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| EST. READ TIME 1 MIN.Provincial Economic Freedom in Canada 1981-1998
In its simplest form, economic freedom involves the freedom to make choices, freedom of exchange, and protection of private property. Any major impediment to the exercise of these rights as a result of intervention by government is a violation of economic freedom. The freest of economies will operate with a minimal amount of government interference, relying upon personal choice and markets.
Economic freedom is vital to the well-being of all Canadians. Those provinces that liberate their economies receive dividends for their efforts in the form of higher rates of growth and higher levels of income per capita. When provincial governments restrict economic freedom, growth is dampened and income per capita declines relative to economically free jurisdictions.
In its simplest form, economic freedom involves the freedom to make choices, freedom of exchange, and protection of private property. Any major impediment to the exercise of these rights as a result of intervention by government is a violation of economic freedom. The freest of economies will operate with a minimal amount of government interference, relying upon personal choice and markets to answer basic economic questions such as what is to be produced, how much is to be produced, and for whom production is intended.
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Faisal Arman
Faisal Arman has a B.A. in Politics and a B.A. in International Relations from the University of Wisconsin at Madisonand an M.Sc. (Econ.) in Geography from the London School of Economics and Political Science. He has made his career in the field of environment, health, and safety in the minerals, oil, and gas industry and is currently working as an environmental consultant in the field of environmental management systems. From 1997 to 1998, Mr Arman worked at the Fraser Institute as a Research Economist. While there, he was co-author of the The Fraser Institute Survey of Mining Companies Operating in Canada (Fall 1997) and did the initial research and writing for Provincial Economic Freedom in Canada.… Read more Read Less… -
Dexter Samida
Dexter Samida is a former research economist at The Fraser Institute. He majored in economics at the University of Saskatchewan,from which he received his B.Comm. (high honours) with Great Distinction in 1997. He obtained his M.A. in Economics from the University of Toronto in 1998. In the summer of 1997, he worked as an intern at The Fraser Institute, where did research on taxation in Canada. He has written articles on economic freedom and poverty, and consumerism. Mr Samida is a native of rural Saskatchewan.… Read more Read Less… -
Michael Walker
Fraser Institute Founder and Honorary Director
Michael Walker was the executive director of the Fraser Institute from its inception in 1974 until September 2005. Before thathe taught at the University of Western Ontario and Carleton and was employed at the Bank of Canada and the Federal Department of Finance. He received his Ph.D. at the University of Western Ontario and his B.A. at St. Francis Xavier University. In 2016, he was appointed to the Order of Canada in recognition of his outstanding achievement, dedication to the community and service to the country.As an economist, he has authored or edited 45 books on economic topics. His articles on technical economic subjects have appeared in professional journals in Canada, the United States and Europe, including the Canadian Journal of Economics, the American Economic Review, the Journal of Finance, the Canadian Tax Journal, Health Management Quarterly, Weltwertschaftliches Archiv and Health Affairs. His primary concern as the founding Executive Director of the Fraser Institute has been to promote the examination and use of competitive markets as a method for enhancing the lives of Canadians.He is the co-founder, with Milton and Rose D. Friedman, of the Economic Freedom of the World project which is now a collaboration of institutes in 85 countries and produces the annual Economic Freedom of the World Index. The Index is one of the most widely cited such measures in the current academic literature.He is a director of a number of firms and other enterprises, including, Canaccord Capital, Mancal Corporation, The Milton and Rose D. Friedman Foundation, and the owner of the Prado Verde Estates and Falcon MHP. He is a director of The Pacific Academy for Advanced Studies which organizes the annual Alamos Alliance meetings of the Chicago Boys who have been instrumental in the economic reform process in Latin America and elsewhere.He has received the Vancouver Rotary Club Service above Self Award, the Colin M. Brown Freedom Medal and Award by the National Citizens' Coalition, an honorary Doctor of Laws degree (LL.D.) from The University of Western Ontario and The Thomas Jefferson Award from the Association of Private Enterprise Education.… Read more Read Less…
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