This is the fifth edition of the annual report, Economic Freedom of North America , and this year marks the first time we are producing a US edition of the report. The statistical results of this year's study persuasively confirm those published in the previous four editions.
This is the fifth edition of the annual report, Economic Freedom of North America . The statistical results of this year's study persuasively confirm those published in the previous four editions; economic freedom is a powerful driver of growth and prosperity.
Economic freedom measures the extent to which individuals, families, businesses, and other organizations are free to make economic decisions without of government interference.
The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries support economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of privately owned property.
Economic freedom measures the extent to which individuals, families, businesses, and other organizations are free to make economic decisions without of government interference.
Economic Freedom of North America rates economic freedom on a 10-point scale for two indexes. An all-government index captures the impact of restrictions on economic freedom by all levels of government (federal, state/provincial, and municipal/local). A subnational index captures the impact of restrictions by state or provincial and local governments. Economic Freedom of North America employs 10 components in three areas: 1) Size of Government; 2) Takings and Discriminatory Taxation; and 3) Labour Market Freedom.
The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of freedom are personal choice, voluntary exchange, freedom to compete, and security...
