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    Blame Income Inequality?

    Scott Winship’s recent piece in National Affairs, “Overstating the Costs of Inequality,” elevates the national debate over the role that income inequality plays in economic mobility and growth. Winship, an economist at the Brookings Institution, finds “simply very little evidence to suggest that…income disparities between the rich, middle class, and … More

    Korea-U.S. Free Trade Agreement One Year On: Solidifying a Partnership for the Future

    March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. … More

    Calvin Coolidge: Bigger Government Isn’t Better

    Amity Shlaes will be speaking about her new book Coolidge at Heritage tomorrow. It’s a great opportunity to learn why, when it comes to government, bigger isn’t better. Less than a century ago, the United States enjoyed an economic boom under the leadership of a quiet, restrained, and often forgotten … More

    Morning Bell: What Ideas Are Conservatives FOR?

    Many looked at the results on Election Day and saw disaster. At The Heritage Foundation, however, we see opportunity. Americans are asking: “What do conservatives stand for?” This is the opportunity to tell them. There are important lessons to be learned from the recent election and the current trends in … More

    U.S. Drops Out of Top 10 in Latest Legatum Prosperity Index

    In an unprecedented fall, the U.S. dropped out of the top 10 for the first time in the 2012 Legatum Prosperity Index that was published today. The index benchmarks countries in eight categories: economy, education, entrepreneurship and opportunity, governance, health, personal freedom, safety and security, and social capital. Legatum’s latest … More

    CHART: Banking on the Private Sector

    In his October 1 speech to the 45th Annual Meeting of the Association of American Chambers of Commerce in Latin America, World Bank President Jim Yong Kim made his pitch to (re)assure private business leaders that he is serious about private-sector-driven economic growth and development. In a rather confessional tone, … More

    Would Working Less Make Us Prosperous?

    In a recent New York Times column, a professor of economics argued that the reason we’re mired in economic malaise is that we’re too productive. Ever-increasing productivity means that if our economies don’t continue to expand, we risk putting people out of work.…What, then, should happen when, for one reason … More

    A New Trend on Trade in North Carolina

    North Carolinians, like many Americans, are concerned that opening the door to foreign companies will result in the loss of jobs, hurting the economic livelihood of the state and its residents. North Carolina’s elected officials have reflected their concerns on free trade through their voting patterns. Both the voters and … More

    Index of Economic Freedom: A Practical Guide on How to Achieve Long-Term Prosperity

    In his recent commentary in the Financial Times, Kenneth Rogoff, a professor of economics at Harvard, made a strong case for the importance of education in heading off future crises in capitalism: Societies need to find ways to make adult education, including economic and financial literacy, far more available and … More

    Morning Bell: Free Trade Agreements Are A Win for Prosperity

    Free trade agreements (FTAs) have economically benefited nations the world over since their inception. Poverty rates in countries with low trade barriers are significantly lower, and data in The Heritage Foundation’s Index of Economic Freedom demonstrate that free trade also leads to higher incomes, more jobs, and greater equality. That’s … More