Index of Economic Freedom
Via Crimson Politics comes a link to this article containing an index of economic freedom at WikiPedia. The results may surprise quite some.
The number one on the list is Hong Kong, followed by Singapore; probably not very surprising to those who know a thing or two about this region but those who are less informed may scratch their head. Especially considering Hong Kong’s close location (so close to China) and the fact that it falls (kinda, somewhat, somehow) under the authority of the Chinese government.
The United States is sixth, my own country the Netherlands twelfth. Especially the latter is good news for me; it took us conservatives quite some time to undo the damage done by this country’s socialists / laborites. They did their best to end economic freedom as we had known it for centuries, but conservatives succeeded in undoing most of the damage after reality kicked in and it became clear that ending economic freedom meant ending wealth and prosperity.
Meanwhile, one has to wonder whether Obama and Congress Democrats will cause the U.S. to fall in the index.
Lastly, Brain Kane notices another thing these economies have in common. Not only are they the freeest, they are also the wealthiest nations on earth. Funny that. Probably a coincidence, right?
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Hmmm…many of the former English colonies seem to have done well
Hmmm…many of the
former English coloniesSocialist Norse and Canada seem to have done wellI doubt it’s a matter of if – more like when.
But yeah, it’s one thing that China did correctly – let HK run as it has been running when it was leased by the Brits.
WHen I drilled down into the numbers here,
http://www.heritage.org/Index/TopTen.aspx
I find it interesting that out of the top 10, the U.S. have the lowest score from freedom from corruption, aside from Ireland who is 3 points above us, all the others are on the 80’s or higher…guess that is an area we need to work on