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  • Millennium Challenge Corporation Goes Off Course in Georgia

    The U.S. government’s Millennium Challenge Corporation (MCC) Board of Directors recently approved a five-year, $140 million compact with the nation of Georgia “to increase the quality of human capital by investing in science and technology education and workforce development” with an emphasis on science, technology, engineering, and math (STEM)” and … More

    Young Africans Need Economic Freedom, Not Lectures About Climate Change

    Speaking to students during his recent trip to Africa, President Obama said that “if everybody is raising living standards to the point where everybody has got a car and everybody has got air conditioning, and everybody has got a big house, well, the planet will boil over—unless we find new … More

    Heritage Analysts: What We Saw in Venezuela

    The situation encountered by Heritage analysts on the ground in Venezuela last week was of a country that has been looted and is falling apart—literally and figuratively. The once thriving nightlife of downtown Caracas is but a distant memory. These days the streets are deserted, surrendered to gangsters and narcotraffickers. … More

    Conservative Chileans Appreciated Margaret Thatcher

    The death of Margaret Thatcher received extensive media coverage in Chile, proving that the “Dama de Hierro” (“Iron Lady”) is still capable of stirring powerful emotions among Chileans—of irritation among her opponents and admiration from her supporters. Her passing occurred while Heritage economic experts were in Santiago to present results … More

    Good News! Obama’s Sequester Cuts USDOC Programs!

    As if we didn’t have enough to worry about, earlier this month an official from the U.S. Department of Commerce (USDOC) warned that many activities at USDOC—such as the activities of the USDOC’s International Trade Administration (ITA) and the U.S. Foreign Commercial Service—will have to be scaled back due to … More

    Death of Chavez Could Resurrect Economic Freedom in Venezuela

    Although Hugo Chavez just died last week in Caracas, economic freedom predeceased him in Venezuela by at least a decade. When Chavez took power in 1999, the Venezuelan economy was rated at 54 points out of 100, according to The Heritage Foundation/Wall Street Journal’s annual Index of Economic Freedom. This … More

    Stop Sending Foreign Aid to the U.S.

    If the Obama Administration is looking for places to make sequestration cuts, it can start with the Economic Development Administration (EDA). In late August 1965, less than a month after terrible riots in the Watts section of Los Angeles, Congress passed and President Lyndon Baines Johnson signed a bill establishing … More

    Declining Economic Freedom and Growing Statism: The BRICs Are Hitting the Wall

    Economist Nouriel Roubini warned late last month at the World Economic Forum that economic growth in the so-called BRIC countries (Brazil, Russia, India, and China) is at risk: Their past successes were “hyped up,” and the futures of the BRICs are at risk due to rising statism. This rising risk … More

    U.S. and EU Should Take a Firm Stand for Rule of Law in Latin America

    In 2011, Venezuelan President Hugo Chavez organized the Community of Latin American and Caribbean States (CELAC) in 2011 specifically to serve as a regional body that excludes the U.S. and Canada—one that might someday supplant the Organization of American States (OAS). News that the next Latin leader to assume CELAC’s … More

    Foreign Aid: There Are Many Ways Conservatives Can—and Should—Help the Poor

    Daniel Hannan, a member of the European Parliament and one of Great Britain’s rising conservative political stars, reminds us that the fundamental error of the left is its “elevation of motive over outcome.” This leads to development assistance policies that are at least doomed to fail and may actually increase … More