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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...

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

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:...

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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...

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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...

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CHART: Banking on the Private Sector

Jim Yong Kim, President of the World Bank. (Photo: EPA) 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...

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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:...

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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...

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Calvin Coolidge: Bigger Government Isn’t Better

Photo credit: World History Archive/Newscom 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...

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

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...

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Blame Income Inequality?

Glow Images/Newscom 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...

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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...

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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...

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A Conservative Agenda for Trade: Eliminate the Threat of Tariffs

Newscom 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...

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

Newscom 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...

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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...

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

Free-market economics meets free-market policies at The Heritage Foundation’s Tenth Anniversary dinner in 1983. Nobel Laureate Milton Friedman and his wife Rose with President Ronald Reagan and...

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

Newscom 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...

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Accounting for Facts While Courting Vietnam

Vietnam’s President Troung Tan Sang in the Oval Office with President Obama. (Photo: YURI GRIPAS/REUTERS/Newscom) Fact: When the United States negotiates trade agreements with countries that oppress...

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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...

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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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