Data Show a Clear Correlation Between Economic Freedom and Prosperity

The Fraser Institute, a Canadian think tank, published the 22nd edition of its annual Economic Freedom of the World (EFW) report. For a long time, we’ve known that, on average, freer economies are richer, grow faster and have longer life expectancies.
But the 2018 edition of the EFW gives us more insight than ever before into the intrinsic link between economic freedom and other measures of human well-being—such as infant mortality, equality, happiness, and extreme poverty rates.

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