All Posts Tagged With: "index of economic freedom"
Capital Letters
“Economic Freedom of the World” Doesn’t Endorse Free Trade Agreements As two of the principal authors of the Economic Freedom of the World (EFW) index published by the Fraser Institute, we might be accused of being overly defensive when it comes to criticisms of such indexes. For this reason, we typically choose to remain silent [...]
21Apr2011 | Foundation for Economic Education | 1 comment | ContinuedWhat Economic Freedom Indexes Leave Out
In a syndicated column last October, television journalist John Stossel lamented the downgrading from sixth to eighth place—“behind Canada!”—of the United States on the Heritage Foundation/Wall Street Journal Index of Economic Freedom. The Index is based on several metrics, including freedom of movement of capital, the degree of business regulation, and levels of taxes and [...]
24Feb2011 | Kevin A. Carson | 6 comments | ContinuedIntervention Explains Economic Success?
On the first day of an introductory statistics class a student is likely to learn the maxim “correlation isn’t causation.” Simply put, the correlation (a statistical relationship) between two variables doesn’t mean that one caused the other. That the sun rises when roosters crow does not mean that roosters cause the sun to rise. To [...]
1Jun2005 | Jude Blanchette | 5 comments | ContinuedEconomic Freedom: The Path to Development
Economic development has historically been exceptional rather than typical. As Peruvian economist Hernando de Soto has observed in The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else, capitalism has been successful mainly in the West. Consequently, there are tremendous income disparities around the world. In 2000, real income per person [...]
1Apr2005 | Gerald P. O'Driscoll, Jr. | 0 comments | ContinuedWhy Economies Grow
Aaron Schavey is a policy analyst in the Center for International Trade and Economics (CITE) at the Heritage Foundation. One of the consequences of living in an affluent society such as the United States is that the poverty of the majority of the world is often overlooked. For instance, a recent report from the Organization [...]
1Nov2001 | Aaron Schavey | 2 comments | Continued1998 Index of Economic Freedom
William Peterson, an adjunct scholar with the Heritage Foundation, is the Lundy Professor Emeritus of Business Philosophy at Campbell University in North Carolina. In 1989-1991 the walls of Eurocommunism came tumbling down, including the most dramatic one of all, the Berlin Wall. Since then, like a fresh breeze blowing around the world, the watchword for [...]
1Jul1998 | William H. Peterson | 0 comments | ContinuedThe Role of Government: Promoting Development or Getting Out of the Way
Mr. Bandow, a monthly columnist for The Freeman, is a Senior Fellow at the Cato Institute and the author and editor of several books, including Perpetuating Poverty: The World Bank, the IMF, and the Developing World. Of all the tasks assumed by government, none is more inappropriate than that of promoting economic development. It is [...]
1Mar1997 | Doug Bandow | 2 comments | ContinuedEconomic Freedom: Its Measurement and Importance
Dr. Gwartney is professor of economics at Florida State University. More information about the index can be found in Economic Freedom of the World: 1975-1995 (Washington, D.C.: Cato Institute, 1996). Since the time of Adam Smith, economists have generally argued that individuals will be more productive when they are economically free. Thus one would expect [...]
1Feb1997 | James D. Gwartney | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
