The Power of Independent Thinking


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Volume 4  Number 4  •  Spring 2000
Other Issues:  

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.