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Topic: Economic freedom

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In the News (Sun 16 Dec 18)

  Freedom - Wikipedia, the free encyclopedia
The French philosopher Jean-Jacques Rousseau asserted that the condition of freedom was inherent to humanity, an inevitable facet of the possession of a soul and sapience, with the implication that all social interactions subsequent to birth imply a loss of freedom, voluntarily or involuntarily.
Freedom of speech is similar to freedom of information, but refers to a general lack of such restrictions (on the creation, use, modification and dissemination of ideas) in a society by the government or those that hold power in that society.
Freedom of thought is also known as freedom of conscience and refers to the right of an individual to hold a particular thought or viewpoint regardless of those held by others.
en.wikipedia.org /wiki/Freedom   (726 words)

 PRI's U.S. Economic Freedom Index: 2004 - Executive Summary
Economic freedom is the right of individuals to pursue their interests through voluntary exchange of private property under a rule of law.
In a nutshell, economic freedom is the right of an individual to keep what he earns, produce what he wants, and compete in product and labor markets of his choosing, subject to the restriction that he cannot use force or fraud to further his interests.
Economic freedom expands the opportunities for individuals to use their knowledge and resources to their best advantage and to keep the fruits of their labor for personal consumption and future productive investment.
www.pacificresearch.org /pub/sab/entrep/2004/econ_freedom/00_summary.html   (2070 words)

 Index of Economic Freedom 2005
The idea of producing a userfriendly “index of economic freedom” as a tool for policymakers and investors was first discussed at The Heritage Foundation in the late 1980s.
To this end, the decision was made to establish a set of objective economic criteria that, since the inaugural 1995 edition, have been used to study and grade various countries for the annual publication of the Index of Economic Freedom.
Moreover, although there are many theories about the origins and causes of economic development, the findings of this study are straightforward: The countries with the most economic freedom also have higher rates of long-term economic growth and are more prosperous than are those with less economic freedom.
www.heritage.org /research/features/index   (262 words)

 Economic Freedom: 1975-1995
Economic Freedom of the World: 1975-1995 is the product of 10 years' work involving 61 researchers in 11 countries, including many of the world's leading economists.
To talk about economic freedom is easy; to measure it, to make fine distinctions, assign numbers to its attributes, and combine them into one overall magnitude-that is a very different and much more difficult task, as we found out when we started on this quest some thirteen years ago (see Michael Walker's introduction).
After all, the rate of economic growth or the level of living may be an excellent proxy for economic freedom, just as an auto's maximum speed may be an excellent proxy for the power of its motor.
oldfraser.lexi.net /media/media_releases/unformatted/econ_free95.html   (2540 words)

 Economic Freedom Testing Economic Freedom   (Site not responding. Last check: 2007-10-29)
Economic theory tells us that government intervention in the form of taxes, excessive regulation, and arbitrary restrictions, reduces output and growth.
Also, countries such as Chile which improved their economic freedom had high growth rates, and those in which economic freedom declined scored low in growth or even declined.
The countries ranking highest in economic freedom, according to the study, are Hong Kong, New Zealand, Singapore, and the United States.
www.progress.org /archive/fold11.htm   (524 words)

 Economic Freedom Watch   (Site not responding. Last check: 2007-10-29)
Measures of economic freedom have become an important variable for economic policy because they relate closely to economic growth, job creation and poverty eradication, as well as a general feeling of optimism, self-reliance and well-being.
Unfortunately, economic freedom indexes are published with a delay of about two to three years, because they are prepared for many countries on an internationally comparable basis.
When breaking the CIS Index of Economic Freedom down into eight Aspects, it is apparent that the greatest infringements against the economic freedom in Australian occur in the freedom to work and employ.
www.cis.org.au /Economics/efw/efwhome.htm   (1063 words)

 Measuring Economic Freedom   (Site not responding. Last check: 2007-10-29)
Economic freedom is measured best by determining the degree to which individuals are free to produce, distribute, and consume goods and services.
In looking at specific countries, determining the level of economic freedom can be done by examining government policies and conditions that either maximize personal economic choices or restrict them.
The greater the economic freedom the lower the numerical score with one representing a very high degree, two a high degree, three a moderate degree, four a low degree, and five a very low degree of economic freedom with regard to the four categories.
www.cipe.org /publications/fs/ert/e23/regulE23.htm   (700 words)

 Ethics, Corruption, and Economic Freedom
On average, as shown in Chart 2, the size of the informal economy in economically unfree and repressed economies is almost three times the size of the informal economy in free economies, and almost double the size of the informal economy in mostly free economies.
According to the Index of Economic Freedom, however, in most low- to middle-income countries, it is extremely difficult for small and medium investors--which are the largest source of jobs--to operate, both because of the regulatory environment and because of the lack of a strong rule of law.
Economic freedom with a strong rule of law will foster a culture of investment, job creation, and institutional respect--all essential factors in massively improving the living standards of ordinary people.
www.mafhoum.com /press6/173E11.htm   (2321 words)

 Rewards of Economic Freedom
Economic libertarians are likely to list the right to be secure in their property, or for their property taken for public use without just compensation, in their top 10.
Countries that move from less economic freedom to more raise their citizens' well-being much faster than the more restrictive regimes.
Economic freedom is reduced by high taxes and regulation; failure to secure proper rights; restricting domestic and international trade; unnecessarily costly regulation of credit, labor and business; and denying access to sound money.
www.freedomworks.org /informed/issues_template.php?issue_id=2379   (664 words)

 Economic Freedom Watch launch   (Site not responding. Last check: 2007-10-29)
For Friedman, economic freedom is both as an essential component of overall freedom and the condition, which promotes the practical means to ensure political and civic freedom.
Proper economic freedom requires objective legal protection of the rights – and enforcement of the obligations – that derive from contracts, as well as the equality of all contracting parties before the law.
Economic freedom is less important to the powerful, the established and the well-connected.
www.cis.org.au /events/CISlectures/occasional/EFW011101.htm   (4938 words)

 Fraser Institute   (Site not responding. Last check: 2007-10-29)
Executive Summary: The index of the Economic Freedom of North America is an attempt to gauge the extent of the restrictions on economic freedom imposed by governments in North America.
Economic Freedom of North America employs nine variables in three areas: 1.
The study examines the impact of economic freedom on both the level of economic activity and the growth of economic activity.
www.fraserinstitute.ca /shared/readmore.asp?sNav=pb&id=453   (227 words)

 Robotic Freedom, by Marshall Brain
Our economic system as it stands today stifles a great deal of creativity, has no way to deal with the elderly and is unable to significantly raise wages for the majority of its citizens.
Every economic downturn has occurred when people stop spending money, either because they don't have money to spend through unemployment, or because they are afraid to let go of their money for fear of future unemployment.
An economic security system maximizes the economic freedom of every citizen, and in the process maximizes the creativity of inventors, authors, entrepreneurs, etc. If creative people have the freedom to live their lives without being employees, we will unlock an unimaginable ocean of human creativity and human potential.
marshallbrain.com /robotic-freedom.htm   (8253 words)

 The Smith Center: Milton Friedman's lecture   (Site not responding. Last check: 2007-10-29)
In Chile, the drive for political freedom, that was generated by ecoriomic freedom and the resulting economic success, ultimately resulted in a referendum that introduced political democracy.
In order to understand the paradox that economic freedom produces political freedom but political freedom may destroy economic freedom, it is important to recognize that free private markets have a far broader meaning than the usual restric tion to narrowly economic transactions.
The essence of human freedom as of afree private market, is freedom of people to make their own decisions so long as they do not prevent anybody else from doing the same thing.
www.sbe.csuhayward.edu /~sbesc/frlect.html   (5610 words)

 Welcome to Freedom House   (Site not responding. Last check: 2007-10-29)
Freedom House, a non-profit, nonpartisan organization, is a clear voice for democracy and freedom around the world.
Through a vast array of international programs and publications, Freedom House is working to advance the remarkable worldwide expansion of political and economic freedom.
Sandy was a valued member of the Freedom House Board of Trustees; more than that, she was a champion of freedom, human rights, and racial equality whose work as an activist and trade unionist made a difference in thousands of lives.
www.freedomhouse.org   (879 words)

 Index of Economic Freedom Encyclopedia Article, Definition, History, Biography   (Site not responding. Last check: 2007-10-29)
Note: Due to economic or political instability, Afghanistan, Angola, Burundi, the Democratic Republic of the Congo, Iraq, Somalia, Sudan and Serbia and Montenegro were not ranked.
More economic freedom correlates strongly with higher average income per person, higher income of the poorest 10%, higher life-expectancy, higher literacy, lower infant mortality, higher access to water sources and less corruption.
An overview of research can be found here [5], including studies showing that more economic freedom is the cause of beneficial effects.
www.somethingpersonal.com /encyclopedia/Index_of_Economic_Freedom   (790 words)

The Index scores economic freedom in 10 categories, ranging from fiscal burdens and government regulation to monetary and trade policy.
In terms of corporate taxation as an element of economic freedom, the U.S. ranks a lowly 112th out of the 155 countries scored, and its top individual tax rate ranks only slightly better at 82nd.
The 2005 Index finds that, on balance, freedom has again made strides around the globe: 86 countries are more free this year, 57 are worse off, and 12 remain unchanged.
www.opinionjournal.com /forms/printThis.html?id=110006109   (564 words)

 Larry Kudlow on the Israeli Economy & War on NRO Financial   (Site not responding. Last check: 2007-10-29)
Economic success in Israel has come from its free-market move toward modernization, which includes the strong growth of its technology sector.
Preserving economic freedom is yet another reason why Ariel Sharon is right to go to full-scale war against terrorism.
In terms of protecting freedom and democracy and free-market prosperity, self defense against terrorism — through either war or diplomacy — is identically suited to both the U.S. and Israel.
www.nationalreview.com /kudlow/kudlow040502.asp   (711 words)

 Economic Freedom of the World Software - Global Economic Software   (Site not responding. Last check: 2007-10-29)
The Economic Freedom of the World project uses index data from the Fraser Institute's Economic Freedom of the World report released on September 8th 2005.
A new index for the USA, published by the Pacific Research Institute, measures the economic freedom of the individual American states.
The tool allows you to compare economic freedom scores (of which there are 38 in the EFW report) with statistics such as GDP per capita, GINI coefficients, internet penetration, literacy and many more.
www.globaleconomicsoftware.com   (172 words)

 Economic freedom slippage - The Washington Times: Commentary - January 13, 2005   (Site not responding. Last check: 2007-10-29)
The U.S. is still one of the most dynamic economies on the planet, and still the biggest, according to the Index of Economic Freedom, published annually by the Heritage Foundation and the Wall Street Journal, which rates the world's economies on a broad range of fiscal, regulatory and free enterprise measurements.
The Index of Economic Freedom rankings are calculated in a point index based on a country's tax burden, foreign investment, trade policies and level of government intervention in the economy, among other things.
As for America, the Index of Economic Freedom says though the United States is still a very vibrant economy, it is now "at a crossroads: It will either continue to be a leader in economic freedom or idly watch other countries pass it by."
www.washtimes.com /commentary/20050112-093355-1391r.htm   (846 words)

 Fraser Institute - Information Centre - Economic Freedom   (Site not responding. Last check: 2007-10-29)
Economic freedom is the extent to which one can pursue economic activity without interference from government.
Economic freedom is built upon personal choice, voluntary exchange, the right to keep what you earn, and the security of your property rights.
The Economic Freedom Network, is made up of public policy institutes from around the world who are dedicated to the study and advancement of economic freedom.
www.fraserinstitute.ca /economicfreedom/index.asp?snav=ef   (251 words)

 Asia Times - HK, Singapore, top 'economic freedom' index
The basic philosophy guiding the ratings is that of classical economic liberalism or, as the third US president, Thomas Jefferson, famously put it: "That government is best which governs least", except perhaps insofar as it actively protects private-property rights.
At the same time, the study asserted that economic freedom is highly correlated with per capita income, economic growth, and life expectancy and does not necessarily lead to greater income inequality.
According to the Cato report, which covers 2001, the year for which the most comprehensive data are available, economic freedom has gained ground around the world over the eight-year period since the first ratings were published for 1995.
www.atimes.com /atimes/Asian_Economy/EG10Dk01.html   (1013 words)

 Kudlow's Money Politic$: Economic Freedom
The 10-year also tells us that economic activity is rising at a respectable 3 percent-type pace, with low inflation, but the economy has downshifted from its prior 4 percent pace.
But the Fed would be unwise to ignore either the bond yield or the flattening shape of the yield curve and its term structure of interest rates.
Economic sensitive sectors such as energy, tech, and consumer cyclicals led the way, though industrials and commodities fell slightly.
lkmp.blogspot.com /2005/06/economic-freedom.html   (2875 words)

 Political Calculations: US vs Canada: Economic Freedom   (Site not responding. Last check: 2007-10-29)
The measure of economic freedom is important since it functions as an indicator of the economic growth potential in a country or region.
The greater the reduction in economic freedom, the greater the negative impact on the economy and the greater the amount of money the province will receive from the federal government.
On the other hand, if a province increases economic freedom, for example by reducing taxes, and its economy grows, the result is an increased outflow of government revenues to other jurisdictions and a heavier tax burden, given the progressivity of Canadian taxes, which in turn suppresses increases in economic freedom and economic growth.
politicalcalculations.blogspot.com /2005/07/us-vs-canada-economic-freedom.html   (715 words)

 NCPA - Daily Policy Digest - States Ranked on Economic Freedom Index
"Economic Freedom of North America, 2004," ranks all 50 states based on overall economic freedom.
While economic freedom is not the sole determinant of a state's wealth, the correlation is strong.
The methodology, say researchers, is that used in Economic Freedom of the World, an annual ranking of countries worldwide published by the Cato Institute.
www.ncpa.org /iss/eco/2004/pd012704a.html   (371 words)

 Economic Freedom of the World Network   (Site not responding. Last check: 2007-10-29)
FreeTheWorld.com is committed to bringing economic freedom and growth to all the countries of the world.
The Economic Freedom Network Index, which ranks 127 countries, is a joint venture involving sixty-eight research institutes in sixty-eight countries around the world.
The purpose of the index is to bring the often forgotten topic of economic freedom into mainstream public debate.
www.freetheworld.com   (164 words)

 Thomas E. Nugent on the U.S. Economic Freedom Index on NRO Financial
One of the ways to measure whether or not Americans do in fact vote with their feet to secure economic freedom is to a look at the rankings of the states within the framework of the outcome of the presidential election.
Across all 50 states, there is strong evidence to support the theory that people who believe in economic freedom have voted with their feet and migrated to states where economic freedom is high.
As for those who relish economic freedom but live in blue states, there is an option: They can vote with their feet and move to a red state.
www.nationalreview.com /nrof_nugent/nugent200412020821.asp   (695 words)

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