income

Income

Economic freedom helps build wealth for an economy and circulate wealth within it. The economic growth that results from increases in economic freedom also creates social mobility, as the least-well off individuals see their incomes increase faster than any other group. Economic freedom also helps to reduce inequalities produced by crony capitalism, rewarding hard work, not government favors.

Income

Economic Freedom of North America 2014

Continuing the trend of the past few years, the Canadian provinces are besting the U.S. states in terms of average level of economic freedom.

In the News: Venezuela to introduce supermarket fingerprinting

Venezuela now fingerprinting supermarket shoppers.

In the News: Neighbor sours on boy’s lemonade stand

Summertime wouldn’t be complete without a nosy neighbor trying to shut down a child’s lemonade stand.

In the News: You work this many hours a week to pay your taxes

You work one day a week solely to pay taxes.

In the News: Two-thirds of Berlin’s tourist flats now illegal

Tourists may have a hard time finding a cheap place to stay.

In the News: British builder hits barriers with his private toll road

Private citizen builds toll road when government fails.

In the News: Hundreds wrongly accused of being illegal cabbies in past year

In the Big Apple, the Taxi and Limousine Commission can seize the car of anyone it suspects of driving an illegal cab.

In the News: How the USDA blew millions on Afghan soybeans

The USDA shipped 4,000 tons of soybeans to northern Afghanistan. The catch? Nobody wanted soybeans.

Book Review: Homer Economicus

Joshua Hall’s (ed.) “Homer Economicus” makes the unlikely connection between economics and “The Simpsons.”

In the News: France’s absurd new ‘homemade’ law handcuffs restaurants

New French law regulates ‘homemade’ food.

Economic Freedom of North America 2014

Continuing the trend of the past few years, the Canadian provinces are besting the U.S. states in terms of average level of economic freedom.

In the News: Venezuela to introduce supermarket fingerprinting

Venezuela now fingerprinting supermarket shoppers.

In the News: Neighbor sours on boy’s lemonade stand

Summertime wouldn’t be complete without a nosy neighbor trying to shut down a child’s lemonade stand.

In the News: You work this many hours a week to pay your taxes

You work one day a week solely to pay taxes.

In the News: Two-thirds of Berlin’s tourist flats now illegal

Tourists may have a hard time finding a cheap place to stay.

In the News: British builder hits barriers with his private toll road

Private citizen builds toll road when government fails.

In the News: Hundreds wrongly accused of being illegal cabbies in past year

In the Big Apple, the Taxi and Limousine Commission can seize the car of anyone it suspects of driving an illegal cab.

In the News: How the USDA blew millions on Afghan soybeans

The USDA shipped 4,000 tons of soybeans to northern Afghanistan. The catch? Nobody wanted soybeans.

Book Review: Homer Economicus

Joshua Hall’s (ed.) “Homer Economicus” makes the unlikely connection between economics and “The Simpsons.”

In the News: France’s absurd new ‘homemade’ law handcuffs restaurants

New French law regulates ‘homemade’ food.

In the News: Of obsolete regulations and post-prohibition haggis

What the United States’ haggis ban can teach us about the workings of government.

In the News: Police cracking down on subway acrobats

The NYPD is looking to turn the city that never sleeps into the city that never dances—on subways, that is.

In the News: DC tour guides win right to talk without a test

Until recently, it was a jailable offense to give tours in Washington, DC, without passing a 100-question test.

In the News: New York City’s soda ban struck down

New York state’s highest court recently ruled against reinstating the Big Apple’s infamous soda ban.

In the News: The World Cup traveling circus

A majority of Brazilians don’t think the World Cup is all it’s cracked up to be.

In the News: Report: Food Freedom Under Attack

Our food freedom is under attack.

In the News: The FDA’s unpalatable cheese crackdown

The FDA recently lifted a new ban on the age-old practice of using wooden planks to ripen cheese. But don’t celebrate too fast.

In the News: 8-year-old pastry chef runs thriving baking business

Meet the mini baking mogul who is also a budding philanthropist.

Paper: Reforming occupational licensing in Alabama

Paper: Reforming occupational licensing in Alabama

In the News: Sugar fight ain’t so sweet

Every time you use sugar—from your morning coffee to those cupcakes you’re baking—you’re paying too much.

In the News: How tacky T-shirts became contraband in New Orleans

In New Orleans’ French Quarter, tacky t-shirts aren’t just a fashion crime.

In the News: Licensing isn’t necessary to ensure quality

Although licensing is supposed to raise the quality of a variety of services, it comes with a cost.

In the News: The coming two-tier health system

Is the Affordable Care Act is creating a two-tiered system like those found in some European countries?

In the News: Toyota’s Texas move means tax savings for workers

Toyota’s workers will save big if they move from California to Texas.

In the News: A doctor’s declaration of independence

Some government mandates keep doctors from caring for their patients in the way they would like.

Infographic: Medicaid Expansion

How will Medicaid expansion impact you?

In the News: An inventor’s Quirky path to success

Anyone can be an entrepreneur, and the best ideas often come from the unlikeliest of sources.

In the News: Sriracha too hot for one California town

Any town would be happy to host a Sriracha factory and the jobs it brings with it, right? Wrong.

In the News: Social Security, Treasury target taxpayers for their parents’ decades-old debts

The government seized Mary Grice’s tax refund, claiming that someone in her family received an overpayment—37 years ago.

In the News: How 3D Printing will change the way we make practically everything

It may seem like science fiction, but 3D printing is fast becoming more accessible.

In the News: Patently absurd

Patent trolls are becoming more common and they’re suing over technology that pre-exists their patents.

In the News: Duplicative government programs

It’s time for the government to do some spring cleaning.

In the News: Health plan premiums are skyrocketing according to new survey

Across the nation, health plan premiums are going through the roof—and we have the Affordable Care Act to thank.

In the News: Food safety rule threatens cows’ ‘happy hour’

Recently, the Food and Drug Administration proposed a new regulation that could makes cows very unhappy.

In the News: U.S. taxpayers to spend $400,000 for a camel sculpture in Pakistan

For the American embassy in Islamabad, Pakistan, the State Department decided to splash out $400,000 on a camel statue.

In the News: Government regulations on small businesses out of control?

You won’t believe how ridiculous these government regulations on small businesses are.

In the News: Eminent domain fails again

What if the government seized your home so a millionaire could build an arena?

In the News: My business accepts Bitcoins

Now accepted by a growing number of brick-and-mortar businesses, Bitcoin has made it to Main Street.

In the News: How much the marriage tax penalty will cost you

All that marital bliss can be a real headache come tax season.

In the News: The first cellphone went on sale 30 years ago for $4,000

Cell phones have come a long way in 30 years, but a monopoly could have wrecked all that.

In the News: An old law, a snowy winter, and a modern-day salt shortage

New Jersey’s roads remained icy longer due to a 1920 law allowing only American-built ships to transport goods between U.S. ports.

In the News: FAA grounds Valentine’s flower delivery drone

A floral delivery service came up with an innovative way to play cupid this Valentine’s Day: bouquet-dropping drones.

In the News: Why Sochi’s terrible bathrooms are the perfect symbol for Russia’s Olympics

At a cost of $51 billion, the Sochi Olympics are the most expensive in history and cronyism’s to blame.

In the News: FAA grounds brewery’s beer-delivering drone

The Federal Aviation Administration (FAA) grounded beer-delivering drones in Wisconsin.

In the News: New Jersey Taxes Could Eat Up All of Peyton Manning’s Super Bowl Earnings

Peyton Manning will lose big on his gameday paycheck thanks to New Jersey’s “jock tax.”

In the News: Best State in a Supporting Role

For more than a decade, states have been doling out tax credits and subsidies to attract star-studded movie productions.

In the News: Feds Blow $100 Billion Annually On Incorrect Payments

Each year, the government wastes $100 billion on improper payments. That’s about $300 per person in the United States.

In the News: Parisian Taxi Drivers Go On Rampage Over Uber

Getting a taxi in France just became even more hectic.

In the News: America’s Dwindling Economic Freedom

Economic freedom in the United States has been on the decline for nearly a decade now.

In the News: Downton Abbey Makes A Powerful Case For Economic Freedom

Downton Abbey shows how far we’ve come thanks, in no small part, to economic freedom

In the News: The Real Miyagi’s Dojo Threatened: Santa Ana Favors Foliage over Small Business

Fumio Demura taught stars like Bruce Lee and Chuck Norris how to fight. Now he’s fighting to keep his real-life dojo.

In the News: Top 10 Examples of Government Waste in 2013

Despite complaints that there’s nothing left in the budget to cut, the government still found money to burn in 2013.

Economic Freedom Interactive Map

What components determine a country’s economic freedom? See them all on our interactive map.

In the News: Army Corps Flushed $5.4M on ‘Unusable’ Trash Incinerators

The U.S. Army Corps of Engineers paid $5.4 million for trash incinerators that were so flawed as to be unusable.

A Very Crony Christmas

A Christmas Comic from our friends over at Crony Chronicles.

Economic Freedom State-Off

Play our Economic Freedom State-Off Game to test your knowledge of the U.S. state’s economic rankings!

Economic Freedom Heat Map: Is Your State Cool with Economic Freedom?

Economic Freedom of North America 2013, is out, and the race is heating up for some U.S. states. Unfortunately, it’s a race to last place.

In the News: Football: A Waste of Taxpayers’ Money

Professional and college teams receive hundreds of millions of dollars in government handouts.

Economic Freedom of North America 2013

Once again, the Canadian provinces are besting the U.S. states in terms of average level of economic freedom.

In the News: A Mistletoe Misdemeanor

Portland, Oregon won’t let an 11-year-old sell mistletoe but the city will let her beg for money.

In the News: San Francisco Rent Control Pricing Poor Out of the City

San Francisco’s rent control policies are making the city’s housing shortage worse.

In the News: Beloved Baltimore Cookies Could Change Or Disappear With Trans Fat Ban

A proposed ban on trans fats will spell bad news for Baltimore’s Berger Cookies if it goes through.

In the News: Minnesota Cottage Food Laws Restrict Small Businesses, Limit Tasty Treats

In Minnesota, entrepreneurs who bake treats at home cannot sell them online.

In the News: Venezuelan Military Seizes Major Retail Chain

In keeping with its policy of price controls, Venezuela recently forced stores to start charging “fair” prices.

In the News: French Soccer Clubs to Strike Over 75% Tax Rate

French soccer players plan on sitting out from games to protest a proposed 75 percent tax rate on top earners.

In the News Update: Monks Win Final Round in Casket Sales Dispute

Good news for Louisiana’s casket-making monks and for the little guy everywhere.

In the News: The Army’s $5 Billion New Uniform Already Being Replaced

The Army plans to spend $4 billion on yet another camouflage redesign.

Zombies, Ghosts, and Vampires, OH MY!

Halloween is just around the corner and you could get a good scare by looking at some of the outrageous examples of government spending.

In the News: Six Things You Need to Know About Downgrades

The U.S. could have preserved its excellent credit rating without raising the debt ceiling.

In the News: Breaching the Debt Ceiling Uncharted But Not a Catastrophe

One thing is clear: Breaching the debt ceiling would force the government to set priorities and make cuts.

Sequestration: Another Mayan Prophecy

Sequestration wasn’t as devastating as predicted. The world didn’t end, and the sky didn’t fall.

Infographic: Your State’s Beer Taxes

Did you celebrate Oktoberfest this year? No matter your state, you were paying taxes on that tall, frosty one:

Four Decades of Economic Freedom in Ten Seconds

See which countries have gone from oppressed to free, and vice versa, in just ten seconds with our time series map of economic freedom.

In the News: Slavery Descendants in Coastal Georgia Communities Fight Tax Hikes

The people of Hog Hammock may have to leave the homes they’ve had for generations due to sky-high property taxes.

U.S. vs. The World: Compare Economic Freedom Rankings

What might your standard of living look like if you lived in another country? Check out our interactive web app to find out!

In the News: Facing Shortages, Venezuela Takes Over Toilet Paper Factory

Venezuela has a mess on its hands: severe shortages of household staples like toilet paper!

In the News: A Not So Great Day for Freedom

America’s decline in economic freedom isn’t just wounding to our pride; it’s also worrying for our prosperity.

In the News: US Ranks 17 in Measure of Economic Freedom

The Fraser Institute’s Economic Freedom of the World: 2013 Annual Report revealed that the U.S. ranks 17th in the world for economic freedom. Click to read more.

In the News: Underground—And Illegal—NYC Dinner Parties

Foodies in New York City are holding clandestine dinner parties.

Economic Freedom of the World: 2013 Annual Report

After ranking 2nd in 2000, the U.S. falls to 17th in this year’s report. What does this mean for the future?

In the News: Greek Yogurt: A Sour Taste for Big Food Firms

The rise of Greek yogurt illustrates an important fact about businesses in a free market: they must innovate.

In the News: Family Farmers Fight Michigan Township For Their Animals

This family has to get rid of their beloved farm animals because their town “reinterpreted” the zoning rules.

In the News: The Summer Budget Bacchanal

This time each year, the federal government kicks its spending into high gear—and you’re paying for it.

In the News: The Die Harder States

Dying in Minnesota just got even more expensive.

How the Market Fixes Mistakes

From yoga pants to Swedish meatballs, how does the market respond to mistakes?

In the News: Welfare Can Make More Sense Than Work

For some Connecticut welfare recipients, work simply doesn’t pay.

In the News: Number of Americans Renouncing Citizenship Surges

American citizens and permanent residents are renouncing their status in record numbers.

In the News: Young Family Ordered to Tear Down Their “Hobbit Home”

In the U.K., a young couple has been ordered to demolish their unique home.

In the News: The Rich, and Everyone Else, Get Richer

When the the income of the richest Americans grows, so, too, does the wealth of Americans across all income levels.

In the News: America’s New Foreign Aid: Welfare Fraud

The Dominican Republic has become a hub for New York City’s welfare fraudsters.

In the News: Lefty’s Open Triumph a Very ‘Taxing’ Victory

Pro golfer Phil Mickelson’s two recent wins in the U.K. earned him $2 million—well, sort of.

In the News: Hops and Change

Mississippi’s recent decision to legalize homebrewing means that all 50 states now allow individuals to make beer in the comfort of their own homes.

In the News: What Detroit’s Crisis Can Teach Others

Detroit’s problems are all too similar to those facing the United States.

In the News: Watch Him Pull a USDA-Mandated Rabbit Disaster Plan out of His Hat

A USDA rule on disaster preparedness requires magicians to draft and submit evacuation plans for their rabbits.

Economic Freedom in Your Area

A recent study shows that metropolitan areas with greater economic freedom enjoy higher incomes and less unemployment.

In the News: For the Last Time, Robots Do Not Cause Unemployment

From electric dishwashers to ATMs to self-checkout kiosks, machines are our friends.

In the News: Not All Long Beach Residents Scream for Ice Cream

Long Beach, California may limit when ice cream trucks can play their music, and vendors are worried about their businesses.

In the News: A Brand-New Military Headquarters in Afghanistan. And Nobody to Use It.

The U.S. military may soon demolish a $34 million complex for Marines in Afghanistan that it just finished building.

In the News: Horseless Carriages to Driverless Cars

Soon, cars may drive you to work.

In the News: Is Your Child Getting a ‘Dead-End’ Diploma?

Recent college graduates are finding that their diplomas do not easily translate into employment.

In the News: Fashion Faux Pas: Kids’ Consignment Shop May Close

Department of Labor regulations may force an innovative, kids’ consignment business to close.

In the News: Rental Car Co. Run by Teenagers Undercuts Competitors

San Francisco International Airport is angry that it can’t squeeze FlightCar, a new, airport car rental business.

In the News: Millennials Must Embrace Creative Destruction

Learning new skills in a rapidly changing world will best position millennials to thrive in their careers.

In the News: Alabama Barbecue Vendor Under Heat for Cooking at Home

One man in Alabaster, AL may have to stop making his delicious BBQ or pay a $400 fine each day.

In the News: A Tax on Rocks

A new “rock tax” would slap a fee on certain quarried and man-made stones like marble, slate, and limestone.

In the News: Raisin Farmers Aren’t Dried Up

The USDA has been confiscating a portion of raisin farmers’ crops to keep prices artificially high.

In the News: Washington Booms—Thanks to Other People’s Money

Washington, D.C.’s wealth and stability come from the size of the government.

In the News: New Jersey Convicts Received Unemployment Benefits

New Jersey convicts have been receiving food stamps, unemployment insurance, and pension payments.

In the News: One Small Win for Raw Milk

Are states that ban raw milk concerned with your safety, or with protecting the dairy industry from competition?

“Essential” Government Spending? Tell Us What You Think

Rather than decreasing the amount we owe, our leaders want to raise the “debt ceiling” for “essential” spending.

In the News: A Barrier to Your Bed and Breakfast

It is now illegal for New York City residents to offer short-term rentals.

In the News: Bacon Bacon Close Raises Quite a Stink

San Francisco’s Bacon Bacon restaurant served delicious, pork treats … until neighbors complained about the bacon aroma.

In the News: A Brewing Fight

Craft brews are becoming more popular and breweries are increasing the amount they produce. But a federal tax will soon kick-in.

In the News: Double-decker Florida Treehouse May Have to Come Down

Lynn Tran’s “childhood dream” has turned into a nightmare.

In the News: Who Will Pay More for Health Care? Young Men

For men in their 20’s “making it” will now be a bit harder because of large increases in their health care payments.

In the News: Chicago Squeezes Residents for Light Sculpture

A new decorative light sculpture in Chicago cost $3.4 million but the money could have been better spent.

In the News: A Makeover for the Cosmetology Board

Cancer survivor wins case to help the sick and elderly find cosmetologists.

In the News: NYC Cracks Down on Convenient Carpooling

New York City officials are cracking down on SideCar, a mobile carpooling app.

In the News: Army: Thanks But No Tanks

The U.S. Army is trying to cut superfluous spending but it continues to purchase a tank it does not want or need.

In the News: Wine Kegs Coming Soon To A Bar Near You?

If Florida strikes down its ban on wine kegs in restaurants and bars, the cost of a glass of vino could drop.

In the News: Big Brother Has a New Face, and It’s Your Boss

Hit the gym or join your friends for happy hour? Your boss’ opinion may factor into this decision and others like it.

In the News: Man Fined For Flying Too Many Military Flags

A $300 fine per day for flag flying?

In the News: Taxi Company Wins Right to Operate in Denver

Catching a cab in Denver may soon be easier and less expensive thanks to a recent ruling from the Colorado Supreme Court.

In the News: Yankees Banish StubHub While Scalpers Operate Freely Near Gates

Recently, the Yankees used New York’s anti-scalping law to keep StubHub from operating near the stadium.

Happy Tax Freedom Day®!

In tribute to Tax Freedom Day®, the Economic Freedom Team has compiled a list of some puzzling sales taxes.

In the News: Georgia Man May Go to Jail for Painting His Barn

A man’s restoration effort may land him in jail or slapped with a fine for violating a ban on roof advertising.

In the News: Retired Veterinarian Not Allowed to Care for Sick Animals

Texas state restrictions are keeping worried pet owners from getting a retired veterinarian’s advice.

In the News: How Margaret Thatcher Brought Economic Freedom to Britain

Margaret Thatcher serves as an inspiration to liberty-loving people everywhere.

In the News: Happy Tax Freedom Day: Where Does Your State Rank?

Happy Tax Freedom Day! More than three months into the 2013, Americans can start keeping their pay checks.

In the News: Fed Up With the Health Care Act, Doctors Increasingly Prefer Cash

Your next trip to the doctor may mean stopping at the ATM.

In the News: Alabama Brings Back Eminent Domain for Private Gain

Alabama home and land owners recently learned that their plans come second to those of the state.

In the News: Best States for Bachelor Parties (and Economic Freedom)

The Mercatus Center has released its annual “Freedom in the 50 States” rankings—including the best state to host a bachelor party.

In the News: California Businesses Fuming Over Retroactive $120M Tax Grab

California decided to retract a tax break for small businesses, hurting innovation and the ability of businesses to create jobs.

In the News: Regulations Starving D.C. Food Trucks

Proposed regulations on Washington, D.C. food trucks may force many out of business.

In the News: “The America That Works”

States across the country are providing reasons to be optimistic about America’s future.

In the News: Senate Budget Tax Plan: Tax Increases Trade Economic Growth for Revenue

Congress is scrambling to pass a budget by March 27th— a task it has not accomplished during the past four years.

In the News: Big Sugar Is Set for a Sweet Bailout

Have a “sweet tooth?” Your sugary treats may soon get a bit more expensive.

In the News: Affordable Care Act May Bite You At The Vet’s Office

Veterinarians across the U.S. anticipate pet health care bills to rise—a cost which will be passed along to pet owners.

In the News: Tax Bite Leaves Flacco Second Best Paid in NFL

Maryland state and local taxes raise Quarterback Joe Flacco’s marginal income tax rate to nearly 52 percent.

In the News: Rent and the Single Girl

The glamour of New York City is something many young adults are willing to make sacrifices to be a part of.

Not Cheap, Not Fair: Crop Insurance Subsidies and the New Farm Bill

Congress is expected to pass a new Farm Bill this year—and with it, an increase in the crop insurance subsidies it pays to farmers. Why is this unfair?

In the News: Mountain Man Fights Local Government to Keep Nature School Natural

It turns out that “all natural” is illegal in some areas of North Carolina.

In the News: Louisiana Forces Homeless Shelter to Destroy $8,000 Worth of Deer Meat

Why did $8000 worth of donated food get destroyed?

In the News: N.Y. Mayor Bloomberg Bans 2-liter Sodas with Pizza Delivery

Pizza parties will soon get more expensive for New York City families, among other repercussions of the soda ban.

In the News: Man Forced to Stop Providing Dieting Advice

Steve Cooksey lost 78 pounds and wanted to help others. But, he was forced to shut down his blog for breaking the law.

In the News: Why Your Boss is Dumping Your Wife

Marriage vows may now read: “Till insurance do us part.”

In the News: The Non-Existent Spending Cuts Wrought By the “Devastating” Sequester

Understanding the sequester is difficult enough—even without politicians squabbling over the automatic spending cuts.

In the News: Why Pacquiao Might Never Fight in the United States Again

Champion boxer Manny Pacquiao may never fight in the U.S. again.

In the News: Before Tying the Knot, Check How Much Higher Your Taxes Will Be

Getting married this year? If so, you certainly have a lot of planning to do! But, have you planned for your taxes to go up?

In the News: Millions Improperly Claimed U.S. Phone Subsidies

Cell phone bills can take a chunk out of your budget in part because you are also paying for other people’s chatting habits.

In the News: North Carolina’s Aggressive Occupational Licensing

North Carolina has one of the most burdensome occupational licensing environments among U.S. states.

In the News: Don’t Be Ashamed College Students, Profit is Not a Dirty Word

Professor Brian Brenberg reminds students that for-profit businesses are helping millions of people around the world rise out of poverty.

In the News: Could a New Approach to Slimming Down Hike Up Grocery Bills?

The FDA’s efforts to help America slim down may add some weight to grocery bills.

In the News: Cutting the Debt is Necessary, But Not Easy

The U.S.’ debt continues to grow at a staggering rate and spending cuts must be made, but the process won’t be painless.

In the News: Beating the H&R Tax Blockers

A court decision striking down IRS regulations means U.S. taxpayers will have more options for tax preparation.

In the News: The Unhappy, Big-Government Feeding 100th Birthday of America’s Income Tax

Happy 100th birthday U.S. Federal Income Tax! Well … not happy for everyone.

In the News: Prince George’s Considers Copyright Policy That Takes Ownership of Students’ Work

In Prince George County, Maryland students and teachers may no longer own the work they create in and out of school.

In the News: Bottom Falls Out of Debt-Ridden City

Irresponsible government spending has lead to a mess of devastating sinkholes for one bankrupted city

Groundhog Day: Living the Same Failed Policies Over Again

Two areas in which the government is repeating the same policies with outcomes that should be easy to anticipate are health care and stimulus spending.

In the News: People Go Where Taxes Are Low

The sunshine isn’t the only reason people are leaving New York for Florida.

In the News: Why the Fed Needs to End “Quantitative Easing”

By artificially increasing the money supply through “quantitative easing”, the U.S. Federal Reserve is contributing to the nation’s anemic economic growth.

In the News: Minnesota Timberwolves Fans Have More Than Basketball to Be Upset About

The NBA’s Minnesota Timberwolves are last in their division, but Minnesotans have something else to be concerned about.

In the News: Shot to Cost Fan $22k in Taxes

When Michael Drysch sunk a half-court shot in a promotion during a Miami Heat game, he won $75,000 … well, almost.

In the News: Pro Golfer Phil Mickelson May Leave US in Response to Tax Hikes

U.S. professional golfer Phil Mickelson’s hours of practice and resulting success on the course have placed him among the top income earners, and he is resistant to parting with his hard-earned money.

In the News: This Metamorphosis Will Require a Permit

Roger Kimball is still living in a temporary residence more than two months after Hurricane Sandy battered the Northeast. Can you guess why?

In the News: New Government Report Backs Car Mileage Tax

With the federal Highway Trust fund anticipated to run out of money this year, the government has proposed a new tax: mileage-based user fees. Click to find out more.

In the News: Runaway Federal Debt Means Our Money Is Worth Less

The U.S. government is funding its rampant spending habit by printing money—causing inflation.

Liberty’s Library

From beginners to experts, our reading guide provides personalized recommendations to help you further your knowledge of liberty.

2013 New Year’s Resolutions for the U.S. Government

Hi Uncle Sam,

This hasn’t been your best year, I’m sure you’ll agree. But fortunately, now is a great time to make some New Year’s resolutions and begin to turn things around.

In the News: A Proud Russian Immigrant Reminds Me Of America’s Genius

Since its founding, people across the globe have chosen to come to the U.S. seeking economic opportunity. But how long will the U.S. remain the land of opportunity?

In the News: The Pennsylvania Liquor Control Board Should Not Pass Go

When the government has a monopoly on a business, only the cronies win. Meet the Pennsylvania Liquor Control Board.

In the News: Investors Face a Cruel Backlash From Ben Bernanke’s Operation Twist

The Fed’s decision coming out of its meeting earlier this month, to continue purchasing long-term bonds in 2013 will likely culminate in rising interest rates and plummeting bond prices, harming investors in general and seniors in particular.

Sweepstakes: 12 Books of Christmas

Looking for some liberty minded reading for over the holidays? Enter our sweepstakes to win one of our “12 Books of Christmas!”

In the News: Uncle Sam’s War on Seniors

While inflation hurts many, two professors explain in an op-ed how seniors, who rely on fixed incomes and savings, suffer most severely.

In the News: America’s Big-Government Problem

In contrast to the Reagan-Clinton era of economic growth and innovation, in the past decade the U.S. has experienced a surge in government size and spending. Click to read more.

Economic Freedom State-Off

Which is freer, California or Pennsylvania? Our new Economic Freedom State-Off game will challenge your knowledge of U.S. States’ economic freedom rankings.

Economic Freedom Heat Map: How Does Your State Rank?

How did your state rank this year in economic freedom? Click to check out our economic freedom heat map and learn how your state compares to the rest of America.

In the News: For Economic Freedom, It’s Still “Go (North)West, Young Man”

Economic freedom in the U.S. has migrated north to Canada, according to the Fraser Institute’s new report “Economic Freedom of North America 2012”.

Economic Freedom of North America 2012

Today, the Fraser Institute released the eighth edition of its annual report, Economic Freedom of North America 2012. For the first time in the report’s history, Canadian provinces have a higher average level of economic freedom than American states. Click to read more.

The Fiscal Cliff: Raising Taxes on Middle-Income Americans

The U.S. is rapidly approaching the “fiscal cliff”—the deadline for when many tax cuts are set to expire.  Should we raise taxes? Not according to Professor Antony Davies.

Let Them Own Land! The Pilgrims’ Story

The Pilgrims struggling to survive at Plymouth Plantation learned the importance of economic freedom first-hand. What can we learn from America’s early settlers?

In the News: Lower Corporate Taxes Would Make Alabama a ‘Sweet’ Home for Business

Alabama is losing its businesses to other states. Professor Scott Beaulier of Troy University explains how lowering the state’s corporate income tax rate could help shrink unemployment and grow Alabama’s economy.

In the News: iPhone 5 Travels 20,096 Miles Before Ending Up in Your Hands

What can the production of an iPhone teach us about the importance of economic freedom? Click to find out!

In the News: 6,125 Proposed Regulations and Notifications Posted in Last 90 Days

In the last 90 days, the federal government has proposed over 6,000 new regulations. How will that affect businesses and job creation?

Tired of Politics?

Sick of all the political rhetoric? Well, take a break and check out some of our best posts from 2011/2012.

In the News: In Monks’ Casket Case, Appellate Court Opinion is ‘Win-Win’ for St. Joseph Abbey

Economic freedom advances in Louisiana. Consumers rejoice!

In the News: Where Did Your Raise Go? It Went to Health Care

Employees are growing more expensive, but wages are not rising. So what’s going on? Click to find out!

In the News: Sweden’s Economic Makeover

The U.S. should embrace more than just Sweden’s iconic Ikea stores. How about fiscal responsibility too?

In the News: Your freedom to resell your own stuff is in peril

This fall , you may lose the freedom to resell your own stuff. Say goodbye to Craigslist, Ebay Inc. and cheaper goods.

In the News: Cronies Playing Venture Capitalist with Taxpayer Dollars

County authorities in Florida use tax payer money to convince two companies to set up shop in their county. Check out this latest story of cronyism.

In the News: Uncle Sam’s $1 Trillion Deficits and a New (Fiscal) Year Resolutions

The US Government has marked its fourth straight year of $1 trillion in deficit spending. Time for a New (Fiscal) Year’s resolution?

Happy Fall – ing in Economic Freedom…

Happy Fall! Unfortunately, this fall we found out that the U.S. has fallen to 18th in the world in economic freedom. Will our quality of life turn with the leaves?

In the News: Why We Should Care About America’s Fading Economic Freedom

The word at the water cooler is that the U.S. has fallen to 18th in economic freedom. So what’s the big deal? Professor Antony Davies of Duquesne University explains in U.S. News & World Report that economic freedom benefits just about everyone. “The conclusion is simple: Economic freedom yields beneficial results. …  data bears out […]

Entrepreneurship at Work: Can’t afford a designer dress? Rent one for $30

Think you can’t afford designer clothes? The times are changing. This is innovation at its best.

What’s So Great About Economic Freedom?

Why do we care about economic freedom? The reasons are so many, that we’ve made an info graphic out of them.

In the News: US drops to 18th most economically free country

Check out this interview with Professor Joshua Hall of Beloit College, one of the authors of the Fraser Institute’s “Economic Freedom of the World: 2012 Annual Report.”

U.S. vs. the World: Compare Economic Freedom Rankings

How does the U.S. compare in economic freedom to other countries? Check out our interactive web application to find out!

Poll: Which country’s economic freedom ranking shocked you the most?

Which is more surprising to you, that the US fell to 18th in its economic freedom ranking, or that the United Arab Emirates ranked 11th? Click to cast your vote!

Does Economic Freedom Encourage Entrepreneurship?

Does economic freedom promote entrepreneurship and growth? Economists Christian Bjørnskov and Nicolai J. Foss explore the answer in the Fraser Institute’s “Economic Freedom of the World: 2012 Annual Report.” Click to read more.

Economic Freedom of the World: 2012 Annual Report

Earlier today, the Fraser Institute released its “Economic Freedom of the World: 2012 Annual Report.” After ranking 2nd in 2000, the U.S. falls to 16th in this year’s report. Click to find out more.

In the News: Is College a Lousy Investment?

The cost of a college education has nearly doubled in the past 12 years! Is a four-year-degree still a worthwhile investment?

In the News: Debt forecast: U.S. will look like Greece by 2021

U.S. debt has passed the $16 trillion mark—that is 40 percent above what the Congressional Budget Office (CBO) predicted for 2012. We’re closer to Greece than we had thought.

With the national debt now at $16 trillion, what does your kid’s future look like?

Using current Congressional Budget Office projections for the national debt, we’ve created a “Lifetime Debt Share Calculator”. How will the national debt affect your future potential?

What’s Your Lifetime Share of the National Debt?

Yesterday the national debt surpassed $16  Trillion. Curious about what that’s going to cost you? Check out our debt calculator to figure out what your share in the national debt is.

Back to School Without Economics?

Fewer than half of all U.S. high schools require students to take an economics class. Unfortunately, economic concepts affect you whether you understand them or not.

Poll: Where does inflation hit you the hardest?

The causes of inflation are very complex, but everyone can see the results: higher prices. Take our poll and let us know where inflation is hitting you the hardest!

 

In the News: Legislating Under the Influence

Studies are pretty conclusive: government monopolies over the sale of alcohol neither decrease consumption nor increase our safety. So why do eighteen states still implement government monopolies?

 

Inflation according to Milton Friedman

If you had to describe inflation in one sentence, what would you say? Check out Milton Friedman’s description!

 

In the News: Fraud and the IRS

What’s worse than paying taxes? How about having your tax money spent in fraudulent ways? Fraud in the IRS is costing U.S. taxpayers top dollar.

In the News: Forbes – To Spread the Wealth, Free the Markets

Steve Forbes offers some insight on why free-markets are moral and a big government isn’t.

In the News: This Free Country Should Be On Your Radar

The Republic of San Marino, a small country embedded in Italy, boasts some of the highest income and employment rates in the world. It also boasts some of the highest levels of economic freedom.

Winners in Ease of Doing Business

Singapore is the easiest country in the world to do business in!

Lighting a Torch for Freedom

The 2012 Olympics in London won’t be decided based on economic freedom, but economic freedom does help economies win in a different way. Residents of countries with higher levels of economic freedom are freer to create, innovate, prosper and live in peace. With economic freedom, everyone wins.

Winners in Free Trade

Singapore takes home the gold medal when it comes to international free trade.

In the News: Milton Friedman and Economic Freedom

This past Tuesday would have been Milton Friedman’s 100th birthday. The Heritage Foundation posted an excellent piece this week highlighting some of Milton Friedman’s ground-breaking work surrounding economic freedom. Read to find out more!

In the News: Go for the Gold! (Pay the IRS)

The U.S. is one of the only countries in the world to tax its citizens for earnings won in international competitions. Just one more example of our broken tax system.

The EconOlympics: Running for Freedom

If there was an Economic Freedom Olympics, what country would take the gold? How about silver? Check out this infographic to find out!

In the News: Fragile Economic Recovery Shows Growing Cracks

Economists are becoming less optimistic about the U.S.’s economic growth. While “sustainable growth” and “long-term growth” have become household terms, many people fail to realize the key ingredient for true long-term growth: economic freedom.

In the News: Public Pensions Are About to Look Less Healthy

The sustainability of public pension plans has long been in doubt, but now it’s looking a lot worse.

In the News: The Morality of Choice

Economic freedom, the freedom to choose and live life according to your own inclinations, has been instrumental in lifting millions out of poverty worldwide. How does economic freedom translate into the health care industry? Read to find out!

In the News: All the Ways Businesses Get Special Treats from the Government

What is the greatest threat to free-market capitalism today? Try crony capitalism, the antithesis of free-market competition.

In the News: The Founders and Modern Challenges

In his latest piece for UPI.com, Antony Davies points out similarities between the challenges our founding fathers faced and those facing our country now.

The Celtic Bust

Ireland’s story presents a lesson to nations across the globe not to let short-term prosperity fool them, but to protect their economic freedom by guarding against government intervention.

New Minimum Wage Further Reduces Economic Freedom in New Mexico

The city of Santa Fe recently set a record by raising its minimum wage to $10.29 an hour, the highest in the nation. But will it lead to real, lasting prosperity?

Every Day is Tax Day

While the income tax is probably the most well-known, many less recognized taxes that affect Americans go unnoticed. In fact, unseen taxes like the ones mentioned here account for more than half of the tax burden that Americans bear.

“I Love Doing my Taxes!” & Other Phrases You’ll Never Hear

The tax code is constantly changing, and it is taking more and more of our time and money to comply with it. How did it get this way?

In the News: The Rise of Mexico’s Middle Class

Due to monetary policies that have provided a more stable money supply and increased freedom of trade which has given Mexicans access to better products at competitive prices, the majority of Mexico’s population has arisen to middle class standing.

In an Economic Freedom Super Bowl, How Would Your State Have Fared?

If the final score of Super Bowl XLVI between the New York Giants and the New England Patriots had been determined by the economic freedom rankings of New York and Massachusetts, who do you think would have won?

Congressional Insider Trading Undermines Impartial Rule of Law

Everyone from congressmen to senators, from Speaker of the House to Minority Leader, is claimed to have engaged in using non-public information or the power of their office directly to make financial gains.

All We Want for Christmas

The Economic Freedom Team asks Santa for just one thing this Christmas. Will their wishes come true?

Why America is in Decline

If we know exactly why American economic freedom is decreasing, we can try to prevent any further decline, and then being working to increase our economic freedom.

Cronyism Car Wreck

Cronyism is great for the companies getting bailed out, and the politicians who get their support. But having your money taken so that a politically well-connected industry can avoid bankruptcy is not nice, especially when it costs tens of billions of dollars.

Crony Christmas

The idea of taxing Christmas trees seems unbelievable, and yet this Christmas that was almost a reality. But what’s at the root of the problem?

Economic Freedom of North America: 2011

The 2011 report on the Economic Freedom of North America reveals a decline in economic freedom in the United States, hindering recovery from the recession.

Profits and Protests: Are the “Occupiers” Correct?

If we want profits to signal value as determined by the people, we need to ensure that a free market system is in place so that the profit and loss mechanism appropriately rewards those who contribute value to society.

Economic Freedom of the World 2011 Report

Unfortunately, the report shows the United States falling in its economic freedom ranking to #10 worldwide —far from its peak at #3 in 2001.

Who are the Joneses?

The popularly referenced fictional family always seems to have just a little bit more than every other family on the block.

In the News: Venezuela to introduce supermarket fingerprinting

Venezuela now fingerprinting supermarket shoppers.

In the News: Neighbor sours on boy’s lemonade stand

Summertime wouldn’t be complete without a nosy neighbor trying to shut down a child’s lemonade stand.

In the News: You work this many hours a week to pay your taxes

You work one day a week solely to pay taxes.

In the News: Two-thirds of Berlin’s tourist flats now illegal

Tourists may have a hard time finding a cheap place to stay.

In the News: British builder hits barriers with his private toll road

Private citizen builds toll road when government fails.

In the News: Hundreds wrongly accused of being illegal cabbies in past year

In the Big Apple, the Taxi and Limousine Commission can seize the car of anyone it suspects of driving an illegal cab.

In the News: How the USDA blew millions on Afghan soybeans

The USDA shipped 4,000 tons of soybeans to northern Afghanistan. The catch? Nobody wanted soybeans.

In the News: France’s absurd new ‘homemade’ law handcuffs restaurants

New French law regulates ‘homemade’ food.

In the News: Of obsolete regulations and post-prohibition haggis

What the United States’ haggis ban can teach us about the workings of government.

In the News: Police cracking down on subway acrobats

The NYPD is looking to turn the city that never sleeps into the city that never dances—on subways, that is.

In the News: DC tour guides win right to talk without a test

Until recently, it was a jailable offense to give tours in Washington, DC, without passing a 100-question test.

In the News: New York City’s soda ban struck down

New York state’s highest court recently ruled against reinstating the Big Apple’s infamous soda ban.

In the News: Report: Food Freedom Under Attack

Our food freedom is under attack.

In the News: The FDA’s unpalatable cheese crackdown

The FDA recently lifted a new ban on the age-old practice of using wooden planks to ripen cheese. But don’t celebrate too fast.

In the News: 8-year-old pastry chef runs thriving baking business

Meet the mini baking mogul who is also a budding philanthropist.

In the News: Sugar fight ain’t so sweet