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    Morning Bell: The Ugly Facts About the Internet Sales Tax

    The Internet sales tax passed the Senate, but a growing chorus is pointing out that it would hurt many to help the tax man. The Senate passed the misleadingly named Marketplace Fairness Act last week by a vote of 69-27. But House Speaker John Boehner (R-OH) said that he is … More

    How Do Nations Succeed? With Economic Freedom

    It’s often easy to forget where we’ve been on the journey to where we’re going. In America, the foundation of our society and the source of our wealth and prosperity are firmly rooted in the principles of economic freedom. Markets are the most powerful force in the world for defeating … More

    Electric Cars and Crony Federalism

    Competition is good—but only when it encourages a “race to the top.” That’s true in business and among the states as well. Competition can encourage policy innovation. For example, Pennsylvania carefully (but reasonably) regulates hydraulic fracturing, and it is reaping the benefits as companies create jobs by safely extracting oil … More

    Economic Freedom Key to Unlocking a Prosperous Arab Future

    In the latest issue of the journal Democracy, Michael Wahid Hanna identifies Seven Pillars of the Arab Future. First on his list: economic growth and equality. Among the troubling Middle East economic indicators highlighted by Hanna are low economic growth, inequality, and high unemployment, especially for youth. He identifies five … More

    Unsweetening Cronyism

    The law of supply and demand cannot be revoked. But it is being amended slightly, and we’re all paying the price. In this case, for sugar. Last year produced a bumper crop of sugar beets, which are refined (as their name would suggest) into sugar. Meanwhile, Americans have been using … More

    Making Death Cost Less

    Some people bury themselves in their work. At Saint Joseph Abbey in southern Louisiana, burying is the work. Monks at Saint Joseph make inexpensive caskets—and would like to sell their handiwork to people who don’t want to throw money away on an item that’s just going to end up six … More

    DOE Sitting on Taxpayer Dollars Due to Negative Publicity

    Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs (which offer taxpayer dollars to government-approved companies) has tampered with applications, according to a new Government Accountability Office (GAO) report. More than $51 billion in … 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

    Morning Bell: Fighting Government Cronyism with an Opportunity Agenda

    Would you like a raise? For some workers, cronyism prevents receiving raises in pay. In early 2011, a Giant Eagle supermarket in Edinboro, Pennsylvania, wanted to give wage increases and higher starting wages to 25 employees. But a union wouldn’t let it do so. Why would a union object to … More

    Feds Investigate Stimulus-Backed Solar Companies With Political Ties

    Three solar companies are under investigation for potentially inflating costs in order to draw down more money from a stimulus-funded loan program. All three boast investors with significant ties to the Obama White House. The Treasury Department has subpoenaed Solar City, SunRun, and Sungevity, The Washington Post reports, seeking to … More