that combine free trade with the right set of
domestic policies tend to grow faster than
other countries do. The Economic Freedom of
the World report, coauthored annually by
Gwartney and Lawson, ranks more than 120
countries around the world according to the
degree of economic freedom that their citizens
enjoy. The economic freedom index is a
composite score of 38 variables measuring
size of government; legal structures and security
of property rights; sound money; regulation
of credit, labor, and business; and freedom
to trade with foreigners.