The Benefits of Economic Freedom: A Survey
A new empirical field of research in economics shows that policies characterized by economic freedom produce economic growth. “Economic freedom” means such things as a small government, protection of private property, a well-functioning legal system, free competition and few regulations. The field also shows that under certain conditions, economic freedom improves income equality.
|Date of creation:||09 Apr 2003|
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|Publication status:||Published in The Independent Review, 2003, pages 193-211.|
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