Is the World Becoming Less Free?

A takeaway from this report is that Margaret Thatcher’s famous quote, “There is no liberty without economic liberty,” remains as true in the 21st century as it was in the 20th century. Economic prosperity and individual liberty are intertwined, and one cannot be ignored at the expense of the other. If we want to make a positive change for people’s freedoms, we need to give them the rule of law and the right of free enterprise. There cannot be human progress unless personal liberty and economic liberty go hand in hand.

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