by Dean Stansel, Fred McMahon
December 12, 2013
The results of this year’s study confirm those published in the previous eight editions: economic freedom is a powerful driver of growth and prosperity. Those provinces and states that have low levels of economic freedom continue to leave their citizens poorer than they need or should be. In the world-adjusted index, the top two jurisdictions (and four of the top seven) are Canadian, with Alberta in first place and Saskatchewan in second. Delaware in third spot is the highest ranked US state; Texas is next in fourth. In the subnational index, Alberta is first, followed by South Dakota, Tennessee, Delaware, and Texas. The second Canadian province is Saskatchewan at 27th.