Wednesday, January 05, 2005

Free Trade, Capitalism, and Poverty II

The Wall Street Journal reports on a Heritage Foundation report ranking the freedom of world economies. Here is their conclusion:

Policy makers who pay lip service to fighting poverty would do well to grasp the link between economic freedom and prosperity. This year the Index finds that the freest economies have a per-capita income of $29,219, more than twice that of the "mostly free" at $12,839, and more than four times that of the "mostly unfree." Put simply, misery has a cure and its name is economic freedom.


(Via The Fire Ant Gazette)

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