The Connection Between Economic Freedom and Prosperity


by Cato Institute on Dec 5, 2013 | Views: 53 | Score: 0
Sources: cato.org
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Cato Institute
Cato Institute on Dec 5, 2013 3:51 AM said:

There is a strong relationship between economic freedom and prosperity, as the countries in the top quartile of economic freedom are significantly richer than the rest. The average GDP per capita in U.S. 2011 dollars for the freest countries ($36,466) was more than eight times the average GDP per capita for the least free countries ($4,382).