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Economic freedom, now more than ever

Senator Mike Lee (R-UT) and Kevin Roberts of The Heritage Foundation write in The Washington Times on the importance of economic freedom.

>>>READ:Cleaned by Capitalism: How Economic Freedom Creates a Healthier Environment<<<

The C3 Take
  • In The Heritage Foundation’s 2022 Index of Economic Freedom the United States was ranked 25th overall, our lowest score to date.
  • Internationally economic freedom declined, due primarily to government responses to COVID-19.
  • Solutions that are rooted in economic freedom provide the best pathway to reduceing global emissions and increasing human flourishing.
  • Governments across the world should look for ways to increase economic freedom in order to boost the health of the planet and its citizens.

“Just because economic freedom is unfashionable today doesn’t make it ineffective. The human spirit, expressed in individual initiative, remains every bit as much the wellspring of community and global prosperity as it was when the Soviet empire fell. American conservatives, in particular, tempted by the clicks and frisson of ideological novelty, should remember: there is nothing more elitist than central economic planning, and nothing more populist than free markets roiling with hungry competitors and empowered consumers.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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