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Showing posts with the label liberty

Economic liberty and actual liberty

Some of my more thoughtful conservative friends have criticized President Obama's bigger initiatives -- like the health reform law -- from a "first principles" argument that economic liberty is the foundation of, well, liberty liberty. Any governmental act that interferes with the rights of individuals to their property or profit is a reduction of liberty and thus potentially a step down the slippery slope to tyranny. I think it's an insightful argument, but I also think it's got limits. And I think those limits might be demonstrated by the Heritage Foundation's 2010 Index of Economic Freedom . What's notable is that the two "countries" ranked highest on the index -- Hong Kong and Singapore -- might be great places to make cash, but they're not what most Americans would think of as substantially "free." (The United States ranks ninth.) Hong Kong might be listed as a separate "country" for the purposes of the index, but i