Let the Opportunity Society Work Its Magic
The Cato and Fraser Institutes are out with their Economic Freedom of the World: 2017 Annual Report.
Money quote:
The U.S. ranks 11th this year, down from 4th in 2000.
This year's report adjusts for gender disparity. Consequently, countries like Saudi Arabia and Bahrain dropped precipitously in the rankings. It's harder for women in those countries to own property, inherit, open bank accounts, get jobs, and sign contracts.
Freedom is a good message for everybody.
Read story here.
The Cato and Fraser Institutes are out with their Economic Freedom of the World: 2017 Annual Report.
Money quote:
- Throughout the world, the Economic Freedom of the World report continues to demonstrate the clear connection between economic freedom and other types of freedom and prosperity. The income of the poorest 10 percent of a country’s population is much higher in economically freer countries, for example, and greater economic freedom is associated with more political rights and civil liberties.
The U.S. ranks 11th this year, down from 4th in 2000.
This year's report adjusts for gender disparity. Consequently, countries like Saudi Arabia and Bahrain dropped precipitously in the rankings. It's harder for women in those countries to own property, inherit, open bank accounts, get jobs, and sign contracts.
Freedom is a good message for everybody.
Read story here.