The United States does not rank among the Top 10 countries in the world for economic freedom, according to the Heritage Foundation’s 2015 Index of Economic Freedom.
Instead, the U..S. ranked only 12th--after Hong Kong, Singapore, New Zealand, Australia, Switzerland, Canada, Chile, Estonia, Ireland, Mauritius, and Denmark.
Estonia was formerly a part of the Soviet Union.
The Index rates economic freedom for countries on 10 quantitative and qualitative factors that are based on four pillars of freedom: rule of law, limited government, regulatory efficiency and open markets.
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Suprised to see we were rated even that high. I assume that 12th was an average; had the rating been done on a state by state basis, that some states such as NY, NJ, MI, IL or CA would have been ranked close to vibrant nations such as North Korea, or Yemen.
ReplyDeletevibrant nations
DeleteLove it! :)