On their respective blogs, economists Mike Konczal and Paul Krugman criticize the widely cited finding that a nation’s debt above 90 percent of its gross domestic product (GDP) slows economic growth. They presume that the limitations of one study by Carmen Reinhart and Kenneth Rogoff mean that its warning can …
President Obama recently unveiled his plan for expanding early education, which includes expanding federal funding for public preschool and boosting Head Start funding. According to the President, government-funded preschool is the way for students to achieve academic success. Sadly, Obama’s claims are founded on weak evidence. Government-funded preschool programs show …
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 …
Shouldn’t American foreign aid be aimed at nations that promote and support the initiatives and priorities of the United States in the United Nations? This is the focus of The Heritage Foundation’s recent Issue Brief titled “U.N. General Assembly: Foreign Aid Recipients Vote Against the U.S.” As authors Brett Schaefer …
Tim Westergren discovered a need everyone shares, and he applied his creativity and innovation through entrepreneurship to meet that need. That’s the message Westergren delivered when he sat down with Heritage’s Jackie Anderson and spoke to The Bloggers Briefing to discuss how he founded his visionary company, Pandora Radio, that …
The Chinese yesterday announced new defense and internal security budgets. In keeping with the average double-digit annual increases of the past 20 years, Chinese military spending will rise by 10.7 percent. These consistent massive increases, announced ahead of the 12th National People’s Congress—the world’s largest parliament—have allowed Chinese military modernization …
North Carolina’s congressional delegation has been among the most protectionist in the country. This is odd, considering that record levels of trade are creating well-paid jobs for many citizens of the state. North Carolina merchandise exports rose to nearly $29 billion in 2012, up 6 percent over the prior year …
This week, the House of Representatives passed its Continuing Resolution (CR) which provides funding for primarily the Department of Defense until the end of this fiscal year. Congress missed the opportunity to reprogram cuts from sequestration or cut even further. It also failed to address sequestration’s serious impact on military …
