ON-Lion Letter
For more than a decade, The Heritage Foundation in Washington, D.C., and The Wall Street Journal have tracked the march of economic freedom around the world with their influential Index of Economic Freedom.  The 2010 Index covers 183 countries around the world, ranking 179 of them with an economic-freedom score based on 10 measures of economic openness, regulatory efficiency, the rule of law, and competitiveness.  The basic principles of economic freedom emphasized in the Index are individual empowerment, equitable treatment, and the promotion of competition.

Four Asia–Pacific economies continue to lead the world in economic freedom -- Hong Kong, Singapore, Australia, and New Zealand.  The United States is ranked No. 8; for the first time ever, the U.S. has dropped out of the "free" category and fallen to just "mostly free."

The positive relationship between economic freedom and prosperity is confirmed yet again in the 2010 Index, which also found that countries diverged sharply in their response to the global crisis:  many continued to promote economic freedom; others did not.  As a result of increasing government interference in economic activity in many countries, overall progress toward greater economic freedom has been interrupted.

The 2010 Index of Economic Freedom is available in many various formats online, where it can also be purchased in book form.

Milwaukee's Lynde and Harry Bradley Foundation supports The Heritage Foundation, as does Bradley's Donor Intent Program.
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