Texas Ranks Near the Top (again) for Economic Freedom

Texas' economic policies keep it near the top in economic freedom, but government barriers hinder more human flourishing.The Fraser Institute gleans these insights in its recently released annual Economic Freedom of North America report. Based on variables related to government spending, taxes and labor market freedom, Texas and Florida tied for second place, behind only New Hampshire, where fewer than 1.5 million people reside.Texas, with a population of roughly 28 million, has ranked in the top five for 11 straight years, and has its highest overall score since the report began. On the other end of the spectrum, New York ranked 50th and California 49th, as they have for three of the last five years.This matters because residents and businesses frequently vote with their feet in favor of economic freedom.  Continue reading...

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