2008 Index of Economic Freedom


Economic Theory

One of the best single-volume introductions to the Austrian School of economics available


Author estimates government liabilities at £1,071 billion

The 2008 edition of this popular title.

Published by the Heritage Foundation and the IEA, the Index of Economic Freedom is an annual publication which seeks to quantify levels of economic freedom across the world and thereby offer insight into the policy choices needed to increase economic development and human progress.

This is achieved through a comparative analysis of the performance of a 162 countries, on a number of rankings such as the level of investment freedom, trade freedom and government spending.

Context for the full index is provided by a dedicated ‘country page’, which details the performance of each country, providing a qualitative overview of current challenges and looking at the countries performance over time.

The index is prefaced with three essays which examine in greater depth some of the issues raised by the analysis.

The essays:
Economic fluidity: a crucial dimension of economic freedom by Carl J Schramm
Narrowing the economic gap in the 21st century by Stephen L Parente
Globalization is making the world a better place by Guy Sorman

2008, Published by the Heritage Foundation, ISBN 978 0 89195 276 3, 422pp, PB