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    Risky Business in Emerging Markets

    Emerging markets have been taking a beating in 2014. As money rushes out of these economies and currencies depreciate, central banks in Turkey, South Africa, and Brazil have been forced to intervene. Much of the diagnosis for emerging-market troubles has been focused on the U.S. Federal Reserve’s taper. The argument … More

    Index of Economic Freedom in Action During a Senate Budget Committee Hearing

    Senator Jeff Sessions (R–AL) recently asked David Rosenberg, chief economist at a Canada-based global wealth management firm, at a Senate committee hearing: Mr. Rosenberg, according to the 2014 Index of Economic Freedom, Canada is more economically free than the United States.… Would you say that [the progress Canada] has made … More

    Sri Lanka: Most Economically Free South Asian Nation

    Sri Lanka has maintained its position as the most economically free nation in South Asia, according to the 2014 Index of Economic Freedom. The country has a sustained annual growth rate of 6 percent since 2010 and continues to pursue economic reforms and liberalization. Despite a dip in its global … More

    The State of Our Union’s Economic Freedom: On a Startling Decline

    During his State of the Union address, President Obama laid out lots of claims, plans, and promises. No matter how much he tries to repackage his rhetoric, however, it remains clear that the state of our union’s economic freedom has become frail due to his misguided policies. According to the … More

    Protesters in Ukraine Are Demanding Economic Freedom

    The headlines coming out of Ukraine are tragic—and inspiring. Ukrainians are risking their lives and property for independence, a path to Europe, and freedom from political oppression. They are also demonstrating for economic freedom, courageously challenging a repressive government that has turned to Stalinist tactics to try to destroy them. … More

    Lack of American Leadership Leaves Ukraine out in the Cold

    Protests and unrest continue to grip Ukraine as citizens voice their strong opposition to policies pursued by President Viktor Yanukovych. These policies have drawn the nation of 45 million closer with the Russian Federation while simultaneously stifling democracy and economic freedom within the country. As Americans read and watch scenes … More

    Amid Woes, Emerging Markets Need More Economic Freedom

    Global markets are huffing and puffing and trying to blow the BRICs down. Some of the BRICs—Brazil, India, and China in particular, along with other emerging markets such as Turkey—are feeling the pinch as their economies weaken and currencies slide. This week, central bankers from Turkey and Brazil are considering … More

    Economic Freedom Improves Quality of Life, Well-being of Society, Environment

    Nations with greater levels of economic freedom also have higher literacy rates and test scores, lower infant mortality rates, longer life expectancy, greater access to clean water and sanitation, and greater environmental health, according to research discussed by a panel Monday at The Heritage Foundation. Donald Boudreaux, Professor of Economics … More

    U.S. Could Learn From Hong Kong About Economic Freedom

    My previous column focused on why the United States is no longer among the top 10 nations listed in the annual “Index of Economic Freedom.” It’s important to put this in a larger context and explain why it matters. The freest societies in history have always been the most prosperous. … More

    You Can’t Have Income Equality Without Economic Freedom

    For all of the ideas President Barack Obama will likely mention in the course of this election year on ways to reduce income inequality, don’t expect for him to mention the one that has actually been proven empirically to work: jobs. This sweeping pronouncement is hard to refute after reading … More