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Showing posts from September, 2012

Index of Economic Freedom

The Index of Economic Freedom was first formulated by Adam Smith in 1776.  The idea is to track the economic freedom of  the world measuring liberty, property rights, business freedom, prosperity, trade, fiscal, monetary & economic freedom and so forth using 10 references.  The top five Free countries are as follows: Hong Kong Singapore Australia New Zealand Switzerland Mostly Free: The UK  - 14 The USA - 10 Ireland - 9 Sweden - 21 Moderately Free:  Kazakhstan - 65 France - 67 Jordan - 32 Norway - 40 Belgium - 38 Mostly Unfree: Italy - 92 China - 138 Greece - 119 Repressed: Iran - 171 Burma - 173 Argentina - 158 Cuba - 177 For a full list go to http://www.heritage.org/index/ranking