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The Fundamental Importance of Economic Freedom

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The release today of the new Economic [2]Freedom of the World: 2006 Annual Report [2] — by Jim Gwartney, Bob Lawson, and Bill Easterly, and published jointly by the Cato Institute [3] and the Fraser Institute [4] — prompts me to revisit, today at Tech Central Station [5], one of my favorite themes: economic freedom is more fundamental than technology in raising living standards.

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