"When institutions protect the liberty of individuals, greater prosperity results for all". Economist Adam Smith formed this theory in his influential work, "The Wealth of Nations", in 1776. In 2011, his theory is measured – and proven – in the Index of Economic Freedom, an annual guide published by The Wall Street Journal and The Heritage Foundation, Washington’s No. 1 think tank.
The Index covers 10 freedoms – from property rights to entrepreneurship – in 183 countries. With its user-friendly format, readers can see how 18th century theories on prosperity and economic freedom are realities in the 21st century.