The recently reelected president of Ecuador, Rafael Correa, wants people to know he is determined to fight inflation through combating “speculation.” A noble goal, to be sure. But the weapons chosen for that battle by President Correa—a PhD economist trained at the University of Illinois—actually will doom his anti-inflation campaign. …
The conversion of corn to ethanol has contributed to a doubling in global food prices since 2005, according to a report by the New England Complex Systems Institute (NECSI). In a presentation at The Heritage Foundation, Dr. Yaneer Bar-Yam elaborated upon earlier research done by NECSI demonstrating a link between …
Bring a rancher, a motorcyclist, a governor, a poultry producer, a gas station manager, and a restaurant owner together around a table, and they probably wouldn’t have much in common regarding their day-to-day lives. But they have all joined the growing ranks of people dissatisfied with the renewable fuel standard. …
Food prices are on the rise across the globe, fueling much of the political unrest that continues to rage in parts of the Middle East. Unexpectedly severe weather and soaring demand have pushed food prices to “dangerous levels and threaten tens of millions of poor people,” said World Bank President Robert …
Rep. Eric Cantor (R-VA) dropped by Heritage this afternoon for our Conservative Bloggers’ Briefing to talk about his Middle Class Bill of Rights, a plan he’s crafted to address concerns he’s hearing from constituents in his district and across America. Cantor said for too long Democrats have claimed to ownership …
Tomorrow, Rick Warren, author of the 2002 best-seller “The Purpose Driven Life,” will host John McCain and Barack Obama at his 22,000-member Saddleback Church in Orange County, Calif., where he will question them on matters of concern to evangelical Christians, including poverty, the environment, human rights and AIDS. The standard …
Domestically produced corn based ethanol has enjoyed preferential federal treatment for years including a $0.51 per gallon tax credit and tariffs that discourage potentially cheaper sugar cane-based ethanol from Brazil. Federal government government support for ethanol has only increased in recent years with the first ever renewable fuel mandate for …
