The United States has a problem: Economic freedom is under threat. The Heritage Foundation’s 2023 Index of Economic Freedom gives the U.S. its worst rating since the first index in 1995. Accordingly, as many as 16 European countries now enjoy more economic freedom than the U.S.!
.” Reaganomics advocated smaller government, lower taxes, and deregulation. Bidenomics equals big government and less market freedom.
Thankfully, the authors of the Freedom Conservatism manifesto remind us why the U.S. has been so successful. The principles of capitalism must be defended today against the Left — and against segments of the Right. I am optimistic because a majority of people still believe in capitalism, as an Ipsos MORI survey for my bookconfirms. The survey has now been conducted in 34 countries. The result: Second only to Poland, the U.S. is one of seven countries where support for capitalism remains strong.
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