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

7 Pages Posted: 2 Mar 2010  

Art Carden

Brock School of Business, Samford University

Joshua C. Hall

West Virginia University

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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 towards prosperity.

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

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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