New Report Touts Benefits of Economic Freedom
PRI Press Release
1.7.2009
For Immediate Release:
January 7, 2009
Contact: PRI Press Office
Nomi Deutch at 415/955-6120
New Report Touts Benefits of Economic FreedomSan Francisco – The Pacific Research Institute (PRI), a free-market think tank based in California, today released The Sizzle of Economic Freedom: How Economic Freedom Helps You and Why You Should Demand More, a report that highlights the best scholarly studies measuring the benefits of economic freedom. In producing the study, the authors chose the most recent and academically rigorous peer-reviewed studies in top academic journals.
“The price of limiting economic freedom is real, but not always apparent or easily understood by citizens and voters, or especially by lawmakers,” said Lawrence J. McQuillan, Ph.D., co-author of the report and director of Business and Economic Studies at PRI. “Our report is particularly timely -- in recent months, the U.S. government has undergone a massive expansion not seen in the last 30 years. More than ever, it’s important to remind workers, taxpayers, voters, business leaders, and politicians of the importance of economic freedom to our nation’s growth and prosperity and the dangers and folly of continuing down the road to ever-larger government.”
The benefits of greater economic liberty include:
- Higher personal income
- Less unemployment
- Faster economic growth
- More macroeconomic stability
- Greater capital investment and productivity
- More business startups
- More entrepreneurship and innovation
- A better-educated workforce
- Less poverty and inequality
- Better health
- Greater population inflows
- A cleaner environment
- A better quality of life
- More democracy and peace
“The benefits of greater economic freedom are sweeping and substantial for individuals and societies. In the future, while many Americans might still vote for restrictions on economic freedom, this study will help them to cast educated votes,” said Dr. McQuillan.
### | Contact: | To download a copy of The Sizzle of Economic Freedom: How Economic Freedom Helps You and Why You Should Demand More, click here. To arrange an interview with authors Lawrence J. McQuillan, Ph.D., or Robert P. Murphy, Ph.D., please contact PRI’s Press Office at 415/955-6120 or ndeutch@pacificresearch.org. |
About PRI
For 30 years, the Pacific Research Institute (PRI) has championed freedom, opportunity, and individual responsibility through free-market policy solutions. PRI is a non-profit, non-partisan organization. For more information please visit our web site at http://www.pacificreseach.org
|
