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InsiderOnline Blog: December 2008

Economic Freedom Still the Key to Prosperity

The performance of national stock markets does not support the thesis that a lack of regulation is to blame for world economic turmoil. Just the opposite, in fact. According to data compiled by Kevin Hassett of the American Enterprise Institute, higher scores on the Fraser Institute’s Economic Freedom of the World index are associated with smaller declines in national stock markets over the past year, as the chart below shows.

Posted on 12/08/08 02:44 PM by Alex Adrianson

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