Economic Freedom

Economic freedom is the fundamental right of every person to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state.

HIGHLIGHTS

  • Trade Policy in 2012 Elections Trade Policy in 2012 Elections

    Issues 2012 provides candidates for elected office the ability to quickly identify the key issues of the day and present clear policy recommendations, supported by facts, for addressing them. Read More.

  • 2012 Index of Economic Freedom 2012 Index of Economic Freedom

    For over a decade, The Wall Street Journal and The Heritage Foundation have tracked the march of economic freedom around the world with the influential Index of Economic Freedom. Read More.

  • Restoring the U.S. to a Free Economy Restoring the U.S. to a Free Economy

    In 2010, for the first time ever, the United States has fallen from the ranks of the economically “free” as measured by the Index of Economic Freedom, published annually by The Heritage Foundation and The Wall Street Journal, falling below the cutoff that earns countries the right to call themselves “free.” Read More.

Our Research & Offerings on Economic Freedom
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  • Backgrounder posted August 1, 2001 by Sara Fitzgerald The Effects of NAFTA on Exports, Jobs, and the Environment: Myth vs. Reality

    The North American Free Trade Agreement (NAFTA), which the United States implemented with Canada and Mexico in 1994, has benefited Americans substantially, according to U.S. government data. It has increased exports, expanded U.S. agriculture, improved environmental standards… Read more

  • Backgrounder posted May 24, 2004 by Ana Eiras Why America Needs to Support Free Trade

    Free trade is again under attack, despite having been, for over a century, the basis of America's wealth. Some groups in the United States blame free trade for the loss of manufacturing jobs, while others… Read more

  • Economic Freedom Project Report posted October 24, 2000 by Denise Froning, Edited Ana I. Eiras Los Beneficios del Libre Comercio: Guía para los Hacedoresde Políticas Públicas

    El comercio internacional es el marco dentro del cual se encuadra la prosperidad de Norteamérica. Las políticas de libre comercio han creado un nivel de competencia dentro del mercado abierto actual que origina una constante innovación y da lugar a productos de calidad superior, empleos mejor remunerados, nuevos mercados y mayor volumen de… Read more

  • Backgrounder posted January 24, 2011 by James Roberts How Western Environmental Policies Are Stunting Economic Growth in Developing Countries

    Abstract: Governments and large agribusinesses are increasingly using the environmentalist movement and its policy arm of green nongovernmental organizations to justify imposing protectionist non-tariff barriers on developing countries. Wrong-headed environmental policies and “green” protectionism are contributing to a resurgence of malaria in some countries… Read more

  • Backgrounder posted November 10, 1994 by John Sweeney Why the Cuban Trade Embargo Should Be Maintained

    Introduction With the end of the Cold War and collapse of the Soviet Union, there has been a growing chorus of cries for the United States to lift the economic embargo on Cuba. This chorus has included even such responsible anti-communist voices as those of former President… Read more

  • Lecture posted December 9, 2003 by Ana Eiras Ethics, Corruption, and Economic Freedom

    The subject of ethics has increasingly been present in economic analysis,1 although not without considerable debate. Some economists believe that the importance of economics is purely technical. Others believe that moral considerations in economic analysis provide a more accurate picture of possible outcomes since it takes into consideration the human aspect of… Read more

  • WebMemo posted October 5, 2011 by James Roberts, Derek Scissors, Ph.D. Corruption in India: More Government Is Not the Solution

    Protesters took to the streets throughout India in the summer of 2011, demanding the establishment of a powerful new anti-corruption watchdog agency. In the aftermath of numerous high-profile corruption cases, the demonstrators’ wrath and intensity are understandable. Their demands, however, are misdirected. Adding yet another agency to… Read more

  • WebMemo posted April 22, 2010 by James Roberts Cronyism and Corruption Are Killing Economic Freedom in Argentina

    Argentina’s ranking in The Wall Street Journal/Heritage Foundation’s Index of Economic Freedom—now 135th out of the 179 countries ranked in the Index—has declined steadily in the seven years since President Cristina Fernández de Kirchner and… Read more

  • Commentary posted January 16, 2012 by Edwin Feulner, Ph.D. Top Ten, But Falling

    If you were to rank the countries of the world in terms of economic freedom, where would the United States fall? First, or at least in the top three? The top five, surely. Because there is, in fact, a resource that ranks every country by this measure… Read more

  • Backgrounder posted June 21, 2010 by James Roberts World Bank’s Palm Oil Development Strategy Should Focus on Economic Freedom

    Abstract: In ongoing campaigns against the expansion of the palm oil industry in developing countries, non-govern­mental organizations (NGOs) and environmental groups claim that palm oil production destroys tropical rainforests and threatens wildlife. In truth, a major motivation for… Read more

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Find more work on Economic Freedom