2011 Index of Economic Freedom

Rank Country Overall Change
1 Hong Kong 89.7 0.0
2 Singapore 87.2 1.1
3 Australia 82.5 -0.1
4 New Zealand 82.3 0.2
5 Switzerland 81.9 0.8
6 Canada 80.8 0.4
7 Ireland 78.7 -2.6
8 Denmark 78.6 0.7
9 United States 77.8 -0.2
10 Bahrain 77.7 1.4

See the complete list here.

What is economic freedom?

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself.

Comments

CarolynsVoice said…
I came across your blog in doing research on my blog, (webcast), www.CarolynsVoice.net I found the same thing when I was again doing research. I didn't put it together that it was you who were keeping people like me up to date. Can I ask that you list your archives. I wanted to read more. Keep up the good work! Carolyn
CarolynsVoice said…
Oh, Stupid me. I didn't see your drop down menu. Obama has been keeping us so busy just surviving. I was wondering about your opinion as to why when the whole world is in a recession, Poland is not. Obama has us dead set on a road to depression. A depression must be world-wide. Poland may be the only hold out. Carolyn
Prof.Ray Titus said…
Thanks Carolyn, for dropping by.

Obama sure is taking America on the socialist road to ruin. Developing nations like India (Poland is part of list too, I guess) have strong domestic demand that's keeping growth rates up.

But the real growth story comes and stays as long as nations remain free, and embrace free markets!

Oh, and more power to you and to what you write, Carolyn! :)

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