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
Β Some excerpts:Β
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βNations with the greatest degree of economic freedom tend to have citizens who are much better off in every way.βΒ
βNo 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.βΒ
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βAnd 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.βΒ
βIt was President Franklin Roosevelt who said: βContinued 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.β