The new Economic Freedom of the World report, coauthored with Josh Hall and Jim Gwartney, is released today. The big news is the continuing decline of the United States. Since 2000, the overall rating (out of 10) has fallen from 8.45 to 7.58 in 2009. This decline is among the largest in the world during the period putting us in the company of countries like Venezuela and Argentina. The overall decline is accounted for by changes in three areas: Spending, Property Rights, and Regulations.
via Division of Labour: September 2011 Archives.
H/t Tyler Cowan.
Truth and Traditions 