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Feb 12, 2013

What’s So Great About Economic Freedom?

Economic freedom involves more than just the freedom to buy and sell products and services. It allows us to be free in our interactions with other people. Economic freedom enables us to travel, to say what we want to say, to do what we want to do. Prof. Antony Davies shows how economic freedom is associated in the data with a number of positive indicators of a healthy country. For example, countries with more economic freedom tend to have higher GDP per capita, to take better care of the environment, and to be more equal across genders. In addition, countries with more economic freedom have less child labor. Economic freedom is important in healthy societies. It is about being free to make your own choices.

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