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No 4:
The Benefits of Economic Freedom: A Survey

Niclas Berggren

Abstract: A new empirical field of research in economics shows that policies characterized by economic freedom produce economic growth. “Economic freedom” means such things as a small government, protection of private property, a well-functioning legal system, free competition and few regulations. The field also shows that under certain conditions, economic freedom improves income equality.

Keywords: Economic freedom; Economic growth; Equality; Freedom index; (follow links to similar papers)

JEL-Codes: F43; O10; O40; P00; (follow links to similar papers)

30 pages, April 9, 2003

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This paper is published as:
Berggren, Niclas, (2003), 'The Benefits of Economic Freedom: A Survey', The Independent Review, Vol. 8, No. 2, pages 193-211

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