Hong Kong really is the world's freest economy

We weren’t sure, but respondents to our web poll last week confirmed Hong Kong’s status as the world’s most laissez-faire economy.

Hong Kong really is the world's freest economy
Sarah Palin, an active supporter of the right-wing Tea Party movement

The Heritage Foundation once again ranked Hong Kong as the world’s freest economy this year, and in our web poll last week readers agreed with that assessment.

For the 17th year in a row, Hong Kong topped the class thanks to its small government, low taxes and light regulation. Barriers to entry are low, property rights are secure and contracts are respected. In short, the conservative think-tank reckons Hong Kong is a Tea Party paradise. On paper, at least....

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