There are clear relationships between economic freedom and numerous positive economic and social indicators, the most prominent being the strong relationship between the level of economic freedom and the level of prosperity in a given country.
Economies rated “free” or “mostly free” in the 2014 Index enjoy incomes that are more than three times higher than average incomes in all other countries and more than 10 times higher than the incomes of “repressed” economies.

by The Wall Street Journal and
The Heritage Foundation.