Next Monday, January 17, is the 50th anniversary of President Dwight Eisenhower’s farewell address. The speech is most commonly remembered for President Eisenhower’s warning about the “unwarranted influence” of the “military-industrial complex,” but often left out of the story is Ike’s warning about profligate federal spending as well: “We cannot …
Our new video asks, “Is the American Dream dead?” With the release of the 2011 Index of Economic Freedom, one element of the report should be inescapable to American readers: out-of-control spending is a serious threat to our country’s prosperity. The enormity of the problem should not be underestimated—last year, …
This morning, The Heritage Foundation and The Wall Street Journal released the 2011 Index of Economic Freedom, and while the news is good for many countries, it is depressing for the United States. All told, 117 countries, mainly developing and emerging market economies, improved their Economic Freedom Index score. Meanwhile …
Michael Barone has an interesting piece today highlighting a recent article by George Mason University economist Tyler Cowen in The American Interest that explains how rising U.S. living standards across the board have “spread the wealth” far more efficiently than any statist program the Obama Administration can dream up. Cowen …
Although Belize has made some progress on its Index of Economic Freedom score in the past few years, recent actions by the government of Prime Minister Dean Barrow and the supermajority his United Democratic Party enjoys in Parliament may have put that progress at risk. Belize is increasingly wracked by …
Corruption is again dominating the news in India. Long-standing issues, such as broad attempts to avoid taxes, have simmered back to the surface and been joined by new accusations against the wealthy, major companies, and the government. Scandals have crossed finance, property, and telecom. Crimes have been committed and the …
