Mapping Economic Freedom

How free is YOUR economy? As free as those of the ANGLOSPHERE?

Many have questioned why I’m so big a proponent of the ANGLOSPHERE. Besides its accounting for about 50% of my GENETIC MAKEUP — if you count ALL of Ireland which one should — it’s STILL the FREESEST ECONOMIC GROUP OF COUNTRIES IN THE WORLD. Even the NORDICS CAN’T TOUCH IT.

Why IS this? Simple. The ANGLO-AMERICAN LEGAL SYSTEM, the whole POINT of which is to FACILITATE FREEDOM, TRADE and ECONOMIC DEVELOPMENT. And it’s been an ONGOING PROJECT since MAGNA CARTA in 1215.

And, yes, it’s also the reason for over a century of ANGLOSPHERIC FINANCIAL AND ECONOMIC DOMINANCE.

NO MEAN FEAT.

To help illustrate this, first, check out this GLOBAL ECONOMIC FREEDOM GRAPHIC:

Now, here are the ANGLOSPHERE vs. NORDIC RANKINGS:

Anglosphere

  • New Zealand 83.9
  • Australia — 82.4
  • Ireland — 81.4
  • United Kingdom — 78.4
  • Canada — 77.9
  • US — 74.8

Nordics

  • Denmark — 77.8
  • Iceland (not shown) — 77.4
  • Finland — 76.1
  • Sweden — 74.7
  • Norway — 73.4

And even if one includes almost-Nordic but still Baltic Estonia with its impressive 78.2, the Anglosphere still wins HANDILY.

Next, to a) how all of this is MEASURED and b) how the rest of the world shapes up:

MEASURES OF ECONOMIC FREEDOM

  • Size of Government
  • Legal System and Property Rights
  • Sound Money
  • Freedom to Trade Internationally
  • Regulation

ECONOMIC FREEDOM BY REGION

The three most economically free countries in the Western Hemisphere are Canada, Chile and the US.  Sadly, the US has slipped a bit.

Leading the way in Europe are Switzerland, the ANGLOSPHERIC UK & Ireland, the Baltics, the Nordics, the Netherlands, Luxembourg, Austria, the Czech Republic, Germany, Bulgaria and Belgium.

In Africa, Rwanda’s 68.3 is as good as it gets on the mainland; while tiny offshore Mauritius logs in with an impressive 77.0.  That’s better, by the way, than the US and a host of other developed first-world countries.

In this perennially most fractious part of the world, there are both the usual winners and states that have difficulty functioning. The former include Georgia, U.A.E., Israel, Qatar, Armenia, Cyprus, Kazakhstan and Azerbaijan.

East Asia is on par with Europe and as such comprises one of the world’s two FREEST ECONOMIC ZONES. And it’s still the case even if you leave out Oceania which consists of the Anglosphere’s Australia and New Zealand.

Singapore with its startling 89.7 leads the parade followed by Taiwan, Malaysia, Japan and South Korea.

CONCLUSION

The world is continuing to develop — and in an ever more multipolar way. Will this continue given the precarious frailty of the LARGELY MAKE-BELIEVE FINANCIAL SYSTEM and the PREMATURE PUSH into “GREEN ENERGY?” Honestly, I CAN’T SEE HOW.

So, enjoy what WE HAVE NOW for however longer WE HAVE IT. We may very well be on a steep DOWNSLOPE and moving at DIZZYING SPEED.

With that in mind, HAVE A HAPPY AND HEALTHY NEW YEAR!

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