Every year, the Heritage Foundation’s “Index of Economic Freedom” ranks countries according to their friendliness toward free market principles. Even as most nations maintain their economic freedom, the United States is falling behind.
According to the conservative think tank, most global economies have remained “moderately free” since last year’s report. At the same time, the 2021 index shows that the United States recorded “its worst score and ranking ever, a result of out-of-control spending and a loss of confidence by Americans in the even-handed rule of law.”
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