(And I meant to say, thank you for sharing this with the Group!)


On Sat, Oct 11, 2014 at 10:47 AM, Keith In Tampa <[email protected]>
wrote:

> ​Good Morning Michael!
>
> This is both troubling and fascinating at the same time....I note that
> Great Britain is tied with us in overall economic freedom, and a number of
> Nations that we would assume "economically free"  also rank quite low.
>
> Although I didn't buy the report, here is CATO's web page in the report:
>
> ​http://www.cato.org/economic-freedom-world
>
> On Sat, Oct 11, 2014 at 8:24 AM, MJ <[email protected]> wrote:
>
>>
>>
>> *The World's Most Free Countries: United States No Longer in Top Ten *October
>> 10, 2014
>>
>> The Cato Institute has produced its annual "Economic Freedom of the
>> World" index, and the results are troubling. Michael Tanner of the Cato
>> Institute reports the United States is no longer among the top 10
>> countries; it has fallen to twelfth place, behind Hong Kong, Singapore, New
>> Zealand, Switzerland, Mauritius, the United Arab Emirates, Canada,
>> Australia, Jordan, Chile and Finland.
>>
>> The United States' decline has been swift; it was ranked the second
>> freest nation in the world in just 2000. The rankings are calculated after
>> assessing the size of government, a country's legal structure, access to
>> sound money, free trade and regulation. Tanner explains why the United
>> States has fallen so far down the list:
>>
>>    - The size of American government is only growing, and while it is
>>    not as large as some European governments, it is bigger than governments 
>> in
>>    Brazil and Mexico. The United States ranked 46th based on government size.
>>    - In terms of free trade, the United States fell into 29th place.
>>    - In 2005, the United States was scored as having the best sound
>>    money policy in the world. But, thanks to years of quantitative easing,
>>    America ranked 38th in the latest freedom index.
>>    - In 1980, the United States ranked as having the best legal system
>>    and system of property rights, and it was still in the top 10 as of 2000.
>>    But in the latest report, the United States has fallen to 36th place, 
>> based
>>    on the use of eminent domain, an increase in property seizures and 
>> property
>>    rights violations as a result of the auto bailout.
>>    - While the United States ranked in the top 10 for regulation, it has
>>    dropped in recent years; in 2000, the United States was in second place.
>>
>>
>> Tanner reminds readers the economic freedom index does not take into
>> account a number of non-economic freedom issues: the surveillance state,
>> police militarization and a growing and intrusive government bureaucracy.
>>
>> Source: Michael Tanner, " Land of the Free?
>> <http://www.nationalreview.com/article/389802/land-free-michael-tanner>"
>> National Review, October 8, 2014.
>>
>>
>>
>> http://www.ncpa.org/sub/dpd/index.php?Article_ID=24945&utm_source=newsletter&utm_medium=email&utm_campaign=DPD
>>
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>

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