United States Drops Out of Top 10 in Economic Freedom
(p. A13) World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday [Jan. 14, 2014] by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries.
For 20 years, the index has measured a nation's commitment to free enterprise on a scale of 0 to 100 by evaluating 10 categories, including fiscal soundness, government size and property rights. These commitments have powerful effects: Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity and social progress.
For the full commentary, see:
(Note: bracketed date added.)
(Note: the online version of the commentary has the date Jan. 13, 2014.)
For more on the 2014 Index of Economic Freedom, visit: