Ten Consequences of Economic Freedom

Study | Economy

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No. 268

Friday, July 30, 2004

by James Gwartney and Robert Lawson

Conclusion

The conclusion is abundantly clear: The freer the economy, the higher the rate of economic growth and the richer the people. Furthermore, economic freedom clearly increases life expectancy, improves the lives of the poor and of children, helps the poor, improves the lives of children, and it supports democracy and many other desirable aspects of healthy societies.