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 …
A featured op-ed in The Wall Street Journal last week documented the recent, surprising successes of Bangladesh. Henry Kissinger dubbed it a “basket-case” at its inception. It has little economic freedom, and many in the international community saw little hope for it, but it has made some large achievements in …
The Global Entrepreneurship and Development Index (GEDI) report by researchers at the Small Business Administration shows that the U.S. may be slipping in its ability to sustain productive entrepreneurship relative to other countries. Entrepreneurship plays a critical role in the formation of any economy; it is the critical agent in …
Early this year, The Heritage Foundation’s Index of Economic Freedom reported that the U.S. economy is no longer in the top tier of economically free countries and runs the risk of falling further behind. This disappointing news is vividly echoed in World Economic Forum’s just-released study, Global Competitiveness Report 2010-2011. …
Now that the congressional money tree has bloomed again, this time in the form of new stimulus money for the states, we are faced with the question of whether the federal government will ever learn self-control. Federal government spending has exploded over the last two years, causing unsustainable debt that …
The United States spent $28.7 billion dollars in 2009 on official development assistance, more than any other country in the world. There is no denying that many people in poor nations live in desperate conditions and Americans rightly want to help them improve their lives. In an effort to measure …
