PHIL 320A Lecture Notes - Lecture 40: Gender Equality
Document Summary
Legal system and property rights is the most important function of government. Freedom to exchange international is imperative to economic freedom. Countries with institutions and policies more consistent with economic freedom have higher investment rates, more rapid economic growth, higher income levels, and a more rapid reduction in poverty rate. A number of other outcomes are more positive in economically free nations than in those that lack economic freedom. Political and civil liberties are considerably higher in economically free nations than in unfree nations 2. Gender equality is greater in economically free nations 3. Happiness levels are higher in economically free nation. Nations that are economically free out-perform non-free nations in indicators of well-being. Anti-immigrant populist parties finding reinforces the view that support for populistic nativist parties increases when the degree of economic freedom is low and the degree of social protection is high.