7 Pages Posted: 2 Mar 2010
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 towards prosperity.
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. Economic Affairs, Vol. 30, Issue 1, pp. 48-54, March 2010. Available at SSRN: https://ssrn.com/abstract=1562111 or http://dx.doi.org/10.1111/j.1468-0270.2009.01973.x
By Hans Pitlik
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