How Heritage Fights Against Cronyism and for Free Enterprise

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In Heritage Impact

Welcome to the world of cronyism—the costly, unseemly system that allows politicians and lobbyists to break the trust of the American people without breaking a single law. Favors are traded, the system is gamed and hard-working U.S. taxpayers are left to foot the bill.

Heritage is working on your behalf to highlight this insidious link and give you and your fellow taxpayers a voice against cronyism. Continue Reading »

Video: Jim Talent Explains China’s Threat to America

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In Heritage Impact

In remarks at The Heritage Foundation Monday, former Sen. Jim Talent (R-MO) explained the military threats posed by China and how the United States can respond to this aggression.

His remarks were part of the annual B.C. Lee Lecture, an annual event focusing on U.S.-Asia relations. The lecture is named in honor of the late B.C. Lee, the founder of Samsung and a generous sponsor of the Heritage Foundation.

Previous B.C. Lee lectures have been delivered by Henry Kissinger, Jesse Helms, Donald Rumsfeld, Colin Powell, Condoleezza Rice, Joe Lieberman, Ed Royce and many others.

How Heritage Turns Your Conservative Policy Ideas into Reality

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In Heritage Work

A core mission of The Heritage Foundation is to generate ideas for policies based on your conservative principles. But ideas don’t change the world on their own.

If we want to make this country free, safe, and prosperous, then we need to make conservative ideas part of everyday life, Heritage experts Jen Marshall, Derrick Morgan, and Jim Carafano said last week at Heritage’s President’s Club Meeting.

The process of making your principles a reality involves three steps: Continue Reading »

Why Liberals Who Believe in a ‘Living’ Constitution are Wrong

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In Heritage Impact

Federal judges have become collaborators with a liberal agenda that undermines the Constitution and tramples the rights of Americans, a panel of experts said at The Heritage Foundation this week.

Liberals often argue for a “living Constitution” whose meaning evolves with time. But this view undermines key limitations on government power that are written into the Constitution itself, said Clark Niely III, an attorney at the Institute for Justice:

We don’t have a living constitution, we have a dying constitution. The 10th amendment – on life support. The idea of federalism and enumerated federal powers – almost meaningless because the Supreme Court won’t enforce it. The contract clause – dead. The privileges or immunities clause of the 14th amendment – dead. The 5th amendment’s public use provision – dead.

As Heritage scholar and former Attorney General Ed Meese has said, “the only living Constitution is one that’s followed.”

Do you agree with Niely and Meese? Should the text of the Constitution be followed as written, or is its meaning open to reinterpretation? Watch the whole video above and tell us what you think in the comments.

We Need Less Government in the Housing Market, Not More

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In Heritage Work

The federal government should be less involved in the housing market moving forward, Heritage Foundation experts Norbert Michel and John Ligon argue in a new report on housing finance and free enterprise.  The authors go on to explain,

Free markets promote affordable housing, but the federal government has increasingly intervened in housing finance for decades. Housing finance reform will be successful only if policymakers recognize the flaws of previous interventionist policies and embrace the basic principles inherent in a free market.

They argue for a housing policy “that promotes individual economic freedom and affordable homeownership,” and lay out five policies to achieve that goal: Continue Reading »

Here’s the One Thing That Will Lower Gas Prices, Create Jobs, and Boost the Economy

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In Heritage Work

Heritage Foundation expert Nicolas Loris explains how opening energy markets “would create more opportunities for Americans, promote economic prosperity at home and abroad, and improve political situations around the world.”

He specifically looks at natural resources including coal, natural gas, and oil.

He says:

Expanding market opportunities for energy exports will not just benefit energy companies. By opening the door to establishing more efficient global oil markets, all Americans will reap the benefits of lower prices, more jobs, and a stronger economy. Freely trading energy will not only increase prosperity around the world, but also bolster U.S. national security by diversifying supplies in the global market.

He suggests three policy solutions:

  1. Lift natural gas export barriers.
  2. Remove the crude oil export ban. 
  3. Prevent threats to coal exports

Read the Backgrounder and tell us: Do you think a free-market energy policy will benefit the United States economy?

The Ex-Im Bank Is ‘Primarily a Marriage Between Big Government and a Few Big Businesses’

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In Heritage Work

“Note the ‘unknown’ section. This isn’t a fluke: Ex-Im routinely loses track of whom they’ve been helping.” -Heritage Foundation President Jim DeMint

Ending the Export-Import Bank is important, Heritage Foundation President Jim DeMint writes:

Ex-Im is rife with corruption, doesn’t promote competition, costs taxpayers billions of dollars and threatens American jobs.  It’s all about politically connected big businesses getting bigger with help from Uncle Sam. It’s not fair, not necessary, and shouldn’t be a hard decision for Congress.

The Export-Import Bank will end in September if Congress does not reauthorize the program. Liberals like Sen. Chuck Schumer (D-NY) are pushing hard to extend it.

Read more of Heritage’s research on the Ex-Im Bank here.

Do you think Congress should continue the Export-Import Bank or allow it to end?

How One Small Country Uses Heritage’s Index of Economic Freedom to Make the Case for Free Enterprise

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caboverde

The Heritage Foundation’s Charlotte Florance, Cabo Verde Prime Minister José Maria Neves, and Heritage’s Anthony Kim pose with the 2014 Index of Economic Freedom

A small island country off the coast of Africa is using The Heritage Foundation’s Index of Economic Freedom to guide its economic policies.

Heritage expert Anthony Kim reports the positive results:

Cabo Verde’s economic freedom score is 66.1, making its economy the 60th freest in the 2014 Index—The Island economy is ranked 3rd out of 46 countries in the Sub-Saharan Africa region, and its overall score is higher than the global and regional averages.

Over the 20-year history of the Index, Cabo Verde has advanced its economic freedom score by 16.4 points, a top 20 improvement. The overall increase has been broad-based in seven of the 10 economic freedoms including trade freedom, financial freedom, the management of government spending, and freedom from corruption, scores for which have improved approximately 25 points or more.

Kim and Charlotte Florance visited Cabo Verde recently to meet the country’s prime minister, José Maria Neves. Kim and Florance were interviewed and featured on the country’s major news outlets, reporting the good news about the country’s upward economic status:

Achieving its highest economic freedom score ever in the 2014 Index, Cabo Verde has advanced well into the ranks of the “moderately free.” While moving toward higher levels of economic freedom, it has made considerable progress in income growth and poverty reduction. The government continues to support policies that promote free trade and open markets.

The Index, produced in conjunction with the Wall Street Journal, measures how 178 countries around the globe stack up on eight key factors that influence economic freedom.

Have you traveled to any countries that rank poorly on economic freedom? Tell us what it was like in the comments.

Kudlow Credits Heritage on Ex-Im Bank Fight

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In Heritage Impact

Economist and CNBC contributor Larry Kudlow credited The Heritage Foundation with leading the fight to end the Export-Import Bank:

Heritage’s Diane Katz explains how the Ex-Im Bank threatens American jobs. The bank, she explains, hurts “domestic companies that are left to compete against foreign firms bankrolled by the U.S. government.”

Why Some States Are Doing Better Economically

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In Heritage Work

Stephen Moore

Stephen Moore. Photo: Willis Bretz

Low-tax states are outperforming their high-tax counterparts in business growth, job growth, income growth, and population growth.

That’s according to a panel of experts including Heritage Foundation Chief Economist Stephen Moore, economist Arthur Laffer, investor Rex Sinquefield, and tax advocate Travis Brown. They held an important discussion today at Heritage detailing the results of their new book, An Inquiry into the Nature and Causes of the Wealth of States.

Their quantitative research shows the fluidity of wealth and how it’s moving from states with the highest tax burdens to the states with lower tax burdens. Continue Reading »

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