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tv   Heritage Discussion on Economic Freedom Index  CSPAN  January 28, 2019 8:00am-9:11am EST

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how our own country fits into a regional arrangement or the globalized system entirely. how about way over here? we haven't had anyone from this side. >> hi there. i'd like some clarification on how your calculations really work. as maybe one example, so the u.s. raised tariffs on china and a few other countries, but it didn't do anything for instance with a tariff to switzerland and we did things with nafta. how do you balance that?
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a 20% tariff means more than a 10% or 8%, the number of countries, the volume, how do you do the calculations? >> we use the average applied tariff rate. the tariff rate that is actually paid at the border on goods and services imported into the united states or any other country. in fact, that is available from the world bank for almost all countries in the world. i think it's the best representation. a lot of countries have tariff rates that aren't always necessarily applied. sometimes they have very high statutory rates. sometimes there are exceptions to that. but what we use in our calculations are the average applied tariff rates. sometimes that indicator makes the index a little slower to react to developments like the imposition by the united states of tariffs on particular countries. and of course, because we
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actually have to see those tariffs being paid and applied on the goods and then we'll pick that data up and it will be reflected in our index. for example, the united states only had a very small drop in trade freedom this year because we were just beginning, in the beginning stages of seeing the application of those tariffs. if that continues, there will be a much bigger impact on the u.s. score next year. yes, sir? >> i'm from the taiwan representation in the united states. today i'm just pleased to see that taiwan has moved three places up from 13th last year to 10th this year. we are grateful for the announcement. during today you convey one
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message, that economic freedom leads to better economic power, environment, education and social well-being. do you see in the report or in your study the correlation between the economic freedom and the democracy? >> yes, we absolutely do. we wait until we see some statistical change in that data and we report that. we have seen a very high
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correlation between economic freedom and effective democratic governments. there are an awful lot of countries around the world that call themselves democratic, sometimes even in the name of their country, but don't really have democratic practices or the ability for the peaceful transfer of power through democratic means. there are indexes now that measure truly effective democratic governance. when we compare those with our rangings in the economic freedom, we find there's a very strong relationship. it's mutually supportive this relationship. a truly effective democratic contributes to economic freedom and i think economic freedom contributes to the development of a true democracy. taiwan's done very well in our index and your government is to be commended for its actions, i think, to liberalize the economic regulations and make it
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possible for your people to prosper in the way they have. i guess we're just about out of time. maybe one more question. barbara here in the front. >> thank you for your presentations. i'm barbara whitman. i spent a whole lot of years as an economic and negotiating some trade agreements. my view is we don't need trade agreements if we let people trade the way they want to. government should be out of it, but that's a topic for another day. what grabbed me is how effective the talking parts are about democratic freedom and why it produces the results we want in terms of people's liberty overall. it sounded like the best political message i've ever
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heard. how do we translate that into practical politics in this country so people understand it better instead of listening how much good we can do for you with your own money if we take it first and redistribute it. >> if we had the answer to that question, we'd put all ourselves out of business. that's a big challenge of what we do. as purveyors of free market principles, we go up against an enemy who, a, doesn't have to adhere to the truth and they promise you everything. we spend a lot of time here at heritage trying to figure out what's the best way to communicate this. to me, the index is a really important tool in doing exactly that. i can just tell you as someone who has had the honor of leading our domestic economics team for
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a few years, one of the things i did was to try to integrate the work that we do into the principles and messages that the index puts out there. by doing that we're able to build a cohesive argument that lends itself more easily to a policy agenda. i don't have the perfect answer, but we continue to work on that, to communicate it. thank you very much for saying we did an okay job with it here today. >> i think that will have to be the last word. we would invite you all to join us out in the lobby for a reception celebrating the 25th anniversary of the index of economic freedom. thank you for coming today. [ applause ]
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today a discussion on the need for data privacy and security legislation and a look at some of the current proposals in congress and in the states. hosted by the progressive policy institute, that's live at 11:30 a.m. eastern here on c-span3, online at c-span.org and on the free c-span radio app. the c-span bus recently traveled to tennessee asking folks, what does it mean to be american. >> for me being an american is to know that i have the ability to not be the conformist to one ideal and form my own opinion and belief on something i feel and challenge the controversial. >> i've had neighbors from el salvador, from iran, from japan, from all over the country, from all over the world.
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coming here to america for a chance at freedom. to me, being an american means creating a welcoming community for people of all backgrounds. >> being an american is all about freedom. it's freedom on where you attend worship on sunday morning. it's freedom in who you marry and have children and what your career is going to be. it's freedom in how you choose to treat your neighbors. >> being an american is based on the ability to express your own natural rights, you know, not going by what's promoting in social media, you know, being able to express what you want to
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express, you know, being able to eat what you want to eat, you know. you know, being an american is basically having equality to promote yourself to success rather than negativity that's going around. >> to me, being an american means i have the ability, rights and freedom to live the life i want to live without regret or second guessing. >> what it means to me to be american is basically the pharoah flow of ide free flow of ideas, the debate of ideas where we all have different opinions but we come to decide what is best for america. that debate, that discussion, of free flowing ideas and the creativity that comes with that helps us manifest and establish our laws. it's what makes us the greatest nation on earth. now the group called advocates for highway and

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