For more than 25 years, the North American Free Trade Agreement (NAFTA), which built the continent into one of the most efficient and competitive trade blocs in the world, has been the law of the land. On July 1, rules for trade in North America will change with the United States-Mexico-Canada Agreement entering into force. USMCA … Continue reading USMCA Marks New Chapter for North American Trade
Category: World
In its release of recommendations on how to spur the fastest and most complete rebound from the coronavirus pandemic, The Heritage Foundation’s National Coronavirus Recovery Commission emphasized the importance of economic freedom and the free-market system: In all of history, there has been no better model than that of free markets in lifting people out of poverty and … Continue reading American Leadership on Economic Freedom Needed Now More Than Ever
Kazakhstan recorded the fifth-largest gain in economic freedom of any country in the world over the past year, according to The Heritage Foundation’s 2020 Index of Economic Freedom. The country’s score (69.6 on a 0-100 point scale) puts it on the threshold of earning the index’s coveted “mostly free” designation. Ranked as having the 39th-freest economy … Continue reading Kazakhstan’s Investment in Economic Freedom Pays Dividends
Chinese influence in the United Nations and its affiliated international organizations has been expanding significantly over the past decade. China watchers long have hoped that the communist nation’s integration into the international system would “normalize” China. They hoped China would come to appreciate the value of observing international rules and norms and become freer economically and politically. … Continue reading Chinese Leadership Corrupts Another UN Organization
The annual two-week meeting of the U.N. Commission on the Status of Women was supposed to kick off this week, flooding Turtle Bay in Manhattan with feminists and advocates of every stripe. The event draws delegates from around the world and thousands of representatives from nongovernmental organizations to New York each March to discuss issues … Continue reading Pro-Life Women Can’t Let UN Commission Distort Women’s Rights
There is plenty of anecdotal evidence that communism leads to tyranny. Mention the countries North Korea, Cuba, the Soviet Union, Mao Tse Tung’s China, East Germany, and Venezuela, and most people immediately think of an oppressed population with almost no economic opportunity and no political freedom. The words communist dictatorship roll off the tongue like … Continue reading Why Socialism Often Leads to Tyranny
This autumn will mark 30 years since Margaret Thatcher departed 10 Downing Street as the first woman and longest-serving British Prime Minister of the 20th Century. What an amazing tenure it was! A "Do-It-Yourself" Vision In 1979, the Iron Lady assumed the premiership of a country riven with labor strife, racked by stagflation and run … Continue reading Margaret Thatcher on Socialism: 20 of Her Best Quotes
One of Bernie Sanders’ organizers, Kyle Jurek, wants you to believe that Soviet gulags were not so bad. If Sanders gets elected, Jurek assures us reeducation gulags are coming to America for Trump voters and others opposed to Sanders’ socialist agenda. Jurek is no better than a Holocaust denier. Around 3 million people died in … Continue reading Bernie Sanders’ Staffers Don’t Know the Dark Side of Soviet History
China’s economic growth has been slowing down, but it was slowing down before President Donald Trump entered the White House, and it will continue to slow down, regardless of whether the U.S.-China trade dispute continues or not. Supporters of the administration’s trade policy often cite the decline in China’s largest stock market, the Shanghai Stock … Continue reading China’s ‘Economic’ Losses Aren’t Because of US Trade Success
Venezuela’s inflation may hit 1 million percent by the end of the year, the International Monetary Fund announced in July. This incredible hyperinflation is reminiscent of Weimar Germany during the years immediately after World War I, in which wheelbarrows full of cash were required to buy bare essential items, like a loaf of bread. To counter the … Continue reading Inflation to Hit 1 Million Percent in Collapsing, Socialist Venezuela
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