100 Years of Socialism Summed Up in 100 Seconds

By Mateus Kadesh – Re-Blogged From iPatriot

Daniel Hannan is a brilliant MP (Member of Parliament) in the European Union from the United Kingdom. He is a conservative thinker who has used his quick wit and superior intelligence to thrash many leftists who attempt to defend the indefensible (mainly liberalism).

In a short video for Russia Today’s online network Hannan takes less than 2 minutes to explain why socialism is the most detrimental idea to have taken root in the last century.

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America’s Economic Freedom Has Declined Rapidly Under Obama

By Anthony B Kim – Re-Blogged From The Heritage Foundation

Millions of people around the world are emerging from poverty thanks to rising economic freedom. But by sharp contrast, America’s economic freedom has been on a declining path over the past decade.

America’s declining score in the index is closely related to rapidly rising government spending, subsidies, and bailouts.

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What Killed Economic Growth?

By Jeffrey Tucker – Re-Blogged From FEE: The Foundation for Economic Education

Debating why the economy is so sluggish is an American pastime. It fills the op-eds, burns up the blogosphere, consumes the TV pundits, and dominates the political debates.

It’s a hugely important question because many people are seriously frustrated about the problem. The recent popularity of political cranks and crazies from the left and right — backed by crowds embracing nativist and redistributionist nostrums — testify to that.

Sometimes it’s good to look at the big picture. The Economic Freedom of the World report does this with incredible expertise. If you believe in gathering data, and looking just at what the evidence shows and drawing conclusions, you will appreciate this report. It sticks to just what we know and what we can measure. The editors of the report have been doing this since 1996, so the persistence of the appearance of cause and effect is undeniable.

The report seeks measures of five key indicators of economic freedom: security of property rights, soundness of money, size of government, freedom to trade globally, and the extent of regulation. All their measures are transparent and heavily scrutinized by experts on an ongoing basis. If you question how a certain measure was arrived at, you are free to do so. It’s all there, even the fantastically detailed data sets, free for the download.

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New Project Makes Theories and Writings of Legendary F.A. Hayek Accessible to New Audiences

By Donald Boudreaux & Jason Clemens – Re-Blogged From the Fraser Institute

A new book, supported by a website and animated videos, makes the ideas of Nobel laureate economist F.A. Hayek easily accessible for a new generation.

Published by the Fraser Institute, the Essential Hayek book and website are being released five years after Hayek’s classic 1944 book, The Road to Serfdom, unexpectedly rose to Number 1 on the Amazon best-seller list.

Hayek, who died in 1992, has long been considered one of the most influential thinkers of the 20th century and his work still resonates with economists and scholars around the world today.

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2014 Index of Economic Freedom

cropped-bob-shapiro.jpg   By Bob Shapiro

The Heritage Foundation and The Wall Street Journal look at a series of indicators to help them evaluate an Index of Economic Freedom for each country. These indicators include:

  • Business Freedom
  • Trade Freedom
  • Fiscal Freedom
  • Government Spending
  • Monetary Freedom
  • Investment Freedom
  • Financial Freedom
  • Property Rights
  • Freedom From Corruption
  • Labor Freedom

In the 2014 report, top ranked Hong Kong earned a rating of 90.1,

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