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 …
So you think you’re free? Thanks to big government spending and exploding debt, the United States — and indeed the world — is less economically free today than it was a year ago, according to the 18th annual Index of Economic Freedom, released yesterday by The Heritage Foundation and The Wall Street …
As the economy continues to struggle, a new report highlights ways the government may be making things worse by imposing bigger burdens on business. Our new video breaks down the facts and highlights the impact of this creeping government red tape. While these costs are often invisible, they are nevertheless very …
Last week the Competitive Enterprise Institute, a Washington-based free-market advocacy group, filed a petition with the U.S. Supreme Court to review the 1998 tobacco Master Settlement Agreement on the grounds it violates federal antitrust laws and is unconstitutional. The tobacco MSA is the result of 46 state attorneys general striking …
The United States is experiencing tough economic times and high levels of unemployment, leading to a dramatic increase in the number of young people taking unpaid internships to advance their careers. Unfortunately, current laws say that many unpaid internships are actually illegal because these positions do not qualify for the …
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, …
Three years ago the U.S. finished negotiating a free trade agreement (FTA) with Colombia that would have given American businesses reciprocal access to the Colombian market that Colombian companies have been receiving for years. Two years later, in an unprecedented move, Speaker Pelosi denied the FTA an up or down …
White House chief of staff Rahm Emmanuel wasn’t kidding when he said that a crisis is a terrible thing to waste, and according Arthur Brooks, president of the American Enterprise Institute (AEI), it was anything but wasted. “Indeed, the period of panic that everyone was facing opened a tremendous opportunity …
Today, another burden is being placed on America’s small businesses. Effective on this date is the third installment of the increase of the minimum wage that was passed in 2007. Once again, our federal government has provided not a help, but a hindrance to our economic recovery. When the three-phase …
