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Economic freedom suffers first setback in decades, expert to discuss Mar 9

Joshua Hall

Joshua Hall

  • March 4, 2011 5:11am

Joshua Hall, assistant professor of economics at Beloit College, will discuss his research, "The Economic Freedom of the World Index," on Mar 9 as part of the Smith Center for Private Enterprise Studies speaker series. The event takes place at 2:00pm in the old university union, room 311. Event is free and open to the public.

The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of privately owned property. Forty-two data points are used to construct a summary index and to measure the degree of economic freedom. Hall concludes in his 2010 index that economic freedom has suffered its first setback in decades and nations that are economically free out-perform non-free nations in indicators of well-being. Download executive summary (PDF).

KL

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