A recent Pew Research Center study, The American-Western European Values Gap, shows that the U.S. is unique in its percentages of: People who believe that “freedom to pursue life’s goals without state interference” is more important than “state guarantees [that] nobody is in need,” People who disagree that “success in …
A recent Canadian study examining average household wealth in Canada and the U.S. reported something quite shocking. According to the study, the average Canadian has a net worth of $363,202, compared to $319,970 for the average American. While headline writers have touted this as a vindication of socialism, the reality …
Since the uprising erupted last year, Bahrain has continued to experience unrest. Despite continuing reforms by the government, the opposition movement has steadily hardened its stance against the al-Khalifa monarchy. Last weekend, protests in Bahrain escalated in one of the most violent confrontations between the opposition movement and police. Tens …
The World Bank’s latest report sounds a warning on China’s future economic growth, reiterating critical recommendations concerning the Chinese economy by The Heritage Foundation’s Index of Economic Freedom. The report makes a strong case that, if China is to keep up growth rates at even half the level it has …
Echoing the findings of The Heritage Foundation’s 2012 Index of Economic Freedom, the latest edition of The Economist sums up well the current status of America’s business environment: The home of laissez-faire is being suffocated by excessive and badly written regulation.… The problem is not the rules that are self-evidently …
In his recent commentary in the Financial Times, Kenneth Rogoff, a professor of economics at Harvard, made a strong case for the importance of education in heading off future crises in capitalism: Societies need to find ways to make adult education, including economic and financial literacy, far more available and …
