|Peter Boettke|
The annual edition has been released. The Cato Institute press release on the report can be found here.
Here is a video from earlier this month by Robert Lawson, one of the main researchers on this project, discussing economic freedom of the world.
Canada outranks the United States? Sweet!
I must admit, I am quite skeptical of these economic freedom indices; they are often driven by think tanks' biases. However, they are fun to look at.
Posted by: Cornelius | September 20, 2011 at 09:14 PM
Having been responsible (senior editor) for producing the competitor to Cato's index for 4 years, I can report that both indices were based on many years of academic study and conferences.
Unknown to us, Richard Roll did an independent analysis of what we did at Heritage. He found our analysis to be sound and the results robust.
The junior researchers actually doing the scoring of countries simply had no agenda with respect to the outcomes. There were layers of oversight.
Posted by: Jerry O'Driscoll | September 20, 2011 at 11:49 PM
I would like to see the indexes recalibrated to circa 1929. The scores would all be much lower.
Posted by: McKinney | September 21, 2011 at 08:05 PM
Why would you want to recalibrate to the peak of a boom -- at the height of capital misallocation?
Posted by: Troy Camplin | September 26, 2011 at 01:10 PM
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