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  • Index of Economic Freedom

    Free Trade Leadership: Not Made in America

    Later this month, China and 15 other nations will begin negotiations for a possible new trade agreement. This agreement, the Regional Comprehensive Economic Partnership, could encompass 28 percent of the global economy, to the benefit of all nations involved. These negotiations reflect a worldwide trend of bilateral and multilateral trade … More

    U.S. Drops Out of Top 10 in Latest Legatum Prosperity Index

    In an unprecedented fall, the U.S. dropped out of the top 10 for the first time in the 2012 Legatum Prosperity Index that was published today. The index benchmarks countries in eight categories: economy, education, entrepreneurship and opportunity, governance, health, personal freedom, safety and security, and social capital. Legatum’s latest … More

    Chart of the Week: Major Benefits of Free Trade

    Nations that embrace international trade enjoy significantly stronger economies, achieve lower rates of hunger, and maintain a better stewardship of the environment, according to new data published by Heritage for the forthcoming Index of Economic Freedom. There are, of course, other factors that contribute to such positive trends. But international … More

    Arab Spring Protests Underscore Urgent Need for Economic Reforms

    In Monday’s foreign policy debate, Governor Mitt Romney briefly mentioned the importance of economic reform in addressing some of the problems associated with the eruption of the “Arab Spring” uprisings. The Heritage Foundation’s 2012 Index of Economic Freedom confirmed that the lack of economic freedom was a major factor that … More

    Debate on Trade: It Isn't Just About How Many Cases You Bring to the WTO

    Trade policy with China was again front and center in last night’s presidential debate, with President Obama defending his Administration’s trade policies. In particular, the President highlighted the number of cases his Administration has prosecuted at the World Trade Organization (WTO) as his signature trade achievement: [We] set up a … More

    Morning Bell: 5 Issues That Haven't Come Up in the Debates

    Tonight’s presidential debate is the last one that will include questions on domestic policy. The previous presidential and vice presidential debates covered a host of issues, but there are key questions still to be answered. Heritage experts submitted five issues below—with questions—that it is important to discuss before the debate … More

    CHART: Banking on the Private Sector

    In his October 1 speech to the 45th Annual Meeting of the Association of American Chambers of Commerce in Latin America, World Bank President Jim Yong Kim made his pitch to (re)assure private business leaders that he is serious about private-sector-driven economic growth and development. In a rather confessional tone, … More

    U.S. Foreign Policy Should Advance Economic Freedom

    In his recent commentary, Congressman Devin Nunes (R–CA) penned a bold foreign policy idea that is based on advancing economic freedom: It’s time to try a new approach to foreign policy—creating an alliance of free-trading nations.… This alliance of free-trading nations will welcome any nation that wants close relations with … More

    Bigger Government, More Cronyism, Less Economic Freedom

    Recent news about the Obama Administration’s divestitures from AIG and GM—in some cases at a loss of billions of dollars—stands as a reminder of the privilege and cronyism that permeates our economy. As favoritism grows with the size of the government, economic freedom continues to be eroded by policies like … More

    Morning Bell: Why Obama Is Failing the Middle East Meltdown and How to Fix It

    The breaking news keeps breaking when it comes to revelations surrounding the attacks and protests aimed at U.S. embassies going on throughout the Islamic world. Protests have spread to at least eight countries. Reports indicate that four people have been arrested relating to the killing of the U.S. Ambassador to … More