The foundations of economic freedom have been declining around the world for three consecutive years, according to the 2024 Index of Economic Freedom, which annually assesses the economic governance and entrepreneurial environments of 184 countries.
Despite the disappointing downward trend of global economic freedom, the overall findings of the 2024 index, released Monday by The Heritage Foundation, are unmistakable: Preserving and further enhancing the institutions of economic freedom is the key to economic empowerment and societal flourishing. (The Daily Signal is the news outlet of The Heritage Foundation.)
In its 30th anniversary edition, the 2024 index provides a unique opportunity to step back and contemplate the importance of the critical interplay of freedom, opportunity and prosperity. Since 1995, when Heritage published the first edition of the index, the world…
