Importance of economic freedom explained in Wichita

Yesterday Robert Lawson appeared in Wichita to deliver a lecture titled “Economic Freedom and the Wealth and Health of Nations.” The lecture explained how Lawson and his colleagues calculate the annual “Economic Freedom of the World” index, which ranks most of the countries of the world in how the “policies and institutions of countries are supportive of economic freedom.” The conclusion is that economic freedom is a vital component of well-being, income, health, and both personal and political freedom. Continue reading Importance of economic freedom explained in Wichita

Obama’s tax increase on tires

There’s a reason why some news is released on Friday night. Those making the news hope it won’t be noticed.

That’s probably why the Obama Administration waited until then to inform the country that it was imposing a tariff on tires imported from China. This tariff will probably protect some American jobs, but it will increase the cost of tires. Continue reading Obama’s tax increase on tires