Why are Some Places Rich While Others are Poor? The Institutional Necessity of Economic Freedom
13 Pages Posted: 29 Jul 2009
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Why are Some Places Rich While Others are Poor? The Institutional Necessity of Economic Freedom
Number of pages: 13
Posted: 29 Jul 2009
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Why are Some Places Rich While Others are Poor? The Institutional Necessity of Economic Freedom
Economic Affairs, Vol. 30, Issue 1, pp. 48-54, March 2010
Number of pages: 7
Posted: 02 Mar 2010
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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: 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
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