I prefer the Fraser Institute’s Economic Freedom of the World over the Heritage/WSJ Index of Economic Freedom, not because I’m an expert on the methodology of the two publications, but for the simple reason that I assume Economic Freedom of the World must be slightly more accurate because, unlike the Heritage Index,  it showed the […]

The world is a laboratory and different nations are public policy experiments. Not surprisingly, the evidence from these experiments is that nations with more freedom tend to grow faster and enjoy more prosperity. Nations with big governments, by contrast, are more likely to suffer from stagnation. The same thing happens inside the United States. The […]

The South Los Angelos City Council is not satisfied with the culinary choices of the people of South Los Angelos. While consumers have been voting one way with their wallets, the City Council has voted to use government force to override their preferences. How many fast food eateries does one area really need? The Los […]

The title of this post may be a slight exaggeration. I actually recommend you read the entire two-page paper by Devon Herrick of the National Center for Policy Analysis. But this chart from that study is an excellent visual display of what’s wrong with the health care system. You can see that the price of […]

Thanks to the folks at the Mises Institute, Professor George Selgin of the University of Georgia (!) has a superb presentation on the failings of the Federal Reserve. George was one of my professors at George Mason University back in the 1980s and is one of the world’s experts on competing currencies. This video is […]

A paper posted on the Social Science Research Network looks at nations that are prospering compared to those that are stagnating. Not surprisingly, limited government and free enterprise policies are associated with better economic performance. Here’s an excerpt from this new research. What can we conclude about the effect of various policies on economic growth? […]

The Center for Freedom and Prosperity Foundation is announcing a free market video contest, with a grand prize of $1,000 available for the video that best promotes free markets, limited government, and individual liberty. CF&P specifically encourages students to participate, but entries from individuals of any age will be accepted.

Christina Hoff Sommers of the American Enterprise Institute decimates the bean-counting feminist “paycheck fairness” legislation being considered by the Senate. Republicans presumably know this is a bad idea, but one can only wonder whether they will do the right thing and block this initiative that at best will be a boon for trial lawyers and […]

I don’t know if this is hope or change, but the United States fell from 2nd to 9th in the Forbes index of “Best Countries for Business.” Denmark is first, which may be a surprise, but the Scandinavian country is very free market other than fiscal policy. Hong Kong, meanwhile, enjoyed the biggest increase. The […]

In a free society, people obviously should be free to join unions and companies should be free to negotiate with unions. But that also means that companies should be free to resist union demands and hire non-union workers. There is no right or wrong in these battles, just as there is no right or wrong when McDonald’s […]