ABSTRACT

Data obtained from The Heritage Center and New Economics Foundation. There are two rather striking features about the relationship between these two variables. The first is the noticeable lack of any overall correlation; a particularly significant finding given that free-market disciples do not even question if economic freedom is positively correlated with longer, happier lives - they just assume it to be, at a statistically significant level. Economic freedom, in other words, appears to have very little impact on a country's Happy Life Years (HLY). Cost socialization is encouraged by current tax and regulatory policies. To conclude this chapter the author elaborate a bit more on what some of these lower hanging fruits are as they pertain to the subjects of governance and government. And like he likes neighbour's apples from childhood, he really cannot afford to wait for these fruits to fall on the ground.