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Is our economic freedom eroding?

Publication: The Washington Times
Publication Date: 26-SEP-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Is our economic freedom eroding?(COMMENTARY)

Article Excerpt
Byline: Richard W. Rahn, SPECIAL TO THE WASHINGTON TIMES

Are you more or less free in your economic life than you were 20 years ago? The question is not trivial because economic freedom is highly correlated with real per capita income and is a necessary component of fundamental liberty. The question was one of the topics debated among a group of the world's leading economists last week at a meeting of the Mont Pelerin Society.

Government taxing, spending and regulating erode economic freedom. There are those who argue that, at least in the United States, total government taxing and spending has not grown as a share of gross domestic product (GDP) over the last 40 years (it has fluctuated between...

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