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Importance of Economic Freedom

DoubtingDave
Posts: 380
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3/30/2013 4:28:51 PM
Posted: 3 years ago
How important is economic freedom to you? To me, it is the most important freedoms that we have. Unfortunately, here in America, it is being slowly chipped away.

Each year, the Heritage Foundation puts out the Index to Economic Freedom. http://www.heritage.org...

The top 5 nations are:

1) Hong Kong
2) Singapore
3) Australia
4) New Zealand
5) Switzerland.

It is interesting to note that the nations with more economic freedom, limited government, and low government corruption have lower unemployment rates, higher wage rates, and fare much better than nations in the bottom of the list.

So, how important is economic freedom to you?
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bossyburrito
Posts: 14,075
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3/30/2013 4:33:45 PM
Posted: 3 years ago
Economic freedom is just as important as any other kind of freedom.
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drhead
Posts: 1,475
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3/30/2013 4:35:32 PM
Posted: 3 years ago
Then I must point you to this thread:
http://www.debate.org...
As much as we all hate to admit it, malcomxy has the better sourced argument.
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Greyparrot
Posts: 14,282
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3/30/2013 4:40:32 PM
Posted: 3 years ago
At 3/30/2013 4:35:32 PM, drhead wrote:
Then I must point you to this thread:
http://www.debate.org...
As much as we all hate to admit it, malcomxy has the better sourced argument.

Are you willing to trade your social freedoms for economic freedoms? Cause that's what malcolm is saying is required to have less corruption.
My-Self
Posts: 92
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3/30/2013 4:41:34 PM
Posted: 3 years ago
At 3/30/2013 4:33:45 PM, bossyburrito wrote:
Economic freedom is just as important as any other kind of freedom.

If you don't have marriage freedom, you can't legally marry; if you don't have economic freedom, you can't eat.
"Genesis could be compatible with anything. Theologians are great at mental gymnastics." ~ phantom
My-Self
Posts: 92
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3/30/2013 4:42:57 PM
Posted: 3 years ago
At 3/30/2013 4:40:32 PM, Greyparrot wrote:
At 3/30/2013 4:35:32 PM, drhead wrote:
Then I must point you to this thread:
http://www.debate.org...
As much as we all hate to admit it, malcomxy has the better sourced argument.

Are you willing to trade your social freedoms for economic freedoms? Cause that's what malcolm is saying is required to have less corruption.

Economic freedoms and social freedoms are completely intertwined. What good is freedom of the press if you're not allowed to buy paper, ink, or computers?
"Genesis could be compatible with anything. Theologians are great at mental gymnastics." ~ phantom
imabench
Posts: 21,219
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3/30/2013 4:48:02 PM
Posted: 3 years ago
At 3/30/2013 4:28:51 PM, DoubtingDave wrote:
How important is economic freedom to you? To me, it is the most important freedoms that we have. Unfortunately, here in America, it is being slowly chipped away.

Just post whatever it is you want to post and be done with it, quit being overdramatic.

Each year, the Heritage Foundation puts out the Index to Economic Freedom. http://www.heritage.org...

The top 5 nations are:

1) Hong Kong
2) Singapore
3) Australia
4) New Zealand
5) Switzerland.

It is interesting to note that the nations with more economic freedom, limited government, and low government corruption have lower unemployment rates, higher wage rates, and fare much better than nations in the bottom of the list.

So, how important is economic freedom to you?

Tied with social freedoms and political freedoms.
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BigRat
Posts: 465
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3/30/2013 10:01:22 PM
Posted: 3 years ago
Ya. It is pretty well known by anyone who knows anything about this that more economic freedom means higher incomes and higher standards of living. Goes against what a lot of progressives say, but that doesn't change reality.
My-Self
Posts: 92
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3/31/2013 12:57:31 AM
Posted: 3 years ago
At 3/30/2013 6:56:55 PM, APB wrote:
Economic freedom cannot be taken away, it can only be relegated to the black market.

The two are nowhere near equivalents. The free market is a pareto optimal improvement from the black market.
"Genesis could be compatible with anything. Theologians are great at mental gymnastics." ~ phantom