Freer economies are more prosperous
Annabel Denham writes for The Telegraph
Annabel Denham writes for The Spectator
Alexander Hammond writes for CapX
Alexander argues the paper provides evidence that the freer an economy is, the more prosperous and healthy the nation is. Alexander said: “Average incomes in the freest (i.e. most capitalist) quartile of countries are more than 8.5 times higher than average incomes in the least free quartile ($50,619 and $5,911, respectively.) Indeed, the gap between the freest and least free economies is so vast that the average incomes of the poorest 10% of people in the freest economies are more than twice average incomes in the least free nations”.
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