Economic freedom, prosperity, and equality: a survey
Article Abstract:
Research data clearly indicate that economic expansion is linked to life expectancy. An increase of $500-$1,000 in a poor country's per-capita annual income might increase that life expectancy in that country by a proportionate amount. Thus, economic growth is linked to economic liberty, which is distinct but goes in tandem with civil and political liberty. The concept of economic liberty in the context of economic expansion is evaluated.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 1997
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Exchange rates between what sorts of currencies?
Article Abstract:
Fixed exchange rates are irrelevant in a world with discretionary government flat monies. Monetary reform must be created by the largest monetary areas or countries establishing institutions that guarantee stable account units, which may include removing governmental issuing of money.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 2000
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The disregard for Currency Board realities
Article Abstract:
Economists need to accept that Currency Board Systems can move economies toward a free-market system. Such boards were adopted in Estonia, Argentina, Bosnia-Herzegovina, Lithuania and Bulgaria in the 1990s and have helped create stable money.
Publication Name: The Cato Journal
Subject: Political science
ISSN: 0273-3072
Year: 2000
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