The 2010 Index of Economic Freedom

STUDY

For over a decade, The Wall Street Journal and The Heritage Foundation, Washington’s preeminent think tank, have tracked the march of economic freedom around the world with the influential Index of Economic Freedom.

What is economic freedom?

Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. Read on »

Rank 2010

(100 is a perfect score/change from ’09)

1.   Hong Kong89.7-0.3
2.   Singapore86.1...-1.0
3.   Australia82.60.0
4.   New Zealand82.1...+0.1
5.   Ireland81.3...-.9
6.   Switzerland81.1...+1.7
7.   Canada80.4-0.1
8.   United States78.0...-2.7
9.   Denmark77.9+1.7
10.  Chile77.2-1.1

A related study with slightly different results can be found from the Fraser Institute »


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