Economic freedom may seem a somewhat nebulous idea. But economic freedom is important to individuals because it is one of the main drivers of prosperity and growth. Economic freedom leads to other important developments, like improved health and education in developing countries. It allows people to be in charge of their own future.
Economic freedom focuses on personal choice, the ability to make voluntary transactions, the freedom to compete, and security of privately owned property. It ultimately provides the foundation of other freedoms and democracy by liberating individuals and families from dependence on government.
Economic Freedom Network
The Economic Freedom Network is a joint venture involving research institutes from more than 80 countries. The Economic Freedom Network focuses on encouraging public discussion and awareness about the benefits of economic freedom and is committed to increasing economic freedom and growth around the world.