Economic Freedom Falls in the United States, Global Report Shows

In Analysis by Michael Rae

The Fraser Institute’s 2022 Economic Freedom of the World Index report has been released. This year’s report covers the year 2020. The index development was led by Dr. James Gwartney in the late 1980s and early 1990s as a way of measuring economic freedom in each country.
Countries are rated on the basis of several categories and are put in four groups (quartiles) ranging from “most free” to “least free.”
The index calculates the score every year since 2000, and in five-year intervals as far back as 1970. The index rates 165 jurisdictions in the most recent report.
The report on the year

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