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Where Does the US Rank in World Economic Freedom?

Illinois Review by Illinois Review
February 8, 2016
in Illinois News
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The 2016 Index of Economic Freedom analyzes economic policy developments related to economic freedom in 186 economies. Economies rated “free” or “mostly free” enjoy incomes that are over twice the average levels in all other countries and more than four times higher than the incomes of “repressed” economies.

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Nations with higher degrees of economic freedom prosper because they capitalize more fully on the ability of the free-market system to generate and reinforce dynamic growth through efficient resource allocation, value creation, and innovation.

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