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The conservative Heritage Foundation labels Canada’s economy “free,” and the United States as only “mostly free”

June 23, 2011 by FauxCapitalist

In their 2011 Index of Economic Freedom, the Heritage Foundation designated Canada’s economy as “free,” while the United States embarrassingly slipped down into its list of “mostly free” economies.

Canada was ranked in 6th place just behind other “free” economies like Hong Kong, Singapore, Australia, New Zealand and Switzerland, while the U.S. was ranked in 9th place, sharing company with “mostly free” economies like Uruguay in 33rd place.

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Posted in Uncategorized | Tagged Australia, Canada, Heritage Foundation, Hong Kong, Index of Economic Freedom, New Zealand, Singapore, Switzerland, United States, Uruguay | 2 Comments

2 Responses

  1. on October 16, 2011 at 11:48 am Canada the best place for business in 2011: Forbes « Exposing Faux Capitalism

    […] 3. The conservative Heritage Foundation labels Canada’s economy free and the United States as only mostly free […]


  2. on August 27, 2011 at 1:49 pm Whither the American creed? « Exposing Faux Capitalism

    […] is now more socialistic than Canada, its federal government has higher taxes than Canada’s, only has a mostly free economy compared to Canada’s free economy, and its federal government is more centralized and expansive than […]



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