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Unemployment Benefits: No Free Lunch
Would spending more money on unemployment benefits create jobs? The Congressional Budget Office (CBO) thinks so.
According to a new CBO report, extending the current 73 weeks of unemployment insurance (UI) benefits would lead employers to create 300,000 new jobs.
This seems highly implausible. Economists widely agree that UI causes workers to spend more time unemployed.
FIND OUT WHY THE CBO REPORT IS FLAWED >>
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Understanding American Prosperity
If there is one outcome of liberty that makes possible all the rights Americans hold dear, it is prosperity. Prosperity gives us the chance to thrive and enjoy the blessings of liberty. Its precondition is economic freedom, the ability to profit from our own ideas and labor as we choose. Not only Americans but all people enjoy a right to economic freedom and the prosperity it brings. No authoritarian government has ever succeeded in delivering prosperity to successive generations. Only societies that embrace open markets, the rule of law, and democracy have seen more people prosper beyond the privileged few.
LEARN MORE ABOUT THE "WAY TO PROSPERITY" >> |
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Farm Subsidies Hurt the Poor
Got milk? The European Parliament sure does. European dairy farmers were in Brussels this week to protest proposed changes in dairy regulations. At the heart of both of these issues is the EU's massive and wasteful Common Agricultural Policy (CAP), which in the span of a week seems to have enraged both British Prime Minister David Cameron and bovines in Bordeaux. What is lost in all of this is just how selfish and wasteful these agricultural policies are. Subsidies and price controls are protectionist measures that insulate European farmers from the world market, raising prices on foodstuffs and distorting the market for goods.
SEE WHY THESE POLICIES HARM THE POOR >> |
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 | About The Heritage Foundation
Founded in 1973, The Heritage Foundation is the nation’s most broadly supported public policy organization. Heritage created the Center for Legal and Judicial Studies in 2001 to educate government officials, the media and the public about the Constitution, legal principles and how they affect public policy. |
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