Why are Some Places Rich While Others are Poor? The Institutional Necessity of Economic Freedom

13 Pages Posted: 29 Jul 2009  

Art Carden

Brock School of Business, Samford University

Joshua C. Hall

West Virginia University

Multiple version iconThere are 2 versions of this paper

Date Written: July 29, 2009

Abstract

We survey perspectives on the economic differences between countries and argue that economic freedom is the key to prosperity. We close by outlining the policy implications. Specifically, removing obstacles to the exercise of economic freedom is an important step toward prosperity.

Keywords: Planning, economic progress, economic development, entrepreneurship

Suggested Citation

Carden, Art and Hall, Joshua C., Why are Some Places Rich While Others are Poor? The Institutional Necessity of Economic Freedom (July 29, 2009). Available at SSRN: https://ssrn.com/abstract=1440786 or http://dx.doi.org/10.2139/ssrn.1440786

Art Carden (Contact Author)

Brock School of Business, Samford University ( email )

800 Lakeshore Drive
Birmingham, AL 35229
United States

HOME PAGE: http://www.artcarden.com

Joshua C. Hall

West Virginia University ( email )

Morgantown, WV 26506
United States

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