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  • economic freedom

    The State of Economic Freedom in Asia

    Asia is home to some of the economically freest and least free nations in the world, according to the recently released Index of Economic Freedom. The Index, published yearly by The Heritage Foundation and The Wall Street Journal, surveys 186 countries and gives each country a score based on 10 … More

    Puerto Rico: America’s Greece

    Pop quiz: Which economy has high unemployment, soaring debt, and beautiful beaches? If you answered Greece, you wouldn’t be wrong. But the answer is America’s own little Greece: Puerto Rico, whose bond investors met last week in New York to discuss a potential debt restructuring. As the U.S. recovery has … More

    Economic Freedom in Japan: A Lot of Work Ahead

    This year marks the 20th anniversary of The Heritage Foundation’s Index of Economic Freedom. While Japan has dropped in its ranking in the Index of Economic Freedom, from 24th in 2013 to 25th in 2014, it still has a positive growth in economic freedom, allowing it to hold on to … More

    Taiwan: The Connection Between Economic Performance and Security

    This year marks the 20th anniversary of The Heritage Foundation/Wall Street Journal’s Index of Economic Freedom. It also marks the 35th year of a piece of legislation near and dear to the mission of The Heritage Foundation—the Taiwan Relations Act. Taiwan last year had one of the largest increases in … More

    More Trade, Please

    Some vocal critics of Trade Promotion Authority (TPA), which authorizes the President to negotiate trade agreements with other countries, argue that free trade harms U.S. workers. Economic experts disagree. In 2006, 87.5 percent of respondents to a survey of 210 PhD members of the American Economic Association agreed that the … More

    2014 Index of Economic Freedom: Five Points You Should Know

    The 20th anniversary edition of the Index of Economic Freedom, published jointly by The Heritage Foundation and The Wall Street Journal, was released on January 14, 2014 in Hong Kong and Washington, DC. Here are five key points you should take away. The 2014 Index, our 20th anniversary edition, shows … More

    Rand Paul Speaks on U.S. Decline in Economic Freedom

    This year, the United States continued to lose ground to its competitors in the global race to advance economic freedom and prosperity. Senator Rand Paul (R-KY) visits Heritage today at 11 a.m. ET to address the decline, which has occurred mostly on President Obama’s watch. The U.S. score has declined … More

    This Is Not a Ranking We Should Be Proud Of

    Would you want to live in a country that is losing freedom? How about a country that has lost ground in property rights and become more corrupt? If you’re an American, you’re living there. The 20th anniversary edition of the Index of Economic Freedom reveals that the United States has … More

    Murder of Beauty Queen Highlights Violence in Venezuela

    Over the holiday, beauty queen Monica Spears and her husband were gunned down while visiting her home country of Venezuela. The couple was traveling with their five-year-old daughter when their car broke down. As they waited for help, armed robbers assaulted the family. While the child survived with only a … More

    In Cristina Kirchner’s Argentina, Christmas Shoppers Are Muscled Aside by Looters

    Earlier this month, widespread looting broke out in “at least 19 of Argentina’s 23 provinces” when mobs took advantage of strikes by police demanding pay raises to match inflation” by “shattering glass doors and stealing everything from mattresses and mobile phones to prams and beer,” according to news reports in … More