Many countries try to protect local companies from foreign competition by having high import taxes This is a very bad idea.

Corruption is getting worse. Transparency International has asked 114,000 people in 107 countries. 1 in 4 say that they have paid bribes during the last year when interacting with public institutions and services.

In 2000, the United Nations boldly set up the target of reducing extreme poverty by 50% from 1990 to 2015. Remarkably, the target was met already in 2010. Hundreds of millions have now been lifted out of poverty and into a more worthy life.

Johan Norberg is a Swedish author and historian, devoted to promoting economic globalization and liberal positions. He summarizes our view on capitalism pretty well.

In 1999 Mr Fang Binxing started working on a system that today is known as “The Great Chinese Firewall” – or “The Golden Shield Project“.

Corruption is a global plague. It hinders fair competition, which leads to less economic growth, leaving more people in poverty.  

“Patent trolls” are firms that buy many patents, and then threaten companies with lawsuits – claiming that their patent has been “infringed”. In most cases the claims are questionable – but most companies pay anyway – to avoid the extreme cost of goi...