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“Economic power is exercised by means of a positive, by offering men a reward, an incentive, a payment, a value; political power is exercised by means of a negative, by the threat of punishment, injury, imprisonment, destruction. The businessman's tool is values; the bureaucrat's tool is fear.” Ayn Rand

January 15, 2008

Economic Freedom in the world

by Jason Pye

The Heritage Foundation has released its annual Index of Economic Freedom. The report analyzes different areas of economic policy (taxes, trade, business, property rights and more) and ranks 162 nations accordingly.

It’s always an interesting read. If you’re a fan of economics, you’ll enjoy it.

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January 15, 2008

Economic Freedom in the world

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