Imagine a nation, whose richest woman, with billions stashed away, is the daughter of the former president, whose family owns 17 country estates in his birth state.
Economic freedom is one of the main drivers of prosperity and growth, and the evidence shows that states with low levels of economic freedom reduce the ability of their citizens to prosper economically.
Western media interpreted the Arab Spring as a drive for democracy, but protesters were mainly motivated by lack of opportunity and jobs.
The Fraser Institute has embarked on an ambitious and important effort to create a comprehensive index of human freedom. As a trailblazer in the study and measurement of economic freedom, the Fraser Institute has long recognized that existing attempts to measure freedom have been imperfect—blurring various definitions of freedom, using subjective rather than objective measures, and either failing to account for economic freedom or focusing exclusively on it.
The self-styled “land of the free” is not as free as it once was—or as we in the United States think of ourselves.
The recent elections in Alberta and federally in Canada have elected governments that appear dedicated to increasing government’s interference in the economy.
The Myanmar miracle marches on, but don’t stop holding your breath. Great hazards are emerging ahead.