There is more the President could do during his Middle East trip to improve the stability in the region: He should promote economic freedom. The Middle East and North Africa are two regions where countries lack the institutions to protect private property rights. In his recent Wall Street Journal op-ed, …
Although Hugo Chavez just died last week in Caracas, economic freedom predeceased him in Venezuela by at least a decade. When Chavez took power in 1999, the Venezuelan economy was rated at 54 points out of 100, according to The Heritage Foundation/Wall Street Journal’s annual Index of Economic Freedom. This …
Thursday was a really bad day for the Indian economy. Gross domestic product (GDP) growth for the October–December quarter came in at 4.5 percent, continuing to weaken. Worse, the central government budget for the next fiscal year leaves India on the same, failing course it’s been on of undisciplined spending …
For the past few weeks, India’s internal turmoil has been on display via news headlines on rape, widespread poverty, and continued civil conflict. Foreign Affairs recently published an article exploring one of the root causes of India’s widespread poverty and a perpetrator of its social challenges: landlessness. The article explains …
Chile continues to lead Latin America in 2013 in both economic growth and economic freedom. These positive outcomes reflect well on the solid policy choices being implemented by the Chilean government of President Sebastián Piñera. Making it onto the 2013 Index of Economic Freedom’s list of top 10 freest countries …
Everyone agrees that stealing should be a crime. Theft has been an offense in every society that has recognized property rights. Theft was a crime under the English common law; every state outlaws theft today; and theft of federal property (or property in interstate commerce) is a crime under federal …
One might reasonably assume that a legal corporation on American soil—in this case, Marriott—would have the right to decide when and where off-duty employees can access its property. You know, land of the free and all that. Well, think again. The National Labor Relations Board (NLRB) last month actually invalidated …
