Prosperity and Economic Freedom: A Virtuous Cycle
By John R. Hanson II
This article appeared in the Spring 2000 issue of The Independent Review


Recent empirical studies support Adam Smith’s contention that economic freedom enhances the wealth of nations. They also indicate that the reverse is true: rising prosperity has encouraged many countries to pursue free-market policies.

Other Independent Review articles by John R. Hanson II
    Winter 2008   Global Migration and the World Economy: Two Centuries of Policy and Performance
    Spring 2003   Against the Dead Hand: The Uncertain Struggle for Global Capitalism
    Spring 1999   Are We All Capitalists Now?

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