Economic Freedom of the World
In the intellectual battle between state control of resources and free markets, some argue that the market economy now reigns supreme. The Berlin Wall has fallen. Maoism has given way to joint ventures...
View ArticleWhy Latin America Needs a Free-Trade Zone
At the Summit of the Americas in Quebec City, the Hemisphere’s leaders may at last give serious consideration to the establishment of free trade from Argentina to Alaska. But the meeting will also give...
View ArticleThe Keys to Economic Freedom and Prosperity
Modern economic growth is mainly about brain power and sound policy. Investment capital and entrepreneurial talent will flow toward economies with low taxes, secure property rights, sound money and...
View ArticleEconomic Freedom, Investment, and Prosperity
Economists know that the quality of political and economic institutions exerts a major effect on the growth and prosperity of nations. In general, we know that the greater the economic freedom, the...
View ArticleEconomic Freedom Is on the Rise
When Ronald Reagan and Margaret Thatcher came to power in the U.S. and the U.K. respectively, Soviet central planning was widely admired and thought to be highly successful. Ten years later, when the...
View ArticleThere's Power In Economic Liberty
The latest Economic Freedom of the World report, released today, confirms yet again what happens when the state moves aside and allows the private sector to perform. Consider the successes in Ireland,...
View ArticleThe Path to Development: When Does the Legal Environment Become Critical?
In many ways, a market economy is like a telephone or Internet system. In the case of those network goods, the value to the individual users increases as more people have telephones or Internet...
View ArticleHow Nations Prosper: Economic Freedom and Doing Business in 2007
Nations that are more economically free outperform less free nations in growth and levels of prosperity. James Gwartney, coauthor of the annual Economic Freedom of the World report, will review current...
View ArticleDeclining Economic Freedom
In the early 1980s, under the leadership of Ronald Reagan and Margaret Thatcher, the United States and the United Kingdom reduced marginal tax rates, brought inflation under control and relaxed both...
View ArticleEconomic Freedom of the World: Lessons for the U.S.
Economic freedom in the United States is on the wane. Historically a standard bearer for freer markets, the United States has seen its economic freedom rating fall in the last decade according to the...
View ArticleFreedom Is Key to Prosperity
As the country enters the final months of the presidential election season, candidates from both parties will promise policies that they claim will improve our standards of living. While the focus of...
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