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.
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.
Absurd and Ridiculous, But Real Taxes
Feelings of dread, irritation and anxiety descend upon us as we scramble to prepare and file our tax returns. To lighten the mood, we’ve compiled a list of some of the more absurd taxes levied today.
Simplifying the Tax Code
Paying taxes can be tough – it’s complex, time consuming and often frustrating. Here’s how we can simplify it.
“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?
Robbing the Future
When the government deficit spends, it isn’t giving us money. It’s taking money from our children and giving it to us now. Watch the video here.
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.
Does Government Spending Create Economic Growth?
If you knew a dollar invested in something would wind up losing more than a dollar, would you consider that a good investment? The government does just that when it starts spending taxpayer and borrowed money.
Public Pension Crisis: The Solution
With a public pension crisis looming, what should we do? Tweaking isn’t enough: it’s time for reform. Scott Beaulier explains.
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.
Absurd and Ridiculous, But Real Taxes
Feelings of dread, irritation and anxiety descend upon us as we scramble to prepare and file our tax returns. To lighten the mood, we’ve compiled a list of some of the more absurd taxes levied today.
“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.
What Can We Learn From Greece?
If Americans want to take a different path than Greece, we must stop our current slide and work to ensure that our people and our businesses have their economic freedom protected.
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?
So, Is That My Corn or Yours?
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?
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: 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 the News: A slow-growth America can’t lead the world
The Wall Street Journal published an op-ed this week highlighting the need for economic freedom and financial responsibility. Read more here.
In the News: Op-Ed on Economic Freedom Featured in Huffington Post
“[I]t is important to remember the fundamental truth of economic life: Markets work.”
Simplifying the Tax Code
Paying taxes can be tough – it’s complex, time consuming and often frustrating. Here’s how we can simplify it.
Robbing the Future
When the government deficit spends, it isn’t giving us money. It’s taking money from our children and giving it to us now. Watch the video here.
Does Government Spending Create Economic Growth?
If you knew a dollar invested in something would wind up losing more than a dollar, would you consider that a good investment? The government does just that when it starts spending taxpayer and borrowed money.
Public Pension Crisis: The Solution
With a public pension crisis looming, what should we do? Tweaking isn’t enough: it’s time for reform. Scott Beaulier explains.
Public Pension Crisis: The Problem
Watch as Scott Beaulier from Troy University breaks down the situation with public pensions and explains why the current system of public pensions is unsustainable and needs reform.
The 535: Comparing Economic Power
Though there is often much focus on the richest private individuals in the United States, the U.S. Congress actually has far more economic power.
Economic Freedom & Income Equality
What if we had an “opportunity society” where poor people could become middle-income and rich, and even own their own businesses?
Who Are the 1%?
The distinction between the 99% and the 1% assumes that there is a ruling class that is permanently in place, but this view is completely inaccurate. It misses the story of income mobility.
Cronyism in America
Protesters are rightly angry that big corporations and big government are working together to benefit at the expense of everyone else. In this video, three professors discuss the causes and solutions to Cronyism in America.
How to Create a Job: Creating Value, Not Just Work
With unemployment still above 9 percent, Americans are searching for answers that will lead to quality, lasting jobs. Past failures of jobs programs show that addressing the symptom instead of the disease has yet to lead to real job growth. Watch this video to learn more.
Episode One: Economic Freedom & Quality of Life
Across the globe, the societies that have the best quality of life are those with the highest levels of economic freedom. From lower unemployment to better-protected civil rights and cleaner environments, economic freedom is vital to improving the well-being of society, especially for the most vulnerable.
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