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:
  1. Hong Kong
  2. Singapore
  3. Australia
  4. New Zealand
  5. 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

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