Compared with much of the world, U.S. citizens have historically enjoyed a large measure of economic freedom. That may explain why the median U.S. household earns more than 93 percent of the entire planet. Unfortunately, over the last decade—as government spending has piled up and as the government has undertaken unprecedented interventions in the private economy, U.S. economic freedom has been in precipitous decline. Reversing that trend would do a great deal to restore the fundamental conditions that are conducive to prosperity.
That is me, writing at the Economic Intelligence blog over at US News and World Report. I plan to contribute there on a semi-regular basis.