Index history. This disappointing …
