Tuesday, September 20, 2011

Economic Freedom of the World

Cato Institute has just released it's 15th annual economic freedom of the world study.The primary highlight: United States is #10. The top ten:

Hong Kong
Singapore
New Zealand
Switzerland
Australia
Canada
Chile
United Kingdom
Mauritius

Now, Singapore and UK are social more restrictive than the U.S. so obviously this index includes tradeoffs. But I would like to point out the following: the greater the economic freedom, the better off the people of the country, especially the very poor. Second, economic freedom leads social/political freedom.

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