Economic freedom is robustly associated with income growth, but does this association extend to the poorest in a society? In this paper, we employ Canada’s longitudinal cohorts of income mobility between 1982 and 2018 to answer this question. We find that economic freedom, as measured by the...

Economic freedom is often defined as a negative liberty – freedom from interference. This contrasts with positive liberty which is defined as freedom to do which refers to capacities. A well-established literature argues that income inequality reduces positive liberty by limiting the...

Using World Bank estimates of intergenerational educational persistence and mobility for multiple across the development spectrum, this paper finds that economic freedom noticeably improves educational mobility. This is probably because economic freedom increases the returns to education in ways...