Good numbers and good analysis, but I’d rather we have or be moving toward the economic liberty regime of Hong Kong as opposed to the UK, Germany, Japan, S. Korea, and Mexico.
The critical element here is liberty, not scale or population. Comparing us to European or Asian socialists and statists isn’t exciting. Mexico, despite all its crazy rules, has a very, very lax regulatory regime. It’s corruption and laziness are what get it its high scores.
It’s like being told you’re only losing an eye unnecessarily, look at those other guys losing an arm and a leg. No thank you.
Forgetting scale is no good, I hate hearing globalwarmers complaining about all that global warming on their front lawn. We don't compare Estonia and Mauritius to the U.S., we compare them to San Diego and San Antonio. We compare Australia and Canada to states like California and New York.
Just ask Rush, big difference between econ freedom in New York and Miami.