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Anthony Ellison cuts through conventional neo-classical interpretations to expose the indispensable contribution of entrepreneurs in driving the market process and, in particular, in accomplishing the deregulation of the transportation, trade, telecommunications and financial regimes both in...
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potential maximum. The expansion of economic freedom was abruptly interrupted by the world wars and resumed after 1950, to peak …This paper analyses economic freedom for a sample of 21 OECD countries over the past 170 years on the basis of a new … thoroughly revised Historical Index of Economic Liberty (HIEL). Long-term gains in economic freedom reached two-thirds of its …
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