WHY ARE SOME PLACES RICH WHILE OTHERS ARE POOR? THE INSTITUTIONAL NECESSITY OF ECONOMIC FREEDOM

Art Carden and Joshua Hall

Economic Affairs, 2010, vol. 30, issue 1, 48-54

Abstract: We survey perspectives on the economic differences between countries and argue that economic freedom is the key to prosperity. We close by outlining the policy implications. Specifically, removing obstacles to the exercise of economic freedom is an important step towards prosperity.

Date: 2010
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https://doi.org/10.1111/j.1468-0270.2009.01973.x

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