Some prominent left-wing commentators have devoted weekly columns and blogs to the notion that Great Britain has misguidedly pursued harsh spending “austerity” and that doing so has left the country lingering in unnecessary anguish. In the opinion pages of The New York Times, Paul Krugman inveighs that: Britain, in particular, …
Did World War II spending boost economic growth? Although some statistics appear to affirm this, wiser historical analysis demonstrates that artificial increases in output during the war masked a debilitated private economy. Meaningful growth increased after the war, when free-market mechanisms returned and marginal tax rates were reduced. Gross national …
Be sure to listen to our Heritage Libertad Radio Show. Click here to listen in Spanish. Click here to listen in English. The Spanish segment kicks off with a discussion of Iranian President Ahmadinejad’s recent trip to South America. We continue with an interview with Heritage expert Jim Roberts, to …
With economic issues dominating the domestic political agenda and much of our foreign policy focused on combating terrorism, systematic violations of political and religious rights by some of the world’s most tyrannical regimes receive less attention than perhaps they should. Rep. Frank Wolf, a Republican representing Virginia’s 5th District, is …
In this week’s Heritage in Focus, Heritage’s Kim Holmes, co-author of the annual Index of Economic Freedom, discusses this year’s index. Click here to listen. How does the U.S. rank in economic freedom this year? How does economic freedom fare worldwide? Is there any big surprise in this year’s index? …
In this week’s Heritage in Focus, economist Bill Beach discusses 2011′s economic misteps and how to readjust economic principles to guide policy in 2012. Click here to listen. What is the fundamental economic concept that led to so many policy mistakes? What’s the proper concept to guide policy moving forward? …
In a weak economy, the government should not erect barriers to hiring. But two government policies have hindered the already slow recovery: increases in the minimum wage and government unionization. Eliminating these policies would not be enough to spur a robust recovery—the cause of our current economic weakness goes far …
Be sure to listen to Matt Spalding discuss the history and importance of Christmas in America. Tune in here! How did early Americans celebrate Christmas? Since Christmas is also a time of giving, what are traditional ways Americans have done so? Is there a particular story about Christmas from the …