Contemporary economic policy debates are dominated by concerns regarding the rise in inequality (Stiglitz 2012, Piketty 2014). Primarily, this has led to a focus in re-invigorating redistribution. For instance, Robert Shiller (2014) has recently argued for indexing top marginal tax rates to inequality and using the revenues to fund transfer payments. Secondarily, there are the longstanding obje...

entrepreneurship is one of the key requirements for economic development. so determinants of the development of entrepreneurial activities has always been of interest to researchers. economic freedom and reducing the size of government is to foster entrepreneurship as substrates. the main objective of this paper is to examine the impact of economic freedom on the development of entrepreneurial ...

In 2004, ten additional countries join the 15-member European Union. As a result, the nature of the community and its countries are predicted to change, including the economic freedom of individuals and organizations. This study uses classification tools to look at the Economic Freedom of the World index (EFI), examining the similarities and the differences in the economic freedom of the 25 aff...

SOCIETIES THRIVE AS ECONOMIC FREEDOM GROWS F more than two decades, the Index of Economic Freedom has documented the vital role of economic freedom in promoting human progress. People living in nations with higher degrees of economic freedom prosper because their governments rely on systems of free markets to regulate economic activity. At their best, operating without interference, free market...

We explore the relationship between emotional well-being and economic freedom. Using data for a sample of 12 countries from wave 2 of the World Value Survey (WVS) and the Economic Freedom of the World (EFW) index, we find that people living in more economically free societies are more likely to report the presence of positive affect and absence of negative affect. Specifically, people who live ...

The Economic Freedom of the World (EFW) index is extensively used in academic research to show how economic freedom relates to a wide array of economic and social outcomes. Given this, it is important that researchers understand the goal of the index and how to properly utilize this index in their research. There seem to be several common misconceptions about the EFW index resulting from a simp...