Friday, January 11, 2013

The 2013 Index of Economic Freedom

We're Number 10, which means we rank as "Mostly Free" instead of "Free" and got whipped by
  1. Hong Kong
  2. Singapore
  3. Australia
  4. New Zealand
  5. Switzerland
  6. Canada
  7. Chile
  8. Mauritius
  9. Denmark
From the blurb about the US ranking:
The United States, with an economic freedom score of 76, has lost ground again in the 2013 Index. Its score is 0.3 point lower than last year, with declines in monetary freedom, business freedom, labor freedom, and fiscal freedom. 
Come on, people!  We have got to do better than this!


lumpy said...

I can't help but feel that there is something wrong with a method that doesn't take into account structural restraints on government power. Sure, Hong Kong may be economically freer today, but is there any structural restraint on the Chinese government that keeps it from eliminating all of that freedom tomorrow?

Mad Minerva said...

Good point.