Economic Freedom and Growth

Economics professor Josh Hall describes how greater economic freedom leads to higher incomes and more economic development over time. When governments allow citizens the freedom to trade, own property, create businesses, and contract with others, the income of average citizens grows over time. This effect can be observed internationally when comparing countries, as well as domestically when comparing states in the US.

Further Resources:
The complete Economic Freedom of the World Report is available online:
http://www.freetheworld.com/reports.html
The complete Economic Freedom of North America Report is also available online:
http://www.freetheworld.com/efna.html
Another talk by Prof. Hall, Economic Freedom and a Better Life, is available here:
http://www.youtube.com/watch?v=dH5VDZ...

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