The Measurement and Importance of Economic Freedom

Since the initial publication of the Economic Freedom of the World report in 1996, numerous scholarly studies have used the data to examine the impact of economic freedom on investment, economic growth, income levels, and poverty rates. Virtually without exception, these studies have found that countries with institutions and policies more consistent with economic freedom have higher investment rates, more rapid economic growth, higher income levels, and a more rapid reduction in poverty rates.

Common Sense Economics

This post highlights some of the issues discussed during Policy Pub, an event hosted by the College of Social Sciences and Public Policy. Listen to the Pub here. The third edition of Common Sense Economics: What Everyone Should Know About Wealth and Prosperity (St. Martin’s Press, 2016) is widely available in print and electronic versions. …