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    Four Charts on How Economic Freedom Makes Your Life Better

    Political gridlock, the government shutdown, and Obamacare are making Americans gloomy. But, largely thanks to economic freedom and the free-market system, things aren’t so bad after all. Americans are currently healthier than at any time in history, live in cleaner environments than most of the world, and have access to … More

    Morning Bell: 6 Reasons Why the National Debt Keeps Rising

    Out-of-control spending by Congress and the Obama Administration has once again maxed out the latest debt limit—a nearly $17 trillion burden that harms job growth, gives special interests a pass, and lowers American families’ personal income. Inspired by Dave Ramsey’s recent post “6 Reasons People Stay in Debt,” we compiled … More

    Accounting for Facts While Courting Vietnam

    Fact: When the United States negotiates trade agreements with countries that oppress their people, the opportunity exists to liberalize institutions and ultimately create political reform—provided we have leadership with the vision to do so. Seeking economic growth, the government of Vietnam is slowly liberalizing key economic sectors. Vietnam’s inclusion in … More

    900,000 Reasons Obamacare Is Bad: Moving Americans from Work to Welfare

    Obamacare is not only hurting small businesses and economic growth. It might also give nearly a million low-income individuals a reason to leave work for welfare. A new study from the National Bureau of Economic Research by professors from Columbia University, Northwestern University, and the University of Chicago argues that, … More

    Milton Friedman at 101: We Need His Ideas Now More Than Ever

    Today, on what would have been Milton Friedman’s 101st birthday, we celebrate the enduring insights of an economist and thinker whose ideas have served as the guiding light for visionary leaders around the world. The practical policies inspired by Friedman have allowed countless individuals to realize their dreams through participation … More

    ANALYSIS | Obama’s Economic Speech: Another Summer Rerun

    President Obama traveled to Illinois today to give the same tired, worn-out economic speech he’s been giving for almost five years now. Rather than offering new solutions that could revive the dormant economy and put people back to work, the President offered the same old policies that have already failed, … More

    GDP: I Do Not Think It Means What You Think It Means

    Many decision makers and commentators treat gross domestic product (GDP) as if it measures the whole of the economy. They even use “the economy” and GDP interchangeably. GDP is an accounting device—and a poor measure of economic health. Household wealth is much closer to what we mean by “the economy.” … More

    A Conservative Agenda for Trade: Eliminate the Threat of Tariffs

    When it comes to trade, the ultimate objective for conservatives should be to eliminate tariffs—not just reduce some or all, but take them completely off the table and make it as difficult as possible to impose or threaten to impose tariffs (or quotas). Many Americans believe that tariffs are a … More

    Rumsfeld on Economic Freedom

    Concluding The Heritage Foundation’s fifth annual Protect America Month series, former Secretary of Defense Donald Rumsfeld shared his insights on why a free-market system that promotes economic freedom is critical to ensuring America’s prosperity and security. In an interview with Dr. Edwin Feulner, former president of The Heritage Foundation, Rumsfeld … More

    How Do Nations Succeed? With Economic Freedom

    It’s often easy to forget where we’ve been on the journey to where we’re going. In America, the foundation of our society and the source of our wealth and prosperity are firmly rooted in the principles of economic freedom. Markets are the most powerful force in the world for defeating … More