The Fundamental Importance of Economic Freedom

by Don Boudreaux on September 7, 2006

in Standard of Living, Technology, The Economy

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

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