After all the hullabaloo from the GOP and Dem political conventions, I thought I’d remind everyone where the U.S. stands on global measures of economic freedom and human freedom.
Politics is toxic and deceptive. Rarely does the truth emerge from political conventions. So what was said at them, well, take with a grain of salt. Let’s look at the facts.
Economic freedom measures the level of voluntary exchange, property rights, regulations, and other indicators.
In 2013, the last year available, the US ranked 16 out of 197 countries and sinking. By contrast, in 2000 the US ranked 2 out of 123 countries, #3 in 2001, 5 or 6 from 2002 through 2008, then 10 in 2009, 12 in 2010, 16 in 2011, and 13 in 2012.
Here is an interactive map of the world.
Human freedom combines economic freedom with measures of social freedom such as freedom to exercise one’s religion, association, assembly, and expression. It measures a total of 76 indicators.
On this measure the US ranks 20 out of 152 in 2012, the latest year data are available.