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Health & Fitness

The Importance of Economic Freedom for Prosperity

The importance of economic freedom for prosperity

Here is a great article regarding the importance of economic freedom.Β 

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β€œNations with the greatest degree of economic freedom tend to have citizens who are much better off in every way.” 

β€œNo centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society in a beneficial way. On the contrary, big governments are inherently inefficient and harmful.” 

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β€œAnd yet, the tendency of our own government here in the U.S. has been to grow bigger and bigger, controlling more and more. This is why America keeps dropping in the annual ranking of economic freedom.” 

β€œIt was President Franklin Roosevelt who said: β€œContinued dependence on [government support] induces a spiritual and moral disintegration fundamentally destructive to the national fiber. To dole out relief in this way is to administer a narcotic, a subtle destroyer of the human spirit.”

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