by Lawrence J. McQuillan, Ying Huang, Robert E. McCormick
Pacific Research Institute
December 06, 2004
Dr. Lawrence J. McQuillan of the Pacific Research Institute, with the assistance of economists Ying Huang and Robert E. McCormick of Clemson University, has created a "U.S. Economic Freedom Index." Published in association with Forbes, the Index is an important tool, not only for policymakers, but also for those seeking an improved understanding of the link between economic freedom and financial prosperity. Using data from more than 100 policy variables, this indispensable report examines five types of government intervention – fiscal, regulatory, judicial, size of government, and welfare – to rank America’s 50 states on their level of economic freedom.