Economic Freedom of the World: 2013 Report Robert Lawson Jerome M. Fullinwider Endowed Centennial Chair in Economic Freedom O’Neil Center for Global Markets and Freedom

Methodology 144 countries. 42 variables grouped into 5 areas. Time Series: 1970, 75, 80, 85, 90, 95, and rating scale with 10 indicating more economic freedom. Data-driven index. –World Bank –IMF –World Economic Forum –WTO Transparency throughout.

Source: EFW 2013, Exhibit 1.2. Economic Freedom Ratings, 2011 Top Nations plus U.K., U.S., Japan

Source: EFW 2013, Exhibit 1.2. Economic Freedom Ratings, 2011 Select Nations

The Rise and Fall of Economic Freedom in the U.S. Source: EFW 2012, page 166.

The Rise and Fall… Selected Components Source: EFW 2012, page 166.

“What counts is results, and there can be no doubt that the Soviet planning system has been a powerful engine for economic growth. But it has done so in an atmosphere of great human sacrifice…” Samuelson & Nordhaus