Economic freedom reports shows U.S. lagging

Stephan Gohmann

(Photo: U of L) Imagine a country where poverty is on the decline, individual incomes are rising, economic mobility is increasing, health is improving, life expectancy is rising, corruption is low, and life satisfaction is high. Would this be a country you would like to live in?

Of course you would, and economists like me spend countless hours examining the types of institutions and rules that encourage this kind of prosperity. Decades of research consistently point to one, overarching catalyst: economic freedom, and this year’s Economic Freedom of the World annual report, released Sept. 14, shows that the U.S. is […]