August 5, 2011

Does the U.S. win the Gold Medal for economic freedom?

By Does the U.S. win the Gold Medal for economic freedom?

Author:  Luke A. Wake

America was built through sweat and hard work. This was a land of liberty and therefore opportunity. Here any man or woman should be able to rise or fall on their own merit. But, according to the Heritage Foundation's 2011 index of economic freedom throughout the world, we're not nearly the most free nation in the world. That title–the Gold Medal for economic freedom–goes to Hong Kong. Silver goes to Singapore, and Bronze to Australia.

New Zealand, Switzerland and Canada get honorable mention, ranking respectively 4th, 5th and 6th most economically free in the world. Ireland and Denmark place 7th and 8th. Finally, the United States is 9th, scoring just barely higher than Bahrain.

See the full break down here.

 

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