Archive for January 15th, 2013

The Heritage Foundation recently updated its Index of Economic Freedom. You can find the full country rankingĀ here.

With respect to the United States, however, the authors do not provide good news:

Why Does Economic Freedom Matter?

If America’s commitment to economic freedom – not only by its policies but by its leadership in the world – continues to flag, it neglects its national interests and betrays its core principles. In doing so, it also jeopardizes the security, prosperity and liberty not only of the United States but much of the world as well.

While Switzerland has kept the first spot in Europe, Hong Kong is the overall number one. And the United States now barely makes it into the top ten (it was fifth in 2008). No doubt one can debate whether Chile and Mauritius are a better place to be than America. But one cannot deny the decline in freedom that takes place.

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