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

Fingerprinting

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.

Brandenburg gate

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

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

Road

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

Private citizen builds toll road when government fails.

Taxi

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.

Soybeans

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.”

Ratatouille

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

New French law regulates ‘homemade’ food.

Scottish man in kilt

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

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

Fingerprinting

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.

Brandenburg gate

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

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

Road

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

Private citizen builds toll road when government fails.

Taxi

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.

Soybeans

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.”

Ratatouille

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

New French law regulates ‘homemade’ food.

Scottish man in kilt

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

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

New York City Subway Sign

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.

Tulips Washington, D.C.

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.

Soda

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.

Soccer goal

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.

Expanding health insurance doesn’t address real problem: High costs

Expanding health insurance to more patients exposes them the inflated prices of today’s convoluted insurance system.

Colorful cupcakes

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

Colorful cupcakes

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.

Souvenir Vendor

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.

Barber

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?

Texas Stamp

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.

Boy and vaccine syringe

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.

Medicaid Expansion

Infographic: Medicaid Expansion

How will Medicaid expansion impact you?

Light bulb

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.

Chili Peppers

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.

Internal Revenue Service building

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.

3D Printer

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.

Patent Pending Stamp

In the News: Patently absurd

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

Tulips

In the News: Duplicative government programs

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

doctor giving patient cash

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.

cows

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.

Camel

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.

Consumer Bans

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

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

Destroying yellow house

In the News: Eminent domain fails again

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

Bitcoin

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.

Marriage, Groom and Bride

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

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

80s Cell Phone

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.

Container Ship

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.

Roses

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.

Olympic Torch

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.

Glasses of beer

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

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

Football on fifty yard line

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.”

Hollywood Blvd street sign

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.

Spiraling money pit

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.

Taxi

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.

Infant check-up

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

Karate class

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.

Businessman throwing money

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 World Map

Economic Freedom Interactive Map

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

U.S. Army Soldier Boots

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.

Crony Claus Drones

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.

Fantasy Football

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.

Mistletoe wreath

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.

San Francisco Skyline

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.

melted fudge

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.

Cherry pie

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.

Venezuelan Bolivar Currency

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.

Soccer goal

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.

Graveyard

The Entrepreneur’s Nightmare

Being an entrepreneur is scary,and most entrepreneurs find their biggest foe in the government.

Carpentry

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.

U.S. Army Soldier Boots

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.

Jack-o-lanterns

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.

Tulips Washington, D.C.

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.

US Capital Building

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.

Mayan Calendar

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.

Sunset Georgia Island

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.

United States vs. World

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!

Empty toilet paper roll

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!

Mother and baby

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.

Wine glasses

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 World Map

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?

Greek yogurt

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.

Baby chickens

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.

Businessman throwing money

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.

Seniors affected by inflation

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?

guy playing video games

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.

Cherry pie

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.

Birthday Cake

“There’s no such thing as a free lunch” and other Friedman-isms

We’d like to honor Professor Friedman on his birthday by noting a few of our favorite “Friedman-isms.”

Dominican Republic Presidential Palace

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

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

Professional Golfer

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.

Glasses of beer

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.

Detroit abandoned factory

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

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

Magician and rabbit in hat

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.

United States

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.

Ice cream

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.

The Pentagon

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.

Car

In the News: Horseless Carriages to Driverless Cars

Soon, cars may drive you to work.

College Graduation

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.

Little girl in pink

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

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

Airport car rental

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.

Interns applying for job.

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.

Barbecue Ribs

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.

Boulders

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.

Raisins

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.

Congress Capitol Dome

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.

Convict behind bars

In the News: New Jersey Convicts Received Unemployment Benefits

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

Glass of milk

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?

Airplane taking off

“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.

Manhattan Skyline

In the News: A Barrier to Your Bed and Breakfast

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

Bacon

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.

Glasses of beer

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.

Cleaning supplies

A Great American Tradition: Spring Cleaning

The federal government could also use a good scrub-down.

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.

Chicago night skyline

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.

manicure for senior

In the News: A Makeover for the Cosmetology Board

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

Carpool Sign

In the News: NYC Cracks Down on Convenient Carpooling

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

Tank

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.

Wine Glass

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.

Woman eating unhealthy food

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.

American Flag

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

A $300 fine per day for flag flying?

Taxi

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.

Ticket Box office

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.

Hot air balloons

Happy Tax Freedom Day®!

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

Old barn

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.

Puppy at vet visit

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.

Margaret Thatcher quote

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

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

United States

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.

doctor giving patient cash

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.

Destroying yellow house

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.

Economic Freedom in the 50 States Mercatus

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.

taxes

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.

Owner in front of food truck

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

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

United States

In the News: “The America That Works”

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

Congress Capitol Dome

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.

Candy

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.

Puppy at vet visit

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.

Football on fifty yard line

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.

woman in NYC

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.

Farmland

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?

camp in the wilderness

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.

Reusable Grocery Bags

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

Why did $8000 worth of donated food get destroyed?

Mother at pizza party

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.

Squeezing money

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.

Cake topper

In the News: Why Your Boss is Dumping Your Wife

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

Sequestration seals

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.

boxing gloves

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.

Marriage, Groom and Bride

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?

cell phone

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.

Piles of Regulations and Paperwork

In the News: North Carolina’s Aggressive Occupational Licensing

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

Pineapples

Economic Freedom Tastes Like Pineapples and Black Pepper

Exotic foods—expensive to produce and difficult to transport—used to be a privilege of the wealthy. How has economic freedom changed that?

Interns applying for job.

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.

Calculating budget

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.

Internal Revenue Service building

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.

taxes

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.

Runners at the track

“Pro-Business” or “Pro-Market”? And What’s the Difference?

Surprising as it may seem, “Pro-business” does not necessarily mean “pro-market.”

School boys working together

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.

Spiraling money pit

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

Ground Hog Day

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.

Florida Roadsign

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.

Basketball with money

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.

Basketball scoring

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.

Professional Golfer

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.

Rejected Stamp_Licenses

Do You Have a License for That?

What do teeth whitening in Connecticut, hair shampooing in Tennessee, and interior designing in Florida have in common? They’re all licensed occupations. Incredible, but true. Click to read more!

Hurricane Sandy Wreckage

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?

Gas Tax

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.

U.S. Spending and Inflation

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

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.

News

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?

Wine Glass

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.

Operation Twist

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

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!”

Seniors affected by inflation

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.

Post Office Mail Box

Stamping Out Waste

Why isn’t the USPS making innovations and meeting customer needs like Outbox? Simple: because consistent financial support from the government eliminates incentives to do so.

Big Government

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.

Top Consumer Bans

When the Government Prohibits for Your Own Good

How would you feel if someone tried to tell you what foods you could eat, what products you could purchase, or how you could spend your free time? Sound like something from George Orwell’s 1984? Well, it’s actually a description of what is happening in the U.S. today.

State-Off

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.

USA and Canada Going Separate Directions in Economic Freedom

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

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.

Fiscal Cliff: Raising Taxes on Middle-Income Americans

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?

Alabama Sign

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.

cell phone

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!

Piles of Regulations and Paperwork

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?

Cat_tired of politics

Tired of Politics?

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

Coffin and Casket Maker

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!

Swedish Money

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?

For Sale

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.

Cronies and Cronyism

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.

USA and Canada Going Separate Directions in Economic Freedom

Lessons in Spending, Regulations and Debt from our Northern Neighbor

Canada is now ranked 13 spots ahead of the U.S. in economic freedom. As Canada pursues policies that involve less government spending and regulations, the country as a whole benefits.

The US Chained in Debt and Deficit Spending

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?

Fall graphic, our economic freedom is also falling.

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?

Man at Water Cooler Listening About the U.S.'s Fall in Economic Freedom

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 […]

News

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.

How Well Do You Know the Constitution?

When was the last time you read the Constitution? Today is the perfect day to refresh your memory, and we’ve provided some resources to help along the way.

News

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!

News

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!

News

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.

News

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.

News

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!

News

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.

The Supreme Court and Economic Freedom

How do U.S.  Supreme Court decisions affect our economic freedom? It may not be as obvious as new taxes or regulations, but the effects still have far-reaching consequences. So here are five Supreme Court decisions that every freedom lover should know about.

News

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.

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?

News

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.