Economic Freedom of North America 2015

Here is the newly released Fraser Institute study (attached) titled Economic Freedom of North America 2015. In the event that you can’t open the attachment, you can find the report here: http://www.freetheworld.com/2015/efna/economic-freedom-of-north-america-2015-us-edition.pdf. It examines the freedom rankings by state based upon government spending, tax policy, and labor market freedoms. It reflects data through 2013. The lead investigator (Dean Stansel) is a Ph.D. economist (educated at George Mason University) and former Cato Institute research analyst. He is currently a Research Associate Professor at the O’Neil Center for Global Markets and Freedom in the Cox School of Business at Southern Methodist University.

The Fraser Institute is a Canadian public policy think tank. It has been described as politically conservative and libertarian. The Institute is headquartered in Vancouver and ties to a global network of 80 think-tanks through the Economic Freedom Network. According to the 2014 Global think tank index report, Fraser is number 23 (of 100) in the “Top Think Tanks Worldwide (non-U.S.), number 19 (of 150) in the “Top Think Tanks Worldwide (U.S. and non-U.S.) and number 1 (of 30) in the “Top Think Tanks in Mexico and Canada”.

You should be encouraged in our fight to preserve TABOR. The data (Table 3.2c on page 37) shows that, as of 2013 (the last data set available) Colorado is tied for 9th in economic freedom within the 50 United States. In amount of government spending, CO ranks 12th (behind, FL, ID, KS, MO, NE, NH, OK, SD, TX, and VA). We don’t fare as well in taxes as CO ranks 19th behind AL, AK, AZ, FL, LA, MI, MO, MT, NV, NH, OK, OR, SD, TN, TX, VA, WA, and WY. Labor market freedoms finds CO ranked 12th behind FL, GA, MD, MA, NH, ND, PA, SD, TN, TX, and VA. According to the report, CO should learn something about freedoms from New Hampshire (ranked alone as #1 whose motto is “Live Free or Die) as well as FL, MO, NE, SD, TN, TX, and VA.

 

2015 Freedom Rankings by State

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