Tuesday, December 07, 2004

index of economic freedom for states

the pacific research institute just came out with their index of economic freedom for states (similar to heritage's index for countries). i'd like to note that my home state of ohio ranks an impressive 43 out of 50. way to go, ohio! it seems from just briefly glancing at their map that economic freedom and population might have weak inverse correlation, excluding the south and a few other outliers:

and it's also interesting, but not surprising, to compare this to the red/blue election map:


read more about what pri considers economic freedom to be, and why they feel it's important. to quote:

Economic freedom is the right of individuals to pursue their interests through voluntary exchange of private property under a rule of law, and this freedom forms the foundation of all market economies. We start from the position that freedom requires that people be safe and secure in body, home, and property. We assume the necessity of a "minimal state" that provides a rule of law in order to have any freedom.


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