Latest Posts

October 03, 2017

6 ways economic freedom benefits the global poor

Even most critics admit the free market is the greatest wealth-generating system in history, but they say the poor benefit more from interventionist economic systems. In fact, economic liberty elevates the least well-off in more laissez-faire nations to a better position than those living in unfree economies based on such factors as average income, life expectancy, literacy, and other forms of personal liberty. Continue Reading...
October 02, 2017

5 Facts about federal regulations

Vice President Pence will be giving a speech today emphasizing the importance the Trump administration places on reviewing regulatory policy. Today’s date of October 2 was selected to mark the start of the next fiscal year, when federal agencies will be expected to generate below zero dollars in net new regulatory costs. Continue Reading...
September 29, 2017

Lord Acton on conscience: The light of freedom

In the public imagination, Lord Acton is often restricted to his ubiquitous aphorism about power and corruption. This is a pity, as the nineteenth century essayist, historian, and parliamentarian held wide-ranging views about liberty as well-developed as they were penetrating. Continue Reading...
September 29, 2017

Why is health insurance so complicated?

Car insurance and life insurance are rather simple. So why is health insurance so complicated? And why can’t it be more like other forms of insurance? Lanhee Chen, a fellow at the Hoover Institution, explains what make health insurance so different—and so complex. Continue Reading...
September 29, 2017

The cultural connection between economics and belief

Is there a connection between economics and belief? In a recent Karam Forum lecture for the Oikonomia Network, theologian Jay Moon uses a Perplexus ball to explain the overlapping influence and impact of distinct cultural spheres — what anthropologists call the “functional integration of culture.” Continue Reading...
September 28, 2017

How do Western nations rank on economic freedom?

The Fraser Institute released its annual “Economic Freedom of the World” report this morning. The free market think tank rates every nation based on its “degree of freedom in five broad areas”: Area 1:Size of Government—As spending and taxation by government, and the size of government-controlled enterprises increase, government decision-making is substituted for individual choice and economic freedom is reduced. Continue Reading...