Are you free?
I see that the latest
Index of Economic Freedom has come out.
The UK stands at number 16 in terms of economic freedom with a score of 74.5, down 2.0 points since last year.
Out of 183 countries only 13 show a larger drop in economic freedom in the previous twelve months than does the UK. At least our score is better than that of Zimbabwe at 22.1, never mind poor old North Korea with a mighty score of 1.0.
The figures show that there is a positive correlation between economic freedom and economic prosperity. They also show that higher government expenditure is correlated with lower economic growth.
This would seem to indicate that an independent Scotland would be strongly advised to emulate country number 1. After all, it was created by a Scot.
posted by David Farrer at 16:01
|
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
XML Feed
