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    Economic Freedom: The Key to Making Our Prosperity Enduring

    The President asserted during a major speech in January: “One of the greatest contributions the United States can make to the world is to promote freedom,” he said. “A creative, competitive America is the answer to a changing world, not trade wars that would close doors, create greater barriers and … More

    Welcome to America, Land of the Less Free?

    Just one year after President Barack Obama took office, we released the 16th edition of the Index of Economic Freedom in both Hong Kong and Washington. Once again, it provides empirical evidence that economic freedom is the pathway to prosperity. The good news is that despite the global economic crisis, … More

    In the Green Room: AEI's Arthur Brooks

    Newly-anointed American Enterprise Institute President Arthur Brooks spoke at Heritage’s weekly Blogger Briefing today (listen here). He addressed the fact that conservatives must establish new language and new messages to remind Americans of the moral necessity of a culture of free enterprise. “Overwhelming majorities of Americans prefer the free market … More

    Russia Market Economy Short Lived?

    The past week saw an extraordinary event in the Russian economy. Prime Minister Putin and other Cabinet Ministers made a surprise visit to one of Moscow’s supermarkets and personally regulated the price rates. Putin discovered that the trade margin on an array of foodstuffs in Perekryostok supermarket is significantly higher … More

    Obama: I am "a Strong Believer in the Power of the Free Market"

    Breaking news: President Obama is a strong believer in free markets.  Yesterday, in an address to the Business Roundtable, Obama mounted a vigorous defense of the free market and private enterprise, explaining his basic approach to economics and regulation. In his own words, Obama has “always been a strong believer in the power … More

    Should We Hand Detroit a Blank Check?

    Despite the fact that Congress intended the $700 billion Troubled Asset Relief Program (TARP) solely for financial institutions, the Bush administration, the Treasury, Members of Congress and the automakers are negotiating a plan to use the last $15 billion to bail out Detroit’s automakers. I won’t get into the illegality … More

    Thankful for Our Piece of Pie

    He or she is at it again.  An electronic circular,  originating elsewhere at Heritage and signed only “A Conservative,”  marks Thanksgiving by recalling the Pilgrims’ fleeting flirtation with socialism 387 years ago — whilst establishing Plymouth Colony under William Bradford’s leadership. (“A Conservative”  last week e-circulated thoughts on how the Electoral College benefits an … More