The Fraser Institute just published its Economic Freedom of the World 2018 Annual Report, which looks at data from 2016. The degree of economic freedom is measured using 5 broad areas:
- size of government (expenditures, taxes, enterprises)
- legal structure and property rights (which now includes the Gender Disparity Index)
- access to sound money
- freedom to trade internationally
- regulation of credit, business, and labor
The ten most economically free countries are:
And what are the benefits of economic freedom?
But I’m sure we’ll continue to hear about how we need to roll back our economic freedom because reasons.