Skip to comments.Morning Bell: See America’s Ranking in the 2013 Index of Economic Freedom
Posted on 01/10/2013 6:56:36 AM PST by LucianOfSamasota
When we talk about economic freedom, what do we meanand why does it matter?
Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state.
Since reaching a global peak in 2008, sadly, economic freedom around the world has continued to stagnate.
Today launches the 19th edition of the Index of Economic Freedom, produced by The Heritage Foundation and The Wall Street Journal. The 2013 Index was edited by Ambassador Terry Miller, director of Heritages Center for International Trade and Economics; Kim Holmes, Ph.D., Heritages Distinguished Fellow; and Edwin J. Feulner, Ph.D., Heritages president.
What are the reasons for the worldwide sluggishness? As Ambassador Miller writes in The Wall Street Journal, Particularly concerning are the rise of populist democratic movements that use the coercive power of government to redistribute income and control economic activity.
(Excerpt) Read more at blog.heritage.org ...
Obamaland is just the US flavor of a global phenomenae. The Statists are in control everywhere.
They fail to take in various elements of freedom, their math of liberty doesn't add up.