Later this month, China and 15 other nations will begin negotiations for a possible new trade agreement. This agreement, the Regional Comprehensive Economic Partnership, could encompass 28 percent of the global economy, to the benefit of all nations involved. These negotiations reflect a worldwide trend of bilateral and multilateral trade …
Meet the fictitious Smith family, whose budget woes bear a striking resemblance to those of the federal government. As this new video released by the Republican Study Committee describes, the Smith family’s problem is that they spend way beyond their means. As a result, they have racked up a hefty …
In an unprecedented fall, the U.S. dropped out of the top 10 for the first time in the 2012 Legatum Prosperity Index that was published today. The index benchmarks countries in eight categories: economy, education, entrepreneurship and opportunity, governance, health, personal freedom, safety and security, and social capital. Legatum’s latest …
Nations that embrace international trade enjoy significantly stronger economies, achieve lower rates of hunger, and maintain a better stewardship of the environment, according to new data published by Heritage for the forthcoming Index of Economic Freedom. There are, of course, other factors that contribute to such positive trends. But international …
In Monday’s foreign policy debate, Governor Mitt Romney briefly mentioned the importance of economic reform in addressing some of the problems associated with the eruption of the “Arab Spring” uprisings. The Heritage Foundation’s 2012 Index of Economic Freedom confirmed that the lack of economic freedom was a major factor that …
Trade policy with China was again front and center in last night’s presidential debate, with President Obama defending his Administration’s trade policies. In particular, the President highlighted the number of cases his Administration has prosecuted at the World Trade Organization (WTO) as his signature trade achievement: [We] set up a …
According to the World Bank’s just-released Doing Business 2013—which looks into various reform measures to rank 185 economies on the ease of doing business—the United States continues to trail Singapore, Hong Kong, and New Zealand. The only surprise is that the U.S. didn’t drop further in the rankings. According to …
The final presidential debate, on foreign policy, is scheduled for Monday, October 22. Moderator Bob Schieffer announced that the topics will be: “America’s Role in the World,” “Our Longest War—Afghanistan and Pakistan,” “Red Lines—Israel and Iran,” “The Changing Middle East and the New Face of Terrorism,” and “The Rise of …
A selection, in no particular order, of some of the top tweets — most retweeted and favorited — from Heritage staff during last night’s second presidential debate from Hofstra University in Hempstead, NY. If oil were subsidized like wind, it would get $50/bb from feds. herit.ag/ABVHrN — David Kreutzer (@dwkreutzer) …
