The banter continues about the Republican Party being pushed to the right by “ideologues.”
Working Americans interest in politics is motivated by how to make our lives better. They don’t care about how one set of intellectuals or pundits think the world should be against some other set of ideas of ideology. They care about the facts. How the world really is and acting accordingly.
Two principles often labeled as “right wing ideology” are that as a society we are better off with limited government and individual freedom and that as individuals we are better off being married. Is this wishful thinking of ideologues or is this reality?
Two publications just out provide factual substantiation backing up both these principles.
Economic Freedom of the World, now in its 16th edition, is an annual index published co-operatively by 70 think tanks from around the world. This team has developed measures of economic freedom and then correlates these measures with economic performance in every country in the world.
What, according to this publication, is economic freedom? The core principles are “personal choice, voluntary exchange, freedom to compete, and security of privately owned property.”
They look at five areas to measure if these conditions exist. Size of government (expenditures, taxes, and government enterprises), legal structure and security of property rights, access to sound money, freedom to trade, and regulation of credit, labor, and business.
The result of the analysis – using the measures of economic freedom and looking at 141 nations around the world to examine the correlation between economic freedom and prosperity - leads to a clear conclusion. More economic freedom correlates with more prosperity and higher quality of life.
Breaking down 141 nations into four quartiles, running from the least free quarter to the most free, shows the following: The highest quartile – the most free - has an average per capita income two and half times higher that than the average of the second quartile, four and half times higher than the third quartile, and nine and a half times higher than the least free quartile.
Average life expectancy in the most economically free nations is seven years higher than the second quartile, eleven years higher than the third, and twenty years higher than in the poorest.
The Index also shows that nations that are more economically free are more likely to be politically free – they have more political rights and civil liberties – than those not economically free. And individuals in the most economically free nations report the highest levels of “life satisfaction.”
How about marriage?