#FIRMAMENT RANKINGS HOW TO#
#FIRMAMENT RANKINGS FREE#

Short of repeal, the people are still waiting for the substantial income tax cut promised by Lansing politicians back in 2007. For example, eliminating the individual income tax would help Michigan transform into an economic freedom and opportunity powerhouse the likes of modern Florida and Texas. Given Michigan’s current stagnation in the freedom rankings lawmakers here should look to the index for clues on where more work is needed. The methodology is explained in detail by the reports’ authors and the dataset is made publicly available. The Fraser index is built around three areas: spending by government, taxes and market freedom for labor, and these areas have a total of 10 subcategories.

#FIRMAMENT RANKINGS HOW TO#

How to best identify and measure it is a perennial challenge, and Fraser Institute scholars have made a major contribution by devising ways to do so at both national and subnational levels. Economic liberty - the ability to freely produce and exchange goods and services for personal gain - is a vital ingredient for prosperity. Economists and social scientists have studied what makes nations and their political subdivisions prosper. There is practically zero chance these correlations are just coincidence.

#FIRMAMENT RANKINGS FREE#

During the past three years population grew about 3 percent in the 10 most free states, but only about 1 percent in the bottom 10 states. Per capita incomes in the 10 states ranked most free were almost 5 percent above the national average, and incomes in the 10 least free states were more than 3 percent below average. Studies show that economic liberty is highly correlated with many measurements of human well-being, starting with average incomes. Florida and Texas have experienced more than two-and-a half times faster population growth in recent years, and they’re among the freest states in the country.” “Americans have been voting with their feet against the ‘big government’ approach of New York and California. The least free were New York, California, Alaska, New Mexico and Hawaii, with New York and California bringing up the rear for the second year in a row.įraser scholars generally just report the rankings and let others draw conclusions, but with this release co-author Dean Stansel, an economics professor at Southern Methodist University, stated: states in this index were New Hampshire, Florida, South Dakota, Texas and Tennessee. states as it did the last time Frasier produced the list - a troubling indication of stagnation after several years of gains. Michigan’s holds the same 27th place ranking among the 50 U.S. and Mexican states as well as Canadian provinces.

The Fraser Institute just released its latest rankings of economic liberty in North America, covering U.S.

Firmament rankings