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    President Obama Should Lift Ban on Energy Exports

    America’s Founders felt the freedom to export was so important that they included it in the U.S. Constitution: “No Tax or Duty shall be laid on Articles exported from any State.” President Obama should reaffirm that vision by removing restrictions on energy exports. Today, the U.S. government limits exports of … More

    Brazil Turns Away from Capital Controls

    Last week, Brazil announced that it is finally eliminating its most prominent tax on foreign portfolio investment. This reversal is the most recent reminder of the negative effects of capital controls. Capital controls are measures, sometimes in the form of taxes or fees, that limit the movement of capital into … More

    Legalize Crude Oil Exports

    An energy renaissance is underway in the United States. According to a new report by the International Energy Agency (IEA), America’s decades-long dependence on foreign oil may soon be over. By the mid-2020s, the United States is set to surpass Saudi Arabia as the world’s largest oil producer. Even more … More

    Free Trade Fact of the Day

    Why do liberals insist on demonstrating every day that they have no idea how markets work? Yesterday Rep. Ed Markey (D-MA) asked the White House “to determine whether [it has] the authority to take action to immediately halt all exports of U.S. oil, and if not, to work with Congress … More