I’ve always been a big fan of Economic Freedom of the World because it provides a balanced and neutral measure of which nations do best in providing free markets and small government.
And I like it even when it gives me bad news. It’s somewhat depressing, after all, to read that the United States has dropped from the #3 nation when Bill Clinton left office to the #18 country in the most recent index.
But for all its many positive attributes, Economic Freedom of the World isn’t a comprehensive measure of liberty. That’s why I’m very glad to see that Ian Vasquez and Tanja Stumberger have put together a Freedom Index designed to measure economic and personal liberty.
And since they’re both sensible people, their definition of personal liberty is very sound – i.e., the freedom to be left alone and not harassed, persecuted, or annoyed by government.
Here’s their description of what the Freedom Index is designed to measure.