Economic Freedom and Prosperity

http://www.nationmaster.com/graph/eco_eco_fre-economy-economic-freedom

The chart the libfags don't want you to see.  It shows the clear link between economic freedom and prosperity.  Notice how all the top countries on the list have a higher measure of economic liberties than do the countries on the bottom/middle parts of the list. 

this statistic just lists economic freedom, not the correlation between economic freedom and prosperity. You can go to http://hdrstats.undp.org/buildtables/# and build a table that has all the factors you want to define 'prosperity' with, then compare them to their economic freedom, i'll bet that you'll get a relatively bad correlation for most effects. Even if you click on nationmasters 'correlation' button, you'll find no correlation between the level of economic freedom and GDP per capita (if that is your measure of prosperity)

OH GOD THOSE FUCKING LIBFAGS ARE AT IT AGAIN, THX FOR THE HEADS UP OP, ILL BE SURE TO SHOW THIS TO ALL MY FRIENDS

economic liberty does not entail prosperity... causation does not imply correlation

>>2

The correlation coefficient runs from -1 to 1 so a coefficient of 0.5 in the mathematical model's terms it means there is a 75% chance an increase in one variable will result in an increase in the other. A coefficient of -0.5 would mean there is a 25% chance an increase in one variable will result in an increase in the other and thus a 75% chance that an increase in one will result in a decrease in the other. A coefficient of 0 of course means there is no correlation.

Also the correlation between economic freedom and gdp per capita is geometric with a visually significant increase in gdp per capita once economic freedom is rated 2.5 and above, like a y=x^2 graph rather than a y=x graph.

http://www.nationmaster.com/plot/eco_eco_fre/eco_gdp_percap/flag

My synopsis would be that while economic freedom is not the only factor that effects gdp per capita, it is a requirement to increase gdp per capita above $9000 and it does have a positive effect on gdp per capita.

lol libfags can't handle the truth... they're wrong on economics.  faggots.

That's weird.
It says that the source is The Heritage Foundation, however, their index of economic freedom is here: http://www.heritage.org/research/features/index/countries.cfm.

>>5

of course economic freedom has something to do with economic development and the creation of a well functioning economy, it would be stupid to say it didn't, but it would be just as retarded to say "oh, we'll just give them poor countries high economic freedom factor, then they'll grow huge GDP!". You can see this from the graph too, just because you're on the high end of the economic freedom axis, doesn't mean you automatically have a really high GDP, however it's really hard to achieve a really high GDP without the necessary level of economic freedom.
All i'm sayin then is, that you can reach a very high level of economic freedom, while at the same time having 'libfag' PoV on redistribution, healthcare, education, etc.  Of course if you by 'libfag' mean communist hacker gangster fiends, that isn't true.

>>8
while at the same time having 'libfag' PoV on redistribution

No, you can't, retarded communist hacker gangster fiend.
Economic freedom is freedom in the negative sense: DON'T TAX ME BRO.
Negative freedom and theft(or redistribution if you prefer euphemism) are mutually exclusive.

>>8
>>5 here
Economic freedom not only increases gdp per capita but also equality as most inequality is based on corruption of free market forces as a result of state intervention, the state's negative effect on the economy goes much further than income tax. If you're totally obsessed with making everyone as equal as possible I suppose you could have the state force everyone to be equal, but that entails tyranny and oppression.

>>9
lol, look at the fucking statistics you retard, the countries with  70+ economic freedom are generally well off, but amongst those countries there are great differences between the levels of redistribution, some of the most extreme being the scandinavian countries, european countries in general compared to luxemboug, hong kong or singapore. So there's a great difference in the level of taxing and redistribution, but only some difference of GDP and economic freedom.

Economic freedom is important and necessary in building a well-off economy, but so are many other things, and if a slight reduction in economic freedom leads to a great increase in these  factors, then maybe that's worth doing, as the graph shows us that having a high level of economic freedom isn't a guarantee for a high GDP.

to sum it up, you're an idiot if you think removing all taxing will lead to a 100% economically free nation and thus gigantic GDP and prosperity! especially if you think it works on a global scale. Most of the places with high economic freedom are places where businesses go because it's cheaper for them to be situated there, they can pay less taxes etc. if the entire world was like that, the big companies would just stay where they were, there wouldn't necesserily be more of them.

>>11
Obviously you need to enforce the law and defend the country, but that's it. The invisible hand of the free market will solve all our problems since it is the perfect economic system.

>>11
Didn't your parents taught you to properly understand the text you've just read or something?
If you weren't such a dumbass you could've saved yourself a lot of typing.
Alright, I'll give you my post in a version for 5-year-olds:

while at the same time having 'libfag' PoV on redistribution
WRONG. U NEEDS TO READ UP ON NEGATIVE FREEDUMS.

>>13

it doesn't matter if it's negative or positive freedom, if economic freedom is a negative freedom, and redistribution imposes to some degree on this freedom, then it doesn't change any of what i said, except not being completely free in the negative freedom aspect, doesn't necesserily mean you'll have a shitty economy, and being completely free in the negative freedom aspect doesn't mean you'll have a great economy.

>>14
just GTFO
this board is beyond "DURR I GOTS POLITICIZED TODAY AND FEEL A SUDDEN URGE TO TAKE A DUMP - THROUGH MY MOUTH!"
since you probably won't GTFO of 4chan entirely, here's a lesson:
if someone exposes that you've no idea what you're talking about then pretend to be another anon and ignore that post

What units are freedom measured in?

>>16
bullets and $100 bills

>>15

lol, stop talking out your ass and explain to me why and how i'm wrong then.

www.republicanforaday.com

So no more disinformation about this man. Go straigth to the source.

>>18
GTFO nigger

LOL, classic shit.  ALl the prosperous countries are economically free! Stupid libfags gtfo.