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#ChooseFreedom from Timbro on Vimeo. The benefits of economic freedom may be falling on deaf ears here in Washington, but around the world, economic freedom is picking up momentum. Thanks to a new...
View ArticlePresident Obama: “I Want Us to Be First,” Just Not in Economic Freedom
At an event earlier this week in New York, President Obama lamented that the United States wasn’t number one in the world for quality of infrastructure: One study recently found that over time, we’ve...
View ArticleChina Entrepreneurs Seek Economic Freedom in U.S.
Alibaba, the Chinese e-commerce giant whose sales top eBay and Amazon combined, chose the U.S. as the location for its initial public offering (IPO) last week. Why did Alibaba consider the U.S. and...
View ArticleHigh-Standards TPP Will Benefit U.S. and Vietnam
This week, Vietnamese leaders welcomed a business delegation led by U.S. Secretary of Commerce Penny Pritzker. Vietnam is a negotiating partner in the Trans-Pacific Partnership (TPP) trade talks, and...
View ArticleMonetary Policy Is Not Europe’s Panacea
European Central Bank (ECB) officials made a splash in monetary policy circles this week by announcing new measures to battle deflation within the eurozone countries. The move to negative interest...
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Are These Senators Regretting Their Export-Import Bank Votes?
Newscom For some lawmakers, corporate welfare is okay, unless it hurts someone in their district. Four lawmakers from Minnesota and Michigan are up in arms over a proposed $650 million financing deal...
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A Swedish (Economic) Lesson for President Obama in One Chart
President Obama is making the first ever bilateral visit to Sweden by a sitting U.S. President. As The Heritage Foundation and Swedish think tank Timbro discussed in a recent Google Hangout, the...
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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...
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What Bitcoin Tells Us About Economic Freedom
Jens Kalaene/dpa/picture-alliance/Newscom Chinese regulators are cracking down on Bitcoin, the anonymous open-source virtual currency. Officials at China’s central bank announced this week that they...
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Puerto Rico: America’s Greece
Photo credit: Chad Ehlers Stock Connection Worldwide/Newscom Pop quiz: Which economy has high unemployment, soaring debt, and beautiful beaches? If you answered Greece, you wouldn’t be wrong. But the...
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Amid Woes, Emerging Markets Need More Economic Freedom
Newscom Global markets are huffing and puffing and trying to blow the BRICs down. Some of the BRICs—Brazil, India, and China in particular, along with other emerging markets such as Turkey—are feeling...
View ArticleRisky Business in Emerging Markets
Emerging markets have been taking a beating in 2014. As money rushes out of these economies and currencies depreciate, central banks in Turkey, South Africa, and Brazil have been forced to intervene....
View ArticleSpain: Get Economic Freedom Out of the Shadows
Spain’s economy is finally pulling out of its recession, with growth accelerating from a standstill to a snail’s pace. This is a good sign for a country that has been in recession for nearly two years....
View ArticleIMF Package to Ukraine Should Include Real Economic Reforms
International Monetary Fund (IMF) officials beat the U.S. to the punch this week, arriving to discuss economic aid to Ukraine one day earlier than U.S. Secretary of State John Kerry. While Kerry...
View ArticleU.S. Can Influence Russia by Promoting Regional Free Trade
The Obama Administration is currently considering political and economic options to counter Russia. One option should be obvious: free trade and economic freedom. By advancing U.S. trade interests in...
View ArticleChevron Ruling Will Strengthen Rule of Law in Ecuador
A New York federal court ruling this week sends a strong and positive message to Ecuador—that corrupt methods and practices that undermine the integrity of Ecuador’s judicial system will not be...
View ArticleChile: Socialists Fire First Salvo at Pacific Alliance
In office only a week, the new foreign minister of Chile, Heraldo Muñoz, is already signaling the intention of the government of Socialist president Michelle Batchelet to weaken the pro-free-market...
View ArticleIn Peru, Trade—Not Aid—Works Best
Peru Bosques, a $38 million project included in the Peru Trade Promotion Authority that was meant to help the Peruvian government write a new forestry law, has not fared well, according to a 2012 audit...
View ArticleTrade, Not Aid, Could Protect 100,000 Children in Africa
President Obama’s proposed 2015 budget continues to put aside money for malaria prevention worldwide in the battle to help the 3 billion people at risk from the disease. Much of this money goes to...
View ArticleAs Fed Tapers, More Central Bank Independence Needed
This week finance ministers and central bank officials from around the world will converge on Washington for the spring meetings of the World Bank and the International Monetary Fund. Discussions of...
View ArticleIn TTIP Negotiations, Neither Side Showing Commitment to Liberalization
Even as the leaders of two major business groups in the European Union and the U.S. met to talk about the need for further trade liberalization, the Trans-Atlantic Trade and Investment Partnership...
View ArticleDodd-Frank Overregulation Prolongs Conflict in Eastern Congo
The Wall Street Reform and Consumer Protection Act (known as Dodd-Frank) is not just damaging the U.S. economy through excessive and ill-designed regulations. It’s also contributing to a conflict...
View ArticleEx-Im Bank: Unilateral Disarmament a Poor Excuse
One argument keeps coming up in favor of reauthorizing the Export-Import Bank (Ex-Im) is that letting the bank expire would amount to unilateral disarmament. This argument doesn’t really mesh with...
View ArticleGhana Woes a Warning to Other Oil-Rich African Countries
African leaders are in Washington this week for the White House–sponsored U.S.–African Leaders Summit, a meeting of nearly 50 African heads of state meant to promote trade and investment. But for...
View ArticleObama’s Removal of Russia’s Trade Preferences Doesn’t Matter
On Friday, the White House announced that President Obama would remove Russia’s eligibility for the Generalized System of Preferences (GSP), a trade program that gives preferential tariff treatment to...
View ArticleTime to Cut Fuel Subsidies in Emerging Markets
Newly elected and reelected leaders in Brazil, India, and Indonesia have a new impetus to jump-start reforms in their countries: falling global oil prices. Since July, the commodity has declined nearly...
View ArticleUkrainians Are In for a Long Winter, and It’s Not Because of Russia
After a dramatic session that stretched into early Monday, Ukrainian lawmakers finally passed a budget bill amid concerns over its International Monetary Fund lending line and flat-lined economy. The...
View ArticlePresident Obama’s Export Subsidy Hypocrisy
The Obama Administration fired a shot across China’s bow on Wednesday, challenging the country’s export subsidies in a dispute filed at the World Trade Organization (WTO). But, with last year’s renewal...
View ArticleBig Labor’s 5 Misconceptions on Free Trade
As the congressional trade agenda ramps up, labor leaders and anti-trade groups are out bashing free trade and circulating misconceptions about globalization. At a recent event at the Peterson...
View ArticleAfrican Growth and Opportunity Act and Generalized System of Preferences...
After much delay, Congress has acted on two much anticipated trade preference programs: the African Growth and Opportunity Act (AGOA) and the Generalized System of Preferences (GSP). But,...
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