Difference between revisions of "Economic freedom"
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'''Economic freedom''' is measured by the [[Heritage Foundation]] in terms of "10 factors, such as property rights, freedom to trade, and freedom from government regulation." | '''Economic freedom''' is measured by the [[Heritage Foundation]] in terms of "10 factors, such as property rights, freedom to trade, and freedom from government regulation." | ||
| − | The [[Heritage Foundation]] says, "economic freedom is a precondition for the development of prosperity in the long run." | + | The [[Heritage Foundation]] says, "economic freedom is a precondition for the development of prosperity in the long run."<ref>http://www.heritage.org/Research/WorldwideFreedom/hl1094.cfm</ref> |
*...economic freedom is highly correlated with economic progress, liberty and well-being.<ref>[https://www.washingtontimes.com/news/2012/sep/17/america-in-free-fall/ America in free-fall: Economic freedom in the U.S. is dropping fast] - Richard Rahn, ''Washington Times''</ref> | *...economic freedom is highly correlated with economic progress, liberty and well-being.<ref>[https://www.washingtontimes.com/news/2012/sep/17/america-in-free-fall/ America in free-fall: Economic freedom in the U.S. is dropping fast] - Richard Rahn, ''Washington Times''</ref> | ||
| − | == | + | According to the Fraser Institute in 2018, states such as [[Texas]] and [[Florida]] – which are governed by conservatives – have a significantly higher level of economic freedom than states like [[California]] and [[New York]] – long under left-wing governance.<ref>Stansel, Dean; Ginn, Vance (November 26, 2018). [https://thehill.com/opinion/finance/418101-texas-economic-freedom-ranking-remains-high-but-drops-to-3rd-nationwide Texas’ economic freedom ranking remains high but drops to 3rd nationwide]. ''The Hill''. Retrieved November 26, 2018</ref> |
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| + | ==References== | ||
| + | {{reflist}} | ||
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[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 16:37, November 26, 2018
Economic freedom is measured by the Heritage Foundation in terms of "10 factors, such as property rights, freedom to trade, and freedom from government regulation." The Heritage Foundation says, "economic freedom is a precondition for the development of prosperity in the long run."[1]
- ...economic freedom is highly correlated with economic progress, liberty and well-being.[2]
According to the Fraser Institute in 2018, states such as Texas and Florida – which are governed by conservatives – have a significantly higher level of economic freedom than states like California and New York – long under left-wing governance.[3]
References
- ↑ http://www.heritage.org/Research/WorldwideFreedom/hl1094.cfm
- ↑ America in free-fall: Economic freedom in the U.S. is dropping fast - Richard Rahn, Washington Times
- ↑ Stansel, Dean; Ginn, Vance (November 26, 2018). Texas’ economic freedom ranking remains high but drops to 3rd nationwide. The Hill. Retrieved November 26, 2018
