“World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries. Hong Kong continues to dominate the list, followed by Singapore, Australia, Switzerland, New Zealand and Canada. These are the only countries to earn the index’s ‘economically free’ designation. The U.S. and the U.K, historically champions of free enterprise, have suffered the most pronounced declines. Both countries now fall in the ‘mostly free’ category.”
http://online.wsj.com/news/articles/SB10001424052702303848104579308811265028066
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