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  • Index of Economic Freedom

    Chart of the Week: How Countries Compare on Economic Freedom

    Heritage and the Wall Street Journal released the 2012 Index of Economic Freedom on Thursday, ranking 179 countries on 10 benchmarks that gauge their economic success. This year Heritage introduced a new interactive feature that gives you the opportunity to create a comparative graph. This week’s chart shows how the … More

    Morning Bell: So, You Think You're Free?

    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 … More

    PODCAST: How Economically Free is America?

    In this week’s Heritage in Focus, Heritage’s Kim Holmes, co-author of the annual Index of Economic Freedom, discusses this year’s index. Click here to listen. How does the U.S. rank in economic freedom this year? How does economic freedom fare worldwide? Is there any big surprise in this year’s index? … More

    North vs. South: How Economic Freedom Impacts Korea

    Real life can never give social scientists the kind of laboratory-quality tests that natural scientists can create, but sometimes it comes close. Since the two Koreas–North and South–are virtually identical culturally, it would appear that the different political systems explain the outcome illustrated by the figure below, which comes from last … More

    Most Charitable Nations Are Among the Most Economically Free

    Four of the world’s five most charitable nations also rank among the ten most economically free, a comparison of a pair of studies finds. The Charities Aid Foundation released its annual World Giving Index on Wednesday. The survey ranks the nations of the world according to a definition of charity … More

    Freedom Is the Cure for U.S. Economic Woes

    President Obama recently lectured Americans on economics during a campaign stop in Osawatomie, Kansas. The New York Times congratulated President Obama’s speech as a potent blow against market economics. Cal-Berkeley professor Robert Reich called it the most important speech of his presidency. The Kansas City Star gushed over his good … More

    Is China More Prosperous Than the U.S.?

    The Legatum Institute has just released its 2011 Prosperity Index. The index has a number of strengths, topped by the versatility of its supporting Web site. But Legatum has trumpeted an inaccurate finding that China has eclipsed the U.S. on the narrow economic dimension of its measure of prosperity. This … More

    Don't Do Business With Poor People? New York Times Readers Disagree

    A recent New York Times online report suggested that Americans should quit buying products made by poor people—because when people in the United States buy coffee, sugar, t-shirts, or tomatoes, they are guilty of exploiting impoverished workers. The story quoted the executive director of a group called Art Works Projects: … More

    Freer Trade, Greater Prosperity

    Some critics of free trade say that trade agreements just help the “rich” get richer while making the “poor” poorer, but in fact, free trade benefits everyone. Looking at data from The Heritage Foundation’s 2012 Index of Economic Freedom, Heritage’s Bryan Riley and Ambassador Terry Miller found that the benefits … More

    Government Regulations, Spending Erode America's Economic Freedom

    Congressional passage of three free-trade agreements yesterday marked a rare victory for economic freedom in America. But the United States has a long way to go before it regains its status as a leader in economic freedom, according to a new video from the Charles Koch Institute. Government regulations and … More